Ermenegildo Zegna, Ermenegildo Zegna chairman and CEO, joins ‘Squawk on the Street’ to discuss what Zegna is telling investors about demand for luxury items, how the Asian consumer has performed, and how consumers are dressing.
Category: Finance News
At 99, billionaire Charlie Munger shared how to avoid major mistakes in life: Dodge ‘toxic people and toxic activities’
One of Charlie Munger’s final pieces of advice was to avoid toxic people, in both business and life.
Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021
Employment openings totaled 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday.
A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before doing it
A rollover may be the largest financial transaction a household ever makes. There are pros and cons to consider.
There’s now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks
BMO announced the launch of the Max SPX 500 4x leveraged ETNs, which will be the highest leveraged exchange traded products in the U.S., according to CFRA.
Stocks making the biggest moves premarket: GitLab, CVS Health, Take-Two Interactive & more
These are the stocks posting the largest moves in premarket trading.
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Wells Fargo CEO Charlie Scharf said low staff turnover means the company would likely book a large severance expense in the fourth quarter.
Making the grade in financial literacy: More states require students to take a personal finance course
Since 2013, there has been a nearly 700% increase in the number of states requiring students to take a personal finance course before high school graduation.
U.S. export controls need to ‘change constantly’ even if it’s tough for businesses, Secretary Raimondo says
U.S. Commerce Secretary Gina Raimondo told CNBC in an exclusive interview that more controls on tech exports to China will be coming, despite business concerns.
Fed needs to cut rates at least five times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the economy into a recession, according to a portfolio manager.