Hunter Horsley, CEO of Bitwise Asset Management and executives celebrate the launch of an ETF at the New York Stock Exchange, June 1, 2021. Source: NYSE Henry Kravis, Stanley Druckenmiller and Bridgewater CEO David McCormick have invested in Bitwise Asset Management’s Series B funding. The cryptocurrency index fund manager raised $70 million from a handful
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maybefalse | E+ | Getty Images You probably can come up with many things you’d rather do than spend time planning for your own death. However, there’s part of creating an estate plan that experts say deserves thoughtful consideration: choosing the individuals who will carry out the wishes in your will and who will make
CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, Diana Olick breaks down how lumber costs are weighing on homebuilders’ confidence levels. Plus, CNBC.com’s Natalie Zhang explains why teens are benefiting from widespread job openings and higher wages. Also on today’s show. Homebuilder sentiment drops to 10-month low, as construction
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
In this article SUN Taking out a loan isn’t always the best option when you need cash. But if you find yourself in a bind, there are a few guidelines you should follow to make sure you get the best deal. Your first step when thinking about borrowing money to pay bills should always
The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Embattled electric truck company Lordstown Motors has enough funding to operate through May 2022 and remains on track to begin limited production of its
In this article DKNG XOM VRM New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Sage Therapeutics — Shares of the drug maker fell about 17% after the release of study results for its
MacKenzie Scott knows that by virtue of being one of the richest people alive, she can command attention. She also doesn’t believe wealth should be a reason for attention. So the former wife of Amazon boss Jeff Bezos is using her megaphone to dismantle the system that has put her on a pedestal. It’s tricky
CNBC’s Jim Cramer on Tuesday warned about the stock market implications of Federal Reserve Chairman Jerome Powell‘s upcoming post-meeting news conference. The Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments
Ariel Skelley | DigitalVision | Getty Many consider 529 college savings plans to be for education, but these accounts also offer a flexible way to transfer wealth. There’s currently an estate tax exemption of $11.7 million per person. Although President Joe Biden campaigned on slashing the write-off to $3.5 million, it hasn’t been part of
Zoom In IconArrows pointing outwards For months, renter Sabrina Floyd waited with to hear if she and her family were approved for help from the Clark County rental assistance program in Las Vegas. She’d often ask her caseworker for updates, and would get the same reply: “Thank you for your continued patience during these hard
These 5 stocks have momentum and great earnings track records. Will they keep rallying?
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
In this article F FORD Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford Bronco SUVs are rolling off a Michigan assembly line and shipping to dealers for the first time in roughly 25 years, marking a new beginning for what’s expected to be a
CryptoPunks — one of the most popular non-fungible tokens — displayed in Times Square on May 12, 2021. Alexi Rosenfeld | Getty Images Has the NFT bubble already burst? Non-fungible tokens took the art world by storm earlier this year. NFTs are a type of digital asset designed to show someone has ownership of a
Billionaire venture capitalist and bitcoin investor Tim Draper is sticking by his prediction that bitcoin will reach $250,000 by the end of 2022 or early 2023 despite the cryptocurrency’s wild swings in value and the turmoil around its environmentally unfriendly energy usage. “I think I’m going to be right on this one,” Draper tells CNBC
A conceptual rendering of the two ESCAPADE spacecraft in orbit around Mars. Rocket Lab Rocket Lab, which is nearing the close of its SPAC deal to go public, on Tuesday announced it won an early contract that may send two of its Photon spacecraft on a mission to Mars in 2024. NASA, under its Small
shapecharge | E+ | Getty Images For workers who lose track of their 401(k) savings accounts, help may be on the way. Proposed retirement legislation that’s pending in Congress would create an online “lost and found” database to help locate those accounts, among a variety of other provisions. While lawmakers are in the early stages
As spending priorities are dividing lawmakers trying to negotiate among the various federal infrastructure plans, less time is being spent on the funding of one of the key components—our highways, both current and future taxes and fees. One of the current taxes, a federal excise tax on heavy commercial vehicles and trailers, is an important