A student student sits in a lecture hall while class is being dismissed at the University of Texas at Austin on Feb. 22, 2024 in Austin, Texas. Brandon Bell | Getty Images The Trump administration announced on Thursday that it will offer federal student loan borrowers who sign up for autopay a 1-percentage-point reduction on…
NBA Deputy Commissioner Mark Tatum speaks during the second round of the 2019 NBA Draft at the Barclays Center on June 20, 2019 in the Brooklyn borough of New York City. Sarah Stier | Getty Images The NBA plans to name winning bidders for 12 permanent European teams in the next 60 to 90 days,…
SpaceX shares have gained more than 30% since the aerospace and satellite communications company went public on Friday. Now, some people may be wondering whether they missed their chance to invest in the high-flying stock if they didn’t buy it at the IPO or its first few days of trading. Spoiler: They haven’t. In fact,…
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | 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…
Valentinrussanov | E+ | Getty Images Women tend to save more of their paycheck for retirement than men, but still trail them in 401(k) account values, new research shows. The average 401(k) balance among men in 2025 was $194,597, compared with $146,476 for women, according to Vanguard’s new 2026 How America Saves report, which looks…
A person shields themselves from the rain while walking near the Bank of England building on the day the Monetary Policy Committee lowered interest rates, in London, Britain, Dec.18, 2025. Toby Melville | Reuters The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address…
Abercrombie & Fitch‘s Hollister is branching out of its apparel roots and partnering with Target to start selling home and dorm decor for the first time as both brands look to new categories to drive growth. The collaboration, dubbed The Hollister Collection at Target, will launch online, in most Target stores and select Hollister locations…
New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. Eric Lee | Reuters The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting…
A view of a CarMax dealership on April 10, 2025, in Santa Rosa, California. Justin Sullivan | Getty Images Shares of CarMax fell roughly 8% during midday trading Wednesday after the company beat Wall Street’s quarterly earnings expectations and its new CEO detailed a high-level turnaround strategy for the company. Here’s how the company performed…
Chairman of the Federal Reserve Kevin Warsh delivers remarks after being sworn in during a swearing-in ceremony in the East Room of the White House on May 22, 2026 in Washington, DC. Roberto Schmidt | Getty Images The Federal Reserve held interest rates steady Wednesday, concluding the first meeting helmed by new Fed Chairman Kevin Warsh….