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Tesla recalls more than 80,000 cars in China over software, seatbelt issues

Tesla is recalling more than 80,000 cars in China. Investors will be watching to see if there will be any reputational damaged to the U.S. giant. Future Publishing | Future Publishing | Getty Images Tesla is recalling more than 80,000 cars in China over software and seatbelt issues, the Chinese …

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How much a gallon of gas costs in every U.S. state

Travelers get a bit of break over the Thanksgiving holiday, since gas prices dropped by 16 cents in the past week, bringing the average price of a gallon in the U.S. to $3.61.   That’s well below the summer peak of over $5 for a regular gallon of gas, although as …

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‘Avatar’ dir. James Cameron calls ‘difficult’ films ‘a magnet for me’

When it comes to blockbuster directors few are bigger than James Cameron, whose films have grossed more than $6 billion at the worldwide box office. On top of hits like “Terminator 2: Judgment Day” and “Aliens”, Cameron’s filmography also includes “Titanic”, which for years was the highest-grossing film of all …

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The most and least expensive states to own a dog

Watching the National Dog Show with your family on Thanksgiving Day may tempt you to bring home a new furry friend if you don’t have one (or enough) already.  Loving a dog may not cost you anything, but feeding, entertaining, accessorizing and taking your dog to the vet can add …

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Bundesbank sees property market slowdown but not a correction ahead

Germany’s central bank is predicting a slowdown but no significant correction in the country’s property market despite warnings of overvaluation, according to a report published Thursday. Claudia Buch, vice president of the Bundesbank, told CNBC’s Joumanna Bercetche: “We do see a slowdown in the price growth for residential real estate, …

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Tougher times are likely ahead for the markets, and investors must be courageous

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2022.  Brendan Mcdermid | Reuters It’s a wonderful time of year and a very strange time for the markets and the economy. As we await the most anticipated recession in history, …

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Trump blasts Supreme Court over tax return ruling favoring Congress

Former President Donald Trump stands on the 18th green during the Pro-Am tournament before the LIV Golf series at Trump National Doral, Oct. 27, 2022. Jasen Vinlove | USA Today Sports | Reuters Former President Donald Trump lashed out Wednesday at the Supreme Court — three of whose justices he …

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Here’s why you may get Form 1099-K for third-party payments in 2022

The IRS on Tuesday shared tips for the upcoming tax season — including a reminder about the new $600 threshold for receiving Form 1099-K for third-party payments. The change applies to payments from third-party networks, such as Venmo or PayPal, for transactions such as part-time work, side jobs or selling …

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Here’s the apology letter Sam Bankman-Fried sent to FTX employees

Sam Bankman-Fried, co-founder and CEO of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty Images FTX’s ex-CEO Sam Bankman-Fried blamed his “irrational decisions” on “sh—y” circumstances in a letter obtained by CNBC that was sent to employees of the bankrupt crypto exchange. …

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With unions aligned, rail strike, emergency planning timeline is clear

The alignment of the four unions that have voted not to ratify a labor deal has provided a clear timeline for strike prep plans among the freight railroads and with sensitive cargo including chemicals. The Brotherhood of Railroad Signalmen (BRS) announced Tuesday it is extending its status quo period through …

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