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Finance
The 2023 Mazda CX-30 vs. the Hyundai Venue, 2 subcompact SUVs under $25K: Which is better?
Inexpensive cars are growing rare, but there are still a handful of reliable rides under $25,000 on the market in 2023. Most of them are subcompact SUVs –…
Ray Dalio says to hold cash ‘temporarily’ — but don’t buy debt and bonds
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute ConferenceBloomberg | Bloomberg | Getty ImagesAs concerns mount over rising…
Stock market today: Live updates
3M was the biggest laggard in the 30-stock Dow, dropping more than 5.7%. Caterpillar shares were lower by 2%. Meanwhile, Apple shares declined more than 1%, falling for a second…
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions.Fraser said in a release that…
UAW president says union will strike at three U.S. auto plants if no deal reached by midnight
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023.Michael Wayland / CNBCDETROIT – The United Auto Workers…
The IRS is hitting pause on new claims for a pandemic tax credit ‘overtaken by aggressive promoters’
The Internal Revenue Service will stop processing new claims on a pandemic-era credit for businesses that has become prone to questionable claims and…
Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests
Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest.FirstMark Capital's Rick Heitzmann believes real fundamental…
ECB rate decision, stocks and data
European stocks end the day 1.61% higher after ECB rate hikeThe pan-European Stoxx 600 index closed around 1.61% higher at 4.30 p.m. London time after the European Central Bank…
How this former teacher went from $100,000 in debt to a $300,000 net worth
Chris Lovell went from being more than $100,000 in debt to a six-figure net worth by “house hacking,” doing side hustles and moving into a higher paying…
Arm shares soar in market debut. Here’s why the pros are not buying the stock right now
Market Movers rounded up the latest reactions on Arm Holdings from investors and analysts. The pros, including Jim Cramer , discussed the British chip design company after it began…