Billionaire Mark Cuban is doubling down on bitcoin and says he even prefers investing in the digital asset over gold. The longtime cryptocurrency advocate said he hopes the price of bitcoin goes down further so he can buy more during a Dec. 26 episode of Bill Maher’s “Club Random” podcast. …

A trader works on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Every time the stock market has rallied off a low in 2022, it’s headed right back down again. High hopes among investors that the worst is in have turned into head fakes amid the …

The Hamptons dominate the rankings for the most expensive neighborhood in the Northeast, with Sagaponack, New York, taking the top spot. A beachside village that’s home to Drew Barrymore and Jimmy Fallon, Sagaponack is second only to Atherton, California for most expensive U.S. ZIP code in 2022, in terms of …

Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in late October to declare that his latest startup would help solve Americans’ broken relationship with their finances. “People …

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images Over a year after changing his company’s name to Meta …

Russia’s announcement of an oil export ban on countries that abide by a G-7 price cap is the latest sign that we’ve entered a new era for global energy markets, according to analysts. But they also note it’s unlikely to have a short-term impact on oil prices, with markets taking …

Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla gained 1.6% in the premarket in a volatile session, following a seven-day losing streak and declines in ten of the past eleven sessions. Baird reduced its price target on Tesla to $252 per share from $316, but …

The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. It was about which stock managed to escape the worst of the year’s selling pressure. After significant growth …

A screen displays the Fed rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion. Economies …

A queue of ambulances outside the Royal London Hospital emergency department on Nov. 24, 2022, in London. In the U.K., the number of “economically inactive” people — those neither working nor looking for a job — between the ages of 16 and 64 rose by more than 630,000 since 2019. …