Detroit auto stocks jump on report of tariff relief for U.S. vehicles
GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT — Shares of the Detroit automakers closed higher Friday following an afternoon report that President Donald Trump is considering “significant tariff relief” for the production of vehicles in the U.S. Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted […]
The monthly BLS employment report is the gold standard. But investors have other options.
The government shutdown is clouding the market outlook — but you can still make informed portfolio moves.
Why Taylor Swift’s ‘The Life of a Showgirl’ vinyl avoids tariffs
Taylor Swift performs onstage during The Eras Tour at Wembley Stadium on June 21, 2024, in London. Kevin Mazur | Getty Images On Friday, 24-year-old Tayra McDaniels will scamper down the stairs of her East Village apartment building and pick up four preordered vinyl editions of Taylor Swift’s new album, “The Life of a Showgirl” […]
‘I think we’re in a market bubble’: I’m 62, retired and want to move my $200K IRA to a money-market account. Am I being too cautious?
“I will also draw Social Security when I reach 70, which will be $3,500 per month.”
The wealth of the top 1% reaches a record $52 trillion
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The top 10% of Americans added $5 trillion to their wealth in the second quarter as the stock market rally continued to benefit […]
The AI bubble is 17 times the size of the dot-com frenzy, this analyst argues
A research firm is arguing snot just that AI is in a bubble, but one 17 times size the dot-com bubble.
Comcast names Mike Cavanagh as co-CEO alongside Brian Roberts
(L-R) Michael Cavanagh, then-chief financial officer of Comcast, talks with Brian Roberts, chief executive officer of Comcast, as they arrive for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images Comcast announced Monday it’s named Mike Cavanagh as co-CEO alongside longtime leader Brian Roberts, […]
Scorability wants to revolutionize college sports recruiting as NIL takes off
Coaches and staff use the Scorability recruiting dashboard to discover, evaluate, and engage with recruits Scoreability Sports tech platform Scorability has raised $40 million in fresh funding as the company looks to modernize college sports recruiting, the company announced on Tuesday. The funding round was led by Bluestone Equity Partners, with participation from sports merchandising […]
Amazon’s ‘crown jewel’ is this business that doesn’t get nearly enough attention
Amazon’s highly profitable ad division is the key to funding the company’s future growth, according to a Needham analyst.
Amazon Prime Video, FanDuel launch real-time NBA betting updates
DeMar DeRozan #10 of the Sacramento Kings is defended by Jose Alvarado #15 of the New Orleans Pelicans during the second half of a game at the Smoothie King Center on February 12, 2025 in New Orleans, Louisiana. Derick E. Hingle | Getty Images Basketball fans watching on Prime Video this season will be able […]
