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Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
Published: 2024-10-04 18:59:30
Trump holds Pennsylvania rally at same venue of first assassination attempt, joined by Musk, Vance
Elon Musk spoke at Donald Trump's second Butler rally, marking the latest sign of support in their growing alliance.
Published: 2024-10-06 00:26:17
U.S. ports start 100-day countdown clock to new strike, and automation is poised to be the dealbreaker
The East and Gulf Coast ports strike deal isn't close to done, with a fight over automation between ILA union and USMX ownership group facing Jan. 15 deadline.
Published: 2024-10-04 22:39:13
How investors can position their portfolios ahead of the 2024 presidential election
Differences in GOP and Democratic economic policies mean there are nuanced ways for investors to position their portfolios based on the election outcome.
Published: 2024-10-01 10:01:01
China-linked security breach targeted U.S. wiretap systems, WSJ reports
U.S. broadband providers had networks breached in a cyberattack tied to the Chinese government that targeted wiretap requests, The Wall Street Journal reports.
Published: 2024-10-05 16:18:11
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but fewer risks than common stocks.
Published: 2024-10-05 15:00:01
Amazon bets on selling cashierless technology to retailers after pulling it from most U.S. stores
Amazon is selling its cashierless technology called "Just Walk Out" to outside retailers. CNBC gets a behind-the-scenes look at how the technology works.
Published: 2024-10-05 17:39:15
Buttigieg claps back at Elon Musk for false claims about Helene federal response
Buttigieg replied to a post from Musk that falsely claimed the FAA was closing airspace in the Hurricane Helene disaster zone.
Published: 2024-10-05 02:08:48
Tiger Woods' logo dispute with Tigeraire escalates with federal court filing
A logo dispute between Tiger Woods' apparel company Sun Day Red and Tigeraire is now in the hands of the federal court system.
Published: 2024-10-04 17:05:26
This couple bought a 110-year-old schoolhouse for $175,000 sight unseen and converted it into their family home—take a look inside
Stacie Grissom and Sean Wilson bought the schoolhouse in their hometown of Franklin, Indiana.
Published: 2024-10-05 15:00:01
A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
Dave Limp told CNBC that he only had one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin: Is it "a hobby or a business?"
Published: 2024-10-05 12:00:01
An analyst upgraded Morgan Stanley to a buy. Why we're not ready to follow suit
Shares jumped on Friday after positive Wall Street research and better-than-expected economic data.
Published: 2024-10-05 14:43:18
Maryland has the best 529 college savings plan—and you don't have to live there to use it
There may be additional benefits to opening a 529 savings plan sponsored by your home state, but you don't have to.
Published: 2024-10-05 14:00:01
51-year-old introvert overcame her 'worst nightmare' to build her $1.2 billion company
Angie Hicks, the co-founder of Angi (formerly Angie's List), started the home services company with her former boss, Bill Oesterle, when she was 22 years old.
Published: 2024-10-05 13:55:01
Three years ago, this Florida high school started a skilled trades program — now there's a waiting list to get in
Increasingly, high schoolers are looking for career-connected pathways available at a lower cost than a four-year college.
Published: 2024-10-05 13:10:54
Spirit tumbles to record low on report it's exploring a bankruptcy filing. Here's how it got here
A blocked merger with JetBlue, an engine recall and changing consumer habits contributed to Spirit's troubles.
Published: 2024-10-04 20:13:16
Venture capitalist Ben Horowitz says he plans to donate to VP Kamala Harris' campaign
In an email to Andreessen-Horowitz employees, co-founder Ben Horowitz said he planned to donate to Kamala Harris' campaign for president.
Published: 2024-10-05 00:40:33
Jamie Dimon denies Trump's claim that JPMorgan CEO has endorsed him
JPMorgan Chase CEO Jamie Dimon previously urged corporate leaders to back Nikki Haley over Donald Trump. Trump faces Vice President Kamala Harris in November.
Published: 2024-10-04 20:03:42
52-year-old worked 90-hour weeks in an oil refinery to save money for his business—now he's worth $9.5 billion
Todd Graves, the co-founder and co-CEO of Raising Cane's Chicken Fingers, is an unlikely billionaire. Here's how he built his business.
Published: 2024-10-05 16:47:35
Jim Cramer's week ahead: CPI data and earnings from Delta, Domino's and major banks
CNBC's Jim Cramer reviewed next week's top market-moving action.
Published: 2024-10-04 23:06:03
Stellantis files federal lawsuit against UAW union over strike threats
Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has learned.
Published: 2024-10-04 20:40:53
Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
Air Products shares are badly underperforming the S&P 500 for a second straight year, and the company has suffered from leadership upheaval.
Published: 2024-10-04 21:14:39
Mortgage rates spike after stronger-than-expected jobs report
The average rate on the 30-year fixed mortgage is now 6.53% according to Mortgage News Daily.
Published: 2024-10-04 17:53:26
Here's where the jobs are for September 2024 — in one chart
Hospitality and health care were two bright spots for the U.S. labor market in September, according to Friday's jobs report.
Published: 2024-10-04 17:23:28
Constellation Brands CEO downplays worries about higher tariffs if Trump wins
Constellation Brands is known for a variety of popular beer brands, including Modelo, Corona and Pacifico as well as liquor names like SVEDKA vodka.
Published: 2024-10-04 23:08:09
Biden discourages Israel from striking Iran's oil industry, crude posts best week in more than year
Though oil prices have surged this week on geopolitical tensions, they have risen from a low baseline.
Published: 2024-10-04 19:14:35
Selena Gomez couldn’t afford to go to her first Disney casting—now she’s a billionaire startup founder
Singer and actor Selena Gomez is a newly minted billionaire due to the success of her makeup brand Rare Beauty, according to a Bloomberg estimate.
Published: 2024-10-04 17:56:21
10-year Treasury yield soars after jobs report blows past expectations
In Friday's report, nonfarm payrolls grew by 254,000 in September, significantly exceeding economists' expectations.
Published: 2024-10-04 20:05:00
Zillow adds climate risk data to home listings as threats rise
More than 80% of buyers now consider climate risk when purchasing a home, according to a survey by Zillow.
Published: 2024-10-04 19:29:20
Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Rivian produced 13,157 vehicles at its manufacturing facility in Normal, Illinois, and delivered 10,018 vehicles during the same period.
Published: 2024-10-04 20:46:18