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Coinbase jumps in November as FTX, Binance founders brace for prison

Brian Armstrong, CEO of Coinbase, slammed the U.S. Securities and Exchange Commission. He also said the cryptocurrency exchange is looking to invest more outside of the U.S. Carlos Jasso | Bloomberg | Getty Images In a month that saw two of the crypto industry’s leading figures headed on the path …

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How Vita Coco founder took on Coca-Cola, built billion-dollar company

This story is part of CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. Michael Kirban spent five years of his life painstakingly building his business from …

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Don’t make these common 401(k) plan mistakes

A higher cost of living and growing savings shortfall has many Americans worried about their retirement security. Those financial strains also make it harder for many workers to fund a retirement account.  To that point, 41% don’t contribute any money at all to a 401(k) or employer-sponsored plan, according to …

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What IBM retirement match change means for workers

Pedestrians walk in front of the IBM building in New York. Scott Mlyn | CNBC IBM, which decades ago helped lead the shift from defined benefit plans to defined contribution plans, recently told U.S. employees it will be scrapping its 401(k) match in favor of funding what it calls a …

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Nashville real estate boom sends prices up, builders scrambling

Detached houses on a large housing development on the western side of Nashville, Tennessee. Georgeclerk | Istock | Getty Images Nashville natives say they barely recognize the city’s skyline anymore, and they probably won’t anytime soon, as cranes still litter the picture. The Nashville building boom is in full effect …

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Pending home sales drop to record low

Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking this metric in 2001, meaning it’s even worse than readings during the financial crisis over a decade ago. Sales were …

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X CEO addresses Musk’s ‘go f— yourself’ comment to advertisers

Linda Yaccarino: CEO of X speaking with CNBC’s Sara Eisen on Aug. 10th, 2023. CNBC X CEO Linda Yaccarino addressed the explicit comments Elon Musk hurled at advertisers during what she called a “wide ranging” and “candid” interview with CNBC’s Andrew Ross Sorkin at the 2023 DealBook Summit in New York …

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Trump slams Jamie Dimon over Nikki Haley praise

Former President Donald Trump (L) and JP Morgan CEO Jamie Dimon. Reuters Former President Donald Trump on Thursday ripped Jamie Dimon as an “overrated Globalist” after the JPMorgan Chase CEO praised rival Republican Nikki Haley and urged business leaders to help her presidential bid. Dimon “is quietly pushing another non-MAGA …

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Meta Q3 threats report shows risk of China influence ahead of election

Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images In its latest quarterly report on adversarial threats, Meta said on Thursday that China is an increasing source of …

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CrowdStrike CEO says AI can help prevent ransomware attacks

CrowdStrike CEO George Kurtz told CNBC’s Jim Cramer that using artificial intelligence is important in fighting increasingly sophisticated ransomware attacks. “We can identify these pieces of ransomware without ever seeing them in the past. And that’s different than signature-based technologies that are out there today,” Kurtz said. “Right now, ransomware, …

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