Investing News

Mary Erdoes Adam Galica | CNBC JPMorgan Chase wants to take the sustainable-investing trend to the next level. To do that, the biggest U.S. bank by assets has agreed to buy OpenInvest, a San Francisco-based start-up backed by Andreessen Horowitz and founded by former Bridgewater Associates employees, CNBC has learned exclusively. It’s the third acquisition
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With so much cash thrown around in Silicon Valley, it’s not easy for an acquisition to cause a stir. Facebook’s (FB) acquisition of WhatsApp in 2014 did just that—surpassing Google’s $3.2 billion purchase of Nest Labs and Apple’s $3 billion Beats Electronics procurement—to become one of the largest tech buys of all time. WhatsApp, a text messaging
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What if losing a job, even temporarily, means you need rent relief? As states attempted to slow the spread of the coronavirus by imposing lockdowns or stay-at-home orders, paying the rent became more difficult. Even after many states lifted lockdowns, economically impacted renters have wondered what relief they can get to help pay the rent
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In this article RAD Rite Aid CEO Heyward Donigan told CNBC on Thursday she’s “cautiously optimistic” the U.S. would avoid another round of strict Covid restrictions despite the presence of the delta variant. “We all hope that enough people get vaccinated that we don’t have the variant become so significant that our markets shut down again,” Donigan
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Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. Egdar Su | Reuters MicroStrategy said Monday it owns more than 100,000 bitcoins after completing another purchase round, this time spending roughly $489 million on 13,005 tokens. Shares of the Virginia-based enterprise software company were down more than 6% in
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A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters GameStop shares climbed after the videogame retailer said it sold five million additional shares, raising $1.13 billion in capital to accelerate growth. The original Reddit favorite meme stock jumped 9% in premarket trading on Tuesday after the company announced the
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Whether you’re just opening your first bank account—or your first American bank account—or have had one for years, you may never have thought about why it makes sense to have a bank account. You just opened one. Now that there are alternatives for getting cash and paying bills, that question becomes more interesting. Given the
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Crypto investor Mike Novogratz told CNBC on Tuesday that bitcoin faces near-term uncertainty after falling below $30,000, but he maintained a long-term positive outlook. Bitcoin has struggled in the past two months, after notching an all-time high in April near $65,000. The weakness in recent days comes as reports indicated China took further steps to
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Millions of American workers save a portion of their earnings in employer-sponsored retirement plans such as a 401(k), 403(b), or 457. But there are several lesser-known plans that are designed for government and non-profit employees and for highly compensated executives. Below are five less-common retirement plans, the type of employees for which they are designed,
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CNBC’s Jim Cramer said Monday he’s offloaded most of his bitcoin holdings, expressing concerns around the recent crackdown on crypto mining by the Chinese government and bitcoin’s role in some ransomware attacks. “Sold almost all of my bitcoin. Don’t need it,” Cramer said on “Squawk on the Street,” more than two months after he first
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In an ideal world, you get to work in a palatial, heavenly setting while you pursue your professional dreams of being a chief financial officer (CFO), controller, investment banking executive, or a private equity partner. Saint Peter (better known as human resources) lets you pass through the pearly gates with ease during interviews and you
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