Index investing pioneer Charley Ellis says what gave rise to the success of the index fund remains true today: “It’s virtually impossible to beat the market,” he told CNBC’s Bob Pisani on last Monday’s “ETF Edge.” But Ellis warns of another hurdle just as high as active management’s long-term underperformance that holds back many investors:…
U.S. President Donald Trump speaks, as he signs an executive order in the Oval Office, at the White House in Washington, D.C., U.S. Feb. 14, 2025. Nathan Howard | Reuters U.S. President Donald Trump’s hopes of securing access to Ukraine’s rare earth minerals hit a wall Saturday after President Volodymyr Zelenskyy rejected the bid on…
Associated Press White House reporter Darlene Superville and AP photographer Ben Curtis are told by a U.S. President Donald Trump administration member that they have been denied from joining the White House press pool in West Palm Beach, Florida, U.S., February 15, 2025. Kevin Lamarque | Reuters Reuters on Saturday objected to the restrictions placed…
Rebecca Smiley is proof that travel agents are making a comeback, and young people are driving demand. Smiley, 28, changed careers to become a travel advisor and is on track to book $1 million in trips for her clients this year, up from roughly $800,000 in 2024. Her trip bookings vary from $1,000 Vegas getaways…
Based on a lot of the recent dire headlines, many Americans may have come to think of Social Security as an asset that is going to disappear from their financial future rather than be part of it, but it may be a bigger factor in portfolio success than it gets credit for, according to investing…
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. NYSE DaVita, a company that provides dialysis services, saw shares tumbling Friday after issuing a weak outlook amid rising care costs, while big investor Berkshire Hathaway offloaded some shares in a preplanned agreement. The health-care stock fell more than 12% Friday….
U.S. President Donald Trump signs an executive order establishing the Energy Dominance Council led by Secretary of the Interior Doug Burgum in the Oval Office at the White House on February 14, 2025 in Washington, DC. President Trump signed a second executive order withholding federal funding from schools and universities that impose a COVID-19 vaccine…
The average National Basketball Association team is worth $4.66 billion, according to CNBC Sport’s official NBA valuations.
Prapass Pulsub | Moment | Getty Images If you have a tax bill or bigger than expected refund this season, it may be time to update your paycheck withholding, which can be tricky, experts say. Typically, there’s a refund when you overpay taxes throughout the year, and a tax bill when you don’t pay enough….
Shares of Roku surged 14% Friday, notching a new 52-week high, on earnings that beat Wall Street expectations. In an interview on CNBC’s “Squawk Box,” CEO Anthony Wood said more than half of U.S. broadband households now watch TV with Roku. Wood said the company added more than four million new streaming households during its…
