Liz Whalen co-owns Rebel Rebel, a hair salon in Libertyville, Ill. that caters to LGTBQ+ clients.Courtesy: Lissete BriggsIn the face of the anti-diversity, equity and inclusion environment, LBGTQ+ small business owners have remained resilient — and are actually starting businesses in record numbers.Some 10% of entrepreneurs who started their own businesses last year identified as LGBTQ — a “milestone” and a 50% increase from 2023, according to a recent survey from small business software company Gusto. That brings the LGBTQ entrepreneurship representation in line with the general population, the company said.”For too long, LGBTQ entrepreneurs have faced barriers to capital,…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyGil Luria, DA Davidson, joins ‘Fast Money’ to talk report Apple is weighing a Siri AI partnership to catch up in the AI race.04:3611 minutes ago Source link
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | ReutersStablecoin issuer Circle Internet Group has applied for a national trust bank charter, moving forward on its mission to bring stablecoins into the traditional financial world after the firm’s big market debut this month, CNBC confirmed.Shares rose 1% after hours.If the Office of the Comptroller of the Currency grants the bank charter, Circle will establish the First National Digital Currency Bank, N.A. Under the charter, Circle, which issues the…
In the market’s stunning recovery, some stocks are more to thank than others. Wall Street sees a handful of the best performers having more room to run. The S & P 500 notched an all-time high on Friday, the latest milestone in the equity comeback after President Donald Trump ‘s tariff policy sent markets into a tailspin. The Nasdaq Composite has surged with tech stocks leading the recovery, driving the index more than 15% higher since Trump first announced the levy plan on April 2, the day he dubbed “liberation day.” CNBC Pro screened for Nasdaq members with market caps…
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025.Evelyn Hockstein | ReutersHe may have stopped openly feuding with President Donald Trump, but Elon Musk isn’t backing off his bid to kill Trump’s signature megabill.The Tesla and SpaceX CEO unloaded Monday on the massive tax-and-spending bill that Trump is pushing Republicans to quickly ram through Congress, labeling it a “DEBT SLAVERY bill” and calling out its supporters by name.The uber-rich Musk — who spent around $290 million backing Trump and other Republicans in the 2024…
Jim Cramer’s second-half playbook for investors is all about getting back to the basics. On CNBC’s “Squawk on the Street,” Cramer had a straightforward response when asked where investors should put their focus in the coming months. Choose stocks in companies that are “doing well,” he said Monday, shortly before the opening bell, as the S & P 500 looked to build off Friday’s first record close since February. His comments came in the waning hours of a wild first half of 2025 — driven by on-and-off-again tariffs and, more recently, concerns about a broader regional conflict in the Middle…
The high levels of income in the bond market right now are a “generational opportunity” for investors, according to BlackRock’s Rick Rieder. “I’ve waited for two decades of my life for some deals,” he said in an interview with CNBC, pointing to the years of low interest rates that ended in 2022. Bond yields move inversely to prices. That income is a priority now that bond duration is still no longer the reliable hedge it once was, explained Rieder, the firm’s chief investment officer of global fixed income. In other words, fixed income hasn’t necessarily offered a ballast against a…
US President Donald Trump holds an Apple Inc. iPhone during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Friday, May 23, 2025. Samuel Corum | Bloomberg | Getty ImagesPresident Donald Trump criticized AT&T in consecutive Truth Social posts on Monday, writing that the country’s third largest wireless carrier “ought to get its act together.”The president said he was trying to hold a conference call with “faith leaders,” but that “AT&T is totally unable to make their equipment work properly.” “If the Boss of AT&T, whoever that may be, could get involved,…
Harvard University graduates attend the university’s 374th commencement ceremony on May 29, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty ImagesThe Trump administration on Monday said an investigation into Harvard University found the school had violated the federally protected civil rights of Jewish and Israeli students.In a letter to university president Alan Garber, the civil rights office of the Department of Health and Human Services said Jewish students on campus were subjected to “severe, pervasive and objectively offensive harassment” following the Oct. 7, 2023, Hamas attack on Israel.The investigation found what the Trump administration described as a…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024.Bloomberg | Bloomberg | Getty ImagesMeta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group.The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock market record in February when it began laying off the 5% of its workforce that it deemed “low performers.”Meta CEO Mark Zuckerberg has been on an AI hiring blitz amid fierce competition with rivals such as OpenAI and Google-parent Alphabet. Earlier in June, Meta said it would hire…
