Why Toll Text Scams Are Out Of Control

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…

How Americans Will Pay For Trump’s Canadian Tariffs

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…

Why Aluminum Tariffs May Be Pricey For Americans

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…

Why Estée Lauder Is Spending $1.5 Billion On A Makeover

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…

What Will Happen To Tesla If Trump Cuts EV Credits?

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…

How Facebook Marketplace Amassed More Shoppers Than Amazon

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…

Why Automakers Like Toyota And Honda Are Investing In Rockets And Satellites

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…

Why Caring For Elderly Parents Is So Expensive In The U.S.

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…

China Coffee Wars — Why Starbucks Is Losing The Battle With Luckin

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…

How Sketchy Chemicals Like Red No. 3 End Up In U.S. Food

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…

Why The U.S. Has A Health Care Claim Denial Problem

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…

Why Walmart Is Going After Wealthy Shoppers

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…

Can Boeing Overcome Their Recent Challenges? | CNBC Marathon

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…

Will Privatizing Fannie Mae And Freddie Mac Mean Higher Mortgage Rates?

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,…

Why A Shortage Of Airplane Mechanics Is Aviation’s Next Challenge

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…

Why restaurants have become so important to shopping malls

From CNBC. Foot traffic to suburban shopping malls has returned to pre-pandemic levels and high-end malls are thriving. Yelp found that 17 out of the top 25 brands driving consumers to malls are restaurants, and the dining options for visitors have moved well beyond the traditional food court that would include chains like McDonald’s, Chipotle…

How America Got Hooked On Cars

From CNBC. Americans drive much more than in any other country – twice as much as the average German, for example. And the actual experience of driving isn’t quite as romantic as the image. Drivers are often stuck in traffic. Cars pump out pollution. Less walking means less exercise. Cars also can kill people. Some…

The Race For Chip Dominance | CNBC Marathon

From CNBC. CNBC Marathon goes to explore the biggest tech companies that are designing chips on U.S. soil. Thirty years ago, Taiwan immigrant Jensen Huang founded Nvidia with the dream of revolutionizing PCs and gaming with 3D graphics. In 1999, after laying off the majority of workers and nearly going bankrupt, the company succeeded when…

How Uniqlo Won Over North America

From CNBC. Uniqlo parent company, Fast Retailing, is the second largest retailer in the world only after Zara owner, Inditex. With a market capitalization of over $100 billion, the brand has been able to grow thanks to what experts say is a minimal, functional design at reasonable prices, mainly known for its durable fleeces and…

Can New Orleans Save Its Homes From Flooding Again?

From CNBC. Twenty years ago Hurricane Katrina flooded hundreds of thousands of homes in New Orleans and killed over 1,800 people. In the aftermath, a quarter of the city’s housing stock was left vacant or abandoned. The U.S. government has spent billions to rebuild homes, restore infrastructure, and fortify the levee system. But more may…

Why More Americans Are Being Pushed Into Poverty | CNBC Marathon

From CNBC. CNBC Marathon examines causes of poverty in the U.S., including rising credit card debt and lifestyle creep. 37.9 million Americans are currently living in poverty, accounting for 11.6% of the total population. That’s despite the fact that America ranks first as the richest nation in the world in terms of GDP. Child poverty…

Why the U.S. has a home insurance crisis

From CNBC. Fast-moving wildfires have wreaked havoc across Los Angeles in recent weeks. Following the outbreak of the Hughes fire, the structural toll of the January wildfires now exceeds 16,000. Early estimates place the economic toll of the fires between $250 billion and $275 billion. Now, property insurers in the state are facing a historic…

Why President Trump’s Meme Coin Is Raising Alarm Bells

From CNBC. The launch of President Trump’s meme token was met with mixed reactions among the crypto community. On one hand, Trump allied with crypto backers on the campaign trail, promising to cut back on legal challenges brought against crypto businesses and promote innovation in the United States. His launch of a meme coin was…

Why Mercedes Has A Better Driver Assist System Than Tesla’s Autopilot

From CNBC. Tesla’s Autopilot and Full Self-Driving systems are good, but they aren’t the best out there, according to testing group Consumer Reports. Tesla cars lack specific features that cars from Mercedes-Benz, General Motors, Ford, BMW, even Hyundai all have. CNBC visited the group’s $1 million specialized advanced driver assistance system test track to see…