Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Digital Currency Group is selling shares to SoftBank and Google’s venture capital arm in a deal that values the crypto conglomerate at more than $10 billion. The Manhattan-based, private company announced a secondary round on Monday, in which existing investors are selling
kate_sept2004 | E+ | Getty Images When Sherose Badruddin, 38, joined her local Buy Nothing group in Chapel Hill, North Carolina, five years ago, she did it purely to save money. As a single mom, she was on a tight budget. “I joined my Buy Nothing group in 2016 to get free stuff; I
At the federal level, the state and local tax (SALT) deduction has emerged as a hot-button political issue ever since the deduction was capped at $10,000 under the Tax Cuts and Jobs Act (TCJA) of 2017. The SALT deduction has defenders as well as detractors, but a peculiar inversion of it—a state deduction for federal
Today we’re taking a look at a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, Plug Power
Billionaire Amazon founder Jeff Bezos made his first investment in a Southeast Asian e-commerce start-up last month. But it’s in not one of the region’s billion-dollar unicorns. It’s in a mom-and-pop shop start-up that’s been around for less than two years. And its founders? Some of Bezos’ former employees. “It was incredibly fortunate and a huge fan boy moment for me,” Ula CEO Nipun
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021. Brendan McDermid | Reuters U.S. stock futures rose slightly in overnight trading on Sunday as investors readied for the first trading of November. Market participants are gearing up for another week of corporate earnings, a key Federal
As the founder and director of two entrepreneurship-focused programs at Stevens Institute of Technology, Launchpad and iSTEM, I have overseen the creation of 12 officially incorporated enterprises, with many more on the way. It took about three years to put our first company together, but now we launch a new company every three months. To maintain this efficiency, we need to identify the right students: the rulebreakers,
In this article CMCSA CNK Tom Hardy stars in Sony’s “Venom: Let There Be Carnage.” Sony Don’t count out the domestic box office just yet. A combination of new movie releases, many of which appeared exclusively in theaters, coupled with growing consumer confidence in returning to cinemas amid the coronavirus pandemic led October to be
Strauss Zelnick, CEO of Take Two Interactive. Adam Jeffery | CNBC The third-quarter earnings season has come with plenty of stunning beats — and a few notable disappointments. Investors now face a daunting question: Which companies will carry their success into subsequent quarters? For instance, Tesla has been leading the pack on the green tidal
JGI/Jamie Grill Consumers are likely experiencing sticker shock as new government data shows annual inflation rising at the fastest pace in more than 30 years. So-called headline inflation, including food and energy prices, rose at a 4.4% annual rate in September, the fastest since 1991. With higher prices likely here to stay for now and
In this article GM Chevrolet Corvette Z06 team members from left to right: Aaron Link, lead development engineer; Dustin Gardner, assistant chief engineer, small block; Harlan Charles, product marketing manager; Josh Holder, chief engineer; Tadge Juechter, executive Chief engineer; Kirk Bennion, exterior design manager. Michael Wayland / CNBC DETROIT – General Motors’ new 2023 Chevrolet
Amid widespread job losses and sudden financial turmoil in 2020, many adults found a likely safety net: their parents. A year and a half later, nearly a third of millennials, between the ages of 25 and 40, still receive financial support from their parents, according to a new survey by personal finance site MagnifyMoney. From