Investing News

Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images CAMERON COUNTY, Texas — Standing under the towering profile of SpaceX’s next-generation Starship rocket, CEO Elon Musk on Thursday gave his pitch for

Digital investment advisor Betterment has acquired robo-advisory firm Makara that offers cryptocurrency. The acquisition’s terms were not disclosed. Betterment, which is the biggest independent digital advisor in the United States, pioneered robo-investing—an industry that grew during the pandemic.  The company’s CEO Sarah Levy stated that Makara was unique because it combined crypto offerings with guidance

If you’re eligible for Social Security benefits, you’ll have a choice of when to start collecting them: early (as soon as age 62), at your “full” or “normal” retirement age (65 to 67, depending on the year of your birth), or late (up to age 70). This article explains the pros and cons of claiming

Zhao Changpeng, founder and chief executive officer of Binance, speaks during an interview in Singapore, on Nov. 19, 2021. Wei Leng Tay | Bloomberg | Getty Images Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned. The funds will

Key Takeaways Gross bookings came in at $25.9 billion, surpassing analysts’ expectations. Gross bookings measure the total dollar amount that Uber generates across its business platforms. Uber said that the omicron variant had an impact on its business in late December but that it’s already bouncing back to continue its ongoing recovery from the pandemic.

Thomas Paine, Napoleon, and Martin Luther King, Jr., don’t have much in common at first glance. Nor do socialists and libertarians—or Finnish bureaucrats and Silicon Valley tycoons. Some policies have a habit of creating strange bedfellows, but none more so than the idea that governments should guarantee their citizens a minimum level of income. Not by

A batch of Starlink satellites deploy in orbit after a launch on Nov. 13, 2021. SpaceX Elon Musk’s SpaceX expects to lose nearly an entire launch’s worth of Starlink satellites after a storm created by the sun struck the Earth’s atmosphere. The company launched 49 Starlink satellites with a Falcon 9 rocket on Feb. 3.

Editor’s note: Below you’ll find the week 74 release of the NYC Recovery Index, originally published Feb. 1, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index experienced some setbacks over the week ended Jan. 22, as the index fell from a score of 79 to 75.

Having two mortgages isn’t as rare as you might think. People who amass enough equity in their homes often elect to take out a second mortgage. They might use this money to pay off a debt, send a child to college, finance starting a business, or make a large purchase. Others will use a second mortgage

With e-commerce sales soaring in China, shares of online retail giant Alibaba Group Holding Ltd. (BABA) have risen steadily over the past decade, and it’s not surprising that there are a number of options for the investor interested in mutual funds and exchange-trade funds (ETF) holding Alibaba. Here are the top 5 funds holding shares in

Over the last two decades, automated teller machines (ATMs) have become as much a part of the landscape as the phone booths made famous by Superman. As a result of their ubiquity, people casually use these virtual cash dispensers without a second thought. The notion that something could go wrong never crosses their minds. Unfortunately,

Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned. The New Jersey based start-up, valued at $2.85 billion in a recent fundraising, is acquiring a crypto firm founded by Harvard-trained quants and launching two subsidiaries to handle and

Human beings often act in irrational and unexpected ways when it comes to business decisions, money, and finance. Behavioral finance tries to explain the difference between what economic theory predicts people will do and what they actually do in the heat of the moment. Oftentimes, this comes down to the specific biases people tend to have. Key

An investor’s main goal is to make money. Although you can’t predict how your investment portfolio will perform, there are several metrics that investors can use to calculate a realistic estimate of future growth. Not only do investors need to consider the expected gains of each asset, they also have to consider factors such as

In this article SQ MARA RBLX BA AMD A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters February started on a dramatic note as Big Tech companies, including Meta Platforms and Amazon, issued quarterly earnings and swayed the major

Paying foreign officials for expediting legal processes or obtaining contracts was a common business practice around the world well into the 1970s. In 1973, the Watergate scandal, that ultimately caused Richard Nixon’s resignation as president, brought corporate bribery into the spotlight. The Securities Exchange Commission (SEC) and the U.S. Department of Justice (DoJ) began investigating

CNBC’s Jim Cramer said Tuesday that now is the time to ditch stocks of unprofitable companies. “This is your chance to free yourself of those companies … that don’t have any revenues, don’t have any earnings, all 50 times sales,” Cramer said on “Squawk on the Street,” referring to stocks that sell at high price-to-sales

Medicaid vs. CHIP: An Overview Medicaid and Children’s Health Insurance Program (CHIP) both play a critical role in ensuring that children in lower-income families have sufficient health care coverage. Although they are both federal programs largely implemented through the states with joint financing, the two programs differ in many respects. Key Takeaways Healthcare coverage for

In this article MRCY Julian Elliott Photography | Stone | Getty Images Company: Mercury Systems Inc. (MRCY) Business: Mercury Systems is a technology company, engaged in the manufacture and sale of components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. The company’s products and solutions

The S&P 500 Index has long been one of the best-known proxies for the U.S. stock market, and several mutual funds and exchange-traded funds (ETFs) that passively track the index have become popular investment vehicles. These funds do not seek to outperform the index through active trading, stock picking, or market timing but instead rely