Mike Winters

1 week ago | cnbc.com | Mike Winters

Even as more Americans tap, swipe or scan to pay, most still carry at least a little cash — and financial planners say that's a good idea. Americans keep $67 in their wallet, on average, according to a recent Federal Reserve survey on how people use their money. While cash remains widely carried, usage has been slipping: in 2024, 83% of consumers said they used it at least once in the past 30 days — down from 87% in 2023, according to the Federal Reserve.

1 week ago | flipboard.com | Mike Winters

2 hours agoThank The Fed For This Cheap 14% DividendLet me start with a prediction: the S&P 500 will gain about 5% this year—not great, but not bad, either. This isn’t really a Nostradamus-level call: I’m simply annualizing the gain the market has posted so far in 2025, as of this writing.

2 weeks ago | cnbc.com | Mike Winters

At 29, Nathanael Farrelly has sold a nursing business for $12.5 million and stepped away from full-time work to focus on family, real estate and angel investing. But back in 2017, he was a newly licensed nurse working long shifts in a hospital step-down unit — and adjusting to the chaos and intensity of the job. "I remember waking up every morning nauseous and just sick to my stomach," he says of those first few weeks.

2 weeks ago | cnbc.com | Mike Winters

You'll need to clear $330,000 in household income to be considered part of the top 5% of earners in the U.S., according to a new analysis by GOBankingRates. But in 12 states, the bar is much higher. In these places, the average income for top-earning households exceeds $500,000 a year. To determine how much income is needed to reach the top 5% in each state, GOBankingRates analyzed the most recent Census data from 2023. Each state was ranked by the average income of its top 5% of households.

3 weeks ago | nbcwashington.com | Mike Winters

Scott Olson | Getty ImagesWalmart posted its latest quarterly results Thursday morning, showing steady performance even as the retailer faces rising costs due to tariffs. For the quarter that ended April 30, Walmart reported revenue of $165.61 billion, close to Wall Street forecasts. Adjusted earnings per share came in at $0.61, beating expectations of $0.58, according to LSEG consensus data.