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What Is Considered Rich? $2.5 Million Minimum, Americans Say

by Edgar Davis
What Is Considered Rich? .5 Million Minimum, Americans Say

The average American thinks being rich means a $2.5 million net worth. A Wednesday survey from Charles Schwab tracked the bar for wealth by generation, from Gen Z to Boomers. …

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FDA approves Pfizer, Moderna updated KP.2 shots

by Ron Morgan
FDA approves Pfizer, Moderna updated KP.2 shots

Pfizer COVID-19 vaccine. Courtesy: Pfizer The Food and Drug Administration on Thursday approved updated Covid vaccines from Pfizer and Moderna, putting the new shots on track to reach most Americans …

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Entrepreneur Poll: Which Candidate Is Better For Small Business?

by Anas Siddiqui
Entrepreneur Poll: Which Candidate Is Better For Small Business?

With less than three months until election day, national polls show an extremely close race between Vice President Kamala Harris and former President Donald Trump. The latest from FiveThirtyEight‘s poll …

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GM-owned Cruise will partner with Uber to offer driverless rides

by Horatio Thompson
GM-owned Cruise will partner with Uber to offer driverless rides

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023.  David Paul Morris | Bloomberg | Getty Images Uber Technologies and General Motors’ Cruise have agreed …

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NWSL eliminates draft, grants unrestricted free agency to players

by Anas Siddiqui
NWSL eliminates draft, grants unrestricted free agency to players

Maitane Lopez Millan #77 of Gotham FC defending battling Jordyn Huitema #9 of OL Reign for the ball during NWSL Cup Final game between NJ/NY Gotham City FC and OL …

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Jim Cramer looks at reasons for the market decline and 3 stocks movers

by Akin Smith
Jim Cramer looks at reasons for the market decline and 3 stocks movers

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets …

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Crypto asset managers seek next big coin for portfolio diversification

by Walter Watson
Crypto asset managers seek next big coin for portfolio diversification

The next innovation in cryptocurrencies won’t come from the introduction of a Solana ETF . Asset managers say they’re more focused on other ways investors can diversify their portfolios with …

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Peloton to charge $95 activation fee for used bikes

by Anas Siddiqui
Peloton to charge  activation fee for used bikes

Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used …

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Trump blasted by Josh Shapiro for ‘overrated Jewish governor’ attack

by Vera Ward
Trump blasted by Josh Shapiro for ‘overrated Jewish governor’ attack

Pennsylvania Governor Josh Shapiro speaks on Day 3 of the Democratic National Convention (DNC) at the United Center, in Chicago, Illinois, U.S., August 21, 2024.  Mike Segar | Reuters Pennsylvania …

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Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

by Walter Watson
Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially …

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