Money

Move over, Robinhood, here comes Goldman Sachs. The prestigious investment bank, known mainly for advising the affluent how to manage their money and for helping to engineer big deals on Wall Street, unveiled a new robo-adviser Tuesday for the average investor. Marcus Invest, an offshoot of the company’s Marcus retail banking arm, will let Goldman

Breaking off a piece of that vegan KitKat bar is now a reality. Nestlé is launching a non-dairy version of the popular candy bar, called KitKat V. The Swiss company is jumping on the the plant-based alternative food trend. Nestlé promises the new candy still has the “perfect balance between crispy wafer and smooth chocolate.”

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “We’re back,” Mark Preston said on the phone from Wisconsin Monday night. “The CNN town halls are back.” President Biden will be fielding questions from Wisconsinites at a CNN town hall Tuesday at 9 p.m.

Elon Musk wants to have a conversation with Vladimir Putin on his new favorite social media app: Clubhouse. On Saturday, the Tesla CEO tagged the Kremlin’s official account to ask if the Russian president would like to join him in a conversation on the audio-only app. “Would you like join me for a conversation on

HBO Max will feature many big movies this year — all of Warner Bros.’ 2021 film slate, in fact. However, one of the biggest movies hitting the new service isn’t from 2021. It’s not even new; it’s a fresh take on a film from four years ago. On Sunday, the service released the latest trailer

Tesla’s $1.5 billion investment in bitcoin has helped legitimize the cryptocurrency as an investment, leading analysts and traders to ask which blue chip company will be the next to take the plunge, buying bitcoin for its corporate balance sheet. Wall Street analysts have peppered executives at other high-profile companies about possible bitcoin forays during recent

Many French workers can now eat at their desks without breaking the law. To help curb the spread of Covid-19, the country has suspended a longstanding prohibition on desk lunches, according to a government decree published Sunday. The lunch break, or “la pause déjeuner,” has long been considered sacrosanct in France. Until now, French labor

People are obsessed lately with trying to find a way to get rich quick through short-term trades. Just look at bitcoin, GameStop or cannabis stocks. Sure, traders can make a fast profit. But many people following the money on Reddit with their Robinhood accounts are engaging in speculative, risky behavior. This isn’t long-term investing a

Mario Draghi, Italy’s new prime minister, is no stranger to high-stakes jobs. In 2012, the former European Central Bank chief won international acclaim after pledging to do “whatever it takes” to save the euro from collapse, a promise that served as a turning point in the continent’s sovereign debt crisis. Now, Draghi faces a different,

Japan’s main stock index soared to its highest level in more than three decades on Monday as investors cheered signs of a rebound for the world’s third largest economy. The Nikkei 225 index jumped 1.9%, crossing the 30,000-point threshold for the first time since August 1990, according to data provider Refinitiv Eikon. Stocks soared after

China banned BBC World News from airing in the country, according to a statement China’s National Radio and Television Administration released last week. The BBC says China is doing a disservice to its citizens. “China is taking its place on a very short list of countries alongside North Korea and Iran that explicitly and totally

Volkswagen’s CEO Herbert Diess isn’t intimidated by Apple, even though the tech company potentially has an electric car on the way. “The car industry is not a typical tech sector that you could take over at a single stroke,” Diess said in an interview with German newspaper Frankfurter Allgemeine Zeitung. “Apple will not manage that

When the coronavirus pandemic erupted in early 2020, the ensuing border closures and stay-at-home orders brought travel and tourism to its knees. One year on, governments are using the same playbook, inflicting more pain on a sector that accounts for 10% of global GDP and a similar share of jobs. What’s happening: While some countries such

Burger King is the latest fast-food chain to establish a rewards program aimed at expanding its customer base and enticing existing patrons to be more loyal. It joins a growing number of restaurants embracing digital payments and rewards incentives during the pandemic. Beginning this week, Burger King is rolling out its new Royal Perks program

Bernard Arnault, the chairman of luxury goods group LVMH, is the latest billionaire to embrace Wall Street’s hot new way to raise money. Arnault’s investment holding company Financière Agache is joining forces with French asset manager Tikehau Capital and two high-profile European bankers to launch a special purpose acquisition company (SPAC) that will hunt for

The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying, gridlock paralyzed Washington and millions of families were about to lose crucial benefits. Fast forward two months, and the economy is still struggling — but confidence in the recovery is growing, rapidly.

Bad news for people who frequently use the 😂 emoji: It is no longer cool. In recent weeks, two internet-savvy generations have been clashing in videos and comments on TikTok over the hallmarks of millennial culture that are now deemed uncool by Gen Z. The list includes skinny jeans (Gen Z verdict: set them on

Bitcoin is this close to $50,000, continuing a stunning rise that has sent it soaring nearly $20,000 this year. The digital currency hit a record $49,714.66 Sunday before pulling back somewhat. Bitcoin is still up about 4% over the past 24 hours. Investors have sent the price of bitcoin skyrocketing during the pandemic as the

Last month, General Motors announced the “aspiration” to switch completely from traditional gas-powered cars to electric vehicles by 2035. Sunday, it took the next step on that path — a step of a few inches. The company rolled out the newest version of the Chevrolet Bolt EV, a five-door hatchback that it has been selling