CNBC’s Jim Cramer on Tuesday told investors why he thinks now is a good time to invest in Disney, saying the entertainment giant’s stock is more valuable than its current price. “Disney reported an excellent quarter a couple weeks ago, but didn’t get any credit for it, mostly because management didn’t want to aggressively raise…
Former U.S. President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images A U.S. appeals court on Tuesday blocked the Biden administration’s student loan relief plan known as SAVE, a move that will likely lead to higher…
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday announced a share buyback of up to $2 billion as its annual pre-tax profit rose 6.5%, helped by the sale of its banking business…
Martin Barraud | Ojo Images | Getty Images As U.S. home equity climbs, owners are more likely to face capital gains taxes from selling property. But a lesser-known tax strategy could help shrink your bill, experts say. When selling your main home, there’s a special tax break that shields up to $250,000 of profits for…
Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021. Luke Sharrett | Bloomberg | Getty Images KFC is leaving Kentucky. The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, owner Yum Brands said Tuesday. About 100 KFC U.S. employees will be required to relocate…
CNBC’s Jim Cramer on Tuesday discussed what was on the forefront of the minds of CEOs, saying that he got the chance to speak with many when he attended the Super Bowl. “After talking to so many CEOs at the big game, I can give you a sense about what they cared about,” he said….
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a “modern-day” Berkshire Hathaway. The…
Traders on the floor of the New York Stock Exchange at the opening bell in New York City on Feb. 12, 2025. Angela Weiss | Afp | Getty Images Stock market investors enjoyed lofty annual returns over the past two years. However, 2025 may not offer a “three-peat,” investment analysts say. The S&P 500 stock…
Intel shares rallied nearly 11% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The Wall Street Journal reported that Broadcom may consider a play for the company’s chip design and marketing segment, citing people familiar with…
New York City Mayor Eric Adams speaks with members of the media as he arrives for an Adult Town Hall at Sunnyside Community Services Older Adult Center on Feb. 12, 2025 in the Queens borough of New York City. Michael M. Santiago | Getty Images A federal judge on Tuesday ordered embattled New York Mayor…
