Tell me if you can relate to this: The time comes for you to buy something new. Maybe it’s something big and expensive, like a refrigerator. Or maybe it’s something small and insignificant, like a spatula. Either way, you suddenly feel a sense of anxiety—a need to know: What is the ~best~ possible option I can buy within my budget range? And thus begins the endless rabbit hole of online research. ‘Twas a time when you might just waltz into a physical store, look at the few available options in front of you, and pick one right then and there,…
Author: insighter
Deciding on an ideal bakery spot is increasingly becoming more trouble than it’s worth. A deluge of TikToks and varying recommendations from your hipster friends will tend to leave you confused and hungry. Luckily for French President Emmanual Macron, all he has to do to get the best bread in Paris is open his door every morning. The person delivering that bread, though, will change hands as judges awarded this year’s prize for one of the most fierce food competitions in the French capital. Xavier Netry, who runs Boulangerie Utopie, has been crowned the winner of the 31st edition of…
A new report found that New York City is the No. 1 place for ultra-high-net-worth individuals to own a property. Alexander Spatari | 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 future editions, straight to your inbox. New York still leads the U.S. and the world when it comes to wealthy cities. With nearly 350,000 millionaires and 60 billionaires, the Big Apple is the richest city in America, according to the USA Wealth Report from Henley & Partners…
Trader Joe’s is a national chain of grocery stores with a bit of a cult following. There are dozens of social media accounts dedicated to Trader Joe’s shopping hauls and recipes using only items found at the store. Trader Joe’s even has its own podcast. If you’ve never shopped at Trader Joe’s before, it can feel overwhelming. Our guide can help you find the best things to buy at Trader Joe’s and ways to save money. What you should know before shopping at Trader Joe’s Trader Joe’s features a large selection of organic and specialty items, as well as seasonal…
Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 9% on Friday to their lowest level of the year. Although Intel’s revenue is no longer shrinking and the company remains the biggest maker of processors that power PCs and laptops, sales in the first quarter trailed estimates. Intel also gave a soft forecast for the second quarter, suggesting weak demand. It was a…
Cherub, which aims to be a matchmaker for businesses and angel investors, raised $1.1 million to launch in March.
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an unsolicited takeover approach from Australia’s BHP Group Ltd. The activist hedge fund led by Paul Singer has exposure to almost 33.6 million Anglo American shares via derivatives, according to a UK regulatory filing Friday that confirmed a report by Bloomberg News. The firm amassed the 2.5% holding over recent months, according to people familiar with the matter, who asked not to be identified discussing confidential information. The investment puts Elliott among Anglo American’s 10 biggest shareholders, data compiled by Bloomberg show. Anglo…
Nio Founder and CEO William Li poses outside of the New York Stock Exchange to celebrate his company’s IPO. Photo: NYSE BEIJING — Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly branded cars this year. Nio’s first such mass market car will be an SUV cheaper than Tesla’s Model Y, CEO William Li told CNBC’s Eunice Yoon on Thursday. The Tesla SUV starts at 249,900 yuan ($35,197) in China. Like many early entrants to China’s electric car market, U.S.-listed Nio targeted the premium market when it launched…
A home buyer’s warranty is a service agreement that covers some repairs on certain appliances and systems when someone buys a house. New homeowners can get them for existing houses and new construction. Who pays for the home warranty depends on the real estate contract. What is a home buyer’s warranty? When buying a house, most people rely on home inspections to tell them the condition of the house’s appliances or systems, such as the air conditioner[0]. A thorough home inspection can point out issues such as plumbing problems or an inoperable oven — concerns that potential buyers might otherwise…
Women do the bulk of caregiving, whether it’s for children, disabled adults, or the elderly. And according to new research published in Transportation Research Part D: Transport and Environment, they also do the bulk of caregiving travel, which means commuting to take those groups where they need to go, such as to school or to doctor appointments. But that disproportionate load, coupled with their other caregiving duties and actual jobs, is stressing them out. Researchers analyzed data from the U.S. Department of Labor’s 2021 American Time Use Survey, and found that regardless of their employment status, women were 60% more…
CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street. It’s a week jam-packed with notable events, including earnings from Apple, Amazon and Eli Lilly. He also advised investors to pay attention to Wednesday’s Federal Reserve meeting and Friday’s employment figures from the Department of Labor. “We have to run such a ridiculous gauntlet next week that I have no idea how it’ll play out,” Cramer said said. “But I do think the economy’s getting weaker — I just hope the Federal Reserve has noticed.” Sunday night brings a “60 Minutes” interview with Nvidia CEO Jensen Huang,…
Urbazon | E+ | Getty Images Why many taxpayers wait to file Typically, taxpayers file sooner when they’re expecting a refund, said Mark Baran, managing director at financial firm CBIZ Marks Paneth. Indeed, knowing “they won’t get a refund” is one of the top five reasons Americans procrastinate on taxes, according to a January survey from IPX1031, an investment property exchange service. Plus, many taxpayers file for an extension, which bumps the federal filing deadline by six months, to Oct. 15 this year. This provides more time to file, but federal taxes owed are typically still due on April 15.…