The ‘Euro Bridge’ sound and light show followed by fireworks introduces the launching of the euro 01 January 2002 on the esplanade of the Cinquentenaire park in Brussels. Ratings agency Moody’s has issued a “negative” annual outlook for sovereign creditworthiness in the euro area for 2020, downgrading the bloc from “stable” this time last year. The report published Tuesday cited the “deteriorating global environment” and suggested that euro area economies are vulnerable to rising protectionism a

Sony won’t be going to this year’s E3 event in Los Angeles. The company’s PlayStation arm, Sony Interactive Entertainment (SIE), told several industry outlets that it wouldn’t be attending the show, which is put on each year by the Entertainment Software Association (ESA). Sony said the event didn’t line up with the company’s strategy for 2020. “After thorough evaluation SIE has decided not to participate in E3 2020. “We will build upon our global events strategy in 2020 by participating in hund

Depending on your interests, there are plenty of ways to earn an extra dollar. Here are some side jobs could help get you achieve your money goals — and you can get started right now:1. Set your rates, availability, and the kinds of dogs your comfortable with and begin booking jobs with your smartphone. Once you’re set up, you’ll need to identify your preferred skill areas, set your rates, and availability. Glassdoor shows server rates range from $9 an hour on the lower end to $20 on the higher

Heide BenserCongress has squashed a strategy that allows wealthy people to pass large retirement accounts to heirs. The Secure Act became law at the end of 2019, and took effect on Jan. 1, 2020, overhauling the way many people save for retirement. The new legislation contains a rule that would force most heirs to draw down inherited retirement accounts within 10 years of the original owner’s death. This way, young heirs get the benefit of “stretching” the IRA’s tax-deferred growth over many year

It’s becoming a common scenario: You’re creeping closer to your 65th birthday, which means you’ll be eligible for Medicare, yet you already have health insurance through work. Here are the Medicare rules that apply to would-be beneficiaries who are still working, along with costs to consider. The basicsOriginal, or basic, Medicare consists of Part A (hospital coverage) and Part B (outpatient and medicare equipment coverage). Having qualifying insurance — i.e., a group plan through a large employ

Of course, no one needs to shed any tears for the money Bloomberg is losing. That could change of course, but we know Bloomberg won’t be getting any momentum from the states holding primaries and caucuses before March 3 where he isn’t even running. Of course, no one needs to shed any tears for the money Bloomberg is losing. But that doesn’t excuse the people like Bloomberg campaign manager Kevin Sheekey. So should the Bloomberg campaign’s chief communication’s officer Jason Schechter.

Ev Williams’ Obvious Ventures announced Tuesday that it raised $271,828,182 for its third fund, bringing its total size to about $585 million. The post referred to the company’s early investment in the alternative meat start-up Beyond Meat, which went public in 2019. “That’s been a fantastic return for us and a fantastic proof point for the work we do,” James Joaquin, Obvious co-founder, told “Squawk Box.” “We don’t think of ourselves as impact investors,” Williams, a Twitter co-founder, said. F

Instacart isn’t budging on the default tip rate on its platform amid growing calls for food and grocery delivery companies to increase payouts to contract workers. Nilam Ganenthiran, Instacart’s president, said the current 5% rate is appropriate as the default, though customers have the option of giving more. “I truly think it’s right for our shoppers, right for our customers and right for the ecosystem,” Ganenthiran told CNBC. Workers, who have lobbied the company to reinstate the 10% default t

Amazon CEO Jeff Bezos will face a wave of protests from small business owners when he travels to India this week. The CAIT claims Amazon is hurting small businesses by using heavy discounts to lure shoppers online and away from brick-and-mortar stores. “These preferred sellers are also alleged to be affiliated with or controlled by Flipkart/Amazon either directly or indirectly.” Amazon and Flipkart were forced to alter their operations in the country after India enacted new e-commerce rules in D

But if clean food isn’t enough, customers can also get a boost from vitamins delivered intravenously at the NutriDrip bar. The service is growing in popularity and attracting customers from fitness and lifestyle companies like Equinox to some major hotel chains. NutriDrip sells 15 vitamin infusions administered by medical professionals via an IV drip that takes about 30 minutes. Founded five years ago, NutriDrip is looking to expand in 2020 with a Series A funding round in the first half of this

The Women’s National Basketball Association agreed to a new collective bargaining agreement that includes a 53% pay raise for players, maternity and fertility benefits and overhauls the structure of the season for women’s professional basketball, the league announced Tuesday. Players also won some better benefits, including paid maternity leave, fertility and adoption services, marketing and improved travel conditions. WNBPA President Nneka Ogwumike said Engelbert “brought her perspective as a f

Wells Fargo on Tuesday said fourth-quarter profits fell as persistent low interest rates and litigation charges weighed on its financial results. Per-share adjusted earnings were 93 cents, well short of the $1.12 per share forecast by Refinitiv. The bank also took a financial loss in part related to the retail sales scandal that has plagued Wells Fargo since 2016. The litigation costs pushed noninterest expenses up 17% in the fourth quarter from a year earlier despite efforts to keep costs under

In this photo illustration the Netflix logo is seen displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)Goldman Sachs raised its price target on Netflix to $450 per share from $400 per share, anticipating strong results this year. Goldman’s new price target implies more than 32% upside for the streaming company, which closed at $338.92 per share on Monday. Terry said Netflix’s strong content and “highest quality Original release slate to dat

Tesla CEO Elon Musk views the new Tesla Model Y at its unveiling in Hawthorne, California on March 14, 2019. Analysts at Jefferies and Deutsche Bank increased price targets for Tesla on Tuesday, with both interpreting the electric automaker’s recent production milestones as a strong sign for the year ahead. Deutsche Bank is not quite as optimistic, as even the firm’s increased price target expects Tesla’s stock to slip 13%. But Deutsche analyst Emmanuel Rosner left room to the upside when explai

WASHINGTON – The House of Representatives is preparing for a Wednesday vote to transmit articles of impeachment against President Donald Trump to the Senate, members told reporters Tuesday. Wednesday’s House resolution is expected to have three functions: To transmit the articles of impeachment to the Senate, name the House members who will serve as managers of the impeachment trial, and fund the trial itself. Pelosi has yet to announce who she has selected to serve as impeachment managers, the

Consumer advocate Ralph Nader: New Boeing CEO remains part of the problemBoeing is expected to cap a rocky 2019 with weak December delivery numbers. The data will be released on David Calhoun’s second day as CEO. Consumer protection advocate Ralph Nader, who lost a niece in one of the 737 Max crashes, joins “Squawk Box” to discuss.

Apple, the biggest U.S. company by market capitalization, has the potential to top a $2 trillion valuation by the end of next year, Wedbush said. Ives is one of the biggest Apple bulls on Wall Street with a 12-month forecast of $350 on the stock. The longtime tech analyst also predicted Apple’s services business to reach $500 billion to $650 billion in sales, becoming a key revenue stream for the tech giant. The new target makes UBS the second biggest Apple bull, only next to D.A. “IPhones shoul

Worried about your debt? Consider this: The U.S. is $23 trillion in the red. Today, the country owes over four times more than it did in 2000, when the national debt stood at around $5 trillion. “Like any budget that you have in your household, we have too little income and too many expenses,” said Ted Jenkin, certified financial planner and CEO and founder of oXYGen Financial in Atlanta. Our biggest expenses as a country include Social Security, Medicare, defense — and the interest on all that

A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. J.P. Morgan just kicked off earnings season with a smash, paving the way for Goldman Sachs to be the next big bank to crush Wall Street’s forecasts, according to Wells Fargo. Shares of J.P. Morgan jumped more than 2% on Tuesday after reporting profit and revenue that crushed analysts’ expectations on a strong rebound in trading revenue at the end of last year. The bright spot was that J.P. Morgan’s

GMDETROIT – General Motors wants to replicate the success of its “money machine” Denali lineup of pickups and SUVs to boost profits as auto sales slow and competition in the lucrative truck market increases. It’s designed to be up there right with Denali,” Aldred told CNBC during a phone interview. That compares to Denali models, which represented 30% of sales in 2019, that include additional chrome and more luxurious features and amenities. The average price paid by customers for Yukon models w