Investors should have at least 1% to 3% allocated to bitcoin in their portfolios, Morgan Creek Capital Management CEO Mark Yusko says.
Category: Finance News
‘Too few college-educated men’: A look at why many women undergo egg freezing, and the costs associated with it
This Women’s History Month, CNBC took a look at the various economic, emotional and social hurdles women face when undergoing the egg freezing process.
Key Fed inflation gauge rose 2.8% annually in February, as expected
The core personal consumption expenditures price index was expected to increase 0.3% in February.
Watch CNBC’s live coverage of Friday’s key inflation data
The Commerce Department on Friday will release the February reading for the personal consumption expenditures price index.
Huawei’s profit doubled in 2023 as smartphone, autos business picked up
Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings.
The wealth of the 1% just hit a record $44 trillion
Economists say the rising stock market is giving an added boost to consumer spending through what’s known as the “wealth effect.”
Stocks making the biggest moves midday: RH, Reddit, Estée Lauder, AMC and more
These are the stocks posting the largest moves midday.
The S&P 500 is about to wrap the quarter with a 10% gain. Resist the urge to time a pullback
After five-month epic runs like this, markets tend to be higher down the line.
Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model 3, as price wars heat up in China’s fiercely competitive electric car market.
Stocks making the biggest moves premarket: Walgreens Boots Alliance, Estee Lauder, RH and more
These are the stocks posting the largest moves in premarket trading.