Delta Air Lines CEO Ed Bastian told CNBC on Thursday he expects the consumer to remain strong in the new year, and that’s why the carrier is raising its earnings guidance. Speaking to CNBC’s Phil LeBeau from the company’s investor day in Atlanta, Bastian said Delta is targeting revenue growth of 4% to 6% in
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] Christine Lagarde is speaking in Frankfurt, Germany, for her first press conference as president of the European Central Bank. The former International Monetary Fund chief took the helm at the euro
Martin Barraud | Getty Images A majority of Americans say the economy is only benefitting the wealthy, despite record-low unemployment and rising wages. A poll by Pew Research Center found that 69% of Americans say the economy is helping the wealthy, while hurting the poor, those without college degrees and the middle class. Responses also
Signage of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad Mohammed | Reuters Shares of Saudi Aramco surged on their second day of public trading, pushing the kingdom’s record IPO to a gargantuan
Hiroshi Watanabe | Getty Images You’re probably already aware that wealth in America is a tale of haves and have-nots. But new research shows just how big the disparity is in 401(k) plan accounts — workplace retirement savings plans that were created to help all individuals get ahead. There are two main reasons why the
Getty With holiday cheer abounding all around you, the last thing you want to think about is your personal finances. Yet, the clock is ticking. Once the old year turns over to the new, a curtain of opportunity slams forever shut. This is one priority you cannot put off until tomorrow. It is the single
If you live in California—or even if you don’t—you probably know something about California taxes. They are high, the highest in the nation. And the state’s tax man is aggressive too, way more aggressive than you might think. Think the IRS is tough? California’s Franchise Tax Board is generally regarded as more uncompromising when it
Share to facebook Share to twitter Share to linkedin The Chartwell mansion. Coldwell Banker Global Luxury, Hilton & Hyland, and Berkshire Hathaway Home Services Topline: The Bel-Air, French chateau-style mansion and estate made famous by TV’s The Beverly Hillbillies sold for $150 million, setting a California price record—with the new owner reported to be Lachlan
CNBC’s Jim Cramer has made a u-turn on Tesla from an “agnostic skeptic” to an “outright bull” on the stock. The “Mad Money” host on Wednesday exclaimed “I’m a true believer in Tesla,” breaking down his metamorphosis on the electric-car company he classifies as a “battleground stock.” “All my career I have been fascinated by
GameStop cut its full-year profit forecast on Tuesday as the video-game retailer struggles with customers delaying console purchases ahead of new launches and a shift to digital downloads of games, sending its shares plunging 20%. The company, which gained popularity by selling video games for Atari consoles in the 1980s, now also faces the rise