These days, it pays to have a diversified portfolio that goes beyond a “plain vanilla” 60/40, according to a new Morningstar report . The financial services firm’s portfolio of 11 different asset classes beat an allocation of 60% U.S. stocks and 40% high-quality U.S. bonds by 5 percentage points in 2025. It was the best…
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images BP‘s oil trading desk enjoyed “exceptional” performance during the first quarter, the energy giant said on Tuesday, thanks to a windfall from the surge in oil prices since the start…
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken co-CEO Arjun Sethi said Tuesday that the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC’s previous reporting on the matter. Sethi’s comments were made at the Semafor World Economy conference in Washington, D.C.,…
LAS VEGAS — Fresh off best picture, best actor and best director wins at the Oscars last month, Warner Bros. is presenting its upcoming slate to movie theater owners. The storied studio will take the main stage at Caesar’s Palace in Las Vegas Tuesday for the annual CinemaCon convention and trade show. But this year…
The Iowa Hawkeyes have been placed on probation for one year, will pay a self-imposed $25,000 fine and vacate four wins in 2023 as part of the resolution to an NCAA infractions case stemming from the recruitment of former quarterback Cade McNamara, the NCAA announced Tuesday. The NCAA found tampering violations occurred in 2022 when…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are powering higher for the second session in a row. The S & P 500 is extending this week’s gains to more than 2%. The…
The Brent crude oil price chart from the past week is displayed on a mobile screen in this photo illustration, as prices fluctuate amid escalating conflict involving Iran and concerns over global supply disruptions in Brussels, Belgium, on March 2, 2026. Jonathan Raa | Nurphoto | Getty Images India, even as it tilts towards the…
Lonna Drewes reacts during a press conference alleging U.S. Rep. Eric Swalwell (D-CA) sexually assaulted her alongside a photo of Drewes with Swalwell (R) on April 14, 2026 in Beverly Hills, California. Justin Sullivan | Getty Images A new accuser of Rep. Eric Swalwell on Tuesday tearfully accused that she believed the fallen Democratic lawmaker…
The rapper Offset was ambushed by a “large group” of people who tried to rob him outside a Florida casino last week when he was shot in the leg, the FBI said Tuesday. Federal investigators said that they are still searching for the suspects who assaulted Offset last Monday night outside of Seminole Hard Rock…
Javier Mascherano is out as Inter Miami’s coach, a stunning move that comes only four months after leading Lionel Messi’s club to the MLS Cup title. Mascherano, a former teammate of Messi at Barcelona and with Argentina’s national team before reuniting with him as coach, is leaving for personal reasons, the team said. Mascherano’s entire…
