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The U.S. is the top country for millionaires and billionaires
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 U.S. has…
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Nike (NKE) earnings Q3 2024
Nike‘s China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, helped by better than expected growth in North America and price changes. Here’s how…
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The emerging ETF trends as industry gathers for big conference
Over two thousand attendees are descending on the Fontainebleau Hotel in Miami Beach for the annual Exchange ETF conference. To entice participants, the organizers rented out the entire LIV Nightclub Miami at the hotel for a…
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Starbucks’ earnings report was weak — but Wall Street expected worse
A customer exits a Starbucks store in Manhattan on Jan. 30, 2024, in New York City. Spencer Platt | Getty Images Wall Street is shaking off Starbucks’ weak quarterly report, seemingly taking executives at their…
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Starbucks (SBUX) Q1 2024 earnings
MIAMI, FLORIDA – JUNE 11: A Starbucks coffee cup sits on a table as the company reported supply shortages at some coffee shops on June 11, 2021 in Miami, Florida. The coffee chain said it…
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How ‘quiet luxury’ is subtly taking over investor portfolios
VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked green yellow pants. Jeremy Moeller…
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Brian Sullivan’s outlook for the new year
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. Brendan Mcdermid | Reuters The crystal ball is cloudy this year my friends. In the past…
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Chinese companies look to U.S. and Asia as growth slows at home
Miniso opened its first flagship store in New York City’s SoHo in February 2022. Miniso BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take…
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Why tensions between China and Taiwan are on the rise
In May, President Joe Biden issued a stark warning to China: The U.S. would come to Taiwan’s defense militarily if China were to invade. “That’s the commitment we made,” Biden said in response to a…
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Signs of forced labor found in China’s EV battery supply chain: Report
Hundreds of Uyghurs are working for a mining conglomerate that produces raw materials for electric vehicles as part of a so-called work transfer program in China, the New York Times reported. Shen Longquan | Visual…
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