#FINANCIAL_LITERACY

At first, Kelly Ifill had no interest in following in her family's footsteps.

Her father has a long-running contracting business. Her grandmother ran a cleaning service. Her aunt, uncle and even some cousins have experienced the highs and lows of running a small business.

"I had no interest in being an entrepreneur," Ifill, 37, tells CNBC Make It with a chuckle. "I was like, 'I don't want that. It looks hard!'" Instead, she was a schoolteacher, then an MBA candidate and a staffer for seed-stage...

“Bitcoin and any cryptocurrency at this point has not really established itself as a credible institutional investment,” Minerd said Wednesday during a Bloomberg Television interview from the World Economic Forum in Davos, Switzerland. “Everything is suspect.”

Minerd said his firm bought Bitcoin at $20,000 and sold w...

on't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

Bitcoin (BTC) and ether (ETH) lost pivotal support levels in the past 24 hours amid weakening sentiment for the broader crypto market – a move that caused over $520 million in liquidations, data shows.

Ether-tracked futures lost upwards of $236 million, nearly double those of $125 million on bitcoin futures. The losses were unusual for ether, which mostly sees...

President Barack Obama knows how to rule a country — and how to make money.

Since leaving office in 2016, AfroTech has been keeping up with America’s favorite President and his subsequent money moves. Whether he’s teaching college courses, joining NBA Africa, or launching a podcast series with Spotify, Barack Obama has been working hard for the money.

In fact, Obama has been richer than he’s ever been in his life. Since leaving office, he’s grown his net worth by $70 million, and acco...

Walmart, controlled by the family, fell 11% in New York trading after the Bentonville, Arkansas-based company reported earnings that lagged analysts’ estimates. Soaring inflation heaped pressure on the retailing giant’s profit margins in the first quarter, testing the company’s appetite to raise prices.

Read more: Walmart Slides After Cutting Profit Forecast on Rising Costs

The f...

After buying stock in Rivian — the electric vehicle maker that promised a hotly anticipated SUV or truck version of a Tesla — at $72 a share, San Francisco tech program manager Carter Gibson wasn’t thrilled when the price dropped to an all-time low of $19.25 this past week.

A Wall Street darling, backed by Ford and Amazon, the latter of which placed an order for 100,000 electric delivery trucks, Rivian Automotive Inc. had the biggest IPO of 2021. The company was valued at more than Gener...

WASHINGTON (AP) — Chair Jerome Powell on Tuesday underscored the Federal Reserve's determination to keep raising interest rates until there is clear evidence inflation is steadily falling — a high-stakes effort that carries the risk of causing an eventual recession.

The Fed's increases in its benchmark short-term rate typically lead, in turn, to higher borrowing costs for consumers and businesses, including for mortgages, auto loans and credit cards.

“What we need to see is inflation comi...

Crypto investors no longer know where to turn.

Crypto pricing is now correlated with the stock market, which means that, as the saying goes, when the stock market coughs, digital-currency prices catch pneumonia.

This has persisted this year due to fears of recession. That concern in turn has been fueled by inflation, which is at its highest in 40 years, and by the continuing disruption of supply chains, most recently made worse as covid-19 resurged in China.

Investors have been liquidating asset...

Coinbase on Tuesday warned it could absorb its users' crypto as property in the unlikely event of bankruptcy.

The acknowledgment put some crypto-watchers in a tizzy as it appeared to go against a core tenet of the decentralized finance movement: giving people complete control and ownership of their ...

The billionaire disclosed an offer on April 14 to buy Twitter for $54.20 a share and take it public. Initially there was some skepticism over where the world’s richest person would come up with the cash equity to fund the ...

Karen Thomas, CFA

Freelance Contributor

Netflix shined during the pandemic. When stay-at-home orders prevented folks from going out, the company posted blockbuster subscription and revenue growth. The stock became a pandemic darl...