World
‘Underconsumption core’ is in — and not a moment too soon, I say
Recently I posed this question to my teenage daughter: Aren’t we tired of influencers? “No,” she said. But despite my daughter’s opinion — she’s 16 — I know I’m not the only one fed up with the barrage of things I’m told to buy on social media. Which is why the rise of “underconsumptioncore” came […]
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U.S. expat who’s lived in Italy, France and more: If you want to move to Europe, here’s my best advice
Americans are taking scouting trips to see if they can handle moving to a new country. But finding a new home abroad isn’t as simple as going on vacation there. Take it from Alex Ingrim, who’s originally from Washington, but left the U.S. to study in France, where he met his now-wife, Louisa. Over the […]
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‘Never quit your job,’ says early retiree and self-made multimillionaire: Do this instead
Earlier this year, Sam Dogen quit his job. For most people, that wouldn’t be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out. For one, it was his first gig since 2012. Dogen, 47, has lived as a retired, stay-at-home dad since 2012, boosting his annual […]
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China’s slower growth hasn’t dragged down this consumer stock. Why it’s up 90% this year
In a summer of cool consumer spending, Chinese toy company Pop Mart alerted investors to double-digit growth in the first half of the year: it now expects revenue to rise by at least 55% and profits to grow 90% or more. Morgan Stanley and other investment firms raised their price targets on the Hong Kong-traded […]
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Tropical Storm Debby moving through Gulf toward Florida
A man fishes on the beach at the southern residential area in the Continental United States in the wake of Hurricane Michelle in Key West, Florida Nov. 5, 2001. That hurricane just brushed the Keys and South Florida after hitting Cuba. Marc Serota for Reuters A tropical depression strengthened into Tropical Storm Debby north of […]
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Venezuelans march over contested election, number of detained rises
Thousands of Venezuelans marched across the South American country on Saturday over its contested election, as President Nicolas Maduro told supporters some 2,000 people had been arrested during protests against the results. Venezuela’s electoral authority, blasted by critics as favoring the ruling socialists, proclaimed Maduro the winner in last Sunday’s vote, saying on Monday he […]
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Biden voices hope Iran will stand down but is uncertain
U.S. President Joe Biden delivers remarks to commemorate the 60th anniversary of the signing of the Civil Rights Act at the LBJ Presidential Library in Austin, Texas, U.S., July 29, 2024. Elizabeth Frantz | Reuters U.S. President Joe Biden expressed hope Iran would stand down despite its threat to avenge the assassination of Hamas’ leader […]
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Severe drought has returned to the Amazon. And it’s happening earlier than expected
Aerial view of a freighter navigating on the Amazon River. Ricardo Lima | Moment | Getty Images Holder of one-fifth of the world’s fresh water, the Amazon is beginning the dry season with many of its rivers already at critically low levels, prompting governments to anticipate contingency measures to address issues ranging from disrupted navigation to increasing […]
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Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed in its earnings filing that its holding in the iPhone […]
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Goldman names five stocks worth buying ahead of earnings, including this red-hot EV name
There are still plenty of opportunities to snap up attractive stocks ahead of their earnings reports, according to Goldman Sachs. The firm called out a slew of buy-rated names that have yet to post quarterly results, but have major upside. CNBC Pro combed through Goldman Sachs’ research to find the most well-positioned stocks heading into […]
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