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Chinese residents wearing raincoats and enjoying hotpot as thousands of people gather at a hotpot festival in southwest China’s Chongqing municipality on Oct. 31, 2009. STR | Afp | Getty Images Signs of recovery may be emerging in China’s luxury and consumer discretionary goods sectors, said an analyst from Bank …

NCAA basketball champion Angel Reese isn’t fast-tracking her college career, even if she had the option to go pro. The Louisiana State University sophomore, who won’t be WNBA draft-eligible until next year, says she’s enjoying her time in the NCAA. “I’m in no rush to go to the league,” Reese, …

It’s going to be tough for the Federal Reserve to beat inflation without declines in the auto and housing industries, CNBC’s Jim Cramer said on Tuesday. When the Fed raises interest rates, investors typically expect the housing, auto and retail industries to suffer. But that hasn’t been the case during …

Wall Street is wrong about the Federal Reserve’s interest rate path, according to former PIMCO chief economist Paul McCulley, Barring a surprise jump in inflation, he believes mounting economic pressures will convince the Fed to stop hiking interest rates next month. “It would be a pause and then a pivot …

AlphaSense CEO Jack Kokko AlphaSense Google’s hefty investment in artificial intelligence and the latest boom in generative AI doesn’t end with its homegrown products. Parent company Alphabet is also putting money to work in the startup world. Alphabet’s late-stage venture capital arm, CapitalG, told CNBC that it just led a …

Photo taken on March 13, 2023 shows the Colorado River near Hoover Dam on the Arizona-Nevada border, the United States. The Colorado River, the parched lifeline in U.S. southwest, which supplies water to some 40 million people in seven states, got a jolt in the arm from the 2022-23 winter …

Michael Jordan’s 1998 NBA Finals Game 2 Air Jordan 13s from ‘The Last Dance’ season were expected to sell for $2million to $4 million. Courtesy: Sotheby’s A pair of Michael Jordan’s shoes have become the most valuable sneakers ever to be sold at auction. Sotheby’s says the Nike Air Jordan …

FatCamera | E+ | Getty Images The federal tax deadline is one week away for most Americans, and if you can’t cover your balance by April 18, you may have options, tax experts say. Whether you file on time or request an extension, you need to pay taxes owed by …

The Social Security Administration office in Brownsville, Texas. Robert Daemmrich Photography Inc | Corbis Historical | Getty Images Long wait times for beneficiaries seeking help from the Social Security Administration have become more common since the onset of the Covid-19 pandemic, even prompting a congressional hearing in 2022 to address …

If you’ve ever filled out the Free Application for Student Aid (FAFSA) before, you’re probably familiar with the stress, confusion and possible tears that often come with it.  Hopefully, future students won’t feel your pain. The Department of Education (ED) is getting ready to release a new, streamlined FAFSA later …