Investors should look beyond the most popular, large cap stock funds next year, but that doesn’t mean they have to get too defensive, according to Astoria Portfolio Advisors. John Davi, Astoria’s CEO and chief investment officer, told CNBC that the huge amount of cash that has flowed into index funds tracking the S & P … Read more
When Steve Menking started working on Wall Street in his early 20s, he thought he found a career for life. Instead, shortly after his 25th birthday, Menking jokes that he had a “quarter-life crisis” while working as an equities trader at SMB Capital. “I watched colleagues my age — or younger — excelling in their … Read more
Some CEOs say work-life balance is a myth. Others swear it’s a key to their success. Glassdoor CEO Christian Sutherland-Wong is in the latter category. He worked his way up from vice president of product in 2015 to leading the jobs website in 2020. With more than 500 employees under his leadership, he says he … Read more
The US Capitol building in Washington, DC, on November 24, 2024. Daniel Slim | Afp | Getty Images Most of Connecticut’s congressional delegation said they were the subject of bomb threats Thursday at their homes as they were preparing to celebrate Thanksgiving, although no bombs ultimately were found. Democratic Reps. Jim Himes, Jahana Hayes, Joe … Read more
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute … Read more
Lebanon’s foreign minister on Thursday defended Hezbollah’s presence in the region, but said his country had “no say in the decision to go to war” with Israel. Speaking to CNBC’s Dan Murphy, Abdallah Bou Habib vowed to uphold a U.S.-France brokered cease-fire that is already showing signs of strain, and said he will seek foreign … Read more
U.S. President Joe Biden delivers remarks from the Rose Garden of the White House in Washington, U.S., November 26, 2024. Nathan Howard | Reuters President Joe Biden on Thursday criticized President-elect Donald Trump’s announcement that he will implement 25% tariffs on Canada and Mexico, saying that the comments were “counterproductive.” “I hope he rethinks it, … Read more
Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health. A working paper released last month by the Center on … Read more
Mexican President Claudia Sheinbaum speaks after reading a letter to be sent to U.S. President-elect Donald Trump, warning that tariffs would cause inflation and job losses in both countries, at National Palace in Mexico City, Mexico, November 26, 2024. Presidencia De Mexico | Via Reuters Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate … Read more
Future hall-of-fame tight end Rob Gronkowski says he bought $69,000 worth of Apple stock in 2014 based on advice from a contractor working on his Foxborough, Massachusetts, home, reports Fortune. “I [had] never been involved in stocks,” Gronkowski said. “I really didn’t know how stocks work. So I was like, ‘All right, let me do … Read more