Day: October 15, 2024
I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
Anton Wormann, 32, moved to Japan in October 2018. Courtesy of Anton Wormann Anton Wormann, 32, has always had a passion for DIY projects and creating beautiful spaces. So, after he discovered that his neighbor’s property had been abandoned, he decided to purchase it and bring it back to life. Upon inspection, Wormann discovered that […]
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Rates won’t be cut at an aggressive pace — here’s how to position, according to strategists
U.S. interest rate cuts are unlikely to move at an aggressive pace, say market watchers. The Fed kicked off its easing cycle with a jumbo 50 basis-point rate cut in September — but subsequent ones will be milder, they said. They highlighted the better-than-expected September jobs report, renewed worries around inflation, rising yields and an […]
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We developed ‘best in class’ enterprise travel expense solution, says Brex CEO on Navan partnership
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Ariel Cohen, Navan CEO and Pedro Franceschi, Brex CEO, join ‘Closing Bell Overtime’ to talk new partnership for corporate travel expenses. 04:25 a few seconds ago Source
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Stock futures are little changed after S&P 500 slips from record highs: Live updates
Stock futures were calm on Tuesday evening as Wall Street looks to see whether equities can be rebound to record highs this week. Futures tied to the S&P 500 were down 0.1%. Nasdaq 100 futures ticked lower by 0.1%, while Dow Jones Industrial Average futures shed just 37 points. The Dow and S&P 500 both […]
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Election prediction markets are in a sprint to prove themselves as forecasting and investing tools
Traders, gamblers and politicos now have new tools to express their views this election cycle in the form of event contracts, but the new markets still need to win over Wall Street power players and the legal system to become investment stars. Kalshi and Interactive Brokers launched presidential election contracts this month on their nascent […]
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United Airlines plans $1.5 billion share buyback, forecasts fourth-quarter earnings above estimates
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong […]
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Healthy Returns: Covering weight loss drugs could cost Medicare $35 billion through 2034
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Good afternoon and happy […]
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Why a ‘no landing’ scenario may take place after all
The U.S. economy may not experience a “soft landing” after all. A soft landing occurs when economic growth slows just enough to bring down inflation below the Federal Reserve’s 2% target without tipping the economy into a recession. Many on the Street expect this to be the case, as the central bank starts to lower […]
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Tom Brady becomes part owner of the NFL’s Las Vegas Raiders after unanimous vote
Las Vegas Raiders owner Mark Davis walks off the field with former NFL quarterback Tom Brady before the preseason game between the Dallas Cowboys and the Las Vegas Raiders at AT&T Stadium in Arlington, Texas, on Aug. 26, 2023. Matthew Pearce | Icon Sportswire | Getty Images National Football League owners approved Tom Brady as […]
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Health care fraudster Philip Esformes is latest Trump clemency recipient to be arrested
Philip Esformes booking photo by Miami-Dade County Corrections and Rehabilitation Source: Miami-Dade County Corrections and Rehabilitation Philip Esformes, whose 20-year prison sentence for a massive, $1.3 billion Medicare fraud scheme was commuted in 2020 by then-President Donald Trump, was arrested over the weekend in Florida on domestic-violence related charges. Esformes is at least the seventh […]
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