A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Larry Ellison built the world’s second-largest fortune by holding on to his Oracle shares over nearly five decades of ups and downs. At the…
Kevin Durant #35 of the Phoenix Suns looks on during the second half against the Houston Rockets at PHX Arena on March 30, 2025 in Phoenix, Arizona. Chris Coduto | Getty Images NBA superstar Kevin Durant can’t find the password to his Coinbase account, which holds bitcoin that he began buying in earnest when he…
Dan Lanning has a fix he’d make to college football that he believes would “solve so many of the problems” that currently exist. End the season by New Year’s Day. In the most recent episode of “The Joel Klatt Show,” the Oregon head coach expressed his displeasure with how the postseason schedule currently works, believing…
My top 10 things to watch Thursday, Sept. 18 1. The S & P 500 was on track to open firmly higher this morning, on the heels of a volatile session yesterday after the Federal Reserve cut rates by a quarter point. Initial jobless claims dropped from last week. I’ll be talking about this moment…
David Tepper, founder and president of Appaloosa Management. Cameron Costa | CNBC Hedge fund billionaire David Tepper said the Federal Reserve could cut rates a bit more, but then risks more inflation and other dangers to the economy and markets if the central bank goes further than that. In other words, be careful what you wish…
PHILADELPHIA — Anthony Roth Costanzo, the man who brought $11 opera tickets to Philadelphia, hopes to keep surprising audiences during the company’s new season. “It is very much opera. It’s dramatic, it’s cathartic, it’s collaborative in interdisciplinary ways,” Costanzo said of Opera Philadelphia’s 50th anniversary season — the first he’s been able to plan since…
Check out the best moments between the Chicago Cubs and Pittsburgh Pirates. <
Nike shares will do well as the athletic apparel brand refreshes its product offerings and organizational structure, RBC told clients on Thursday. The bank upgraded Nike to outperform from sector perform. It raised the stock’s price target to $90 from $76, implying 24% upside. RBC pointed to Nike CEO Elliott Hill’s overhaul this year of…
Deliveroo CEO Will Shu. Aurelien Morissard | IP3 | Getty Images LONDON — Deliveroo CEO Will Shu is set to step down from the food delivery company he co-founded over a decade ago. Shu, who established Deliveroo in 2013 with childhood friend Greg Orlowski, said Thursday that he will step down as CEO after its…
American Express platinum business card. Courtesy: American Express American Express on Thursday unveiled updates to its flagship credit card amid heightened industry competition over the country’s high spenders. The company said that consumer and business versions of its refreshed Platinum card now carry an $895 annual fee, about 29% higher than the current fee of…
