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Finance
Rent a car for a road trip, or drive your own? 5 things to consider
Patchareeporn Sakoolchai | Moment | Getty ImagesSummer is the season of road trips.A record 70.9 million Americans are expected to travel by car during the July Fourth holiday week alone, according to AAA.For some car owners, it might be…
One of the biggest bears in this bull market is leaving JPMorgan
JPMorgan's Marko Kolanovic.Crystal Mercedes | CNBCA top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm.Marko Kolanovic, who served as chief global markets strategist and co-head of…
‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO
One exchange-traded fund is betting on a U.S. manufacturing job resurgence.Tema ETFs CEO and founder Maurits Pot is behind the American Reshoring ETF (RSHO) that focuses on industrials."Some will call it deglobalization. We're in the…
Americans caught in fintech’s false FDIC promise
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11.Courtesy: Natasha CraftWhen Natasha Craft first got a Yotta banking account in 2021, she loved using it…
Ken Griffin says he’s not convinced AI will replace human jobs in near
Ken Griffin speaks to Citadel and Citadel Securities interns during a discussion moderated by Citadel software engineer, and former intern, Bharath Jaladi.Courtesy: CitadelKen Griffin, founder and CEO of Citadel, said he remains…
Chewy jumps after trader Roaring Kitty posts picture of cartoon dog
A photo illustration of the Chewy logo is seen on a smartphone and a PC screen.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesChewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture…
Growth, value stocks could see boost from Russell rebalancing
A bullish move may be ahead for both value and growth in the year's second half.VettaFi's Todd Rosenbluth thinks value stocks, which have been market laggards, could get a lift from one of the biggest Wall Street events of the year: the…
Buffett donates another $5.3 billion, says his children will run estate
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCWarren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway…
Apple Vision Pro starts deliveries at higher price in China than U.S.
The Apple Vision Pro mixed-reality headset is on sale at the Apple flagship store in Hangzhou, Zhejiang Province of China, on June 28, 2024.Vcg | Visual China Group | Getty ImagesHANGZHOU, China — Apple's mixed-reality headset began…
JPMorgan Chase says Fed stress test results contained an error
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C.Evelyn Hockstein |…