The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
Boeing says the airline industry will need 44,000 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Overall, extortion by email is growing significantly, according to the FBI's Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported...Technologyread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according...Retailread more
When it comes to protecting his million-dollar smile, Floyd "Money" Mayweather puts his money where his mouth is.
The boxer, who is preparing for the biggest bout of his career, on May 2 versus Manny Pacquiao, spends more than $25,000 per mouth guard, according to his longtime dentist. But $25,000 doesn't just buy any mouthguard. For Mayweather, it means extravagant, one-of-a-kind designs, extensive testing and cross-country trips for on-site fittings at his Las Vegas gym.
"We have done mouthguards with jewels, gold flakes, guards that match three of his cars, you name it," said the boxer's dentist, Dr. Lee Gause, owner of Iceberg Guards.
"Floyd is on another level with what he requests," he said.
Gause's latest work features a clear mouthguard stuffed with a $100 bill that peeks through. It was inspired by Mayweather's business acumen and the big money surrounding the fight.
"Floyd is rocking the charts not only from a sports standpoint, but also from a business standpoint," said Gause.
The May 2 fight is already breaking records. Priced at $89 for standard defintion pay-per-view, and $99 for HD on PPV, it's the most expensive fight in history.
Tickets for the event on the secondary market average $10,122 and run to $67,000 for a ringside seat, according to TiqIQ. According to some estimates, Mayweather could bank more than $120 million from the fight, which will secure his place as the highest-paid athlete in the world. Mayweather has earned more than $400 million in the ring since turning pro in 1996, according to Forbes.
As the 38-year-old, undefeated, five-time world champion prepares for what's being called "the Fight of the Century," Gause and his team have been at work to ensure his mouthguard fits perfectly and is comfortable come fight night.
"When I go back and look at the (Miguel) Cotto fight, Cotto was choking on his mouthguard, gasping for breath and repeatedly taking it out of his mouth while Mayweather was in his corner speaking with his mouth guard in, drinking water—never taking it out," said Gause, who says his mouthguards enhance air flow.
Gause and his team start with an impression, then mold the guard and fly to Las Vegas to put it to the real test. Mayweather practices everything from fighting to jumping rope with his mouthguard in, providing feedback on its fit. Up to 10 models later, and after customization, the mouthguard is ready for primetime.
The $25,000 price tag may seem steep, but it requires hours of work.
"If you count the hours of labor, the travel, the cost it takes to get to the final mouthguard … it's not really charging a lot money," Gause said. Typically, he charges $260 for a custom guard.