Google and Alphabet Inc. CEO Sundar Pichai arrives at the federal courthouse in Washington, Monday, Oct. 30, 2023. Jose Luis Magana | AP Google on Monday called its star witness to testify in its defense against the U.S. government’s antitrust challenge of its search business: CEO Sundar Pichai. The testimony …
Read More »Most middle-income Americans still earning less than 3% on savings
Despite inflation concerns, most middle-income Americans still aren’t leveraging higher interest rates for savings. That’s according to a new Santander survey of roughly 2,200 middle-earning U.S. adults, conducted in early September. Some 64% of middle-income Americans are earning less than 3% on their primary savings account, the findings show. By …
Read More »Sam Bankman-Fried blames everyone but himself in day two of testimony
FTX founder Sam Bankman-Fried leaves US Federal Court in New York City on March 30, 2023. Kyle Mazza | Anadolu Agency | Getty Images FTX founder Sam Bankman-Fried resumed his testimony on Monday, and used his time on the stand to blame his former close friends and colleagues for the …
Read More »How sticker side hustle Invalid.jp went TikTok viral, became lucrative
When Jayson Siu’s car accessories side hustle first went viral, he was completely “unprepared.” It was October 2021, and a TikTok video about one of his products — an LED-lined rearview mirror — started racking up views. They turned into sales: $12,000 in a single day, Siu tells CNBC Make …
Read More »Credit scores hit an all-time high, despite rising debt
Credit scores rose as consumers took on more debt As higher prices weighed on most Americans’ financial standing, consumers, as a whole, have fallen deeper in debt, causing an increase in credit card balances and an uptick in missed payments. As of April, the average credit card utilization was 34%, up …
Read More »GM, UAW reach tentative agreement to end labor strike
DETROIT — The United Auto Workers and General Motors have agreed to a deal that will put an end to collective bargaining talks between the union and Detroit automakers following more than six weeks of targeted U.S. labor strikes, sources told CNBC. GM is the final Detroit automaker to reach a …
Read More »Evergrande shares at all-time low as court adjourns winding-up hearing
Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a …
Read More »How much you could save by increasing your credit score 100 points
With rising interest rates, having a good credit score is crucial to keeping costs down since it can save you hundreds of dollars in monthly debt expenses. But first, you need to understand how interest rates work. To tame inflation, the Federal Reserve has raised its effective federal funds rate …
Read More »Mark Cuban learned mantra about effort, practice from Dirk Nowitzki
Mark Cuban may have made his billions as an entrepreneur and investor — but he’s received some of his best advice from athletes. One of his favorite mantras comes from Basketball Hall of Famer Dirk Nowitzki, Cuban told GQ last month: “How you do anything is how you do everything.” …
Read More »Making six figures on JustAnswer as an antiques appraiser—how this 51-year-old does it
In 2012, Nora Curl, now 51, had been living in New York and working in the world of antiques for about a decade. But she realized she needed to move back to her native Pennsylvania to take care of her mother, who has a rare congenital disease. “I got back …
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