Walmart Marketplace’s rapid growth came with fakes, scams
When Mary May started buying from third-party sellers on Walmart‘s online marketplace, she said she assumed the products she was purchasing were the same as the ones she’d long bought in stores. So in late March when she said she saw a “ridiculous sale” on her favorite Neuriva brain supplements on Walmart’s marketplace, she bought […]
Why mortgage rates are actually going up after the Fed cut interest rates
The 30-year mortgage rate shot up the day after the Federal Reserve cut interest rates.
Larry Ellison $365 billion fortune breaks every rule of wealth management
A version of this article 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. Larry Ellison built the world’s second-largest fortune by holding on to his Oracle shares over nearly five decades of ups and downs. At the […]
FedEx (FDX) Q1 2026 Earnings
A Fedex truck is seen during heavy traffic on Sept. 16, 2025 in New York City. Zamek | View Press | Corbis News | Getty Images FedEx beat on the top and bottom lines in its fiscal first-quarter earnings report on Thursday. The stock rose more than 5% in after-hours trading on Thursday. “Despite significant […]
Google searches for ‘help with mortgage’ haven’t been this high since 2009
More people appear to be looking for help with their mortgages, according to internet search trends. But economists say the reality is more nuanced and less alarming.
Comcast’s Versant reports declining annual profit as it prepares to go public
Versant, Comcast’s spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public. The new entity will trade on the Nasdaq under the ticker “VSNT” after the separation, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors also became privy to more of Versant’s financials. […]
One reason NBA star Kevin Durant is holding onto his bitcoin: He can’t get into his Coinbase account
‘It’s in the cloud,’ Durant joked – and he’s not the only one with a lost bitcoin wallet.
American Express Platinum Card Refresh 2025: $895 fee, $3,500 perks
American Express platinum business card. Courtesy: American Express American Express on Thursday unveiled updates to its flagship credit card amid heightened industry competition over the country’s high spenders. The company said consumer and business versions of its refreshed Platinum card now carry an $895 annual fee, about 29% higher than the current fee of $695. […]
Trump pressure on the media mounting
Show host Jimmy Kimmel delivers his opening monologue at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024. Mike Blake | Reuters President Donald Trump’s pressure on media companies is mounting. On Wednesday, the Walt Disney Co. pulled “Jimmy Kimmel Live!” off the air “indefinitely” from its ABC network after the […]
Netskope leaps into a hot IPO market. The cybersecurity stock is seeing a double-digit percentage gain.
The stock was trading comfortably above its $19 IPO price, which valued the company at $7.3 billion, in its trading debut on the Nasdaq.
