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Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
Published: 2024-11-27 15:28:56
Shares of drone maker Unusual Machines soar 100% after Donald Trump Jr. joins advisory board
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 16:18:41
Meta, Rabbit and Bee AI have Black Friday deals, but there's no must-have AI gadget yet
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
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 14:53:47
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 15:00:34
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 15:17:12
Early retirement comes as a surprise for many workers, study finds. Here's how to manage that financial shock
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
48-year-old CEO of a $1 billion startup: My secret to success is, 'I hire the best and I get out of their way'
Self-made millionaire Fawn Weaver, CEO of Uncle Nearest Whiskey, swears by hiring the right talent and letting them do the job: "Micromanaging does not work."
Published: 2024-11-27 16:03:51
'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 15:14:32
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
How to ask to be paid fairly: Here's exactly what to say—it’s 'not confrontational,' it's 'calm and confident'
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
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
37-year-old mom earns $73,000 in an ‘underrated and overlooked’ in-demand job—it can pay $100,000 without a degree
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
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
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
Founder of $633 million startup: True innovators share this crucial trait that most people don't have
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'
"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
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
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
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