Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. The S & P 500 and Nasdaq on Thursday retreated from their record highs, set in the previous session, after a cooler-than-expected inflation report sent investors out of Big Tech … Read more
An aerial image taken Aug. 10, 2023, shows destroyed homes and buildings burned to the ground in Lahaina in the aftermath of wildfires in western Maui, Hawaii. Patrick T. Fallon | Afp | Getty Images First came the Covid-19 pandemic, striking at the very heart of Hawaii‘s economy. Then, just as the state was beginning … Read more
Oscar Wong | Moment | Getty Images There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months. Banks involved in the mess caused by the collapse of fintech intermediary Synapse have made progress piecing together account information for stranded customers that could … Read more
Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images PepsiCo reported mixed quarterly results Thursday, hurt by declining demand in North America for its drinks and snacks. The company also narrowed its revenue outlook for the … Read more
US President Joe Biden walks to the White House in Washington, DC, on July 7, 2024, after attending campaign events in Pennsylvania. Chris Kleponis | Afp | Getty Images President Joe Biden is set to face reporters at a potentially make-or-break solo press conference on Thursday, a day after the first Democratic senator joined growing … Read more
With the nation’s best education system and policies that give companies room — both literally and figuratively — to grow, Virginia is America’s Top State for Business in 2024. This is the Old Dominion’s sixth time at the top of CNBC’s rankings, and its third win in five years — a record unmatched by any … Read more
The monthly inflation rate dipped in June, providing further cover for the Federal Reserve to start lowering interest rates later this year. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, declined 0.1% from May, putting the 12-month rate at 3%, around its lowest level in more … Read more
Downtown Huntsville, Alabama, aerial with Big Spring International Park and fountain in the foreground, during autumn. Davel5957 | E+ | Getty Images Huntsville, Alabama, real estate broker James Morgan has worked across the country and around the world. Right now, he says, there is no place he would rather be than Northern Alabama. He says … Read more
To rank America’s Top States for Business in 2024, CNBC scored all 50 states on 128 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials. That way, our study ranks the states based on the attributes they use … Read more
A shopper holds an Apple Watch Series 8 on sale at the company’s Fifth Avenue store in New York, Sept. 16, 2022. Jeenah Moon | Bloomberg | Getty Images Apple is trying a new tactic to get its products in the hands of younger users. The iPhone maker on Wednesday launched a new marketing website … Read more