Economy

Travelers wait for an Uber ride-share vehicle at Los Angeles International Airport in Los Angeles on Feb. 8, 2023. Mario Tama | Getty Images Delta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its eight-year partnership with smaller ride-hailing rival Lyft . […]

Reviewing Tuesday’s market-wide decline, CNBC’s Jim Cramer attributed much of the pullback to investors’ worries about inflation in the run-up to new employment data as well as a lack of faith in the Federal Reserve’s decision-making. “We have too much inflation in the system. The Fed can’t do anything about it because it just cut […]

OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI CEO Sam Altman’s sister, Ann Altman, filed a lawsuit on Monday, alleging that her brother sexually abused her regularly between the years of 1997 and 2006. The […]

Investors eyeing up firms with the potential to become the “blue chip companies of the future” should look to India, according to GIB Asset Management’s Kunal Desai. The portfolio manager said India’s geopolitical positioning is “favorable in this Trump 2.0 era” as investors assess the country’s ability to take advantage of a possible trade war […]

Simpleimages | Moment | Getty Images Why your take-home pay could be higher If you’re starting 2025 with wages similar to your 2024 wages, your take-home pay — or compensation after taxes and benefit deductions — could be a little higher, depending on your withholdingsaccording to Long. “When all the tax brackets go up, but […]

Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled 7% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move follows a near 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies […]

Pictured here is the Grand Indonesia shopping mall in Jakarta on Friday, Jan. 5, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Huawei spinoff Honor announced Tuesday it plans to launch smartphone sales in Indonesia by the end of March, becoming the latest Chinese company to enter a market that has banned Apple’s iPhone […]

Mark Zuckerberg posing with UFC president Dana White during a UFC Fight Night event. Jeff Bottari | Ufc | Getty Images Dana White, CEO of the Ultimate Fighting Championship and a longtime friend of President-elect Donald Trumpis joining the board of Facebook parent Meta two weeks before the new Trump administration begins. Meta CEO Mark […]

CNBC’s Jim Cramer reviewed Monday’s market action and gave his take on why a large swath of stocks are notching losses, focusing on bruised sectors like consumer goods. “This is a market that rewards growth regardless of price,” he said. “So, people will pay up for tech growth, which is all about real demand and […]

Shoji Morimoto’s day job involves loaning himself out to strangers who seek someone’s company for almost anything at all. Lee Ying Shan When Shoji Morimoto was fired from his office job in 2018, his superior had criticized him for lacking initiative and “not doing anything” of value for the company. Joke’s on him, because Morimoto […]