Why Bill Gates’ pledge to donate his money is harder than it seems
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. Microsoft co-founder Bill Gates announced one week ago that he would give away “virtually all” of his wealth over the next […]
This is Generation X’s biggest retirement worry — and it’s not money
The “slacker” generation is jaded and anxious once more.
How unaffordable the housing market is and where it’s getting worse
Ever since the epic run on housing in the first years of the pandemic, fueled by record-low mortgage rates, the market has been plagued by low supply and high prices. Prices in March were 39% higher nationally than they were in March 2019, pre-pandemic, according to the S&P CoreLogic Case-Shiller Index. While prices continue to […]
The stock market’s momentum swings both ways. Don’t get hit.
Why you should give up any ‘FOMO’ you might have after the market’s meteoric rise.
Dick’s Sporting Goods to acquire Foot Locker for $2.4 billion
Dick’s Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of consumers and corner the Nike sneaker market. Under the terms of the agreement, Dick’s will use a combination of cash on hand and new debt to acquire Foot Locker […]
Cava (CAVA) Q1 2025 earnings
A customer exits a Cava restaurant in New York City on June 22, 2023. Brendan McDermid | Reuters Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said its same-store sales grew 10.8% […]
Michael Burry’s Scion bets against Nvidia, turns bearish on Chinese stocks
Michael Burry’s Scion Asset Management made some major changes to its portfolio during the first quarter, according to a filing with the SEC released on Thursday.
Walmart to increase some prices due to Trump tariffs
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images Price increases are coming soon to a Walmart near you. On Thursday, Walmart CFO John David Rainey warned investors that even the retail giant known for its discounts will have to raise the […]
Walmart’s CEO says Americans should brace for higher prices
Walmart is set to mark up prices in the current quarter, as the magnitude of U.S. tariffs on imported goods — even amid pauses and reductions by the Trump White House — is characterized as too much for the company to eat
Bombas taps Jason LaRose as new CEO
Bombas Socks in store. Courtesy: Bombas Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a former Under Armour and Equinox executive, will take over as the company’s next CEO effective Thursday. Heath said he […]
