World
NBA superstar LeBron James is officially a billionaire—here’s a look into his net worth
LeBron James won’t be playing in the NBA Finals this year, but he has still captured a new title: billionaire. The 37-year-old Los Angeles Lakers star has officially joined the three-comma club, according to Forbes, after earning another $121.2 million over the past year. He is the first-ever active NBA player to reach billionaire status. […]
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Queen Elizabeth II will miss Platinum Jubilee church service due to discomfort
Queen Elizabeth II stepped gingerly onto the Buckingham Palace balcony Thursday, drawing wild cheers from the tens of thousands who came to join her at the start of four days of celebrations of her 70 years on the throne. Her fans sported Union Jack flags, party hats or plastic tiaras. Some had camped overnight in […]
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Winklevoss twins’ Gemini cutting 10% of its staff, saying ‘crypto winter’ is here
Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co. on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Billionaire bitcoiners Cameron and Tyler Winklevoss are laying off 10% of the […]
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Find stability in this turbulent market – and a cash payout – with these stocks
Markets have logged wild swings in recent weeks and the new month kicked off Wednesday in similar fashion. But even in an unpredictable market, several companies are well-positioned to offer a good dividend payout and low volatility. Stocks are grappling with a murky start to the year as the Federal Reserve hikes rates and shrinks […]
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These defensive stocks can protect your portfolio from stagflation, Jefferies says
With “slight or modest” economic growth , inflation still at 40-year highs and a slowdown in hiring , the market could be heading for a period of stagflation, and investors should look to defensive stocks to protect their portfolios, according to Jefferies. Investors have been concerned that a recession may be on the horizon, though […]
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‘I work just 2 hours a day’: A 24-year-old who makes $8,000 a month in passive income shares her best business advice
Like millions of Americans, I found myself out of work during the pandemic. At first, I was laid off from my waitressing job. Then I began working for myself as an online fitness coach, but running the business required 10-hour workdays and I was only making $1,000 to $2,000 a month. So in July 2021, […]
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Thousands gather to salute Queen Elizabeth as Platinum Jubilee celebrations begin
Visitors walk along the Mall towards Buckingham Palace ahead of the Queen’s Platinum Jubilee celebrations in central London, UK, on Wednesday, June 1, 2022. The bank holiday to celebrate Queen Elizabeth IIs 70 years on the throne may tip the UK economy into contraction but growth into subsequent months will save it from a recession. […]
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WHO says Covid in North Korea is likely ‘getting worse, not better’
A poster depicts a disinfection worker in North Korea in this undated image released May 23, 2022 by the country’s Korean Central News Agency. KCNA | Reuters The World Health Organization has cast doubts on North Korea’s claims of progress in the fight against a Covid-19 outbreak, saying it believes the situation is getting worse, […]
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TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins, crypto exec says
Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, dropped to $0. The collapse of the algorithmic stablecoin TerraUSD has raised question about the future survival of similar crypto assets. Dan Kitwood | Getty Images News | Getty Images Algorithmic stablecoins like terraUSD, which collapsed and sent shockwaves through the cryptocurrency market, are unlikely to survive, […]
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His first task as Nokia CEO was to revive the company. Here are 5 lessons he learned in the process
Inmarsat CEO Rajeev Suri shares his career-defining lightbulb moment with CNBC’s “My Biggest Lessons.” Rajeev Suri had been a long-time Nokia veteran before he was tapped to become the Finnish telecommunications company’s CEO in 2014. However, the company he took the helm of was no longer at the top of its game. Nokia had lost […]
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