Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on March 25, 2019.Noah Berger | AFP | Getty ImagesThe Consumer Financial Protection Bureau ordered Apple and Goldman Sachs on Wednesday to pay more than $89 million for mishandling consumer disputes...
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Global public debt will hit $100 trillion by year-end, says IMF
A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International Monetary Fund in Washington, DC on October 18, 2024. Daniel Slim | AFP | Getty ImagesThe International Monetary Fund warned Wednesday that the public debt situation worldwide could be more dire...
LVMH CEO Bernard Arnault’s family office goes shopping for AI startups
World's top luxury group LVMH head Bernard Arnault presents the group's annual results 2022 in Paris on January 26, 2023.Stefano Rellandini | AFP | Getty ImagesA 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...
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks on Tuesday posted preliminary quarterly results that showed its sales fell again as the coffee chain tries to execute a turnaround."Our fourth quarter performance makes it clear that we need to fundamentally...
KKM Financial’s Essential 40 stock fund is now an ETF
The Nasdaq MarketSite in New York, US, on Monday, Sept. 16, 2024. Yuki Iwamura | Bloomberg | Getty ImagesKKM Financial has converted its Essential 40 mutual fund into an ETF, joining the growing shift by asset managers to a more tax-efficient fund model.ETFs make it easier for investors and financial advisors...