Musk says Twitter to launch ‘Verified’ service next week with a ‘gold check’ for companies

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Twitter account displayed on a phone screen and Twitter logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on November 22, 2022. Jakub Porzycki | Nurphoto | Getty Images Elon Musk said in a…

Warren Buffett explains his $750 million charitable donation on Thanksgiving eve

Warren Buffett Gerard Miller | CNBC Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary investor said the timing was no coincidence as this is his way of giving thanks to his children for their charitable work. “I’ve got a personal pride…

Op-ed: Cryptocurrency isn’t a smart investment — and hasn’t been for a while

Boonchai Wedmakawand | Moment | Getty Images The collapse of FTX, one of the world’s largest crypto exchanges, has rippled through the world of digital currencies. Once valued at $32 billion, FTX filed for bankruptcy protection and founder Sam Bankman-Fried resigned as its CEO after reports alleged that the company had loaned billions of dollars…

Inflation boosts U.S. household spending by $433 a month, on average, Moody’s finds

People shop at a grocery store on June 10, 2022 in New York City. Spencer Platt | Getty Images The average American household is spending $433 more a month to buy the same goods and services it did a year ago, according to a Moody’s Analytics analysis of October inflation data. While down slightly from…

Don’t bank on free returns: 60% of retailers roll out stricter policies

The holiday shopping season is always closely followed by a spike in gift returning. But this year, it may be harder to bring things back for free or at a low cost. Roughly 60% of retailers said they’re making changes to existing returns policies, with fewer promising free returns, according to a recent survey of…

3 lesser-known ways to trim your 2022 tax bill or boost your refund before year-end

Charles Taylor | Getty Images After nearly a year of high inflation, rising interest rates and stock market volatility, it’s easy to see why many Americans are cutting back on holiday gifts. While it may not feel like a top priority, experts say trimming your 2022 tax bill may boost your finances going into the…

Potential News Corp, Fox reunion faces opposition from large shareholder

In this article FOX NWS Follow your favorite stocksCREATE FREE ACCOUNT Rupert Murdoch, Chief Executive Officer of News Corp. Getty Images Rupert Murdoch’s proposed plan to reunite News Corp and Fox is facing opposition from one of the largest shareholders in both companies, Independent Franchise Partners.  The London-based firm believes other alternatives, such as a…

Klarna CEO says firm was ‘lucky’ to cut jobs when it did, targets profitability in 2023

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images HELSINKI, Finland — Klarna will become profitable again by next year after making deep cuts to its workforce, CEO Sebastian Siemiatkowski told CNBC. Klarna lost more than $580 million in the…

Superyacht rentals, private jets and a soccer-themed hotel: Dubai is cashing in on the Qatar World Cup

A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty Images DUBAI,…

Black Friday car deals are hard to come by even as prices ease. Here’s what to expect

Newsday Llc | Newsday | Getty Images There was a time when Black Friday in the car-selling business meant a flurry of big sales events at dealerships whose lots were full of new vehicles. These days, with inventory still squeezed from supply chain disruptions, discounts are not as generous as they once were. And most…

Disney CEO Bob Iger to hold town hall with employees on Monday

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Drew Angerer | Getty Images News | Getty Images Disney Chief Executive Bob Iger will speak to employees at 9 a.m. PT Monday in a town hall, marking his return to the company. Iger said in a memo to employees he will discuss the future…