CNBC
From CNBC. For years following the Great Recession, “McMansion” were considered "ugly" or "bad investments," mainly because they were considered unnecessarily large, had way too many amenities and built often with cheap materials. But during the pandemic when Americans sought to move to larger homes in the suburbs, they had a resurgence. In 2025, tariffs…
From CNBC. Thousands of employees at the Internal Revenue Service have lost their jobs in recent months as part of widespread cuts to federal spending by Elon Musk’s Department of Government Efficiency, or DOGE. The layoffs could impact essential functions at the agency during the height of tax season, from audits and collection enforcement to…
From CNBC. Vietnam is the 6th largest source of U.S. imports. If the U.S. government’s reciprocal tariffs reach levels suggested in April, it could change the country’s economic trajectory. Higher tariff rates are expected to cost U.S. households thousands of dollars. The White House says the new duties on imported goods will cut down on…
From CNBC. Apple is once again in the crosshairs of a U.S.-China trade war after President Trump announced sweeping tariffs on global imports April 2, including on China, India, and Vietnam. The company’s stock dropped nearly 15%, wiping out $640 billion in market value before rebounding on April 9 as Trump put a pause on…
From CNBC. Amazon sellers are reeling amid Trump’s 125% tariffs on Chinese goods, telling CNBC they will need to raise prices and could go out of business. Up to 70% of goods on Amazon are imported from China. Seven of the eight U.S.-based Amazon sellers CNBC talked to said that manufacturing in the U.S. isn’t…
From CNBC. President Trump is urging oil producers to "drill, baby, drill." U.S. oil and gas investors may not be on board with the plan. The U.S. is already producing more crude oil than any other nation in history. In December 2024, U.S. oil and gas firms produced more than 13.49 million barrels of crude…
From CNBC. President Trump’s sweeping new tariffs sparked a $6 trillion market selloff and reignited debate about trade policy. Economists say they’re watching for signs the tariffs might break the current economic expansion or worsen inflation. While some suggest the president could walk back parts of the policy to score negotiation wins, others warn that…
From CNBC. Only a handful of sports teams including the Major League Baseball team, Atlanta Braves, are public in the U.S. That’s mainly due to strict league rules, tax advantages of private ownership and the financial scrutiny that comes with public disclosure. Instead, teams are increasingly turning to private equity and limited partnerships to raise…
From CNBC. After having a big moment in U.S. culture during the early 2000s, Crocs’ growth fell flat over the decade following the Great Recession. However, clever marketing and brand messaging focusing on customization with its charms, Jibbitz, has made the iconic clog ‘cool’ again. In 2024, the company that also includes casual footwear brand,…
From CNBC. Chinese automaker BYD‘s new 5-minute EV charging technology might be one of the biggest breakthroughs the industry has seen so far. But experts say there’s reason to temper enthusiasm. Still, BYD has gone from low-cost battery maker to global automotive giant in a short time. Its ability to innovate shows just how far…
From CNBC. The Trump administration launched a sweeping tariff strategy targeting countries with which the U.S. runs trade deficits. The White House’s formula is being used to calculate new import duties, but some economists say it lacks credibility and does not reflect actual trade practices. Experts caution that the move could lead to retaliatory tariffs,…
From CNBC. The NCAA began allowing college athletes to transfer without having to red shirt, or "sit out" for a year without playing in October 2018. Since then, student athletes have taken full advantage of the transfer portal, and even sometimes transferring multiple times during their Division 1 college career. The new rule combined with…
From CNBC. Nintendo just unveiled its highly anticipated Switch 2 portable gaming console, available for purchase on June 5th for $450. The new device is a bigger and faster version of the Nintendo Switch, which has sold more than 150 million units since it was released in 2017. CNBC’s Steve Kovach goes hands-on with the…
From CNBC. For over a decade, Elon Musk has promised a future of driverless cars. Now, with the debut of Tesla’s dedicated robotaxi, the Cybercab, and plans to launch a driverless ride-hailing service in Austin, Texas, this June, that vision is being put to the test. To find out where things stand, CNBC took multiple…
From CNBC. The U.S. government is poised to shake up global trade in April 2025. Tariff rate increases are scheduled to go into effect on imported goods from Canada, Mexico and China. In the early months of his 2nd term, President Trump has proposed several other tariff rate increases targeting specific industries like automakers and…
From CNBC. Early in the AI race, apps like Perplexity, Cursor, Sesame and Abridge were known pejoratively as “wrappers,” describing the way their either app or business was wrapped around existing AI models. Critics called them as second-rate middlemen, slapping an interface on someone else’s technology while companies like OpenAI, Google, Meta and Anthropic developed…
From CNBC. Capitalizing on the success of its video sharing platform, TikTok Shop is quickly taking up market share in the social shopping arena. In just one year the app surpassed Facebook, Instagram, and Pinterest in adding new buyers to the platform. TikTok also hosts 7 million U.S. businesses, who use the app as both…
From CNBC. A plan to reshore automotive manufacturing by imposing tariffs will take years and require billions of dollars in investment. In the meantime consumers could see higher prices, and fewer choices. CNBC breaks down which vehicles are likely most affected and how much prices are likely to rise. Chapters: 00:00 – 00:36 Introduction 00:42…
From CNBC. Retail sales are holding up, but consumer confidence is slipping. A rising share of Americans are making purchases not out of want, but out of worry. This trend, called "doom spending," is driven by fears of higher prices and supply disruptions. While it may offer a short-term sense of control, it’s happening alongside…
From CNBC. The U.S. has a severe shortage of air traffic controllers. The FAA currently has 10,800 certified controllers but a need for 14,633. That’s a shortage of 26%. And recent events like the fatal collision of an Army Blackhawk helicopter and American Airlines regional jet in Washington, D.C. has brought more attention to filling…
From CNBC. China was once the driving force behind the $380 billion luxury goods industry, but today it’s become a source of significant losses. A post-Covid economic downturn, shifting youth values, and rising nationalism have led to declining sales and a growing preference for domestic luxury brands. As European giants struggle, only ultra-high-end and culturally…
From CNBC. U.S. firms were pumping oil at a historic pace as President Trump’s second term began. The President then signed executive orders to speed up permitting and reduce environmental regulations. The goal is to increase domestic oil supply. But analysts say that oil price trends imply that energy producers may soon slow down their…
From CNBC. Erica York, a vice president of federal tax policy at the Tax Foundation, explains how Americans end up paying for tariffs. Find the full report: https://youtu.be/sXTVwtmABXM
From CNBC. President Trump and Elon Musk’s Department of Government Efficiency have placed a target on the U.S. federal workforce. Mass layoffs followed by court orders that employees must be reinstated has caused whiplash for federal workers and their families in the first few months of the second Trump administration. The President has claimed the…
From CNBC. The 2002 Winter Olympics propelled Salt Lake City, Utah to one of the fastest growing tech, banking and business hubs in the U.S. It will again host the Winter Games in 2034. Many entrepreneurs are capitalizing on the moment, hoping to bring even more growth through sports, development and diversity. However, some real…
From CNBC. Google, IBM, Amazon, Microsoft and Intel are all working on quantum technology, as are numerous startups. At its annual GTC developer conference this week Nvidia CEO, Jensen Huang, announced the company was opening a quantum research lab in Boston. Governments around the world have also pledged over $50 billion to develop the technology.…
From CNBC. Riaz Kara, vice president of policy at the Canada-based think tank, the Public Policy Forum, discusses what this U.S.-Canada trade war could mean for the future relationship of the two countries. Watch the full video to learn more about how this trade dispute will impact consumers: https://youtu.be/sXTVwtmABXM
From CNBC. CNBC Marathon explores various tech companies manufacturing chips on U.S. soil. Micron, Samsung and SK Hynix are responsible for making 90% of the world’s DRAM memory chips, and Micron is the only one based in the U.S. That’s made it the latest target of bans from China. Yet Micron is spending $115 billion…
From CNBC. CNBC’s Robert Ferris reports on how investors and analysts are divided over whether Elon Musk’s Trump support and active White House role is driving Tesla into the ground or perhaps securing its future.
From CNBC. The U.S. faces a growing demand for skilled workers, particularly in STEM fields with a need for 1 million more STEM workers by 2033. The H-1B visa program, created in 1990, helps fill this gap by allowing businesses to temporarily hire foreign workers in specialized fields, with 85,000 visas available annually. Tech companies…
From CNBC. Despite decades of U.S. leadership in nuclear fusion, China is now spending twice as much and building projects faster to beat the U.S. to commercial fusion power. The elusive, limitless, clean energy source has seen a rapid influx of private funds as AI power demands surge, with billions from the likes of OpenAI’s…
From CNBC. The FBI has issued a warning against “smishing”, which are text-based scams that people all over the country are receiving on their phones. Scammers are impersonating the agencies and companies that collect money for tolls parking tickets, credit card payments, bank notices, phone bills. Some scams are even fake anti-scam warnings. Smishing or…
From CNBC. President Donald Trump imposed a blanket 25% tariff on Canadian imports, with some exceptions such as energy, sparking a back and forth between the countries with retaliatory tariffs. The dispute raises concerns over long-term stability between their trading partnership. Watch the video above to learn more about how this trade dispute will impact…
From CNBC. On February 25, U.S. President Donald Trump proposed a $5 million ‘gold card’ visa, offering wealthy foreigners U.S. permanent residency and a path to citizenship. The new proposal would replace the current EB-5 program, which grants U.S. residency for job-creating investments. Watch the video to find out more about the new visa program,…
From CNBC. Aluminum is a critical mineral used in American defense, transportation, energy systems. Producing aluminum requires large amounts of electricity, and typically occurs in China, Russia, India and Canada. In March 2025, the Trump administration imposed 25% tariffs on all aluminum entering the United States. Companies including Alcoa, Ford, Coca-Cola and Lockheed Martin could…
From CNBC. Multinational beauty conglomerate Estée Lauder is trying to turn things around after slowing sales in China, a lack of innovation and continuing market share losses have caused its stock to tumble nearly 50% in 2024. New CEO Stéphane de la Faverie has expanded a restructuring plan that includes laying off up to 7,000…
From CNBC. Vice President of Federal Tax Policy at the Tax Foundation Erica York explains why tariffs raise prices but aren’t technically inflationary.
From CNBC. Beyond Meat was off to a sizzling start when it went public in 2019. Better-tasting products from the company and others in the plant-based meat industry drove soaring stock prices and booming sales, while growing partnerships with restaurants and retailers increased consumer acceptance. Yet, something has changed over the last few years. Instead…
From CNBC. Airlines like American, Delta, Lufthansa and United are going all-in on big spenders. That means outfitting their planes with first and business class pods and suites that are more luxurious than ever. These seats can be heated or cooled, include ultra-high definition screens and perhaps the most popular innovation: a privacy door. But…
From CNBC. Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. But Trump is working to strip away the federal and state policies that have fueled Tesla’s rise–EV tax breaks, carbon credits and money for charging stations. Investors and analysts are divided over whether Musk’s…
From CNBC. Facebook’s losing younger users, but one thing is keeping people hooked: Marketplace. With over a billion users in 70 countries, it’s now one of the biggest resale platforms, bigger than eBay and Craigslist in some places. Unlike other sites, Facebook doesn’t charge listing fees, making it a top choice for Gen Z, budget…
From CNBC. In November, Spirit Airlines filed for Chapter 11 bankruptcy protection. The icon of U.S. budget air travel hasn’t had a profitable year since 2019, and it’s lost more than $2 billion since 2020. How did it get here? Watch the full video: https://youtu.be/KomDkj5scsg
From CNBC. Foreign apparel names like Primark, Mango, Uniqlo, Aritzia and Zara are expanding their presence in the U.S. Experts say that fashion trends are becoming more similar globally and the American consumer represents fresh opportunities for many of these brands. Last year, Mango announced a $70 million expansion plan in the U.S. market. Meanwhile,…
From CNBC. Big Tech is in the midst of a spending spree on creative ways to make energy in the U.S., as AI drives data center power demand through the roof.
From CNBC. In January, Toyota, through its mobility software subsidiary company “Woven by Toyota”, announced that it was investing $44 million into Japanese rocket maker, Interstellar Technologies. Meanwhile Honda has been developing a proprietary reusable rocket since 2019. Chinese automaker and Tesla competitor Geely Holding Group has invested $326 million to manufacture its own satellites…
From CNBC. Baby boomers, quickly approaching old age, are poised to hit an already overburdened senior care space in the next few years. Investors with deep pockets are looking to make money off the aging cohort by buying up nursing homes and hospice operations. As the cost of senior care continues to climb financial planners…
From CNBC. First-time homebuyers may struggle to find adequate starter homes when the 2025 buying season begins this spring. The homes that once gave Americans a stepping stone into real estate are disappearing, according to experts. Find more on why: https://youtu.be/zio8-WF2gGY
From CNBC. Germany’s Autobahn is the envy of the automotive world. There is nothing quite like it – a national highway system with no top speed limit. If you love cars and driving, chances are driving Germany’s Autobahn is one of the things you want to do before you die. And it can be exhilarating…
From CNBC. Despite adding around 1,500 new stores between 2022 and 2024, Starbucks’ revenue hasn’t increased. Competition from chains like Luckin, Cotti and Manner have increased sharply in the years following the pandemic, and the Chinese consumer is opting for these cheaper alternatives in the face of mounting economic pressure. Find out how China went…
From CNBC. Say hello to life at the mall. The classic American mall is undergoing a dramatic transformation as real estate developers swap out dying department stores for apartments, ushering in an era where living at the mall could soon become a new norm. Full details: https://youtu.be/J1GIF6VNipE
From CNBC. Big Tech is in the midst of a spending spree on new, creative ways to make energy in the U.S., as AI drives data center power demand through the roof. Start-ups focusing on hydrogen, small nuclear reactors, fusion, and even geothermal are getting hundreds of millions from the likes of OpenAI’s Sam Altman,…
From CNBC. The Food and Drug Administration, or FDA, is responsible for regulating food and health-related products to ensure they’re safe for public health. But experts say a legal loophole has allowed companies to include chemical additives that could be potentially dangerous to consumers’ health—without the FDA even knowing. Meanwhile, Americans are buying more products…
From CNBC. UnitedHealthcare has been at the center of growing public frustration with the health insurance industry. The brutal killing of its CEO, Brian Thompson, in December marked a turning point, intensifying scrutiny over insurers’ denial of coverage. Despite numerous reports highlighting a rise in claim denials, the fragmented system makes it nearly impossible to…
From CNBC. Silicon Valley is now reckoning with a technique in AI development that could upend the leaderboard. Distillation is the idea that a small team with virtually no resources can make an advanced AI model by extracting knowledge from a larger one. While the Chinese AI startup DeepSeek didn’t invent the method, its use…
From CNBC. Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter has noticed more customers with six-figure incomes shopping on its website and in its stores. Households earning more…
From CNBC. CNBC Marathon explores the different struggles the aircraft company Boeing, has faced these past couple of years. Boeing’s 747 is one the most recognizable planes to take to the skies with its iconic hump, four engines, extensive landing gear and sheer size. Since its first commercial flight in 1970, Boeing’s 747 jumbo jet…
From CNBC. U.S. companies are frontloading cargo bound for the U.S. due to the uncertainty regarding tariffs. While Trump has suspended the tariffs on Canada and Mexico for at least one month while those countries negotiate with the United States on trade and border security, new 10% tariffs on Chinese imports have taken effect. Find…
From CNBC. Fannie Mae and Freddie Mac provide liquidity and support for the U.S. mortgage market. For the past 16 years, the two enterprises have been subject to close supervision by the federal government. The arrangement, also known as ‘conservatorship,’ was established in 2008 after the collapse of the housing market. Conservatorship has, at times,…
From CNBC. Experts say there is a critical shortage of aviation maintenance technicians (AMTs) that can’t keep up with growing demand. Boeing estimates that 716,000 technicians are needed worldwide to maintain the global air fleet over the next 20 years. Companies like GE Aerospace and American Airlines are working to train the next generation of…
From CNBC. Between 2014 and 2024, private equity firms invested more than $90 billion into U.S. restaurants and bars. Red Lobster and TGI Fridays were two of the most notable. The two casual dining giants were acquired through a transaction type called a leveraged buyout that ultimately contributed to their bankruptcies in 2024. Watch the…