Porsche recently introduced the first-ever production hybrid version of its renowned 911 sports car – the 2025 911 Carrera GTS. This new model comes with a starting price of $164,900, marking a significant shift in the direction of the iconic German sports car. With the automotive industry’s increasing emphasis on electrified vehicles and stricter fuel
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As buy now, pay later programs become more common, some shoppers are using this payment structure to make ends meet. Americans owe $17.5 trillion across credit cards, mortgages, auto loans and other forms of debt, according to the Federal Reserve Bank of New York. About $1.12 trillion of that is on credit cards. Buy now,
The recent updates from the CNBC Investing Club with Jim Cramer provided insights into the current market trends and sentiments. The recap highlighted the record-breaking performance of the Nasdaq, driven primarily by the gains in Nvidia shares. While the surge in Nvidia’s stock price was noted as a significant factor, it also raised concerns about
In recent years, there has been a shift in the way consumers make payments. While cash was once the preferred method of payment, more people are now using credit cards for their transactions. According to the Federal Reserve, cash payments have decreased from 31% in 2016 to 18% in 2022, while credit card transactions have
As high inflation slowly begins to subside, many Americans continue to face the challenge of elevated prices at the grocery store. The impact of this trend, highlighted by Sen. Elizabeth Warren, has left shoppers frustrated by the rising costs of staples like chicken, bread, and cereal. These price hikes coupled with the phenomenon of shrinkflation,
In a recent survey conducted by Clever.com, it was found that 77% of potential homebuyers have already started saving for their down payment. The study also revealed that more than half of these buyers plan to put down less than 20% of the home’s value. While the traditional belief is that a 20% down payment
In recent years, activist investors have faced defeat after defeat in proxy fights, leading to questions about their credibility and power. These so-called “activist investors” differ from the original activists who championed governance reforms years ago. The ultimate question remains: Do today’s activist investors truly add economic value? Judging by their track records, it seems
The U.S. Department of Justice, along with 30 states, has filed a lawsuit against Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. This legal action stems from a DOJ investigation that began in 2022, focusing on whether Live Nation holds a monopoly within the ticketing industry. The probe was initiated after fan
One of the prime opportunities for teenagers working summer jobs is to open a retirement account and start saving for the future, according to experts. Certified financial planner Carol Fabbri explains that Roth individual retirement accounts (IRAs) can be “triple-tax efficient” for teenagers. Roth IRAs are funded with after-tax dollars, and since teens often earn
The S&P 500 recently reached a new record close, with a remarkable 53% increase since the peak of inflation in 2022. Experts at the CNBC Financial Advisor Summit highlighted the positive outlook for equities, with Savita Subramanian from Bank of America expressing a strong confidence in the market. Despite concerns such as wealth inequality and