CNBC
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…
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…
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…
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…
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…
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…
From CNBC. Google Maps is the world’s top navigation app and in February it will turn 20 years old. It’s got new generative AI features, and a nimbler Street View camera that will help it map new countries. CNBC got an exclusive look at the Street View service center and asked the head of Maps…
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…
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…
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…
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…
From CNBC. Think about the apps you use on your phone every day. Now imagine if you could combine all of those programs into a single, standalone app. A one-stop shop to socialize with friends, order food, pay rent, or even consult with a doctor — known as the “super app.” Perhaps the most prominent…