California is a reserve. Its public pensions invest in companies that work with ICE

California is a reserve. Its public pensions invest in companies that work with ICE

California’s two largest pension funds invested more than $2.7 billion with companies that contract with Immigration and Customs Enforcement or the Department of Homeland Security, a new analysis shows. CalPERS, a nationwide megafund for public employees, has invested about $1.6 billion in technology firm Palantir, weapons manufacturers General Dynamics and L3Harris, and telecommunications companies AT&T … Read more

Wall Street’s tough month, Powell’s inflation outlook, GLP-1 investment and more on Morning Squawk.

Wall Street's tough month, Powell's inflation outlook, GLP-1 investment and more on Morning Squawk.

This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Tuesday. In a partnership you may not have seen coming, Warren Buffett is teaming up with the NBA’s Stephen Curry to launch his own charity lunch. Stock futures are rising this morning. The S&P 500 finished yesterday’s meeting in … Read more

A former financial advisor believes years of mistakes will cost him $750K. Avoid these bad habits to grow your wealth

A former financial advisor believes years of mistakes will cost him $750K. Avoid these bad habits to grow your wealth

The former financial advisor says his costliest mistake wasn’t a bad investment—it was waiting too long on the sidelines. Humphrey Yang, who now shares money advice with millions of people online, recently learned that the seemingly safe habits he had in his 20s and early 30s were costing him a fortune. He said: “For 10 … Read more