Kanye West finally sells the Tadao Ando-designed Malibu home, an ‘architectural gem’ that he gutted
After tearing the home apart, leaving it empty and exposed to the elements, West has sold the derelict property at a $36 million loss
NFL’s most valuable team at $11 billion
When Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, the team was losing $1 million a month, according to Jones. Back then, there were plenty of empty seats and suites at Texas Stadium. The oilman had borrowed every nickel he could to buy the Cowboys, so he had to act […]
Fed’s Goolsbee says trending economic data justifies multiple rate cuts, starting soon
The longer-run trend of labor-market and inflation data justify the Federal Reserve easing interest-rate policy soon, and then steadily over the next year, Chicago Fed President Austan Goolsbee said Thursday, in an exclusive interview with MarketWatch.
Court approves plan to exit Chapter 11
The exterior of a Red Lobster restaurant in Austin, Texas, on May 20, 2024. Brandon Bell | Getty Images A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for bankruptcy protection in […]
‘At times, the pain is unbearable’: My daughter cut me out of her life. I’m conflicted — do I exclude her from my will?
“I scrimped, saved, invested and worked multiple jobs my entire adult life so my children would never have to pay my senior-care medical expenses.”
Rising NFL valuations mean massive returns for owners
A National Football League team today is a $6.5 billion business. That is the average value of the NFL’s 32 franchises, according to CNBC’s Official 2024 NFL Team Valuations. Pro football teams have been a lucrative asset for owners in the most popular U.S. sports league: The returns they have seen on their initial investments […]
Ford truck, hybrid models lead to 13% increase in August sales
A Ford Raptor pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT — Ford Motor’s U.S. vehicle sales jumped 13.4% last month, led by increases in the company’s F-Series trucks and hybrid models. The Detroit automaker reported sales Thursday of nearly […]
Kamala Harris’s corporate-tax plan could cut S&P 500 earnings by 5%: Goldman Sachs
The candidates in the 2024 presidential election have presented starkly different visions for corporate taxation — and if implemented, they could have a major impact on the stock market.
CNBC Official NFL Team Valuations 2024
CNBC Official 2024 NFL Team Valuations Join us on Sept. 10 in Los Angeles for CNBC x Boardroom’s Game Plan. This high-powered event brings together industry leaders, visionaries and influencers, along with executives and investors to explore the dynamic intersection of business, sports, music and entertainment. For more information and to request an invitation, click […]
These tips for investing in mutual funds and ETFs can ease your money worries
Dividend investing strategies, Buffett’s birthday advice and what your latte says about the market.
