The Federal Reserve’s top banking regulator will be stepping down next month, paving the way for President-elect Donald Trump to name a replacement and heading off a potential confrontation between the two. Michael Barr’s resignation from the position, which is formally called the vice chair for supervision, takes effect as of Feb. 28, though he…
File: Park City Mountain Resort in Park City, Utah. Denise Truscello | Wireimage | Getty Images Vail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations. The Park City Professional Ski Patrol Association, a union representing patrollers at the Utah mountain of the same name,…
In Munich, Bavaria, Upper Bavaria, Germany, on December 28, 2024, shoppers stroll along shopping streets during the festive season, taking advantage of the after-Christmas sales of the stores. Michael Nguyen | Nurphoto | Getty Images German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said in the first reading since the…
Prime Minister of Italy Giorgia Meloni on Nov. 20, 2024, in Buenos Aires, Argentina. Tomas Cuesta | Getty Images News | Getty Images Italian Prime Minister Giorgia Meloni made a surprise visit to Mar-a-Lago on Sunday, meeting incoming President Donald Trump for the second time since he won the U.S. election in November. During the…
Tesla CEO Elon Musk, Co-Chair of the newly announced Department of Government Efficiency (DOGE), arrives on Capitol Hill on December 05, 2024 in Washington, DC. Anna Moneymaker | Getty Images Elon Musk has questioned whether the United States should “liberate the people of Britain from their tyrannical government” after hitting out at top U.K. lawmakers….
Amit Yoran, CEO and chairman of Tenable H/O Tenable Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday. He was 54. Yoran’s passing was confirmed by Tenable in a Saturday press release. While the company said his death was unexpected, Yoran went on medical leave early last…
Tom Holland had the odds stacked up against him to land the coveted role of Spider-Man back in 2015. Marvel Studios conducted a worldwide search to find the actor who would portray its famous wall-crawling superhero. Holland reportedly beat out more than 1,500 competitors for the role, including current Hollywood superstar Timothée Chalamet. To get…
Marco Vdm | E+ | Getty Images If you’re ready to focus on retirement in 2025, early January could be the perfect time to boost your 401(k) plan contributions, financial experts say. More than half of American workers feel they are behind on retirement savings, according to a Bankrate survey that polled 2,445 U.S. adults…
Sports betting company DraftKings’ logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images DraftKings is upping the ante. The sportsbook is testing out a new subscription service called DraftKings Sportsbook+ designed to provide paying customers a boost in odds. The $20 per month subscription service launched quietly on Dec. 28…
CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting new economic data from the nonfarm payroll report and the latest purchasing managers’ index, as well as earnings from grocery giant Albertsons. “It’s a light week, but still impactful, accept that people will be on edge ahead of Friday’s employment report,” he…
