Month: February 2025
Meet the new top lawyers for the wealthy’s most complicated divorces
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Last week, Dan Rottenstreich’s law firm got an unusual case. A woman came to the firm asking for representation in her […]
Read More
U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%
A hiring sign is displayed in the window of a Chipotle on August 22, 2024 in Alexandria, Virginia. Anna Rose Layden | Getty Images Job creation was weaker than expected in January, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose by a seasonally adjusted 143,000 for the month, down from an upwardly revised […]
Read More
Stocks making the biggest moves premarket: Pinterest, Amazon, Take-Two Interactive, Tesla and more
Check out the companies making headlines before the bell. Affirm Holdings — Shares of the payment company popped 14% after Affirm exceeded earnings and revenue expectations for the fiscal second quarter . Affirm, which provides buy now, pay later loans, reported $866 million in revenue for the period, while analysts polled by LSEG expected $807 […]
Read More
As the war on DEI intensifies, some companies hold the line while others work behind the scenes
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back […]
Read More
NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat
Katie Austin normally publishes fitness content to her Instagram and YouTube channel. But this week, she’s been posting a steady trickle of content from New Orleans. That’s because Austin, 31, from California, is one of hundreds of creators who have swarmed the Big Easy for Super Bowl 59, getting paid large contracts to make social […]
Read More
Stock futures are little changed as investors brace for big payrolls report: Live updates
Traders work on the floor of the New York Stock Exchange on Feb. 6, 2025. NYSE Stock futures were little changed early Friday as January’s big jobs report loomed. Futures tied to the Dow Jones Industrial Average gained 20 points or 0.04%. S&P 500 futures and Nasdaq 100 futures also traded near the flatline. Amazon […]
Read More
Britain orders Apple to give it access to encrypted accounts: Washington Post
People lined up outside of Apple Store on University Ave. in Palo Alto, California, United States on September 20, 2024 as Apple’s iPhone 16 sales officially begins. Tayfun Coskun | Anadolu | Getty Images The U.K. has ordered Apple to provide officials access to users’ encrypted accounts, the Washington Post reported Friday. Britain’s Home Office, […]
Read More
Tesla car sales in China fall 11.5% as competition intensifies
A Tesla showroom with its logo and electric vehicles on display, including the Model 3 and Model Y, is seen on January 12, 2025, in Chongqing, China. Cheng Xin | Getty Images Sales of Tesla‘s cars to China fell in January, as competition from domestic rivals continued to heat up. Tesla sold 63,238 units of […]
Read More
A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, […]
Read More
2-year Treasury yield rises ahead of key January jobs report
U.S. Treasury yields were trading in mixed territory on Friday, as investors awaited key January jobs data which will provide fresh insights into the state of the labor market. At 4:07 a.m. ET, the 10-year Treasury yield was down by less than one basis point to 4.436%. The 2-year Treasury yield was last at 4.2328% […]
Read More