Day: October 25, 2025
Trump names Michael Selig to chair CFTC; Selig cites crypto capital goal
The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images U.S. President Donald Trump has picked Michael Selig as the Commodity Futures Trading Commission’s chair, an administration official and Selig himself said on Saturday. Selig is chief counsel for the CFTC’s crypto task […]
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Trump’s $130 million mystery donor is Mellon heir: NYT
Timothy Mellon, seen outside an inspection train during a property tour in 1981. Exact date and location unknown. AP Photo A mystery donor whose $130 million is meant to pay U.S. military during the government shutdown is Timothy Mellon, an heir to a renowned Gilded Age family, The New York Times reported Saturday, citing two […]
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Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above […]
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‘VOO and chill:’ Why this popular investment strategy may be losing its appeal — even with stocks at all-time highs
Passive investing through exchange-traded funds may be losing its appeal. Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of his clients are no longer satisfied with buying popular ETFs tied to market indexes. “I think investors are looking beyond just the let’s call it the ‘VOO and chill approach’ where you just buy […]
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Early tallies suggest Catherine Connolly is leading candidate in Ireland’s presidential election
Irish presidential candidate Catherine Connolly, who is running as an independent in the Oct. 24 election, attends the Irish National Ploughing Championships in Screggan, Ireland, on Sept. 16, 2025. Clodagh Kilcoyne | Reuters Counting was underway Saturday for votes in Ireland’s presidential election, with early tallies suggesting a significant lead for left-wing independent Catherine Connolly. […]
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Olympic gold medalist: Don’t make this mistake if you want to raise successful, ‘internally motivated’ children
Don’t feel guilty if you can’t make it to your kids’ after-school sports practices, says two-time Olympic gold medalist Abby Wambach. Leaving your kids with their teammates and coaches — without your supervision — can make them more resilient, conscientious and internally motivated athletes, the former U.S. Women’s National Team soccer star said in an Oct. […]
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The 5 most common jobs in America’s most populous cities—and how much they pay
There are nearly 4 million health and personal care aides in the U.S. In fact, health and personal care aides were the most common job Americans held as of May 2024, earning an annual median salary of $34,000, according to a CNBC Make It analysis of the latest data available from the U.S. Bureau of […]
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AI spending is boosting the economy, but many businesses are in survival mode
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed […]
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One in three Manhattan condo owners lost money when they sold in the last year
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. More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although the top end of […]
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Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale
Company: Fluor Corp (FLR) Business: Fluor is a holding company that provides engineering, procurement, construction, fabrication and modularization, and project management services. The company’s segments include energy solutions, urban solutions and mission solutions. The energy solutions segment provides EPC services for traditional oil and gas markets, including the production and fuels, chemicals, LNG and power […]
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