Stocks jumped Tuesday, recovering some losses from the previous three trading days as investors took a pause from recession fears and Japanese equities rallied.
CNBC
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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- Broadcast Media Production and Distribution
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Updates
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A tax law update that went into effect this year allows you to make an emergency withdrawal up to $1,000 from your eligible retirement savings without penalty.
You can pull $1,000 from your retirement savings penalty-free—but don't make it a habit, says retirement expert
cnbc.com
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How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.
Markets are counting on the Fed to head off recession with sizeable interest rate cuts
cnbc.com
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Drugmakers appear to be less concerned about the impact of negotiated prices on their businesses in the short term. Meanwhile, health care heads to Hollywood.
Healthy Returns: What drugmakers are saying about final negotiated prices with Medicare
cnbc.com
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Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according to a press release Tuesday. The most expensive plans for Hulu, which include live TV, will cost $6 more per month. More on the streaming increase: cnb.cx/46IUQ2n
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Amid stock market volatility, it’s critical to avoid emotional moves that could stunt long-term portfolio growth, financial experts say. U.S. stocks on Monday plunged as part of a global sell-off fueled by U.S. recession fears. The U.S. dip followed a more than 12% drop for Japan’s Nikkei 225, its biggest one-day loss since Wall Street’s 1987 Black Monday crash. “Don’t panic and make some crazy, rash decision that veers away from your game plan,” warned certified financial planner Lee Baker, owner of Apex Financial Services in Atlanta. Here's why, and what to do instead: cnb.cx/46CW67c
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Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month.
Disney raises streaming prices for Hulu, Disney+ and ESPN+
cnbc.com
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Charles Barkley reaffirmed his long-term commitment to TNT Sports for "many years to come."
Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA
cnbc.com
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Americans Jennifer Crain and Allison Kave own Abricot, a cocktail bar in Paris. They share the pros and cons of running a business in France versus the U.S.
We left the U.S. and opened a bar in Paris that brings in up to $34,100 a month: 'There's an ease to living here'
cnbc.com
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Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software giant and CrowdStrike for thousands of flight cancellations in the wake of a massive IT outage. Delta struggled more than rival airlines to recover from the outage, canceling more than 5,000 flights in the days following the July 19 incident, which was sparked by a botched software update from CrowdStrike and affected millions of computers running Microsoft Windows. More: cnb.cx/3SGNlmW