President Donald Trump on Jan. 27, 2025 in Doral, Florida. Joe Raedle | Getty Images News | Getty Images President Donald Trump has repeatedly discussed imposing tariffs, both on the campaign trail and since taking office — and the first tranche, on goods from Canada, China and Mexico will take effect Feb. 1, the White
In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT After a year of declines, sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company’s brand CEOs. In its earnings call this week, LVMH reported that sales for its
From Billie Eilish and Sabrina Carpenter to Kendrick Lamar and SZA, 2025 promises to be another big year for live music events. That may also mean concertgoers will be shelling out more for their favorite shows. After rising steadily post-pandemic, admission to movies, theaters and concerts jumped 20% since 2021, according to the Bureau of Labor
Vgajic | E+ | Getty Images If you’re a renter, the market may be shifting in your favor. As of December, the median asking rent price in the U.S. was $1,695, down 0.5% — or $8 — from November, according to a new report by Realtor.com. The latest rent price is 1.1% lower — or
Updated for tax year 2024. If you recently got married or are thinking about tying the knot soon, it’s never too early to start thinking about the tax implications of marriage. Many times, getting married and filing jointly with your spouse can bring some nice tax advantages along with it. At a glance: Filing jointly
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT A view of emergency response looking from Arlington, Va., south of Ronald Reagan Washington National Airport, across the Potomac River toward the District of Columbia, Wednesday, Jan. 29, 2025. Alex Brandon | AP An American Airlines regional jet with 64 people aboard collided with a
Eaton investors worried that DeepSeek may torpedo the AI data center trade breathed a little easier Thursday, one day before the U.S. industrial company reports quarterly earnings. Shares of power management provider Eaton have stabilized since Monday’s more than 15% decline, reflecting a growing sentiment on Wall Street that the Chinese startup’s more efficient, lower-cost
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI is in talks to raise up to $40 billion in a funding round that would
A Louis Vuitton storefront in San Diego, California. Kevin Carter | Getty Images News | Getty Images The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector. The owner of brands including Louis Vuitton, Moët & Chandon and Hennessy posted
A “Do not cross” sign is illuminated at a crosswalk outside of U.S. Capitol building in Washington, US, November 10, 2024. Hannah Mckay | Reuters The Trump administration emailed more than 2 million federal workers this week, giving them the option to resign now and get pay and benefits through Sept. 30. Workers have until
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects only one rate cut for 2025 — two reductions at most — as the Federal Reserve patiently awaits incoming data to assess the state of the labor market and
Morehouse College President David Thomas speaks during Morehouse College’s graduation ceremony, before US President Joe Biden delivers his commencement address, in Atlanta, Georgia on May 19, 2024. Andrew Caballero-Reynolds | Afp | Getty Images David Thomas, the president of Morehouse College, said his office fielded a surge of calls this week from worried students and