After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
Wells Fargo just can't seem to escape public scandal. The bank is being fined $1 billion for scamming customers into buying auto loans, the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency announced Friday. Last year, Wells Fargo apologized for selling car insurance to around 570,000 customers who didn't need it. It's the toughest fine the Trump Administration has imposed on a Wall Street bank yet.
Apple may discontinue its iPhone X after lackluster sales. The semiconductor company Apple uses for iPhone X parts, Taiwan Semiconductor Manufacturing, issued weak guidance for the rest of the year in its recent quarterly earnings report. One analyst is speculating this means Apple is no longer ordering parts for its iPhone X.
And we're joined by the CEO of the new subscription box company, "Hunt A Killer." Ryan Hogan explains how his company ships monthly boxes to customers, encouraging them to solve murder mysteries one clue at a time.
Nora Ali and Brad Smith take a look at how the most popular cryptocurrencies are performing in this week's edition of "The Crypto Craze." Bitcoin surged back above $8,000, but there have still been significant price fluctuations throughout the week.
Pete Torres, COO of the Tribeca Film Festival, talks about the festival and what he considers a very timely closing night screening. This year, the festival will close with "The Fourth Estate," a docu-series that focuses on the New York Times' coverage of the Trump Administration's first 100 days.
We also dig into the #TimesUp movement. Torres says the festival will host an entire day of events dedicated to discussion about gender and pay parity. The festival has around 96 films this year, 46% of which are directed by women.
Netflix stock is surging after the company reported first-quarter earnings, disclosing that the company added 7.4 million subscribers in the first three months of this year. Netflix now has 125 million subscribers globally. This year, Netflix plans to spend $8 billion on developing original content.
Goldman Sachs reported earnings on Tuesday, soaring past Wall Street estimates. The firm said its quarterly revenue hit $10 billion, an increase of 27%. Goldman's successful first quarter is due in large part to the recent surge in trading and market volatility.
Plus, we talk artificial intelligence with Sam Mantle, managing director of digital enterprise at Luxoft. The company recently announced a partnership with Softbank Robotics America to improve technology in "Pepper" the robot. Mantle digs into how Pepper can be used across industries from travel, to retail, to hospitality, noting that developers are just starting to learn how expansive and beneficial artificial intelligence can be.
Tesla is temporarily suspending production of its Model 3 vehicle in an effort to reduce manufacturing bottlenecks. The pause in production was planned and is expected to last less than a week. However, this is the second time Tesla has paused Model 3 production since February, leading many to worry about whether the company can deliver on its ambitious production targets.
Netflix is off to a strong start this year. The stock surged after the company reported first-quarter earnings, disclosing that the company added 7.4 million subscribers in the first three months of this year. Netflix now has 125 million subscribers globally.
James Comey's new book "A Higher Loyalty" officially hits stores on Tuesday, but juicy details are already leaking out. The former FBI Director likens President Trump to a mob boss in the book. Trump criticized Comey on Twitter on Friday, calling him an "untruthful slime ball." Comey will do an interview this Sunday ahead of the book's release.
President Trump issued an executive order late Thursday night calling for a review of the U.S. Postal Service. The president wants a task force to look into the financial troubles facing the USPS. In recent weeks, Trump has criticized Amazon for contributing to the USPS's financial downfall. Even though Trump didn't specifically mention Amazon in the executive order, it's implied that he wants the task force to look into his claims against the tech giant.
And Cheddar CEO Jon Steinberg sits down with two-time NBA all-star Baron Davis to chat about his life as a tech investor. He's the founder of Sports and Lifestyle in Culture, or SLIC, a company that features and promotes original content from athletes.
Facebook CEO Mark Zuckerberg returns to Capitol Hill for a second day of questioning. Today, Zuckerberg testifies before the House Committee on Energy and Commerce. Ahead of the hearing, we spoke to Congressman Debbie Dingell (D-MI) about what she wants to hear from the Facebook CEO. Dingell is concerned about the privacy of Americans who use the social networking site and speculates about what a regulated Facebook would look like.
In other Washington news, House Speaker Paul Ryan (R-WI) announced today that he will not seek re-election this November. Ryan held a press conference to elaborate on his decision. He said he thinks he's done his part and looks forward to spending more time with his family.
Also, Joanna Coles stops by to talk about her new book, "Love Rules." She says her book can help readers find real love in the age of Tinder and Bumble. Coales, who sits on the board of directors for Snap, discusses what it's like to be a woman on the board of a Silicon Valley tech giant.
President Trump is stoking fears of a trade war with China yet again. On Thursday evening, Trump threatened more tariffs on China worth $100 billion dollars, on top of the tariffs Trump is already planning. China immediately fired back, saying the country will continue to meet Trump's tariff threats with counter-actions.
President Trump also made news when he finally broke his silence on the Stormy Daniels controversy. When asked by reporters if he knew about the payment by his lawyer to Daniels, Trump quickly said, "no." Michael Avenatti, Stormy Daniels' lawyer, said Trump denying knowledge of the payment is "a gift from the heavens."
Executives and fighters from the UFC were at the New York Stock Exchange to ring the opening bell on Friday in celebration of the organization's 25th anniversary. Amanda Nunes, a UFC fighter, and Lawrence Epstein, the COO of the UFC, join us to weigh in on the milestone and preview the UFC 223 taking place at Barclays Center in Brooklyn this weekend. Epstein also commented on the arrest of UFC star Conor McGregor, saying McGregor's actions don't represent UFC's values.
President Trump called out Amazon in an early morning tweet Thursday, saying he's concerned the company pays "little or no taxes." This follows reports that the president wants to go after Amazon. Immediately following these reports, Amazon stock tanked, losing billions of dollars in market cap. This is not the first time Trump has attacked Amazon.
Facebook is making changes to its data-sharing practices in the wake of the Cambridge Analytica scandal. The social media company announced late Wednesday that it would stop sharing user information with third-party data firms. This strategy has been at the core of Facebook's business for the past few years.
Bryan Cranston, star of the hit show "Breaking Bad," joins us to talk about this new project. He's the co-creator of "The Dangerous Book for Boys," a new TV series which will stream on Amazon Prime. Fans won't see him on camera, but they will see actress Erinn Hayes. Cranston and Hayes tell us what to expect from the family-friendly show. It premieres on Amazon this Friday, March 30th.
Facebook is making changes to its data-sharing practices in the wake of the Cambridge Analytica scandal. The social media company announced late Wednesday that it would stop sharing user information with third-party data firms.
President Trump called out Amazon in an early morning tweet today, saying he's concerned the company pays "little or no taxes." This follows reports that the president wanted to go after Amazon.
