The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about the magnitude of the Federal Reserve’s next interest rate decision. Initially, the S & P 500 and Nasdaq hit all-time intraday highs Friday morning as investors digested a slower-than-expected August jobs growth . The weak…
Jeffrey Epstein attends the launch of RADAR MAGAZINE at Hotel QT on May 18, 2005. Patrick McMullan | Getty Images The Justice Department on Friday asked a federal judge overseeing the case of deceased sex trafficker Jeffrey Epstein to deny a request from NBC News to unseal the names of two associates who received large payments from…
FILE PHOTO: U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal…
Goldman Sachs named a slew of stocks that are well positioned for earnings growth, according to the firm’s analysts. The Wall Street investment bank says stocks like Walmart are compelling and have plenty room to grow. Other buy-rated names screened by CNBC Pro include: Ollie’s, Charles Schwab, T-Mobile and Porch Group. Ollie’s Bargain Outlet The…
Bernadette Joy has heard the arguments against renting. It’s throwing money away. You’re getting killed on inflation. Homeownership is a cornerstone of the American Dream. Joy, a financial coach and author of “Crush Your Money Goals,” was a longtime believer in the latter point. “I definitely grew up with the philosophy that homeownership was the…
Like millions of fellow 18-year-olds across the U.S., Zach Yadegari spent his summer preparing for college. Unlike most other freshmen, Yadegari doubts he’ll linger in academia for very long. He’s the co-founder and CEO of Cal AI, a calorie-tracking mobile app he launched from his parents’ home in Roslyn, New York, in May 2024 —…
Company: PepsiCo Business: PepsiCo is one of the world’s largest consumer packaged goods companies, with a portfolio of some of the most iconic brands in food and beverage. Its brands include: Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Its segments include Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); PepsiCo Beverages…
Jobseekers during a Hospitality House career fair in San Francisco on Aug. 13, 2025. David Paul Morris | Bloomberg | Getty Images The outlook seems to be getting worse for job seekers. The U.S. economy added just 22,000 jobs in August, below expectations, and the unemployment rate rose to 4.3%, the Bureau of Labor Statistics…
Bond markets were back in focus this week as rising yields — which reflect higher borrowing costs for governments — raised concerns over debt sustainability around the world. Described by analysts at Deutsche Bank as a “slow-moving vicious circle,” higher government bond yields increase the cost for nations to service their debts, at a time…
The Hyundai Motor Group Metaplant America is seen on March 26, 2025, in Ellabell, Ga. Mike Stewart | AP South Korea said Friday that it had expressed “concern and regret” to the U.S. Embassy over an immigration raid on a Hyundai facility in Georgia during which it said “many” South Korean nationals had been detained. “The economic activities…
