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Finance
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
The PlayStation DualSense controller and PlayStation 5 console.Jakub Porzycki | Nurphoto | Getty ImagesSony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023,…
Walmart to reportedly lay off hundreds of corporate staff and relocate others
Walmart megastore exterior and logo sign, Denver, North Carolina.Ucg | Universal Images Group | Getty ImagesWalmart is cutting hundreds of corporate jobs and asking most remote…
Amazon-backed Anthropic launches its Claude AI chatbot across Europe
Sopa Images | Lightrocket | Getty ImagesAnthropic, the artificial intelligence startup backed by Amazon, said Monday it's launching its generative AI assistant Claude in Europe on…
‘Wealth can be pretty isolating’: Problems that rich people face, according to therapists
Depressed young male smoking cigarette, drinking alcohol and holding his head in hand.Mixmike | E+ | Getty ImagesCan money buy happiness? Contrary to what some may think, a…
Stock market today: Live updates
Traders on the floor of the New York Stock Exchange.Ted Shaffrey | APStock futures flickered near the flatline Monday evening as Wall Street braced for the release of key inflation…
Here’s how much housing prices have skyrocketed over the last 50 years
If homes seem more expensive than ever, it's because they are — even after adjusting for inflation.U.S. homebuyers are spending more than double to buy a home now than they were in…
OpenAI gives a shoutout to Nvidia — plus, a new industrial stock joins our watchlist
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We're…
Your home sale could trigger capital gains taxes — here’s how to calculate your bill
Westend61 | Westend61 | Getty ImagesAs home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your home's profit could reduce…
Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down
Adam Dodd, co-founder of wealth technology app Freetrade, is stepping down as CEO.FreetradeLONDON — The boss of U.K. stock trading service Freetrade is stepping down and leaving…
The revived craze for GameStop is confusing Wall Street. It’s ‘not in a position to be profitable’
The return of "Roaring Kitty" sparked a jaw-dropping advance in GameStop shares Monday, but such a speculative rally in an unprofitable company will likely end badly once again.…