As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Activists with Black Lives Matter, who met privately with Buttigieg in the weeks after police shot and killed Eric Logan, say the 37-year-old mayor brushed off their concerns...2020 Electionsread more
Trump said he "is revoking" a federal waiver that allowed the state to craft its own rules on greenhouse gas emissions from vehicles.Politicsread more
Wall Street economists think the Fed will cut rates by 25 basis points at its September meeting but have differing views about what will happen in the future.Marketsread more
The Business Roundtable said its members forecast that growth this year will clock in at 2.3%, down from last quarter's estimate of 2.6%.Politicsread more
The unspecified action comes after the U.S. accused Iran of carrying out the weekend attacks on critical Saudi oil installations.Politicsread more
Drone and missile debris recovered by investigators at the Saudi Aramco attack site is proof of Iranian culpability, a Saudi defense ministry representative told media on...World Politicsread more
Four Wall Street firms downgraded FedEx after the company's poor earnings report.Marketsread more
Some worry the regulators will squander an opportunity to crack down on potentially monopolistic behavior due to their own infighting.Technologyread more
FedEx CEO Fred Smith is "basically implying that we're going to import" a global slowdown," says CNBC's Jim Cramer.Investingread more
Oil prices retreated after President Donald Trump said he ordered the Treasury Department to "substantially increase" sanctions on Iran.Energy Commoditiesread more
But because he started his company in college, he's already amassed quite a fortune despite his young age. His net worth is around $74 billion (according to Forbes), which means he's amassed an average of $5.97 million per day. That's second only to Amazon founder Jeff Bezos, whose approximate $132 billion fortune averages out to about $6.8 million each day of his life.
Other tech entrepreneurs, like M co-founder Bill Gates, also started their careers young — Gates was the youngest billionaire ever in 1987, when he earned his first billion at age 31. But as he has aged, Gates has turned his attention to philanthropy — now, at age 62, Gates's lifetime average comes out to just about $4 million per day. Berkshire Hathaway's Warren Buffett, who has pledged much of his fortune to Gates' foundation, nets about $2.7 million a day at the age of 87.
Zuckerberg, too, has turned much of his Facebook fortune to other causes in recent years. He has sold about $3.38 billion of Facebook stock over the past six months, according to FactSet, mostly to put toward the Chan Zuckerberg Initiative, which invests in a broad range of causes including education, health care, affordable housing, immigration reform and criminal justice reform.
Zuckerberg said in September he would sell as many as 75 million Facebook shares (then worth $12.8 billion) for CZI over the following 18 months.
Despite scrutiny on Facebook's business practices, shares have risen 6 percent so far this year, more than Google.
— CNBC's Nick Wells contributed to this report.