Both Berkshire Hathaway CEO Warren Buffett and business mogul Kim Kardashian West are wildly successful in their own spheres. But the pair have another thing in common as well: They agree that the best investment they’ve ever made is in themselves. “Ultimately, there’s one investment that supersedes all others: Invest in yourself,” Buffett told Forbes. […]
Read moreTo meet Model 3 quotas, Tesla factory workers were provided free Red Bull to stay awake and instructed to walk through raw sewage to avoid interrupting production, according to a new Bloomberg Businessweek report. Reports of harsh conditions and intense pressure continue to emerge from the Fremont, California factory, which CNBC previously reported has suffered […]
Read moreCanaccord Genuity named Amazon king of the most revered tech stocks, while raising its price target on the e-commerce giant. “Amazon’s rapidly growing scale of investment is strengthening long-term competitive barriers, and this includes a robust outlook for Prime subscription growth,” Canaccord analysts Michael Graham and Austin Moldow wrote in a note Thursday. “We continue […]
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Currency, United States Finance
As Trump’s UK visit faces backlash, here are some of his most high-profile friends in the country
Trump can rest assured knowing that U.K. Prime Minister Theresa May will be counted among his allies in the U.K. The long-standing “special relationship” between America and Britain means the two share strong ties over a multitude of issues, including trade, defense and foreign policy. The prime minister has described the U.S. as a “good […]
Read moreIt would be hard to walk into to a major business and walk away with all its sensitive information. But sometimes that’s not the case when it comes to online networks. Q6 Cyber, a cybersecurity firm that specializes in monitoring the dark web, showed CNBC a forum post in Russian where the cybercriminal was offering […]
Read moreWall Street is buzzing over Broadcom’s befuddling strategy to acquire a low growth software company. On Wednesday after the market close Broadcom announced it had entered into an agreement to acquire software company CA Technologies for $18.9 billion. Raymond James told its clients it was surprised on the deal announcement and questioned the company’s rationale. […]
Read moreDespite a sluggish cryptocurrency market, stock trading app Robinhood is adding two new digital currencies to its platform. The company will add Litecoin and Bitcoin Cash to its no-fee app, which already lets users trade bitcoin and ethereum. “Since we launched Robinhood Crypto in February, our customers have voiced interest in buying and selling other […]
Read moreApple on Thursday updated some of its MacBook Pro computers. The biggest change is the upgrade to Intel’s latest eighth-generation processors, which now ship in the 15-inch and 13-inch MacBook Pro models. Apple says users should see up to a 70 percent performance boost on the 6-core 15-inch model and up to 2x the performance […]
Read moreCurrency, United States Finance
The UK government wants a 'new arrangement' for its banks after Brexit
The U.K. government has proposed to end one of the most-cheered privileges of the financial industry, according to a new document Thursday, as it tries to speed up negotiations to leave the European Union. In a white paper, the U.K. government proposed new trade arrangements with the EU to come into force when it leaves […]
Read moreU.S. consumer prices barely rose in June, but the underlying trend continued to point to a steady buildup of inflation pressures that could keep the Federal Reserve on a path of gradual interest rate increases. The Labor Department said on Thursday its Consumer Price Index edged up 0.1 percent as gasoline price increases moderated and […]
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