Month: August 2025
‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers
White House economic adviser Kevin Hassett speaks with reporters in the driveway outside the West Wing of the White House in Washington, DC, U.S., March 19, 2025. Kevin Lamarque | Reuters National Economic Council Director Kevin Hassett on Sunday defended President Donald Trump’s sudden decision to fire the Bureau of Labor Statistics commissioner, without citing […]
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OPEC+ makes another large oil output hike in market share push
Vadimrysev | Istock | Getty Images OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia. The move marks a full and early reversal of OPEC+’s largest […]
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I’ve studied over 200 kids—parents who are ‘really good’ at handling tantrums use 7 ‘calming’ phrases
Every parent knows what it’s like to face tantrums, meltdowns, and emotional outbursts. They can make everyday life feel impossible. But after years of studying over 200 parent-child relationships (and from practicing healthy habits with my own child), I’ve found that parents who are really good at handling tantrums use language that soothes, validates, and guides. They […]
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Stephen Curry says he doesn’t know his net worth—why that might be a good thing, financial pros say
Golden State Warriors star Stephen Curry has been the highest-paid NBA player for the past eight years. Next season, he’s set to earn his biggest salary yet: $59.6 million, according to ESPN. Curry also earns an estimated $100 million annually from endorsement deals with various companies, Forbes reports, including from his partnership with Under Armour, […]
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Expect the crypto rally to cool in August as new tariffs ratchet up macroeconomic concerns
Institutional adoption of cryptocurrencies has been trouncing the macroeconomic narrative as the main performance driver for the past two months. Now investors should look for a reversal of that dynamic over the coming month, however. Ether stole the spotlight from bitcoin in July, roaring ahead more than 49% in the month, but bitcoin still managed […]
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Earnings playbook: Disney and Advanced Micro Devices lead another busy week of reports
The busiest week of earnings has passed, but there are still dozens of key reports still to come that could shake up Wall Street. About 120 S & P 500 companies are scheduled to post their latest earnings. Among them are Disney , Advanced Micro Devices and Dow Jones Industrial Average member Pfizer . Those […]
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Top Wall Street analysts pick these 3 stocks for their growth potential
Jaque Silva | Nurphoto | Getty Images This earnings season, a number of companies are demonstrating their resilience by delivering solid performance despite macro challenges and tariff uncertainties. With their in-depth analysis, top Wall Street analysts can help investors pick stocks that can navigate short-term pressures with solid execution and focus on delivering attractive returns. […]
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The AI ‘algorithmic audit’ could be coming to hotel room checkout
Artificial intelligence can lead to surprises in all sorts of places where a bill once would have been considered settled. The use of AI by Hertz (and European car rental company Sixt) to scan for damage on cars, which is then charged to the customer, is a new application of the technology that is creeping […]
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New guide to wealth terminology aims to ‘counteract some of the BS’ for investors
Senior woman looking on cell phone at sidewalk cafe. Yuliya Taba | E+ | Getty Images 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. A leading advisory group to the wealth […]
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