Investors should consider commodities due to a "big change" involving international expansion, according to VanEck CEO Jan van Eck."The world economy started growing again," van Eck told CNBC's "ETF Edge" this week.He singles out China, the world's second-largest economy behind the U.S., as a key driver in the expansion."China which...
Year: 2024
Something strange has been happening with jobless claims numbers lately
A "Now Hiring" sign is displayed on a shopfront on October 21, 2022 in New York City.Leonardo Munoz | View Press | Corbis News | Getty ImagesCalling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor...
Superyacht sales plunge as wait times rise, Russian oligarchs drop out of the market
A water slide on Savannah, a 274-foot hybrid superyacht.Courtesy of Northrup & JohnsonA 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.Superyachts sales took a dive in 2023,...
Netflix blows past earnings estimates as subscribers jump 16%
A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesLOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next year, the company said Thursday as it reported earnings that beat on the top and...
Ron Insana’s new firm aims to bring AI-powered trade ideas to individual investors
Traders work on the floor at the New York Stock Exchange on March 13, 2024.Brendan McDermid | ReutersA new company will try to crack the code of integrating artificial intelligence and investing, and it will be mostly focused on helping individual traders make buy and sell decisions.The firm, called iFi...