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The longest government shutdown in U.S. history has ended, but it could take days — and in some cases a week or more — before normal operations resume.Payroll systems must be updated to pay out weeks of back wages. Backlogs of grant disbursements, loan applications and customer calls that went unanswered for 43 days will now need to be cleared. Delayed environmental permits, workplace inspections and contracting activities have stacked up across federal agencies.The work of re-opening the government couldn’t officially launch until the funding bill passed both chambers of Congress and had President Donald Trump’s signature late Wednesday. The…

This as-told-to essay is based on a conversation with Jasmine Austin, a kindergarten teacher in Richmond, VA. The following has been edited for length and clarity.I knew I wanted to own a home one day, but I didn’t imagine it would happen while I was a single woman on a teacher’s salary — or that the process would feel so logistically manageable.In 2020, I was 24 and began considering getting my own place after living with my parents for my whole life. That year, during the pandemic, they said they planned to downsize in the next two years — but…

Fiserv Inc. Chief Executive Officer Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant’s stock last month, rejecting speculation that accounting issues played any role in the company’s recent woes. Lyons said he had ordered a “rigorous” deep-dive analysis in conjunction with the firm’s annual strategic planning and budgeting processes, which it completed ahead of its earnings release on Oct. 29. The analysis uncovered trouble spots including uneven performance, misplaced priorities, and the fading boost from high-growth markets such as Argentina. “Nothing had anything to do with accounting,” Lyons said…

FILE PHOTO: A Boeing logo is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025.Benoit Tessier | ReutersBoeing defense workers approved on Thursday on a new contract that will end a more than three-month strike that has delayed the manufacturer’s production of F-15 fighter jets and other programs.The workers rejected previous offers, with their union saying the proposals failed to address concerns.The contract proposal the roughly 3,200 workers voted on Thursday includes 24% wage increases over five years as well as a $6,000 up-front bonus, up from $3,000, though it gets rid of…

The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation. The maximum limit for 401(k) plans as well as 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan grew to $24,500 in 2026, up from $23,500 for 2025, the IRS announced Thursday as employees returned from the record-setting government shutdown. The upper limit on annual contributions to an IRA grew to $7,500, up from $7,000. The IRS usually announces the retirement planning contribution limits the same week as the tax brackets and other annual inflation adjustments, but this year the tax…

Verizon chairman Mark Bertolini said Thursday that the company’s new CEO, former PayPal boss Dan Schulman, is working to revive Verizon from its period of share losses under former CEO Hans Vestberg.Bertolini, who is also the Oscar Health CEO and who was named Verizon chairman last month, told CNBC’s Becky Quick on “Squawk Box” that the company needs to “do something different” as it undergoes its leadership change.”Verizon has gone from number one in market cap, bond ratings and market share to number three. And the network isn’t as differentiated as it used to be, in large part because everybody’s…

A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. It’s day 14 of the Disney – YouTube TV standoff. This marks the longest Disney carriage blackout ever, topping 2024’s DirecTV dispute, which lasted 13 days. From what I’ve heard, the sides have moved significantly closer to making a deal, with a lot of progress made in the past 24 hours. I can verify the sides were discussing…

Instagram isn’t just competing with TikTok’s algorithm and content. It’s also trying to claim a stake in the creative process.In April, Instagram unveiled its stand-alone video editing app Edits — directly competing with CapCut, owned by TikTok parent ByteDance.”Our vision for it is really to be an end-to-end creative studio,” Brett Westervelt, Instagram’s VP of design, told Business Insider.Six months in, Instagram is sharing some data around Edits’ momentum.About half of the people “watching reels on Instagram” are seeing content that was made using the Edits app, Westervelt said. And in the third quarter, the weekly number of people using…

Row of single-family detached houses in Alexandria, Virginia.Grace Cary | Moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Fractional ownership isn’t exactly a new concept in real estate, but one company is taking it to a new level, with the help of new funding from big-name investors. It’s creating a so-called stock market for…

Swissmediavision | E+ | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Keeping wealth in the family is easier than controlling how your heirs invest it.For investment firms of ultra-wealthy families, the stakes are especially high. A recent Bank of America survey of 335 family offices, with 60% of respondents holding at least $500 million in assets, found that 87% had yet to pass down assets to the next generation.More than a third of family offices…