US Federal Reserve Chair Kevin Warsh testifies during a House Financial Services Committee hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC, on July 14, 2026. Brendan Smialowski | Afp | Getty Images He’s not quite at the level of obscurity of former Federal Reserve Chairman Alan Greenspan, but…
Momo Productions | Digitalvision | Getty Images A 65-year-old who retires in 2026 may spend an average of $185,500 on health and medical expenses in retirement, according to a new estimate from Fidelity Investments — a price tag that the research shows is unexpectedly high for many retirees. The figure is up 7.5% from estimates…
Fteri beach on Kefalonia, Greece. Miljko | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Yacht companies are offering discounts and special offers on charters in the…
U.S. President Donald Trump signs an executive order on researching the effects of psychedelic drugs in medical treatment for veterans, on Saturday, April 18, 2026 in the Oval Office at the White House in Washington, D.C. The Washington Post | The Washington Post | Getty Images President Donald Trump said generic drugs imported into the…
The Nike flagship store in Nanjing Road Walkway in Shanghai, Nov. 4, 2025. Cfoto | Future Publishing | Getty Images Nike is planning to cut off thousands of online distributors in China beginning in January as the sneaker giant looks to clean up what’s become a messy digital marketplace and get the region back to…
CHICAGO – MARCH 28: Traders in the Ten-Year Treasury Note options pit at the Chicago Board of Trade signal offers in a flurry of activity following the announcement by the Federal Open Market Committee that it was raising short term interest rates another .25 percent March 28, 2006 in Chicago, Illinois. Trading in the pit…
BlackRock, Carhartt, Ford Motor Company and Google have announced a new initiative to expand access to skilled workforce training in response to growing labor shortages. The companies’ Alliance for America’s Skilled Trades intends to work with labor unions and trade associations, invest in apprenticeship programs and raise awareness to promote pathways into the trades, according to…
Secretary of Health and Human Services Robert F. Kennedy, Jr., speaks during a press conference at the Health and Human Services headquarters in Washington, D.C., U.S., Feb. 23, 2026. Nathan Howard | Reuters Health and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is “under control.” “We’ve…
JPMorgan Chase CEO Jamie Dimon said investors are underestimating the risks facing the global economy and that he wouldn’t buy either equities or long-dated U.S. Treasurys at their current prices. In an hourlong interview with Wilfred Frost released late Monday, Dimon said markets aren’t fully accounting for a growing list of geopolitical and fiscal threats….
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, on April 4, 2025. Timothy A. Clary | Afp | Getty Images Many investors remain enamored with the so-called “Mag 7” and the tech-led U.S. stock market. A history lesson may be in order so they don’t get…