Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and become more organized.Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and become more organized. Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized,…
Author: MAK Gojar
As active ETFs chase high performances, some analysts have raised concerns whether the returns justify their higher expenses and other risks.As active ETFs chase high performances, some analysts have raised concerns whether the returns justify their higher expenses and other risks. Investors have been flocking to actively managed ETFs with their assets under management growing five times more than those of passive funds in 2024, a Morningstar report showed. As these funds chase high performance, some analysts have raised concerns whether their returns justify the higher expenses and other risks. “Active funds add an extra layer of risk that doesn’t always…
Ukrainian President Volodymyr Zelenskyy says he directed his ministers not to sign off on a proposed agreement to give the United States access to Ukraine’s rare earth minerals because the document was too focused on U.S. interests.Ukrainian President Volodymyr Zelenskyy says he directed his ministers not to sign off on a proposed agreement to give the United States access to Ukraine’s rare earth minerals because the document was too focused on U.S. interests. SLOVIANSK, UKRAINE – FEBRUARY 9: In an aerial view, a chalk quarry on Mount Karachun is seen in front of the city on February 9, 2025 in Sloviansk, Ukraine. Due to…
A federal judge appeared inclined to deny an urgent request to temporarily block Elon Musk and DOGE firing federal employees or accessing sensitive government records.
Though the world tuned in and thousands of tourists descended on Paris for the Olympics, many local businesses struggled.Though the world tuned in and thousands of tourists descended on Paris for the Olympics, many local businesses struggled. You might expect that a global event like the Summer Olympics would be a boon for local businesses. And while hosting the Games can certainly bring an influx of visitors, it doesn’t necessarily cause the economic boost that business owners and local governments may hope for. “The Olympics actually were not good for business,” Jay Swanson, a 39-year-old YouTuber and the creator of…
Former Vice President Kamala Harris is to receive the NAACP’s Chairman’s Award during the civil rights organization’s Image Awards ceremony this weekend
European stocks moved higher Monday as a number of defense stocks soared.European stocks moved higher Monday as a number of defense stocks soared. 1 Hour Ago Anglo American Platinum announces dividend and demerger plans Anglo American Platinum said Monday that it would pay out an additional cash dividend before a demerger that will see it become a standalone company. The additional dividend will amount to 59 South African rand ($3.21) per share, with the payout totaling 15.7 billion rand. It will be in addition to the 2024 shareholder payout, which will amount to 800 million rand. If approved by shareholders…
As companies adopt new tech like AI and see what kind of productivity gains they bring, some could adopt a four-day workweek down the line, say experts.As companies adopt new tech like AI and see what kind of productivity gains they bring, some could adopt a four-day workweek down the line, say experts. As companies around the world experiment with a four-day workweek, employees continue to weigh in on their interest in the concept. An overwhelming majority, 81% of young people support a four-day workweek, according to a 2024 CNBC and Generation Lab poll of 1,033 Americans aged 18-34. At…
Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump administration attacks either.Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump administration attacks either. Peter Dazeley | The Image Bank | Getty Images As more companies scrap or pare back DEI pledges and goals related to hiring and supplier diversity, from Amazon to Target and Meta, corporate philanthropic activities are also ripe for review. Companies routinely support DEI initiatives through foundations or other corporate giving programs. According to a…
Though the world tuned in and thousands of tourists descended on Paris for the Olympics, many local businesses struggled.Though the world tuned in and thousands of tourists descended on Paris for the Olympics, many local businesses struggled. You might expect that a global event like the Summer Olympics would be a boon for local businesses. And while hosting the Games can certainly bring an influx of visitors, it doesn’t necessarily cause the economic boost that business owners and local governments may hope for. “The Olympics actually were not good for business,” Jay Swanson, a 39-year-old YouTuber and the creator of…
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. 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: Wall Street is having a mixed Friday — the S & P 500 and Nasdaq Composite are modestly higher while the Dow dropped slightly — but remains on track for…
An estimated $5.39 trillion is spent annually on Gen Alpha as of 2024, and is projected surge past $5.46 trillion by 2029, per to research firm McCrindle.An estimated $5.39 trillion is spent annually on Gen Alpha as of 2024, and is projected surge past $5.46 trillion by 2029, per to research firm McCrindle. It’s not too early for investors to start thinking about the impact of Generation Alpha on stocks, according to UBS. The generation, born between 2010 and 2024, is likely to be the largest of its lifetime, analyst Saranja Sivachelvam said in a note Wednesday. It is also the…
An estimated $5.39 trillion is spent annually on Gen Alpha as of 2024, and is projected surge past $5.46 trillion by 2029, per to research firm McCrindle.An estimated $5.39 trillion is spent annually on Gen Alpha as of 2024, and is projected surge past $5.46 trillion by 2029, per to research firm McCrindle. It’s not too early for investors to start thinking about the impact of Generation Alpha on stocks, according to UBS. The generation, born between 2010 and 2024, is likely to be the largest of its lifetime, analyst Saranja Sivachelvam said in a note Wednesday. It is also the…
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On today’s episode of CNBC Crypto World, bitcoin closes the week trading at the $97,000 level. Shares of Coinbase drop after reporting a surge of more than 130% in revenue from last year. Also, Tether CEO Paolo Ardoino reacts to a recent JPMorgan research report suggesting the stablecoin issuer may have to sell its bitcoin to comply with new U.S. proposals.On today’s episode of CNBC Crypto World, bitcoin closes the week trading at the $97,000 level. Shares of Coinbase drop after reporting a surge of more than 130% in revenue from last year. Also, Tether CEO Paolo Ardoino reacts to…
Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January.Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January. A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In like a lion, out like a lamb. That’s how restaurant executives envision 2025 after a rough start to the year, largely caused by freezing temperatures, wildfires and consumer caution. Many restaurant chains, like Restaurant Brands’ Burger King and Popeyes, said sales improved in the fourth quarter as value offerings brought back diners who had been…
Tesla and GameStop are among the names Wolfe Research is recommending that investors short to avoid the hit of potential blow-ups.Tesla and GameStop are among the names Wolfe Research is recommending that investors short to avoid the hit of potential blow-ups. As the broader market rides high, some stocks are emerging as short selling candidates, according to Wolfe Research. Stocks ended last week higher on top of an already positive 2025 so far. The Nasdaq Composite led the way, advancing 2.6% last week. That move is then followed by the weekly gains of the S & P 500 and the Dow…
Tesla and GameStop are among the names Wolfe Research is recommending that investors short to avoid the hit of potential blow-ups.Tesla and GameStop are among the names Wolfe Research is recommending that investors short to avoid the hit of potential blow-ups. As the broader market rides high, some stocks are emerging as short selling candidates, according to Wolfe Research. Stocks ended last week higher on top of an already positive 2025 so far. The Nasdaq Composite led the way, advancing 2.6% last week. That move is then followed by the weekly gains of the S & P 500 and the Dow…
States in the Mid-Atlantic and Northeast were heavily betting on offshore wind to meet their future power needs.States in the Mid-Atlantic and Northeast were heavily betting on offshore wind to meet their future power needs. A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The order Trump issued on his first day in office indefinitely…
See how companies are responding to the major themes of Trump’s campaign and early days in office.See how companies are responding to the major themes of Trump’s campaign and early days in office. In this article MLM GNRC TMUS EQR TSN Follow your favorite stocksCREATE FREE ACCOUNT CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb…