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Lake Oswego in Oregon.Bradley Hebdon | Istock Unreleased | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter by Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.Lawyers for the wealthy told Inside Wealth that a growing number of states are deciding on tax incentives for investors and startup founders, potentially prompting some wealthy residents to decide to relocate.The One Big Beautiful Bill Act significantly enhanced tax relief for qualified small business stocks, known as QSBS. But some states, including Maine and Oregon, are targeting…
Days before a key summit between US President Donald Trump and Chinese leader Xi Jinping in Beijing, the US has imposed new sanctions on a number of Chinese companies over their ties to Iran. On Friday, the State Department sanctioned four companies, three of them based in China, for providing satellite imagery that it said enabled Iran to attack U.S. forces in the Middle East. Meanwhile, the U.S. Treasury Department on Friday named 10 individuals and companies, including several based in China, for helping Iran secure weapons and materials needed to make ballistic missiles and drones. “Today’s actions hold China-based…
Jerry O’Connell poses with wife Rebecca Romijn’s ex John Stamos, two years after public feudJerry O’Connell doesn’t stand by his birth name. In fact, the Stand By Me alum said no one in his life, including his own family, calls him by his legal nickname. “Well, my real name is Michael Jeremiah O’Connell,” Jerry said during a joint appearance with his mother, Linda O’Connell, on the May 8 episode of Live with Kelly & Mark. “But I was always Jerry.” His mother agreed, revealing to hosts Kelly Ripa and Mark Consuelos that the 52-year-old’s “real name is Michael Jeremiah Witkowski…
Check out the companies making the biggest pre-market moves: Akamai Technologies — Shares soared 27% after the cybersecurity and cloud computing company announced the leading U.S.-based frontier model provider committed to investing $1.8 billion over seven years in its cloud infrastructure services. Akamai also reported higher-than-expected first-quarter adjusted earnings, while revenue was in line with expectations. CoreWeave — The cloud infrastructure company fell 7% after its second-quarter revenue outlook missed Wall Street’s expectations. CoreWeave’s sales are expected to be in the range of $2.45 billion to $2.6 billion. The midpoint of $2.53 billion was below the LSEG consensus call of…
Rihanna’s three children are becoming quite the artists. The “Love on the Brain” singer, who shares sons Raza, 3, Riot, 2, and daughter Rocky, 7 months, with A$AP Rocky, had the young child’s artwork tattooed on her left foot courtesy of celebrity tattoo artist Bang Bang. The body art, a giant doodle containing lines of varying thickness, was “designed by her baby,” Bang Bang (real name Keith McCurdy) wrote on Instagram on May 8, along with footage of the tattoo process. While the original drawing was done with colorful markers and decorated with Paw Patrol stickers, Rihanna kept it simple…
Helaman | E+ | Getty ImagesWhen it comes to saving for retirement, most women (71%) express some confidence in their ability to save cash, according to a new Vanguard survey. But experts say many of them may also want to evaluate where they keep that money.According to a nationally representative Vanguard survey of 1,007 adult women conducted in April, nearly half (51%) of women hold their retirement funds in traditional checking and savings accounts or in cash. Almost half of cash savers, 46%, have most of their money in accounts with returns of less than 3%, and those accounts are…
CNBC’s Jim Cramer said the market remains overwhelmingly driven by enthusiasm for semiconductor and data center stocks, and next week will test whether investors continue to reward nearly every positive development related to AI.”This market just keeps going up and up on the same old stuff: news about semiconductors, more old news about semiconductors, reinterpreted news about semiconductors, and even pure speculation,” the “Mad Money” host said Friday. “Every little bit of positivity helps the group go higher.”of Nasdaq Composite and S&P500 Both stocks hit new intraday highs and closed at their highest prices on Friday, driven by AI-related stocks.…
After 30 years, police may finally be close to finding Kristin Smart. The California college girl who disappeared in 1996 at the age of 19 was declared legally dead in 2002, but it wasn’t until 2022 that a jury convicted Paul Flores of first-degree murder in her case. Authorities now believe human remains may have been found on the property of Paul’s mother, Susan Flores, in Arroyo Grande, California. Soil testing indicates that human remains are or may have once been on the property, San Luis Obispo County Sheriff Ian Parkinson said at a May 8 press conference. “We believe…
U.S. Secretary of State Marco Rubio speaks to reporters at the U.S. Embassy in Rome, May 8, 2026. Stefano Lerandini | AFP | Getty ImagesUS Secretary of State Marco Rubio said the US expected a response from Iran on Friday on proposals to end the war.”We need to know something today. … We are expecting a response from them,” Rubio told reporters Friday in Rome, where he was visiting Pope Leo XIV, when asked about the status of negotiations with Iran.”We will see what the response will be. We hope that it will lead us into a serious process of…
When President Donald Trump launched the “Gold Card” visa program last December, the official website promised that people could settle in the United States in “record time.” But new court filings suggest applicants who paid $1 million for a gold card won’t be able to get a visa sooner.The Gold Card has been touted as a new type of investment visa that will generate revenue and draw tens of thousands of foreign millionaires and billionaires to the United States, but it has been plagued by delays and legal issues. In December, Secretary of Commerce Howard Lutnick predicted the government would…