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Donald Trump selects Kevin Hassett to lead National Economic Council
The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.
Published: 2024-11-27 02:14:51
Homebuyer demand for mortgages jumps 12%, after first interest rate drop in over 2 months
While the drop in rates wasn't exactly huge, there was a fair amount of pent-up demand among homebuyers.
Published: 2024-11-27 12:00:01
Generative AI's hype has yet to lead to a must-have gadget for the holiday season
Meta, Rabbit and Bee AI are offering Black Friday deals for their devices that incorporate AI, but there aren't many other generative AI gadgets on the market.
Published: 2024-11-27 13:00:01
'Moana 2'-led Thanksgiving box office could be best in post-pandemic era
The trifecta of "Moana 2," "Wicked" and "Gladiator II" could make this year's Thanksgiving box office the best in years.
Published: 2024-11-27 12:00:01
Oil watchers say inflation risks will stave off Trump's Canada tariff threat
Higher fuel prices are on the cards if President-elect Donald Trump implements tariffs on Canada, said industry experts.
Published: 2024-11-27 09:46:40
'Europe's Detroit' built a thriving car industry. Trump tariffs now threaten to unravel its success
A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First" economic agenda.
Published: 2024-11-27 06:24:04
OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by SoftBank, CNBC has learned.
Published: 2024-11-27 12:13:32
Renters struggle to build wealth, report finds. Here's how they can boost financial well-being
Renters typically have a much smaller net worth compared with homeowners in the U.S. Yet, there are ways for tenants to build wealth as they rent.
Published: 2024-11-26 21:40:29
Jim Cramer defends cryptocurrency support: 'National debt worries are never going to go away'
CNBC's Jim Cramer on Tuesday defended his stance on cryptocurrency.
Published: 2024-11-27 00:30:20
Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.
Published: 2024-11-27 10:20:47
The shipping industry is wrestling with one of its biggest challenges — seafarer shortages
The shipping industry is contending with a shortage of seafarers, and it's fueling a troubling mix of fake resumes, accidents at sea, and higher freight rates.
Published: 2024-11-27 06:44:18
Dell shares fall on light forecast despite growing AI sales
Dell is a top vendor for computers required to develop and deploy artificial intelligence, especially computers based around Nvidia chips.
Published: 2024-11-27 00:12:20
CrowdStrike's post-earnings stock drop is a buy. Here's why sellers have it all wrong
The stock drop plays right into our hands.
Published: 2024-11-27 01:29:47
Workday stock slips on light quarterly forecast
Workday called for a 25% adjusted operating margin in the current quarter, below Wall Street's estimate of 25.5%.
Published: 2024-11-26 23:06:46
This startup makes thrifting furniture far easier, even for big retailers like Pottery Barn
The New York-based startup AptDeco is an online marketplace for buying and selling used furniture that provides pick-up and delivery for items.
Published: 2024-11-26 19:26:11
Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes
The retailer's sales growth is notable at a time when discretionary merchandise and the luxury sector have been under pressure.
Published: 2024-11-26 22:33:27
36-year-old mom: I built a thriving living room Etsy side hustle, quit my job, and now earn $10,000 a month in passive income
"I have the freedom and flexibility I once dreamed of, all while doing something I love," writes Money Hacking Mama founder Rachel Jimenez.
Published: 2024-11-27 12:15:02
China's industrial profits fall by 10% in October as deflation worries linger
Industrial profits are a key gauge of the financial health of factories, mines and utilities in China.
Published: 2024-11-27 05:17:53
Reddit targets international users for ad growth, teases bolstered search feature
Reddit is ramping up efforts to attract more users outside of the U.S., with countries like India and Brazil in focus, a top company executive told CNBC.
Published: 2024-11-27 07:16:54
Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop
Samsung Electronics announced a change in leadership for its memory and foundry chip divisions.
Published: 2024-11-27 05:10:34
Pharma giant Sanofi opens $595 million vaccine facility in Singapore to prepare for potential pandemics
It will contribute about 200 skilled jobs to the city-state, and will be fully operational by mid-2026.
Published: 2024-11-27 11:39:29
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
The president-elect plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social.
Published: 2024-11-26 16:30:22
Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.
Published: 2024-11-27 00:25:54
Senate report slams airlines for raking in billions in seat fees
The Senate panel is calling airline executives to testify next week about their carriers' fees.
Published: 2024-11-26 16:46:23
Amgen says obesity drug caused up to 20% weight loss after a year, with no plateau
The results shed light on how MariTide may measure up to weight loss injections from Novo Nordisk and Eli Lilly and other experimental treatments.
Published: 2024-11-26 20:57:40
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
Published: 2024-11-26 17:08:10
Healthy Returns: Trump’s FDA pick Makary may be a relief for biotech and pharma, analysts say
Trump's FDA pick, Marty Makary, appears to be quelling fears about a major disruption to biotech and pharma. Neuralink approved for new studies, company says.
Published: 2024-11-26 19:39:46
How President-elect Donald Trump's policies may affect investors in these 8 market sectors
President-elect Donald Trump's agenda carries risks and rewards for various investment sectors, market experts said.
Published: 2024-11-26 19:22:18
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
Published: 2024-11-26 18:32:33
Here's how to maximize your tax breaks for charitable giving
If you're making a gift to charity on Giving Tuesday or over the holiday season, there are ways to maximize your tax break. Here's what to know before donating.
Published: 2024-11-26 19:42:03
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