This story is part of CNBC Make It’s Millennial Money series, which profiles people around the world and details how they earn, spend and save their money. Her health insurance plan covered the entire cost of her surgery, but her savings account allowed her to feel financially secure during a trying time. Plus, they’re conscientious shoppers and stick to shopping mostly at Trader Joe’s in an effort to save more money. She has around $25,000 in her high-yield savings account, which she plans to u

O’Neal told CNBC Make It he isn’t so sure politics belong in sports. I’m just not going to talk about it,” O’Neal told CNBC Make It in December at the Sports Illustrated Sportsperson of the Year event in New York City. “I can tell when a person is really motivated by doing it or I can tell when they are just trying to get likes,” he added. “I don’t speak out and I don’t disrespect people,” O’Neal tells CNBC Make It. “If I ever disrespect a person, it’s going to be a basketball player, and I’m on

Twenty-six years ago, Jeff Bezos had an idea that inspired him to quit his stable job at a hedge fund in New York. He moved to the suburbs of Seattle to work out of his garage and build a business that would ultimately become Amazon. Bezos launched the business as an online book seller in 1995, and today the e-commerce behemoth has a market capitalization of over $926 billion. “What’s actually happened over the last 25 years [at Amazon] is way beyond my expectations,” Bezos said during a firesid

Over the next decade, millennials are expected to inherit over $68 trillion from their baby boomer parents, according to an Oct. 2019 study from real estate firm Coldwell Banker. An inheritance tax is a state tax that you pay when you receive money or property from the estate of a person who has died. The six states that collect an inheritance tax are: Iowa, Kentucky, Maryland, Nebraska, New Jersey and Pennsylvania. Each state has its own set of inheritance tax rules, exemption amounts and rates

Google Maps tracks everywhere you go on your iPhone or Android phone, and then keeps a log of this information in a “Timeline” that shows you everywhere you’ve been. It’ll show you if you were driving, walking or on a train, and any pit stops you might have made during your journey. Sometimes this information can be useful, like if you want to remember the restaurant you ate at on Nov. 7 in New York City. (For me, it was Philippe Chow), and what you did before and after that. Here’s an example o

J.P. Morgan analyst and longtime General Electric bear Stephen Tusa poured cold water on the industrial giant’s recent stock run-up, saying in a note that “the price is wrong.” GE shares are up more than 33% over the past three months. The company on Oct. 30 hiked its 2019 cash flow outlook and reported quarterly results that beat analyst expectations. GE said it expects its free cash flow — a closely watched efficiency gauge for companies — to range between flat and $2 billion for 2019. But Tus

Since the explosion of student debt following the Great Recession, annual repayment rates, or the amount of existing balances lowered, have been just 3%, Moody’s said. Just 51% of borrowers whose took out loans from 2010-12 have made any progress at all in paying down their debt. Presidential candidates, particularly on the Democratic side, have made reducing or eliminating student debt a cornerstones of their campaign. In the meantime, the burden of student loans continues to be felt with an 11

Cleveland Browns wide receiver Odell Beckham Jr. celebrates after the LSU Tigers beat the Clemson Tigers in the College Football Playoff national championship game at Mercedes-Benz Superdome. The New Orleans Police Department obtained an arrest warrant for NFL star Odell Beckham Jr. following an alleged incident with a security guard after the Louisiana State University championship victory. The warrant for the Cleveland Browns wide receiver and former LSU player is related to a misdemeanor char

FBI agents on Thursday visited the Connecticut home and business of Robert Hyde, a Republican congressional candidate whose purported surveillance of the U.S. ambassador in Ukraine last year has become an issue in the impeachment of President Donald Trump. The Senate on Thursday began its impeachment trial of Trump. A neighbor of Hyde told NBC that one FBI agent arrived at Hyde’s residence before dawn and parked on the street in front of the home. The neighbor spoke to the FBI agent and said to

Morgan Stanley shares popped after the firm exceeded analysts’s profit estimates and each of its three main businesses produced more revenue than expected. In a quarter in which competitors from J.P. Morgan Chase to Goldman Sachs posted huge rebounds to fixed income trading revenue, analysts wanted to see if Morgan Stanley would follow suit. Gorman has tilted Morgan Stanley towards wealth management and overhauled its once-struggling bond trading division. Last month, Morgan Stanley cut roughly

Morgan Stanley lowered its rating on Tesla on Thursday and said it thinks investors will be presented with a better chance to buy the stock in the future at a lower price. The firm downgraded the stock to underweight (equivalent of sell) from equal weight. At the same time, it raised its price target to $360 from $250 to account for the rally in the stock. The shares fell nearly 3% in premarket trading Thursday following the Morgan Stanley call, the third downgrade since the start of the year, a

UK ‘investable again’ for foreign investors, strategist saysSimon Gergel, CIO of U.K. equity at Allianz Global Investors, outlines the investment case for British assets.

Surging oil production from non-OPEC countries led by the United States and abundant global stocks mean the market can weather political shocks such as the U.S.-Iran standoff, the International Energy Agency (IEA) said on Thursday. “For now the risk of a major threat to oil supplies appears to have receded,” the Paris-based IEA said in a monthly report. “Today’s market, where non-OPEC production is rising strongly and OECD stocks are 9 million barrels above the five-year average, provides a soli

Hugh Grant has defended Prince Harry and Meghan Markle’s decision to spend more time out of the U.K. and has lambasted widespread coverage and criticism of the move in the British media. He initially deflected the question, after Cohen asked: “What are your feelings on Megxit?” but then explained in a video posted on YouTube by Sirius XM on Tuesday: “I’m rather on Harry’s side I have to say. I think, as a man, it’s his job to protect his family, so I’m with him.” Diana, Princess of Wales, died i

The United States has slowly lost interest in Europe as other countries and regions have enjoyed surging economic growth and influence, German Chancellor Angela Merkel told the Financial Times. This also means that Europe is no longer, so to say, at the centre of world events,” Merkel told the FT in an article published Wednesday. In 2011, former U.S. leader Obama said the Asia-Pacific region was the “top priority” for the United States. Merkel argued that Europe “needs to take on more responsib

The U.S. airstrike that killed Iran’s top commander showed Tehran that it can’t get away with its provocations, but won’t stop the country from continuing with its agenda, a former chief of Saudi intelligence told CNBC. “This was a sort of a wake-up call to the Iranian government and the Iranian leadership that they can’t get away with it.” That’s because the Iranian leadership has an “agenda and a project,” he said. Tehran has used “surrogates” such as Hezbollah in Lebanon and the Houthis in Ye

BloombergRussia saw extreme political upheaval on Wednesday with constitutional reforms announced by President Vladimir Putin leading to the resignation of government. By the end of the day, Putin had also proposed a new prime minister and political commentary was rife with speculation over the strongman’s strategy and grip on power. one notable change would be that the Duma (Russia’s parliament), rather than the president, would appoint any prime minister. Here’s a selection of comment and anal

Swedish environmental activist Greta Thunberg watches as U.S. President Donald Trump enters the United Nations to speak with reporters in a still image from video taken in New York City, U.S. September 23, 2019. REUTERS | Andrew Hofstetter | File PhotoPresident Donald Trump and Swedish climate activist Greta Thunberg will both attend the World Economic Forum (WEF) next week, stirring up a heightened sense of intrigue in the Swiss Alpine town of Davos. Trump is set to travel to the picturesque sk

Bolt, the European challenger to ride-hailing giant Uber, has secured 50 million euros ($56 million) in debt financing from the lending arm of the EU. Tallinn, Estonia-based Bolt is one of several firms looking to chip away at Uber’s dominance in the ride-hailing space. Founded in 2013, the firm was initially called Taxify but since changed its branding to offer more services like scooter sharing and food delivery. That also means investing in Bolt’s main line of business, ride hailing, as well

U.S. stock index futures were higher Thursday morning ahead of another batch of corporate earnings. ET, Dow futures rose 44 points, indicating a positive open of more than 173 points. U.S. equities gave up most of their gains Wednesday, after a much-anticipated ceremony at the White House where President Donald Trump and Chinese Vice Premier Liu He signed a “phase one” trade deal. As a result of the deal, U.S. exports to China should in theory rise to $263 billion in 2020 and $309 billion in 202