TreasuryDirect sold more than $27 billion in Series I bonds since Nov. 1. Now it’s getting a makeover

BySophie Tremblay

Zoom In IconArrows pointing outwards TreasuryDirect With record demand for Series I bonds, an inflation-protected and nearly risk-free asset, the U.S. Department of the Treasury has unveiled a front-end makeover for TreasuryDirect, the online platform investors use to buy assets. While the Treasury still plans future system upgrades, Tuesday’s revamp focuses on website navigation, more concise information and…

The job market’s ‘game of musical chairs’ may be slowing — but workers still have power, say economists

BySophie Tremblay

Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining power for now, according to labor economists. Job openings, a barometer of employers’ demand for workers, saw a near-record monthly decline in August. Openings fell by 1.1 million to 10.1 million, according to U.S. Department…

Streaming bundles are forming, but don’t expect a cable TV-like package any time soon

BySophie Tremblay

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streaming media, and it revolves around bundling. There’s a consistent drumbeat of expectation that streaming services will eventually all bundle…

The idea of Jeff Bezos ‘scared’ me away from trying to buy the Phoenix Suns, says Shaquille O’Neal

BySophie Tremblay

The idea of bidding against the second-richest person in the world is understandably intimidating, even if you’re legendary former NBA big man Shaquille O’Neal. O’Neal, a 7-foot-1 Hall of Famer, says Bezos’ massive net worth “scared” him away from his plans to make a bid for ownership of the NBA’s Phoenix Suns. “Nobody on this…

Thoma Bravo-backed workplace software firms merge as shift to hybrid work creates new opportunities

BySophie Tremblay

Pixelseffect | E+ | Getty Images Offices are busier now than they’ve been at any point since Covid first sent employees home in March 2020. But companies are still in the thick of adapting to a more distributed workforce, creating an opportunity for workplace technology companies like Condeco and iOffice + SpaceIQ. The two companies…

When investing in a company, CNBC’s No. 1 financial advisor agrees with Warren Buffett: ‘He likes cash flow’

BySophie Tremblay

George S. Farra (far left), co-founder and principal of Woodley Farra, and the team at Indianapolis-based financial advisory firm, which comes in at No. 1 on the CNBC FA 100 list for 2022. Portfolio manager George S. Farra is good at remembering his mistakes. More than a decade ago, he invested his clients in Hewlett-Packard,…

Here’s why protecting Social Security may be a consensus issue for key group of women voters in the midterm elections

BySophie Tremblay

A primary election voter enters a Tampa, Florida, polling place on Aug. 23, 2022. Octavio Jones | Getty Images Most women ages 50 and up plan to vote in this November’s midterm elections, but half of them have not decided which candidates they will vote for, a new AARP poll finds. One key issue they…

Stocks making the biggest moves midday: Twitter, Poshmark, Rivian and more

BySophie Tremblay

In this article F GM TSLA DAL AAL RIVN GILD TWTR Follow your favorite stocksCREATE FREE ACCOUNT Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday…

GM adds former Lyft and Tesla executive Jon McNeill as board member

BySophie Tremblay

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT…