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Monthly Archives: June 2023

Self-made billionaire Austin Russell recommends dropping out of college

You don’t have to get a college degree to become highly successful. That’s according to Austin Russell, the world’s youngest self-made billionaire, who dropped out of Stanford University in 2012 to start his company, Luminar Technologies, after receiving a $100,000 grant from the Peter Thiel Fellowship.  CNBC Make It asked …

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FTC seeks to ban fake reviews with new proposed rule

FTC Chair Lina Khan speaks during a Senate Commerce, Science and Transportation Committee confirmation hearing in Washington, D.C., April 21, 2021. Graeme Jennings | Bloomberg | Getty Images The Federal Trade Commission on Friday proposed a new rule that seeks to ban fake online reviews, marking its most aggressive step …

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Nasdaq best first half in 40 years, powered by Apple, Nvidia and Meta

Apple CEO Tim Cook stands next to the new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Justin Sullivan | Getty Images The last time technology stocks had a better first half, Apple was touting its Lisa desktop computer, …

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Microsoft Activision showdown with FTC: Biggest takeaways

Microsoft CEO Satya Nadella arrives at the U.S. DIstrict Court for the Northern District of California in San Francisco on June 28, 2023. Philip Pacheco | Bloomberg | Getty Images Microsoft and its current major acquisition target, video game publisher Activision Blizzard, have wrapped up their five days in court …

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Goldman in talks to offload Apple Card to American Express: Source

Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a source told CNBC’s Leslie Picker. Goldman Sachs and Apple declined to comment. CNBC has also reached out to American Express. The talks come amid a broader retreat by Goldman from …

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Student loan forgiveness decision by Supreme Court to hit retailers

A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images By striking down student debt forgiveness Friday, the U.S. Supreme Court not only added a hefty expense back into millions of Americans’ budgets. It also created the …

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How the Supreme Court’s decision may affect student loan borrowers

A sign calling for student loan debt relief is seen outside the U.S. Supreme Court in Washington, D.C., on Feb. 28, 2023. Nathan Howard | Reuters If you’re one of the millions of Americans affected by the Supreme Court’s decision to strike down student loan forgiveness, financial advisors have tips …

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What Supreme Court student loan forgiveness ruling means for the economy

Seksan Mongkhonkhamsao | Moment | Getty Images The Supreme Court struck down the Biden administration’s student loan forgiveness plan on Friday. While the bombshell ruling will undoubtedly be a blow to borrowers who had hoped — perhaps even expected — they’d have up to $20,000 of their student debt erased, …

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16 Songs to Soundtrack Your Fourth of July Barbecue

Dear listeners, At last, the season of late sunsets, languid beach days and endless barbecues is upon us. This calls for a playlist. Today’s genre-crossing collection could definitely work as a soundtrack to your upcoming Fourth of July party, and there are a few references to Independence Day sprinkled here …

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Unique challenges to LGBTQ people’s finances

As Pride month comes to an end, businesses across the country — including financial institutions — will put their parade floats in storage and retire the rainbow-colored versions of their logos. But for millions of LGBTQ Americans and their families, there’s no going back to “business as usual.” The challenges …

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