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Gold prices keep rising, and jewelry companies are sounding the alarm
Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty.David Gray | Afp | Getty ImagesAmid global economic turbulence, the prices…
Verizon names former PayPal boss Dan Schulman as new CEO
Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.Adam Galacia | CNBCVerizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company's…
Tesla, GM lead record U.S. EV sales as federal incentives end
DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in…
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
GM Hummer EV production in Detroit.Photo by Jeffrey Sauger for General MotorsDETROIT — Shares of the Detroit automakers closed higher Friday following an afternoon report that President Donald Trump is considering "significant tariff…
The wealth of the top 1% reaches a record $52 trillion
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The top 10% of…
Ultra-wealthy millennials and Gen Zers to displace boomers by 2040
Young cheerful lady enjoying on poolside. Resting in spa hotel in pine forest in summertime. Swimming pool in tourist resort. Joyful woman on vacations, female wellbeing.Oleg Breslavtsev | Moment | Getty ImagesA version of this article…
Peloton revamps equipment, raises prices ahead of holidays
The entrance to the Peloton offices in Midtown Manhattan.Erik Mcgregor | Lightrocket | Getty ImagesPeloton on Wednesday said it's relaunching its product assortment, introducing a commercial equipment line and raising prices for both…
JPMorgan Chase blueprint to become first fully AI-powered megabank
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co. speaks during an event honoring local construction workers who helped build the firm’s new headquarters at 270 Park Avenue, in the Midtown area of New York…
“Gabby’s Dollhouse” movie brings kid content frenzy to the big screen
Laila Lockhart Kraner stars as Gabby in Universal and Dreamworks Animations' "Gabby's Dollhouse: The Movie."Universal | Dreamworks AnimationA young girl named Gabby, alongside her menagerie of animated cat friends, is making the leap…
Avoiding airplane collisions at airports could come down to alerts
ABOARD A HONEYWELL TEST PLANE — Aerospace giant Honeywell is building new cockpit alerts that developers say will give airline pilots more precious time to react to hazards at airports.Honeywell senior test pilot Capt. Kirk Vining late…