Shaquille O’Neal wants to make one thing clear: He doesn’t believe in crypto, if he ever did. That’s after being named in a class-action lawsuit against now-bankrupt cryptocurrency exchange FTX last month, for promoting the company in a June commercial. In an interview with CNBC Make It this week, the …

Military vehicles carrying DF-5B intercontinental ballistic missiles participate in a military parade at Tiananmen Square in Beijing on October 1, 2019, to mark the 70th anniversary of the founding of the Peoples Republic of China. Greg Baker | AFP | Getty Images The Biden administration said Thursday it was “severely” …

Retail sales slumped on Thursday even though the latest data on consumer prices earlier this week showed a cooling. Walmart CEO Doug McMillon says the retail giant is managing for inflation and a slowdown in consumer demand that extends into 2023, and the economic conditions are changing what shoppers will …

U.S. Rep. Rep. Jim Jordan (R-OH), ranking Republican on the House Judiciary Committee, discusses the investigation into the Biden family’s business dealings, as he faces reporters with other House Republicans during a news conference at the U.S. Capitol in Washington, November 17, 2022. Evelyn Hockstein | Reuters Rep. Jim Jordan, …

Tommaso79 | Istock | Getty Images If you’ve opted into your company’s group disability insurance plan, you may assume there’s sufficient income protection if you can’t work due to illness or injury. But experts say your workplace coverage may not be enough.   John Ryan, founder and CEO of Ryan Insurance …

When it comes to building wealth, Americans say one thing and do another. When asked the best way to build personal wealth, 23% of adults said investing in real estate, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive. That makes it the most popular …

American airlines planes are seen at San Francisco International Airport (SFO) in San Francisco, California, United States on September 15, 2022. Tayfun Toskun | Anadolu Agency | Getty Images Members of American Airlines‘ loyalty program will have to spend more to earn elite status next year, part of a slew …

Binance chief executive Changpeng “CZ” Zhao dismissed concerns that his company could have $2.1 billion clawed back as a result of FTX’s bankruptcy proceedings, in an appearance on Squawk Box Thursday morning, and told CNBC that he trusted his lawyers to handle the proceedings. CNBC’S Andrew Ross Sorkin and Becky …

After more than three decades, “The Phantom of the Opera” is getting ready to hang up its mask on Broadway. The Andrew Lloyd Webber musical has played to over 145 million people worldwide in 41 countries, 183 cities, and in 17 languages — and it has received 70 major theater …

President of the European Central Bank Christine Lagarde attends a hearing of the Committee on Economic and Monetary Affairs in the European Parliament on November 28, 2022 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images The European Central Bank opted for a smaller rate hike at …