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Reddit shares soar almost 20% after company reports revenue pop in first earnings report since IPO

Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.


6 Money Moves You Should Make If You Have $70K in a Checking Account

You've gotten a taste for saving money -- which is great. But your money is now just sitting idle and losing value to inflation -- which is not so great. So where do you go from here to keep enough...


Cramer explains how to maintain a balanced portfolio as the economy slows

CNBC's Jim Cramer on Tuesday said Wall Street is currently going through a tricky stage of the business cycle and told investors to invest in diverse companies.


20 States With the Lowest Cost of Living for Single Adults

If you're a single adult, you've probably wondered if moving to another state would mean your overall monthly expenses would be a lot less. While this isn't the case in every state, there are plenty...


20 Common Purchases You’re Overpaying For

In our daily lives, it's easy to fall into the trap of overspending on things we think we need or deserve. Read Next: 10 Expenses Most Likely To Drain Your Checking Account Each Month Learn More: How...


32-year-old attorney quit her 9-to-5 to launch an electric flossing startup—it brought in nearly $1 million in 12 months

Samantha Coxe used to lie to her dentist about flossing, she said on ABC's "Shark Tank" — leading her to launch Flaus, an electric flosser startup.


Disney bets on sequels and password crackdown

Boss Bob Iger says sequels are cheaper to make because they save on marketing costs.


An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat

Cliché but true, the second-richest man on the planet, according to Forbes, owns the tallest sailing yacht in the world. In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel....


I’m Part of the Upper Middle Class: Here’s What My Finances Look Like

While the exact threshold fluctuates based on factors such as local cost of living and inflation, those in the upper middle class typically have an estimated household income of $150,000 to $250,000....


81% of young people say a 4-day workweek would boost productivity, new CNBC/Generation Lab survey reports

A new survey from CNBC/Generation Lab found that an overwhelming 81% of young adults believe a four-day workweek would boost their company's productivity.


Oddity Tech says it's bucking the beauty slowdown Ulta warned about

Beauty stocks fell last month after Ulta CEO Dave Kimbell said beauty demand was cooling, but cosmetics upstart Oddity Tech said the industry is just changing.


Warren Buffett: How Investing in the S&P 500 Can Make You Rich

Warren Buffett has a fortune worth over $131 billion. He got there by consistently investing in the right companies throughout his multi-decade career. However, Buffett advises the average person...


10 Things You Should Not Buy at Costco While on a Retirement Budget

On average, people age 65 or older earn about $4,220 a month, according to the U.S. Bureau of Labor Statistics. For retirees with low bills to pay and minimal or no debt, that kind of income can go a...


Housing Market 2024: 5 Florida Cities That Are Suddenly Affordable

Although interest rates (and therefore mortgage rates) are likely to stay elevated for a while longer, per the most recent Federal Open Market Committee discussion, home prices in some regions are...


Food startup Hungryroot uses AI to reduce waste, a major climate offender

Hungryroot, a 9-year-old startup in New York, is trying to deliver precise portions to users to cut down on waste.


8 Hacks for Dining Out: Are They Clever or Just Cheap?

Going out to dinner is more expensive. The consumer price index for full-service meals has risen 3.2% over the last year, according to the Bureau of Labor Statistics. Due to rising costs, some people...


8 Ways To Escape Living Paycheck-to-Paycheck — Without Sacrificing Your Lifestyle

When you live paycheck-to-paycheck, you think defensively. You worry about the heavy debts on your back, about how you'll pay for every bill due this month. It leaves little room for long-term...


Does a Low Credit Score and Your Financial Information Appear on a Background Check?

It likely won't surprise you to learn that 95% of companies perform background checks on potential employees. What may come as a shock, though, is that 16% also conduct credit checks on all job...


Aspiring to high-income status: Education matters

This article first appeared in The Edge Malaysia Weekly on May 6, 2024 - May 12, 2024 Save by subscribing to us for your print and/or digital copy. P/S: The Edge is also available on Apple's App Store and Android's Google Play.


Gold bars are selling like hot cakes in Korea's convenience stores and vending machines

The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation to offer customers mini gold bars.


10 New Cars in 2024 That Will Depreciate the Fastest

Purchasing a new car in 2024? Depreciation is an inevitability, but certain cars hold their value for longer than others. Considering a new vehicle as an investment, the right purchase -- along with...


Net Worth for Gen X: How To Tell If You’re Poor, Middle-Class, Upper Middle-Class or Rich

As with any age cohort, annual incomes among Gen Xers are all over the map. The gap between wealthy and poor Gen Xers (those born from 1965 to 1980) is not that different from other generations. What...


High Inflation May Be Here To Stay: 5 Money Moves To Keep Financially Ahead

Inflation is still high and not likely to come down anytime soon, as reported by USA Today. But instead of risking falling behind, what if you could turn this economic challenge into an opportunity to...


7 Money Hacks That Actually Cost More Down the Road — and What To Do Instead

We're always looking for helpful ways to save money by spending more effectively or reducing unnecessary expenses. Like life hacks, there are numerous money hacks out there to achieve such goals....


Net Worth for Californians: How Much To Be Poor, Middle Class or Rich

California's middle class is shrinking. According to a new report from California Community Builders, a nonprofit housing research and advocacy firm, America's wealthiest and most populous state has...


10 Ways to Fund a Remodel Without Refinancing

Remodeling your home can be an exciting venture, offering the chance to transform your living space into something that more closely aligns with your lifestyle and aesthetic preferences. However,...


UOB Malaysia introduces masterclass to prepare businesses for EU’s carbon border tax

KUALA LUMPUR (May 8): United Overseas Bank (M) Bhd (UOB Malaysia) has launched a programme to assist businesses in understanding and preparing for the European Union's (EU) carbon border adjustment mechanism (CBAM), a carbon border tax that is set to take effect in 2026 and affect some 75% of Malaysian exports to the region. This new tax, according to UOB Malaysia, will assign a fair price on carbon emitted during the production of...


100 Small Cities Where the Homes Are Worth $1 Million or More

Not so long ago, $1 million seemed like an astonishing home value, something that most Americans could never dream of paying without ridiculously high salaries. Find Out: Here's When To Buy a New...


20 Savings Accounts That Beat Inflation Rates

Americans hoping their savings account rates will stay ahead of inflation have had a tough time over the past few years. In 2022, inflation hit its highest point in more than four decades of 9.1%,...


6 Ways Not Having an Estate Plan Can Cost Your Heirs Money

While you may not want to think about the end of your life, doing so in advance is actually one of the kindest things you can do for yourself and your heirs. Even if you don't have a big or complex...


Biden meets with executives from Citi, United Airlines, Marriott and others

The guests included United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder Roger Altman, Marriott International CEO Anthony Capuano and others.


More home sellers are paying capital gains taxes — here's how to reduce your bill

More home sellers have been hit with capital gains taxes amid soaring property values. Here's how to reduce your tax bill, experts say.


5 Things You Must Do When Your Car Repairs Are More Than You Can Afford

Expensive care repairs can bust your budget and keep your car out of commission. Here's what you should do if you can't afford car repairs.


44 Best Southern Cities To Retire If You Have Just $500,000 Saved

You might think you need at least a cool million dollars in the bank to retire in the style you want to -- especially if you're considering retirement in one of the charming cities in the South, where...


5 Low-Stress Jobs That Pay $80K or More a Year

You've probably heard the adage, "Work smarter, not harder," which reportedly dates back to the 1930s and has probably meant different things to different people ever since. Some take it to mean you...


Reddit CEO talks advertising, says consumers and companies are attracted to the platform

CEO Steve Huffman told CNBC's Jim Cramer on the occasion of Reddit's first quarterly report since its IPO that users and advertisers are drawn to the platform.


What a Comfortable Retirement Will Cost You in These 7 Popular Countries

If you're looking to live comfortably in retirement, consider living in low-cost of living countries to make your budget stretch further. Learn more here.


FTX says it has billions more than owed to victims

The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.


9 Ways to Keep Your Nosy Neighbor's Eyes out of Your Yard

Make your private property actually feel private, without spending thousands on fencing.


Leader of world's 'most prolific ransomware group' charged in Lockbit case — $10 million reward for his arrest

Dmitry Yuryevich Khoroshev is the sixth person charged with federal crimes related to the LockBit ransomware ring that stole more than $500 million.


Sime Darby Plantation, Pekat, Siab, OCK, Sapura Energy, CTOS, Awantec, Mobilia, Prolintas, Power Root

KUALA LUMPUR (May 8): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday: Sime Darby Plantation Bhd (SDP) has proposed to develop a 1,000-acre Kerian Integrated Green Industrial Park (KIGIP) in its Tali Ayer Estate in Perak, together with its largest shareholder Permodalan Nasional Bhd (PNB). A joint proposal was submitted to the Ministry of Investment, Trade and Industry (Miti) in...


Average American Says They Need To Earn $230K To Feel ‘Successful’ — Here’s What Experts Say

According to a recent survey from Quickbooks, the average American believes when it comes to their personal finances, they will need to earn $230,000 in 2024 to feel "successful." At GOBankingRates,...


I Bought a House in My 20s: 7 Steps I Took That Made It Possible

In today's economy, the idea of buying a house in the U.S. seems less and less realistic. The median sales price of a home is $417,700, nearly $100,000 higher than it was just before the COVID-19...


5 Money Moves Your Middle-Class Family Can Make To Support a Stay-at-Home Parent

Want to live on one income and support a stay-at-home parent? This guide will help you get started. Find out how to adjust your finances to meet this goal.


4 Ways To Get the Most Out of Your Target Gift Cards

Gift cards make for great presents, but all too often, many end up forgotten in drawers. Indeed, almost half of Americans -- 47% -- say they have at least one unused gift card, voucher or store...


7 Best Business & Money Lessons To Learn From Tesla

If you're thinking about starting your own company, you could learn a thing or two from Tesla. Unlike many other car manufacturers, Tesla doesn't sell its products through franchised dealerships....


5 Used Cars You Shouldn’t Buy

Buying a used car can be a savvy move if you want a reliable vehicle at an affordable price. However, there are some used cars that aren't great investments. Purchasing some of these cars means you...


10 Best Clean Energy ETFs for May 2024

Clean energy ETFs offer exposure to a wide range of clean energy stocks without betting it all on one company. Here are the top 10 to consider for your portfolio.


Generative AI is speeding up human-like robot development. What that means for jobs

ChatGPT-like artificial intelligence is speeding up research and bringing humanoid robots closer to reality in China, home to many of the world's factories.


Student protesters facing disciplinary action may also deal with financial setbacks

Students protesting Israel's war in Gaza have faced disciplinary action including suspension or expulsion. They may also face financial setbacks, experts say.