Supreme Court to hear Purdue Pharma case that could shake up opioid settlement
The U.S. Supreme Court on Monday will hear a case with big implications for victims of the opioid epidemic, as well as for corporate bankruptcies. The court will hear arguments on the legality of a bankruptcy settlement involving Purdue Pharma, the maker of the prescription painkiller OxyContin. The settlement would help compensate victims of the […]
PGA Tour commissioner talking to several possible investors
PGA Tour Commissioner Jay Monahan speaks during a press conference prior to the TOUR Championship at East Lake Golf Club on August 24, 2022 in Atlanta, Georgia. Cliff Hawkins | Getty Images PGA Tour Commissioner Jay Monahan said Wednesday that the organization is talking to several potential investors as a deadline to clinch a deal […]
Bitcoin continues its surge, climbs past $41,000 for first time in 18 months
Bitcoin extended its yearlong rally overnight, shooting past the $41,000 level for the first time since May 2022. The price of bitcoin BTCUSD, +4.76% was at $41,639 just past 1:30 a.m. Eastern, after quickly taking out $40,000, according to CoinDesk data. The cryptocurrency is up more than 13% over the past month and up more […]
More than 500 companies had perfect scores on top LGBTQ+ index
Attendees hold large Pride flag at the 2023 LA Pride Parade on June 11, 2023 in Hollywood, California. (Photo by Rodin Eckenroth/Getty Images) Rodin Eckenroth | Getty Images In a year stained by boycotts, protests and heightened consumer choice, hundreds of companies came through for LGBTQ+ equality, according to a leading advocacy group. The Human […]
I want my brother to inherit my estate. I’ve three other siblings. Do I need an attorney? What could go wrong?
Dear Quentin, I am in my 60s — a widow with no kids, but a big extended family. I own my own house and car. I have a couple of investment accounts, a savings account and a pension. I have listed one of my brothers as beneficiary for all of my assets. What can I […]
Covid vaccine rates are falling in U.S.
A sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | Reuters Three years into the Covid-19 pandemic, few Americans are rolling up their sleeves to get a Covid vaccine. Only 15.7% of U.S. adults had received the newest Covid shots from Pfizer, Moderna and Novavax […]
Pending home sales drop to record low
Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking this metric in 2001, meaning it’s even worse than readings during the financial crisis more than a decade ago. Sales were down 8.5% from October […]
What’s worth streaming in December 2023: Not much new, yet still a lot to watch
December is an odd month for streaming, with only a handful of new releases to look forward to. However, there are new episodes of quite a few very good shows that premiered in November, mostly on Hulu and Apple, and Netflix has its annual batch of Oscar hopefuls — making December a month to potentially […]
Inside Tennessee’s most expensive home, near Nashville
This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. Twin Rivers Farm could break records as Tennessee’s priciest home if it fetches its $65 million asking price. The property is located just […]
I’m 67 and retired with $57,000 left on my mortgage and $600,000 saved for retirement — should I pay off my home now?
I am 67 years old, single and retired at 66. After taxes, I receive $3,100 per month from a pension. After taxes and my Part B Medicare payment, I receive $2,100 per month from Social Security. I have approximately $100,000 in mutual funds/savings accounts and $500,000 in my 401(k) account. I am able to live […]
