A look at how September is on average a -1% decline for the S&P 500.
In this article DIS 6758.T-JP (L-R) Richard Madden, Kumail Nanjiani, Lauren Ridloff, Salma Hayek, Lia McHugh, Don Lee, Angelina Jolie, and Barry Keoghan of ‘The Eternals’ took part today in the Walt Disney Studios presentation at Disney’s D23 EXPO 2019 in Anaheim, Calif. Jesse Grant | Getty Images Entertainment | Getty Images The rest of
Sotheby’s Art Auction: Mark Rothko’s #7 (L), and Andy Warhol’s Nine Marilyns (R). Courtesy: Sotheby’s After years of legal wrangling and Covid delays, the storied art collection of real estate tycoon Harry Macklowe and his ex-wife, Linda, is headed for auction at Sotheby’s, and could fetch more than $600 million. The collection, which includes prized
In this article CG (Click here to subscribe to the new Delivering Alpha newsletter.) Kewsong Lee is closing out one trip around the sun as sole CEO of The Carlyle Group. It was a unique year for the private equity firm — which oversees more than $270 billion in private assets — with the multitude of challenges
Sometimes an investment is too good to be true. As Elizabeth Holmes, founder and former CEO of Theranos, goes on trial on allegations of defrauding investors and patients, her health-care start-up may be a prime example. Nearly a decade ago, investors, including media mogul Rupert Murdoch, former Education Secretary Betsy DeVos and the Walton family
Money and mental health are connected. Financial problems can make you stressed, anxious or depressed, and those feelings, in turn, can have a big impact on your finances. In fact, anxious or stressed adults are more likely to engage in costly financial behaviors, including withdrawing cash from retirement accounts and borrowing from high-cost financial services
A day before the 20th anniversary of 9/11, veteran trader Art Cashin reflected Friday on the impact of the terrorist attacks on Wall Street, the country and him personally. Cashin, who has been an NYSE member since 1964, was in lower Manhattan on the morning of Sept. 11, 2001. He remained in the stock exchange
courtneyk | E+ | Getty Images The end of eviction protections combined with the snail-paced distribution of federal rental assistance means that the struggles for renters aren’t going away anytime soon. More than 6 million households remain behind on rent payments, a figure that has only worsened of late, despite an unprecedented allocation of funding
Alvin Kamara #41 of the New Orleans Saints runs the ball during a game against the Tennessee Titans at Nissan Stadium on December 22, 2019 in Nashville, Tennessee. Wesley Hitt | Getty Images National Football League running back Alvin Kamara has changed agents again. The New Orleans Saints star departed powerhouse agency Klutch Sports Group
Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020. Gabby Jones | Bloomberg | Getty Images Affirm reported better-than-expected fiscal fourth-quarter results after the bell on Thursday, including solid guidance and 71% revenue growth. The stock soared more
Since retiring from the NBA in 2011, Shaquille O’Neal has reportedly amassed a net worth of more than $400 million. But the Basketball Hall of Famer says he’s steering clear of one popular investing strategy: cryptocurrencies. “I don’t understand it,” O’Neal tells CNBC Make It. “So I will probably stay away from it until I
Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America CEO Brian Moynihan announced the most sweeping management overhaul of his 12-year tenure atop the giant financial institution. In a memo distributed to employees on Friday, Moynihan named