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.The top 10% of Americans added $5 trillion to their wealth in the second quarter as the stock market...
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Tesla, GM lead record U.S. EV sales this year as federal incentives end
DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in September.New data provided to CNBC from Motor Intelligence shows U.S. sales...
Top Wall Street analysts recommend these 3 dividend stocks for stable returns
In this photo illustration, the Brookfield Infrastructure Partners company logo is seen displayed on a smartphone screen. Piotr Swat | Lightrocket | Getty ImagesFears about the impact of a government shutdown, a slowing labor market, and elevated stock valuations are weighing on investor sentiment. Given the ongoing uncertainty, investors looking...
Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
Investors may want to boost their exposure overseas."Home bias is about as bad as it's ever been in the United States. The average investor has far too much of their money sitting in the United States," ETF.com's Dave Nadig told CNBC's "ETF Edge" this week.Nadig, the firm's president and director...
Nike posts surprise sales growth, but warns of sluggish holiday season and bigger than expected tariff hit
Nike on Tuesday posted surprise sales growth in its fiscal first quarter but said it still has work ahead to execute its turnaround as it warned it expects sales to fall again during most of the holiday shopping season.Nike expects sales during its current quarter, which runs generally from early...