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Finance
Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes
Federal Reserve Bank of Boston President Susan Collins stands behind the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, in…
I’m 76 and lost $200,000 in shares when a company went bankrupt. How do I minimize this capital loss?
Dear Tax Guy, I am 76 and have more than $200,000 in capital losses, which are mostly from inherited stock in a company that went bankrupt years ago. I will never…
Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess
Illustration by Elham AtaeiazarAfter pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he would step down as Disney's CEO. His…
New York City begins tough crackdown on Airbnb listings
Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder. A new ordinance that went into effect Tuesday requires all short-term-rental…
Evergrande soars 70% leading Chinese property stocks higher after Country Garden avoids default
NANJING, CHINA - AUGUST 18, 2023 - Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via…
Biden administration says millions enrolled in new plan as student-loan payments resume
With about a month left before borrowers start receiving their first student-loan bill in years, roughly 4 million are enrolled in a new repayment plan the Biden…
North Korean hackers have allegedly stolen hundreds of millions in crypto to fund nuclear programs
The FBI claims North Korea-linked hackers were behind a $100 million crypto heist on the so-called Horizon bridge in 2022.Budrul Chukrut | Sopa Images | Lightrocket | Getty…
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not "death to equities," BofA Securities' Savita Subramanian told CNBC's "Fast Money" on Tuesday.In fact, Subramanian sees the bond move as a…
This is now how much it costs the average car owner every month to own and operate a vehicle
The average car owner spent $12,182 to drive last year, according to a new study from AAA. That figure — $1,015 a month – is a sharp increase over 2022’s…
Stocks making the biggest moves midday: Halliburton, Warner Bros. Discovery, Oracle and more
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesOccidental Petroleum,…