Malerapaso | Istock | Getty Images With the national average interest rate on credit cards at historic highs, many Americans are being dinged with higher monthly charges than ever on on their balances. As a result, they may be wondering if it’s a good idea to tap their retirement savings to pay off the debt.
In this article SIX Follow your favorite stocksCREATE FREE ACCOUNT Customers are socially distanced on rides like the Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey. Kenneth Kiesnoski/CNBC Company: Six Flags Entertainment (SIX) Business: Six Flags is the largest regional theme park operator in the world and the largest
If you can’t come up with a New Year’s resolution, Mark Cuban has you covered. On Sunday, the Dallas Mavericks owner told Bill Maher on the “Club Random” podcast that everyone over 30 should be reading every day. Otherwise, they’re limiting themselves and their career, he said. “Somebody 40 and over, even 30 and over,
In this article BTC.CM= ETH.CM= DOGE.CM= SOL.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Solana was touted as the cryptocurrency that would challenge
Getty Images After a year of high inflation, stock market volatility and rising interest rates, it’s easy to see why many feel uncertain heading into 2023. But rising costs have prompted updates from the IRS, broadly affecting Americans’ finances, including retirement savings and taxes. And recent legislation may present further options for the new year.
Watch full episodes of the Science Channel Series “How It’s Made.” This is how a Bugatti is made. Like other works of art, this supercar is a limited edition. Only 450 of them will ever be made. Bugatti calls its 1,000-square-meter production facility the Atelier. Instead of a typical assembly line found in most car factories, the Veyron is assembled at individual stations.
The $180bn gaming industry, twice the size of the film business, already attracts hundreds of millions of players. But as tech leaders vie to create the next iteration of the internet, gaming has become a battleground. The FT explores how gaming got so big, and whether it really can be the gateway into this new
Xavier Lorenzo | Moment | Getty Images When it comes to financial resolutions for 2023, there’s one goal at the top of many people’s lists: building an emergency fund. A recent survey from Personal Capital found that 31% of respondents want to increase their emergency savings, topping other goals like purchasing a car, with 15%;
Traders on the floor of the NYSE, Oct. 7, 2022. Source: NYSE (Click here to subscribe to the new Delivering Alpha newsletter.) Despite this year’s market havoc, investors are feeling fairly optimistic going into 2023, according to a new CNBC Delivering Alpha investor survey. Four out of 10 predict that the S&P 500 will rise 6% to
Former U.S. President Donald Trump on Nov. 15, 2022. Eva Marie Uzcategui/Bloomberg via Getty Images Former President Donald Trump paid millions of dollars in state and local taxes from 2015 through 2020, according to income tax returns publicly released Friday by the House Ways and Means Committee. But while the returns show associated tax deductions
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Football Club / Handout/Anadolu Agency via Getty Images Soccer superstar Cristiano Ronaldo is joining Saudi Arabian club team Al Nassr in a deal that will
Olivier Douliery | AFP | Getty Images Winning $640 million wouldn’t be a bad way to close out the year. That’s the Mega Millions jackpot amount for the next drawing, set for Friday night. The top prize has been growing since Oct. 14 when it was reset to $20 million after two tickets — sold
(An excerpt from the book, “Shut Up and Keep Talking: Lessons on Life and Investing from the Floor of the New York Stock Exchange,” by Bob Pisani.) “No one ever made a decision because of a number. They need a story.”—Daniel Kahneman, in Michael Lewis’ “The Undoing Project” related investing news How to play market
It’s time to start treating handbags like a legitimate investment. In 2020, the investment potential of handbags outpaced rare artwork, cars and whiskey, according to Art Market Research. By 2027, the market is expected to reach $100 billion, compared to today’s $72 billion. As the founder of Rebag, a designer handbag resale site, I’ve kept
In this article NKLA TGTX CHPT GFS MU Follow your favorite stocksCREATE FREE ACCOUNT A ChargePoint station at the New Carrollton Branch Library in New Carrollton, Md. Tom Williams | Cq-roll Call, Inc. | Getty Images Check out the companies making headlines in midday trading. TG Therapeutics — Shares jumped more than 9% after the
Brazilian football legend Pele poses with the FIFA World Cup trophy on March 9, 2014 in Paris. Franck Fife | AFP | Getty Images Pelé, the Brazilian soccer icon who brought the World Cup trophy to his home country three times, becoming an international superstar and the highest-paid team athlete in the world at the
The Professional Bull Riders organization, also known as PBR, recently visited Madison Square Garden in New York. Part of PBR’s Built Ford Tough Series, the event saw 35 of the best bull riders in the world competing for a championship prize of more than $100,000. While much of the spotlight shines on the riders themselves,
June 25 (Bloomberg) — From mahogany to marble, most luxury interior designers have access to an unlimited selection of high quality materials to satisfy their clients needs; but when designing private jet interiors, where weight becomes a major factor, designers have to get very creative. Bloomberg learns how Comlux America, a private jet VIP completion
bymuratdeniz | E+ | Getty Images For retirees, a new year means adjusting to changes in a variety of Medicare costs, including premiums, deductibles and copays. For 2023, some of those costs will be higher than they were this year, while others are going down. Although each change doesn’t necessarily involve a huge dollar amount,
The largest investment on ABC’s “Shark Tank” in 2022 didn’t go to a robotics company or a vegan food empire. Instead, it went toward cold-water baths. On a May 2022 episode, Robert Herjavec offered $2.4 million to Plunge, a Lincoln, California-based company that sells tubs designed for cold-water immersion. The baths cost nearly $5,000 and
In this article LUV CALM NFLX Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines’ holiday meltdown will “certainly” hit its fourth-quarter results, executives said Thursday, adding that it will take several weeks to work through affected travelers’ reimbursement requests. The systemwide chaos stranded hundreds of thousands of customers over the holiday week and drew scrutiny from Washington.
D3sign | Moment | Getty Images The surge in egg prices has stood out in a year when Americans saw their bills balloon across the grocery store. Average egg prices jumped 49.1% in November compared with those a year earlier — the largest annual percentage increase among all grocery items in that period, according to
In this article RSXJ RSX Follow your favorite stocksCREATE FREE ACCOUNT Russian President Vladimir Putin chairs a meeting with members of the Security Council at the Novo-Ogaryovo state residence outside Moscow, Russia November 25, 2022. Alexander Shcherbak | Sputnik | Reuters VanEck is liquidating its Russia-centric exchange-traded funds after the ongoing war in Europe has
The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Following a record-smashing tech IPO year in 2021 that featured the debuts of electric car maker Rivian, restaurant software company Toast, cloud software vendors GitLab and HashiCorp and stock-trading app Robinhood, 2022 has been a complete dud. The only notable tech offering
In this article DIS WBD NFLX Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this year, with companies losing billions of
June 30 — Bloomberg’s Jason Kelly examines the business rivalry between BlackRock and Blackstone as the firms begin to pursue the same investors. He speaks on “Market Makers.” — Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in