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Danielle Sassoon, assistant US Attorney for the Southern District of New York, left, arrives at court in New York, US, on Thursday, March 28, 2024. Yuki Iwamura | Bloomberg | Getty Images A seventh federal prosecutor resigned Friday over the Department of Justice’s controversial order to dismiss criminal corruption charges against New York Mayor Eric … Read more
Several analysts raised their price targets on Coinbase shares after the crypto exchange operator reported a blowout fourth quarter postmarket Thursday. Coinbase handily beat expectations , with performance driven largely by a surge in trading activity during the postelection crypto rally. Earning per share came in at $4.68, more than double the $1.81 Wall Street … Read more
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave in the Flatbush neighborhood of Brooklyn in New York City on March 19, 2024. Michael M. Santiago | Getty Images News | Getty Images Ben & Jerry’s accused its parent Unilever of demanding its silence toward … Read more
Investor love is in the air as all three major U.S. indices keep climbing higher and now hover at all-time highs. The markets continue to overcome headwinds, and volatility has vanished with the Cboe Volatility Index down at 14. Hotter-than-expected inflationary data, higher interest rates, or the threat of tariffs have oddly become bullish. However, … Read more
Jaque Silva | Nurphoto | Getty Images The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. Reddit on Wednesday reported fourth-quarter revenue of $428 million, which was up 71% from the previous year and represents the fastest growth rate for any quarter since 2022. Although Reddit’s … Read more
Sanja Radin | E+ | Getty Images It seems that love is in the air — and so is the spending as more people are apparently getting into the Valentine’s Day spirit this year. Americans shopping for their significant others are expected to spend $14.6 billion this year, according to the latest annual survey by … Read more
You have until April 15 to file your 2024 taxes. As the name implies, nearly all of what matters when it comes to your return happened last year. The various paperwork you’ll have to go through over the next couple of months will likely concern property you sold, money you made and loans you repaid … Read more
One phrase echoing through the fourth-quarter earnings season is a signal that investors and corporate executives alike may have a hard time predicting 2025: “currency headwinds.” The sharp rise in the U.S. dollar in the final months of 2024 has been blamed by company after company in recent weeks for underwhelming earnings in the fourth … Read more
European Commission President Ursula von der Leyen speaks during the 61st Munich Security Conference on February 14, 2025 in Munich, Germany. International defence and security leaders from around the world are gathering for the February 14-16 conference. Sean Gallup | Getty Images News | Getty Images Failure to secure a “just and lasting peace” for … Read more
The average National Basketball Association team is worth $4.66 billion, according to CNBC Sport’s official NBA valuations.