What drove stock market’s record-breaking week? Don’t overlook growing rate-cut expectations.
Friday’s rally in U.S. stocks, which sent the S&P 500 and Nasdaq Composite to record closing highs, got help from solidifying expectations of traders around the likelihood of at least three quarter-point rate cuts from the Federal Reserve by year-end.
Nike stock soars after better than feared Q4 2025 results
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better-than-feared fiscal fourth-quarter earnings report. Nike on Thursday reiterated it would take the biggest financial hit from its turnaround plan during the quarter, soothing investors who worried President Donald Trump’s tariff hikes on key Nike […]
Here’s how the luxury real estate market is splitting up
View of luxury waterfront homes and boats along the intracoastal waterway near Jupiter Inlet in Jupiter, Florida in Palm Beach County Ryan Tishken | Istock | Getty Images 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 […]
My wife and I have $7,000 in pensions, $140,000 cash, plus $3,500 in Social Security. Can we afford to retire?
“My wife of 20 years is a Japanese national and lives in the U.S. as a permanent resident.”
Inside Stellantis’ plan to revive its Ram Trucks brand after declines
Stellantis’ Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC AUBURN HILLS, Mich. — Ram CEO Tim Kuniskis reemerged from a seven-month retirement late last year saying he “missed the fight” and admitting the Stellantis brand was getting smashed in the marketplace by its competition. […]
The Great Rotation out of the U.S. toward other markets is still in motion, says strategist
Currencies and earnings momentum favour international markets
Family offices double down on private credit and infrastructure
Vithun Khamsong | Moment | Getty Images 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. Investment firms of the ultra-rich are increasingly investing in alternative assets like real estate and venture […]
Pixar’s ‘Elio’ is emblematic of a bigger headwind for Hollywood
A still from Disney and Pixar’s animated film “Elio.” Disney Disney’s Pixar animation studio had its worst opening ever over the weekend — and its problems aren’t unique. “Elio,” the story of a young boy who is mistakenly identified as Earth’s ambassador to the universe, tallied just $21 million in ticket sales during its first […]
Teens from upper-income families are far more likely to work summer jobs than poor teens. What’s going on?
Teen employment in the U.S. has been declining for decades. Today, many working teens come from higher-income families that encourage them to seek learning opportunities outside of the classroom.
The $5 million Trump Card faces legal challenges, limited market
U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025. Kent Nishimura | Reuters 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 […]
