Economy

Elyse Burns enrolled in law school at Duke University in 2019, taking out federal student loans to cover the $63,000 in tuition plus her living expenses, she says. A law career seemed like the practical move, but before she graduated, she knew she wouldn’t work as a lawyer. “I feel like everybody knows you can […]

SpaceX Executives ring the Closing Bell at the Nasdaq on the debut of their IPO on June 12th, 2026. Adam Jeffery | CNBC Investors were hard pressed to find critical things to say about the SpaceX initial public offering on its first day of trading on the Nasdaq Friday. Despite a large retail allocation and […]

Pekic | E+ | Getty Images With a bit of strategy, federal student loan borrowers can lower their monthly bills on the U.S. Department of Education’s new repayment plancoming July 1. Under the Repayment Assistance Planor RAP, borrowers pay a higher percentage of their income as their earnings grow. That means that finding ways to […]

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) MOATS VS. MOONSHOTS The critical Buffett-Musk debate Newly minted trillionaireElon Musk knows a lot aboutrockets,electric carsandposting messages on social media. In 2018, however […]

Barbara Corcoran experienced every professional’s worst nightmare: She landed her dream job, only to have the offer rescinded.Before the first season of ABC’s “Shark Tank” aired in 2009, a producer’s secretary reached out to Corcoran and asked the real estate tycoon to be an investor on the show. She “signed the contract without looking at… […]

Signs explaining Federal Deposit Insurance Corporation (FDIC) and other banking policies on the counter of a bank in Westminster, Colorado November 3, 2009. Rick Wilking | ReutersIf there wasn’t enough banking jargon to blind you, it’s time to learn a new piece of it: Welcome to the industry’s era of the “criticized loan.”It’s a loan that’s… […]

Jeff Shell, CEO of NBCUniversal, walks to lunch at the Allen & Company Sun Valley Conference on July 07, 2022 in Sun Valley, Idaho.Kevin Dietsch | Getty ImagesJeff Shell left his role as NBCUniversal CEO on Sunday after he admitted an “inappropriate relationship” with a woman in the company, corporate parent Comcast announced.”Today is my… […]

A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023.Johnny Milano | Bloomberg | Getty ImagesBed Bath & Beyond on Sunday filed for Chapter 11 bankruptcy protection after it failed in several last-ditch efforts to raise enough money to keep the company alive.The beleaguered home… […]

Big bank earnings are behind us. After hearing from the nation’s biggest institutions over the past couple weeks, we can breath a sigh of relief: They were better than feared. Many investors were understandably worried about the banking sector heading into this first-quarter earnings season following the collapse of Silicon Valley Bank (SVB) and two… […]

SpaceX CEO Gwynne Shotwell and SpaceX executives ring the Opening Bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares soared on Fridaypropelling the rocket company’s valuation above $2 trillion, as trading commenced on the Nasdaq after a record-setting initial public offering. The Elon Musk-led space company’s stock jumped more than […]