How Nescafé Is Beating Everyone At Instant Coffee

From CNBC. With annual sales of $11.6 billion as of December 2023, Nescafé is Swiss-based food giant Nestlé’s largest coffee segment. Sold in over 180 countries, one in seven cups of coffee consumed worldwide is a Nescafé. Globally about 3 billion cups of coffee are consumed each day and that number is expected to rise.…

Has The U.S. Fallen Out Of Love With Instant Coffee?

From CNBC. Americans drank an estimated 517 million cups of coffee daily in 2022 spending almost $110 billion on the beverage that year. Cold brews, expresso-based beverages and perfectly roasted beans are among the top drinks for today’s coffee aficionados trying to get their caffeine fix. But one segment of the U.S. market has given…

How Streaming Is Changing The NFL

From CNBC. With the highest-rated programming, the priciest ad time and rights deals worth billions, the National Football League is the most valuable content in media. And now its moves onto streaming platforms like Amazon Prime Video, YouTube and Peacock are having ripple effects across the media and tech landscape. CNBC’s Julia Boorstin speaks with…

What Happened To Axe Body Spray?

From CNBC. Axe body spray existed for almost 20 years internationally, under the name Lynx, before it launched in the United States in 2002. Over the course of the next decade, Unilever’s fragrance brand captured the teenage boy market with its provocative advertising. But it began to fall out of favor, and by 2022, domestic…

Why Americans Are Suddenly Losing Their Home Insurance

From CNBC. Many homeowners in the U.S. are losing their home insurance policies. Major insurers like State Farm and Allstate are no longer offering new policies in California. State Farm attributes this to increased wildfire risk, inflation and other challenges in the region. Louisianan and Floridian homeowners are facing similar issues due to flood risk.…

Why Renters Are Taking Landlords To Court In The U.S.

From CNBC. RealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of lawsuits allege that a group of landlords are sharing sensitive data with RealPage, which then artificially inflates rents. The complaints surface as housing supply in the U.S. lags behind demand. Some of the defendant…

Are Landlords Colluding On Rent?

From CNBC. RealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of lawsuits allege that a group of landlords are sharing sensitive data with RealPage, which then artificially inflates rents. The complaints surface as housing supply in the U.S. lags behind demand. Some of the defendant…

Why Getting A Job Feels Impossible Right Now

From CNBC. The job market looks solid on paper. In 2023, unemployment hit a 54-year-low at 3.4% in January, according to the U.S. Department of Commerce. Bureau of Labor Statistics reported that U.S. employers added 2.7 million people to the payroll the same year. But it’s a different story for active job seekers. A staffing…

Why Car Repairs Are Getting So Expensive?

From CNBC. Auto repair costs have been rising for years, but recently they’ve spiked. Experts say it’s likely a mix of factors including heavier, faster and more complex vehicles, riskier driving behavior, new technology, and labor and supply shortages. Repair shop owners say they can’t find enough technicians despite paying six-figure salaries. As technology marches…

The Future Of Online Shopping | CNBC Marathon

From CNBC. CNBC Marathon explores how companies like Amazon, Walmart and their competitors are shifting their marketing and business strategies to compete in today’s economy. Quietly launching its app in September 2022, it only took Temu a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February…

How Guyana’s Oil Boom Sparked A Border Dispute With Venezuela

From CNBC. Guyana, a tiny South American nation home to more than 800,000 people, made big headlines in December. The reason? Its neighboring country, Venezuela. Venezuela’s autocratic leader Nicolás Maduro called for a referendum in the first week of December 2023 to seek approval to annex Essequibo, which makes up two-thirds of Guyana’s land. Venezuelans…

Why the U.S. is now obsessed with soybeans #Shorts

From CNBC. Soybeans have become a cornerstone of American agriculture, contributing $124 billion to the U.S. economy in 2022. The legume is hailed as a versatile crop used in food, fuel and animal feed worldwide. It was a niche commodity in the 1960s before the U.S. became the top global producer. However, the U.S. has…

Is The U.S. Navy Ready For The Red Sea Threat?

From CNBC. In the Red Sea drone and missile attacks by the Houthi rebels are stemming the flow of commerce in a critical part of the world. The U.S. Navy has deployed numerous ships to help defend against these attacks, but with the high cost of advanced missiles, and fleet that has shrunk considerably since…

Why Trucks In America Are Under Attack

From CNBC. Cargo theft has more than doubled in just a year as thieves are vanishing millions of dollars worth of goods. Strategic cargo theft is surging, where criminals engage in internet-based fraud. CNBC visited supply chain risk management company Overhaul’s Louisville, Kentucky operations to get an inside look at how the industry is fighting…