Recreational cannabis was still illegal when Nancy Whiteman left her high-paying consulting job to cook edibles in Boulder, Colorado, in 2010. Four years later, the state legalized retail sales of marijuana, and Whiteman’s gamble paid off. The 64-year-old founder of edible cannabis company Wana is now one of the richest self-made women in the U.S.,
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In this article LEVI BLK Follow your favorite stocksCREATE FREE ACCOUNT Levi’s has run a worker savings program since 2015 but in recent years has participated in BlackRock’s initiative. Pictured, a Levi’s display at a Kohl’s in San Rafael, California. Justin Sullivan | Getty Images When new employees get hired at the Levi’s store in
damircudic | E+ | Getty Images The Federal Reserve is likely to temporarily pause its aggressive interest rate hikes when it meets next week, experts predict. But consumers may not see any relief. The central bank has raised interest rates 10 times since last year — the fastest pace of tightening since the early 1980s — only
In this article PL Follow your favorite stocksCREATE FREE ACCOUNT A satellite image captured by a SkySat shows the breached Kakhovka dam in Ukraine, June 6, 2023. Planet Shares of Planet fell after the satellite-imagery and data-analysis company cut its annual revenue guidance following when it reported first-quarter results Thursday. The company lowered its guidance
In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Shares of online used-car retailer Carvana surged Thursday after the company said its second-quarter results would likely come in ahead of
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Swiss authorities brokered the controversial emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) over the course of a weekend in March. Fabrice Coffrini | AFP | Getty Images UBS and the Swiss government announced Friday that they had signed
Traders work on the floor of the New York Stock Exchange. NYSE Millionaire investors are adding to their mountains of cash, betting on higher interest rates and weak stock markets in 2023, according to the CNBC Millionaire Survey. More than a third of millionaire investors, 34%, report keeping more of their money in cash, according
From self-service fast-food restaurant kiosks to smartphone delivery apps, there are more opportunities to tip for a wider range of services than ever before. But between the high cost of living and uncertain economy, cash-strapped consumers are starting to tip less — and resent tipping prompts even more. related investing news Markets are making a bet that inflation
In this article TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT TESLA logo on a charging station on May 26, 2023. Harry Langer | Defodi Images | Getty Images DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.
In this article CMTL GM MTN DOCU Follow your favorite stocksCREATE FREE ACCOUNT The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines after hours. DocuSign — DocuSign jumped 5.6% in extended trading after the electronic agreements firm
I’m standing in one of the “most expensive hotel rooms” in the world. Per square meter, that is. That’s according to Matthieu Ollier, manager of the Venice Simplon-Orient-Express, who said the train’s Grand Suites cost 24,000 euros ($25,850) for a one-night trip from Venice to London. That’s $2,000 per meter — if you can secure
The U.S. Supreme Court. Douglas Rissing | Istock | Getty Images Student loan borrowers anxious to know whether or not they’ll get their debt forgiven will likely get their answer within weeks. The Supreme Court heard oral arguments at the end of February for two of the legal challenges brought against President Joe Biden’s plan
A sign is posted in front of a home for sale in San Francisco, February 20, 2023. Justin Sullivan | Getty Images Even in a housing market that has slowed significantly due to rising mortgage rates, the supply of homes for sale is about half of what it was in 2019. The shortage is hitting
People walk in Central Park as smoke from wildfires in Canada cause hazy conditions in New York City on June 7, 2023. Timothy A. Clary | AFP | Getty Images Smoke from Canada wildfires is set to disrupt flights again Thursday after hundreds were delayed a day earlier due to decreased visibility, the Federal Aviation
NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading. GameStop — The meme stock tumbled nearly 18% after the company fired CEO Matthew Furlong and appointed Ryan Cohen as executive chairman, effective immediately. The company didn’t provide a reason for the termination. related investing news Wells Fargo says improving
Erin M. Collins, National Taxpayer Advocate Source: IRS LAS VEGAS — After a difficult three years for taxpayers, the IRS has made significant improvements. But there’s still work to do, according to the National Taxpayer Advocate Erin Collins. “This filing season has probably been as close to normal as possible,” she said, speaking at the
Simpleimages | Moment | Getty Images Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those allocations over the next 12 months, according to a new CNBC Millionaire Survey. But the average investor may not be wise to mirror the millionaires. Much would depend on
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In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Ryan Cohen from an appearance on CNBC. CNBC GameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as executive chairman effective immediately, the company said Wednesday. Shares of GameStop dropped more than 20% in extended trading after the video game retailer
Bank of China is one of the major state-owned banks in China. Pictured here is a branch in Shanghai on March 27, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow