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Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

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The personal consumption expenditures price index was expected to show inflation at 2.3% in October.

Published: 2024-11-27 17:13:29

Shares of drone maker Unusual Machines soar after Donald Trump Jr. joins advisory board

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Donald Trump Jr., the son of President-elect Donald Trump, said "the need for drones is obvious" as he joined the advisory board of Unusual Machines.

Published: 2024-11-27 17:30:24

Bitcoin bounces back above $96,000 as investors eye $100,000 milestone heading into Thanksgiving holiday

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Bitcoin climbed back over $96,000 on Wednesday following a pullback this week from its recent record.

Published: 2024-11-27 18:28:21

Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months

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While the drop in rates wasn't exactly huge, there was a fair amount of pent-up demand among homebuyers.

Published: 2024-11-27 14:53:47

Donald Trump selects Kevin Hassett to lead National Economic Council

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The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.

Published: 2024-11-27 15:00:34

'Europe's Detroit' built a thriving car industry. Trump tariffs now threaten to unravel its success

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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

Early retirement comes as a surprise for many workers, study finds. Here's how to manage that financial shock

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Retiring early is the dream for many workers. But many individuals find themselves forced to call it quits because of health, career or family circumstances.

Published: 2024-11-27 15:39:11

In-N-Out turned a simple $4 burger into a cult favorite and now brings in $2 billion a year—here's how

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Known for its fresh ingredients, straightforward menu, and passionate following, California-based In-N-Out Burger brings in $2 billion a year.

Published: 2024-11-27 15:42:43

'Moana 2'-led Thanksgiving box office could be best in post-pandemic era

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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 15:14:32

Meta, Rabbit and Bee AI have Black Friday deals, but there's no must-have AI gadget yet

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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 16:13:16

Why exchange-traded funds are a 'growth engine' of active management

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Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.

Published: 2024-11-27 18:07:26

NFL star Rob Gronkowski wanted to 'go big' with his first investment at age 25: Now his Apple stock is worth more than $600,000

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Super Bowl champion Rob Gronkowski says he received a valuable piece of investing advice in his 20s from "the man who built my house."

Published: 2024-11-27 16:38:09

'The key to becoming rich': How to conquer a money bias that could be holding you back, from a financial psychologist

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To grow your wealth, understand how your mind works, says CFP Brad Klontz, psychologist and author of "Start Thinking Rich."

Published: 2024-11-27 17:20:17

I write about scams as part of my job: 6 steps I use to stay safe—all are free and most take under 1 minute

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As someone who writes about scams as part of my job, these are the steps I’ve taken to protect my data and personal information. The first was "a no-brainer."

Published: 2024-11-27 16:47:38

37-year-old mom earns $73,000 in an ‘underrated and overlooked’ in-demand job—it can pay $100,000 without a degree

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Wind turbine service technician Jessica Jackson says that her profession is "underrated and overlooked," despite the high demand for wind techs in the U.S.

Published: 2024-11-27 14:05:01

Oil watchers say inflation risks will stave off Trump's Canada tariff threat

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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

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

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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 15:17:12

The shipping industry is wrestling with one of its biggest challenges — seafarer shortages

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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

How to ask to be paid fairly: Here's exactly what to say—it’s 'not confrontational,' it's 'calm and confident'

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If you suspect you're not making as much as your peers for the same job, here's how to ask for the salary you deserve.

Published: 2024-11-27 15:26:15

Reddit targets international users for ad growth, teases bolstered search feature

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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

Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show

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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

Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes

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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

Founder of $633 million startup: True innovators share this crucial trait that most people don't have

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Jake Loosararian, the 33-year-old co-founder of Gecko Robotics, says he wouldn't have succeeded if he weren't willing to "go into the unknown and the dirty and unexplored."

Published: 2024-11-27 14:29:23

36-year-old mom: How I built an Etsy side hustle bringing in $10,000 a month in passive income 'doing something I love'

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"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 14:44:27

China's industrial profits fall by 10% in October as deflation worries linger

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Industrial profits are a key gauge of the financial health of factories, mines and utilities in China.

Published: 2024-11-27 05:17:53

Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop

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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

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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

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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

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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

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The Senate panel is calling airline executives to testify next week about their carriers' fees.

Published: 2024-11-26 16:46:23

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