Insider Trading And Congress: How Lawmakers Get Rich From The Stock Market CNBC 2020-10-21 | CORRECTION (October 21, 2020): A previous version of this video mischaracterized the investment returns from one study. They should have been characterized as basis points.In spring 2020, four U.S. senators faced accusations of using insider knowledge about the coronavirus crisis to sell off hundreds of thousands of dollars in stock. A couple of months later, the investigations into senators Kelly Loeffler (R-GA), Dianna Feinstein (D-CA), and James Inhofe (R-OK) were closed. Sen. Richard Burr (R-NC) stepped down as chairman of the Senate Intelligence Committee amid the allegations. Congressional insider trading has long been a hot button issue, and lawmakers continue to look for a way to put an end to the practice. In 2012, the STOCK (Stop Trading on Congressional Knowledge) Act was passed following allegations of insider trading before the 2008 financial crisis. However, experts say the law didn’t go far enough. Watch the video to find out how prevalent insider trading is in Congress and what’s being done, and what’s not being done, to stop it.UPDATE (December 1, 2020): With the U.S. presidential election over, attention is shifting to runoff elections for Georgia’s two senate seats slated for Jan. 5, 2021. Incumbent Senators Kelly Loeffler and David Perdue each face allegations of insider trading and possible violations of the STOCK act based on their investment decisions at the start of the coronavirus pandemic. Here’s how insider trading works when it comes to members of Congress, and what’s being done to curtail the practice.» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassicAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Connect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC News on Twitter: https://cnb.cx/FollowCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBC#CNBCInsider Trading And Congress: How lawmakers Get Rich From The Stock Market
How YouTube Beat Netflix And Disney In The Streaming Wars CNBC 2024-06-26 | While Netflix may get most accolades for winning the streaming wars, YouTube has been the most watched streaming platform in the U.S. for the last 15 consecutive months. Its recent dominance is predicated on taking over the living room as a direct competitor to Netflix and every other streaming service. Watch the video above to see how YouTube has transitioned its business to connected TVs on the strength of its popular creators.Chapters:0:00 Introduction2:30 Streaming by the numbers5:42 The Creator Economy10:39 A streaming futureProducer: Devan BurrisEditor: Kevin HeinzReporter: Alex ShermanGraphics: Jason ReginatoSupervising Producer: Jeff MorganteenAdditional Footage: Getty, YouTube, Brittany Broski, Michelle Khare, MrBeast, Ms Rachel, Buzzfeed Celeb, Casey Neistat, Drew Gooden, Eddy Burback, Good Mythical Morning, How Ridiculous, Markiplier, Marques Brownlee» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow YouTube Beat Netflix And Disney In The Streaming Wars
Cocoa prices are soaring, candy makers will need to get creative CNBC 2024-06-25 | Cocoa prices have been soaring this year, hitting record highs and causing headaches for candy companies. While hedging contracts protect the likes of Hershey and Mondelez for now, high cocoa prices could change how they think about innovation. Read the full story here: https://cnb.cx/4c2msBn
How Phantom Debt Is Haunting American Consumers CNBC 2024-06-24 | The number of buy now, pay later loans increased nearly 1,100% between 2019 and 2021, according to data compiled by the Consumer Financial Protection Bureau. The debt that accumulates from these loans is referred to as "phantom debt," because it's unclear just how much is out there and how well consumers are paying them back. Juniper Research estimates these transactions could reach nearly $700 billion by 2028. Watch the video above to learn more about the risk phantom debt poses to the economy.Chapters:0:00 Introduction1:34 How much phantom debt is out there5:00 Consequences of phantom debt8:15 Regulating buy now, pay laterProduced by: Charlotte MorabitoAdditional Reporting by: Jessica DicklerEdited by: Nora RappaportAnimation: Mallory Brangan, Christina LocopoSupervising Producer: Lindsey JacobsonAdditional Footage: Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow Phantom Debt Is Haunting American Consumers
Kirkland Vs. Member’s Mark: Can Sam’s Club Ever Catch Up To Costco? CNBC 2024-06-23 | Private labels have exploded in popularity as consumers' perspectives have shifted, and as inflation has skyrockets in recent years. Sales increased 34% between 2019 and 2023, totaling $236.3 billion. Costco dominates not only in the club channel, but beyond, with its famous private label Kirkland Signature threading more than 300 products. But Sam's Club, which consolidated its private labels in 2017, is a serious contender trying to catch up with its brand Member's Mark.Chapters:0:00 Introduction1:29 Chapter 1. The rise of private labels2:57 Chapter 2. Kirkland vs. Member's Mark7:32 Chapter 3. Playing catch-upProduced and Edited by: Natalie RiceCamera by: Erik MauckAnimation: Christina LocopoSenior Managing Producer: Tala HadaviEditorial Support by: Melissa RepkoAdditional footage: Getty Images, Sam’s Club, NBC NewsAdditional sources: Consumer Reports, FactSet» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCKirkland Vs. Member’s Mark: Can Sam’s Club Ever Catch Up To Costco?
Heres how paying with cash might help you save money CNBC 2024-06-22 | Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use cash rather than credit card for a purchase. That means opting for paper over plastic may save you money in some cases. But, there are times when credit cards have distinct advantages to cash. Find out more: https://cnb.cx/3wFNGyx
Can Roaring Kitty Become The First Retail Trader Billionaire From His GameStop Bet? CNBC 2024-06-21 | Meme stock champion Keith Gill, aka 'Roaring Kitty,' has been dominating headlines since his online reappearance in May after a three-year hiatus. Wall Street closely follows his posts, which usually consist of memes. Interestingly, these memes have caused significant volatility, especially in GameStop stock. Watch the video to see how his return has reignited the meme stock craze and whether his GameStop bet could make him a billionaire.Reporting by: Yun LiProduced by: Anuz ThapaSupervising Producer: Jeff MorganteenAdditional Footage: Getty» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCCan Roaring Kitty Become The First Retail Trader Billionaire From His GameStop Bet?
How elections test the Federal Reserves independence CNBC 2024-06-20 | Inflation is top of mind for voters heading into 2024's election. That could make the Federal Reserve subject to pressure from politicians. The Fed has held interest rates at restrictive levels as incumbent President Joe Biden touts his economic performance. During his time in office former President Donald Trump criticized the Fed for restricting economic growth. This puts the Fed in an uncomfortably political position as it attempts to bring annual inflation closer to its target of 2%. youtu.be/kr2tTST94y4
How Nvidia Surpassed Microsoft And Apple To Become Worlds Most Valuable Company CNBC 2024-06-18 | Nvidia's rise to becoming a $3 trillion happened in record time. The chip company makes the high-end computer chips that power AI tools like ChatGPT and the cutting edge data centers that more and more companies need access to. But now rivals like AMD and Intel are trying to catch up. Can they take market share from Nvidia, or has the current leader in AI chips gotten too far in the lead? CNBC's Kif Leswing breaks it all down.Reporting by: Kif LeswingGraphics by: Jason ReginatoCamera: Lisa SetyonAssociate Producer: Micah WashingtonSupervising Producer: Jeff MorganteenAdditional Footage: Getty, Nvidia» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow Nvidia Surpassed Microsoft And Apple To Become World's Most Valuable Company
Why Car Payments Are So High Right Now CNBC 2024-06-17 | Car payments have skyrocketed in recent years - a result of high interest rates and high prices. Pandemic era shortages are partly to blame. But larger structural factors are, too. For years customers have been clamoring for fancier cars, and automakers have raked in the profits. In the short term, rising incentives and falling prices may provide some relief. But insiders wonder what the car market will look like over the next decade.Chapters:00:00 - 01:14 Title card - Why car payments are so high right now 01:23 Chapter 1 - Rising car payments 02:04 Chapter 2 - Why so high? 05:35 Chapter 3 - Good news Producer: Robert FerrisEditor: Darren GeeterAnimation: Jason ReginatoSenior Managing Producer: Tala HadaviAdditional footage: Getty Images, Hyundai, Toyota, GM, Ford» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Car Payments Are So High Right Now
How GenZs are affording to travel this summer CNBC 2024-06-16 | Move over family travelers. Gen Zs are set to make the biggest splash this summer, with surveys showing they are upping their vacation plans and spending more than older travelers. But how are they affording it? Read more: https://cnb.cx/3WWHa0V
Will Donald Trump Go To Jail? Heres What To Expect From The Former Presidents Sentencing CNBC 2024-06-14 | Former U.S. President Donald Trump was found guilty of 34 counts of falsifying business records during his hush money criminal trial in New York City. That's a class E felony punishable by a fine, probation or up to four years in prison per count. CNBC’s Dan Mangan breaks down the different legal scenarios the former president could find himself in when he receives his sentencing on July 11.Reporting by: Dan ManganProduced by: Jeff HuangEdited by: Tim HurtSupervising Producer: Jeff MorganteenAdditional Footage: Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWill Donald Trump Go To Jail? Here's What To Expect From The Former President's Sentencing
How Abercrombie Pulled Off One Of Retail’s Biggest Comebacks CNBC 2024-06-13 | Over the last decade, Abercrombie & Fitch pulled off one of retail’s greatest comebacks, transforming from a dying mall brand into a Wall Street darling. Its stock surged 24% on May 29th after reporting yet another strong quarter. But the turnaround didn’t happen overnight. Watch the video above to learn more about how CEO Fran Horowitz changed the business and defeated competitors like Gap, Banana Republic, American Eagle Outfitters and Urban Outfitters.Chapters:0:00 Introduction1:15 Chapter 1 - Product4:15 Chapter 2 - Rebrand7:10 Chapter 3 - Footprint8:35 Chapter 4 - What’s aheadProduced by: Gabrielle FonrougeEdited and Shot by: Ryan BakerCamera by: Andrew EversAnimation by: Josh KalvenSenior Managing Producer: Tala HadaviAdditional Footage: Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow Abercrombie Pulled Off One Of Retail’s Biggest Comebacks
How Presidential Elections Influence The Federal Reserve CNBC 2024-06-12 | Inflation is top of mind for voters heading into 2024's election. That could make the Federal Reserve subject to pressure from politicians. The Fed has held interest rates at restrictive levels as incumbent President Joe Biden touts his economic performance. During his time in office former President Donald Trump criticized the Fed for restricting economic growth. This puts the Fed in an uncomfortably political position as it attempts to bring annual inflation closer to its target of 2%.Chapters:0:00-01:30 Cold Open 01:30-04:00 Chapter 1 - The Fed's independence 04:00-06:48 Chapter 2 - Political Pressure 06:48-09:57 Chapter 3 - The 2024 election Produced and Edited by: Carlos WatersSupervising Producer: Lindsey JacobsonAnimation: Mallory BranganEditorial Support: Jeff MorganteenAdditional Footage: Getty Images, Richard Nixon Presidential Library, University of Virginia, White HouseAdditional Sources: Bureau of Economic Analysis, Federal Reserve Bank of Richmond, Federal Reserve Bank of San Francisco, Federal Reserve Bank of St. Louis, National Archives, University of California Santa Barbara, University of Virginia, U.S. Senate Committee On Banking, Housing and Urban Affairs» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow Presidential Elections Influence The Federal Reserve
Does the Fed talk too much? CNBC 2024-06-11 | Markets often respond to Fed comments with big price swings, and recent research shows they are particularly reactive to Fed Chair Jerome Powell. When it comes to "Fed speak," how much is too much? youtu.be/hSWA0O1JUw0
Why It Took Boeing A Decade To Launch NASA Astronauts On Starliner CNBC 2024-06-10 | Boeing’s Starliner is a human-grade space capsule designed to take astronauts to and from the International Space Station. Boeing began work on the capsule in 2014, when it signed a $4.2 billion contract with NASA under the agency’s Commercial Crew Program. NASA also selected SpaceX for the job, giving Elon Musk’s company $2.6 billion to develop its Crew Dragon capsule. In the decade since, Boeing has struggled to deliver on the six missions it’s contracted to fly with NASA amid a myriad of delays and technical issues. SpaceX, meanwhile, has completed over a dozen crewed missions to space since 2020, launching both NASA astronauts and private citizens.In early June, Boeing launched its last test, a milestone crewed mission, which it needs to complete before NASA can certify Starliner to begin operational missions. Watch the video to learn more about the obstacles that Boeing has faced with its Starliner project and what the future may hold for its long-awaited capsule.Chapters:0:00 - Introduction3:00 - Legacy space player6:13 - Delays and hurdles9:44 - SpaceX competition11:27 - Future of StarlinerProduced and edited by: Magdalena PetrovaSupervising producer: Jeniece PettittAdditional footage: NASA, Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy It Took Boeing A Decade To Launch NASA Astronauts On Starliner
Is flying getting more expensive? It depends on where you are going CNBC 2024-06-09 | Americans traveling this summer have broadly seen prices fall for airline fares, a welcome trend after last year’s sticker shock.But airfare remains more expensive in 2024 for some regions and destinations, largely for trips abroad, data shows. Read more for ways you can save on your trip, according to experts: https://cnb.cx/3WNaeYs
Why Five Below Is So Volatile CNBC 2024-06-08 | Analysts call Five Below one the success stories of U.S. retail. It has continuously added new stores and generated strong revenue growth. However, as of late, the discretionary discount store's volatility has been exposed. The company missed Wall Street expectations on revenue and same-store sales in the fourth quarter of 2023 and first quarter of 2024, sending the stock price plummeting to its 52-week low in the first week of June. But some analysts are still bullish. Watch the video to learn more about Five Below.Correction (June 11, 2024): 0:56 We misstate the year Five Below aims to triple its store count. It should be 2030.Chapters:0:00 Introduction1:35 Chapter 1 - Growth5:40 Chapter 2 - Threats7:50 Chapter 3 - Looking aheadProduced by: Ryan BakerEdited by: Evan Lee Miller, Darren GeeterAnimation: Christina Locopo, Jason ReginatoSenior Managing Producer: Tala HadaviEditorial Support by: Gabrielle FonrougeAnimation: Jason Reginato, Christina LocopoAdditional Footage: Dollar General, Getty Images, Walmart» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Five Below Is So Volatile
Can Donald Trump Afford Mounting Legal Bills Following Hush Money Conviction? CNBC 2024-06-07 | Former U.S. President Donald Trump was found guilty of a long list of criminal charges last week for his role in covering up payments to adult film star Stormy Daniels. The verdict has added to a long list of legal battles that are costing the former president significant time and money in the presidential race. Meanwhile, President Biden has a wide lead in campaign funding and none of the same legal handicaps.Will the financial divide actually matter in the race? Early voter polls show a slight negative effect for Trump after the conviction, but are relatively unchanged. And in just 24 hours after the conviction, Trump’s campaign reported raising a record $52.8 million in online donations. So what are the fundraising tactics Trump is using to keep his political operation running against all odds? Will his legal challenges seriously hurt his shot at the White House?Produced by Merritt EnrightEdited by Tim HurtGraphics by Mithra KrishnanSupervising Producer, Jeff MorganteenAdditional Footage, Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCCan Donald Trump Afford Mounting Legal Bills Following Guilty Conviction?
Why Young Americans Are Flocking To Walmart’s Hometown In Arkansas CNBC 2024-06-06 | Walmart’s hometown of Bentonville, Arkansas has become a surprising boomtown with many amenities you might expect to find in New York, Austin or San Francisco – fancy restaurants, expensive craft cocktails, beautiful biking and running paths, a world-class art museum and a soon-to-open medical school. The town has more cranes per capita than any other U.S. city, with the biggest project being Walmart’s 350-acre new headquarters. The area population increases by 36 people every day and Bentonville is expected to swell to 200,000 by 2050, about 3.5 times today’s population. Bentonville will soon get another wave of newcomers as Walmart transfers many of its corporate employees from other cities. But with the boom comes big-city economic challenges, including a fast-moving housing market with low inventory and high prices. CNBC’s Melissa Repko travels to Bentonville to find out how Walmart has transformed its hometown.Chapters:0:00 Introduction2:21 Moving to Bentonville4:57 BoomtownProduced and shot by: Shawn BaldwinEdited by: Andrea MillerReporter: Melissa RepkoSupervising Producer: Jeniece PettittAdditional Production: Jodi Gralnick, Marc Ganley» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Young Americans Are Flocking To Walmart’s Hometown In Arkansas
Why EV Tariffs Wont Stop Chinese Cars CNBC 2024-06-05 | Today, China has the manufacturing capacity to supply half the world's cars. And it has its eyes on the United States. While there are already Chinese-owned brands available in the states, including Volvo, Polestar and Lotus, no true Chinese brands have arrived in the U.S. as of yet. Insiders say it's only a matter of time though. President Biden slapped Chinese automakers with stiff tariffs - effectively doubling the price of an imported EV May 2024. However, some insiders say tariffs may not be that effective in the long run, and may even do more harm than good.Chapters:0:00 - 01:45 Introduction - Why EV tariffs won't stop Chinese cars 01:53 Chapter 1- World’s biggest producer - 05:21 Chapter 2 - Tariffs 08:44 Chapter 3 - Alternatives Producer: Robert FerrisEditor: Darren GeeterAnimation: Christina Locopo, Jason ReginatoSenior Managing Producer: Tala HadaviAdditional footage: Getty Images, BYD, Polestar, Volvo, Geely, Tesla, Toyota, Honda» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy EV Tariffs Won't Stop Chinese Cars
What Is Spaving And How It’s Hurting Americans CNBC 2024-06-03 | Spaving - or spending more to save more - is a long-time tactic used by retailers to get consumers to spend on things they don't necessarily need, usually on impulse. As inflation persists and prices remain high, enticing deals and offers are attractive to cash-strapped consumers, but the financial pitfall could seriously affect people's wallets and credit scores if not managed well.Chapters:0:00 Introduction0:58 Chapter 1. A spending trap2:57 Chapter 2. Spaving on the rise6:29 Chapter 3. Stopping the habitProduced and Shot by: Natalie RiceEdited by: Evan Lee MillerAnimation: Jason Reginato, Christina LocopoSenior Managing Producer: Tala HadaviAdditional Footage: Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhat Is Spaving And How It’s Hurting Americans
Inflation is slowing—Heres why prices still arent going down CNBC 2024-06-03 | Historical data suggests the key factor in bringing down prices is a slowdown in consumer spending. Despite nearly half of Americans reporting feeling in a worse financial situation than five years ago, they’re still spending. Watch this video to learn more about why prices will likely remain high: youtu.be/CHdOnJhr6mY
What To Do If You Think You’re Underpaid CNBC 2024-06-02 | Only 34% of Americans are satisfied with how much they are paid at work, according to a March 2023 Pew Research Center survey. Career experts urge people to do market research before making a decision of whether to negotiate for more money or find a new job. Sometimes a discrepancy in pay between two employees may be due to market conditions. Watch the video above to learn more about what career experts recommend you do if you think you're being underpaid.Chapters:0:00 Introduction0:58 Earning less than a colleague3:14 Market research6:03 How to get more money8:39 DiscriminationProduced and Edited by: Charlotte MorabitoSupervising Producer: Lindsey JacobsonAdditional Footage: Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhat To Do If You Think You’re Underpaid
Why Automakers Are Invading Your Privacy CNBC 2024-06-01 | Cars are collectively a ‘privacy nightmare’ that has gone unaddressed for far too long, according to the Mozilla Foundation. A 2023 report from the group says privacy policies give automakers like GM, Nissan, Tesla and Toyota far too much access to personal data and latitude in what they do with it. Some high profile lawsuits highlight how car companies can and in some cases have collected data on drivers without their consent and passed it on to third parties, including insurance companies. Regulators and elected officials have taken notice and are planning legislation and other measures.01:54 Introduction - Why automakers are invading your privacy2:02 Chapter 1 - What is collected04:45 Chapter 2 - What they’re doing with it 08:35 Chapter 3 - The consent problem 11:45 Chapter 4 - The future Producer: Robert FerrisEditor: Darren GeeterAnimation: Christina Locopo, Jason ReginatoSenior Managing Producer: Tala HadaviAdditional footage: Getty Images, Tesla, Hyundai, Nissan, Kia, BMW, General Motors» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Automakers Are Invading Your Privacy
How the ‘universal language’ of Taylor Swift and Beyoncé is helping life at work CNBC 2024-05-31 | Co-workers regardless of age or job title are bonding over their shared love of Taylor Swift and/or Beyoncé. The two artists’ music and concert tours can provide co-workers a safe topic to discuss amid a heated political climate and infighting over issues such as return-to-office requirements. Read on for more on how companies are capitalizing on the cultural phenomena created by these tours: https://cnb.cx/3VaVhhI
Why Copper Demand Is Skyrocketing CNBC 2024-05-30 | Demand for copper is surging. The red metal, considered a barometer for economic health, is a vital component for the construction and defense industries as well as a key ingredient in electric cars, wind turbines and the power grid. Offshore wind, for example, requires about “three times as much copper as does coal-fired power generation in terms of tons per gigawatt of capacity.” But mining companies are having a hard time keeping up. Globally, existing mines and projects under construction will meet only 80% of copper needs by 2030. To keep up with demand the industry is faced with a number of obstacles. including the shortage of mining workers, navigating regulatory hurdles as well as pushback from local stakeholders. So what impact will the looming global copper shortage have on the transition to renewable energy sources? To look at the challenges facing copper producers, CNBC got a behind the scenes look at Rio Tinto’s Kennecott mining operation outside of Salt Lake City where about 200,000 metric tons of copper are produced annually.Chapters:0:00-2:22 Introduction 2:23-5:15 Chapter 1 Copper demand5:16-7:12 Chapter 2 Companies 7:13-10:45 Chapter 3 Mining in the U.S. Produced and Shot by: Shawn BaldwinEdited by: Nic Golden HenrySupervising Producer: Jeniece PettittAnimation: Jason ReginatoAdditional Footage: Getty Images, Daniela Zavala » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Copper Demand Is Skyrocketing
How much money the U.S. spends on war CNBC 2024-05-29 | U.S. defense spending and military aid costs are adding up. President Joe Biden signed a $95 billion U.S. military aid package in April 2024, allocating funding to Ukraine, Israel, Taiwan and the Indo-Pacific region. Watch the full video to learn more about where the U.S. sends military aid and personnel and how defense spending impacts the world at large: youtu.be/BlrhwfA4uUg
How The Toyota Tacoma Took On America’s Pickup Trucks CNBC 2024-05-28 | The pickup truck segment is perhaps Detroit’s last stronghold in the automotive market. And American manufacturers lead or outright dominate three out of four segments - compact, full-size and heavy duty are all led by Ford, GM and Stellantis. But for for the mid-size category, Toyota is king. The Toyota Tacoma outsells all of its rivals by large margin, and has had the longest running tenure in the segment. Consistency, careful attention to customers and Toyota’s stellar reputation for quality, durability and reliability have helped secure its lead, even when it hasn’t been the most innovative player. But the segment is growing more crowded. Watch the video above to learn how the Japanese automaker took the crown.Chapters:0:00 - 1:41 Title card - How Toyota took on America’s trucks 1:50 Chapter 1 - Staying the course4:45 Chapter 2 - The ‘good enough’ truck9:17 Chapter 3 - Challenges Producer: Robert FerrisEditor: Darren GeeterAnimation: Christina LocopoSenior Managing Producer: Tala HadaviPost Production Support: Evan Lee MillerAdditional footage: Getty Images, Ford, Toyota, GM, Hyundai, BMW, Mercedes, Rivian» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow The Toyota Tacoma Took On America’s Pickup Trucks
How cruises made their comeback CNBC 2024-05-27 | Royal Caribbean is leading the $61 billion cruise industry’s comeback. This comes just a couple of years after a 15-month pandemic era shutdown led to questions about whether the industry could ever recover. Watch the full video here: youtu.be/dcs6t2c3km8
How The Price Of Chocolates Key Ingredient Surged More Than 300% In 2024 CNBC 2024-05-25 | Chocolate's key ingredient cocoa has soared in price throughout 2024. The soft commodity reached $11,000 a ton for the first time ever, after costing suppliers less than $3,000 a ton two years ago. Factors like crop disease, El Niño, farm gate prices, and speculative market investment have all contributed to the classic sweet's historic run-up. Watch the video above to learn more about the causes of this lengthy move higher in price, and what's next for the industry.Produced and Edited by: Christian NunleyGraphics by: Christina LocopoSupervising Producer: Jeff MorganteenAdditional Footage: Getty Images, Nestle, Voyage Foods» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Preregister today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow The Price of Chocolate's Key Ingredient Surged More Than 300% in 2024
How college endowment funds work CNBC 2024-05-24 | Student protests against the ongoing Israel-Hamas conflict have called for college endowment funds to divest from Israel and the many American companies that do business there, including Google, Amazon, Boeing and Lockheed Martin.Watch the full video to learn more about how divesting from Israel and companies who do business there would actually work, and how it would affect the tens of billions of dollars at stake in college endowment funds: youtu.be/XeBmanpy4oc
Why Costco And Millennials Are Suddenly All About Gold CNBC 2024-05-23 | Millennials get a bad rap for killing a whole bunch of industries — cable television, landline phones, department stores.But there is one super old industry that’s seeing a big bounce from the millennial generation. in, fact, it’s so old that it goes back to ancient egypt.Gold.Millennials actually hold the largest allocation to gold in their portfolios when compared to other generations.Investors in that demographic hold an average of 17 percent of their portfolios in gold, compared to about 10 percent for baby boomers, according to state street data from 2023.And so far, in 2024, gold has been a solid bet. Prices have soared to record highs.So what’s behind the sudden interest in gold? and why is Costco of all places having trouble keep these small gold bars on store shelves?Host: Pippa StevensProducer: Kasey O'BrienEdited by: Tim HurtAssociate Producer: Micah WashingtonGraphics by: Christina Locopo and Jason ReginatoSupervising Producer: Jeff Morganteen» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Preregister today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgMConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow Costco And Record-High Prices Turned Gold Into A Hot Investment
Why Denver Is Struggling To Keep Up With Its Economic Boom CNBC 2024-05-22 | Over 100,000 people moved to Denver, Colorado between 2010-2020, becoming a hotbed of venture capital dollars and economic opportunity. The city is ranked 19th as the best startup city in the world, according to Pitchbook. But this rapid growth has created challenges for the city, including a labor and housing shortages. Now as the city becomes increasingly unaffordable, the population has plateaued. Additionally, an influx of 40,000 migrants in 2023 are weighing on the city's resources. Watch the video to learn more about the challenges that have come with Denver's rapid growth.Chapters:0:00 Introduction1:25 Growth5:45 Labor and Migrants8:20 Managing expansionProduced by: Ryan BakerEdited by: Darren GeeterAnimation: Christina LocopoSenior Managing Producer: Tala HadaviReporter: Carl QuintanillaSupervising Producer: Erica PosseSenior Executive Producer: Ray ParisiCamera and Audio by: Van Applegate, Dan Dvorak, Breck Larson, Oscar Molina, Tara McCurrie, Rob Stookey, Micheal Kranicke, Drew Levinson, Kevin Sanchez, Bob Tatlock, Marco MastrorilliAdditional Footage: Getty Images, Denver Metro Chamber of Commerce, Denver Arts & Venues» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Denver Is Struggling To Keep Up With Its Economic Boom
How working for Big Tech lost dream job status CNBC 2024-05-21 | Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the tech industry. Layoffs.fyi, a platform monitoring job cuts in the tech sector, recorded more than 263,000 job losses in 2023 alone. As of April, there have been more than 75,000 job losses in the industry so far in 2024. Watch the full video to learn about tech workers' sentiments, considerations for aspiring Big Tech employees, and more: youtu.be/ijkTBtBWJWs
What Happened To Etsy? CNBC 2024-05-20 | The online handmade goods marketplace, Etsy, is at a crossroads. After booming during the pandemic, the company's gross merchandise sales have been flat in 2022 and 2023. Etsy's stock is down more than 70% from its all-time high in 2021, and its first-quarter 2024 earnings report revealed another disappointing earnings miss. Some of its sellers say the company's laser-sharp focus on growth has pushed Etsy away from its core mission — to keep commerce human — and instead allows for an increasing number of drop shippers to join the platform.Chapters:0:00 Intro1:46 Chapter 1. A revolutionary idea5:39 Chapter 2. At a crossroads9:30 Chapter 3. The futureCorrection (May 21, 2024): At 4.27 we misstated that Josh Silverman laid off 22% of the staff. The correct number is 15%. The other 8% coincided with his appointment.Produced, Shot and edited by: Natalie RiceAnimation by: Christina Locopo, Jason ReginatoSenior Managing Producer: Tala HadaviEditorial Support: Jeniece PettittFootage: Getty Images, AP Photos, Etsy, Nicole Aline Legault, Chiarra LohrAdditional sourcing: FactSet, Oppenheimer & Co., Wayback Machine» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhat Happened To Etsy?
How fast food got so expensive CNBC 2024-05-19 | Prices at limited-service restaurants including Wendy's, Taco Bell, Chick-fil-A and Chipotle have increased more over the past decade than both full-service restaurants and overall inflation, according to the U.S. Bureau of Labor Statistics. Experts say rising labor costs are the main culprit. Watch the full video to learn more: youtu.be/8PTovCIa4c8
Can Boeing’s Purchase Of Spirit AeroSystems Help Solve Its Problems? CNBC 2024-05-18 | Boeing has struggled to get back on track after the fatal 737 Max 8 crashes in 2018 and 2019. The company announced it's in talks to buy back fuselage maker Spirit AeroSystems. A company Boeing spun off in 2005. Both companies have struggled with quality issues in recent years. Spirit AeroSystems, however, also supplies parts to Boeings main rival Airbus and other plane manufacturers making the deal a little complex.Chapters:0:00 Introduction2:29 Chapter 1 - Boeing Wichita 5:05 Chapter 2 - Spirit AeroSystems 8:00 Chapter 3 - Back to Boeing?11:22 Chapter 4 - What's nextProduced, Shot and Edited by: Erin BlackAnimation: Jason ReginatoSupervising Producer: Jeniece PettittEditorial Support: Leslie JosephsAdditional Reporting: Phil LeBeauAdditional footage: Getty Images, Airbus, American Airlines, Boeing, Spirit AeroSystems, United Airlines» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCCan Boeing’s Purchase Of Spirit AeroSystems Help Solve Its Problems?
Why Colleges Like Columbia, UCLA And Harvard Refused Demands To Divest From Israel CNBC 2024-05-17 | Student protests against the ongoing Israel-Hamas conflict have brought battalions of police in riot gear to college campuses, enraged some billionaire donors, and led to canceled graduation ceremonies.One constant refrain at these protests is the call for college endowment funds to divest from Israel and the many American companies that do business there. Tech companies such as Google and Amazon and defense contractors such as Boeing and Lockheed are on that list."These endowments are famously opaque," said Alison Taylor, clinical associate professor at New York University's Stern School of Business. "So there is very often not any information publicly available about what is happening to these funds. And that is, in fact, one of the student demands as well."Putting divestment into practice, though, is a tall order. Some universities, such as the University of California, Berkeley, agreed to review their investments. However, many universities have ignored the calls to divest from Israel or companies that do business there."Universities are reluctant to divest on any issue because it might lower the returns on their endowment, which would affect their ability to serve the needs of future students," said Witold Henisz, professor of management at The Wharton School, University of Pennsylvania. "If we introduce greater risk or lower returns in the endowment, there'll be less funds available to cover ... tuition assistance, to cover the running costs of the university for students who may not even be born yet."Watch the video above to learn more about how divesting from Israel and companies who do business there would actually work, and how it would affect the tens of billions of dollars at stake in college endowment funds.Produced by: Anuz ThapaEdited by: Michael HoytNarrated by: Jordan SmithGraphics by: Jason Reginato Supervising Producer: Jeff Morganteen» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Colleges Like Columbia, UCLA And Harvard Refused Demands To Divest From Israel
Can The U.S. Afford Its Military Aid Promises? CNBC 2024-05-16 | U.S. defense spending and military aid costs are adding up. President Joe Biden signed a $95 billion U.S. military aid package in April 2024, allocating funding to Ukraine, Israel, Taiwan and the Indo-Pacific region. This is on top of the National Defense Authorization Act of 2024, which authorized military spending of a record $886 billion. U.S. military spending and aid packages bolster the American defense industry. “People think we’re sending a big check to Ukraine”, Gregory Hayes, CEO of RTX, told CNBC’s “Squawk Box”. “The fact is what most of that money will do will go to support American defense industries here in the U.S." The five largest U.S. defense companies, Lockheed Martin, RTX, General Dynamics, Boeing and Northrop Grumman, had Department of Defense contracts totaling more than $118 billion in fiscal year 2022. “There’s a lot of foreign countries that get aid from the United States that’s predicated upon using that aid to buy U.S. hardware,” said Ken Herbert, aerospace and defense analyst at RBC Capital Markets, told CNBC. Watch this video to learn more about where the U.S. sends military aid and personnel and how defense spending impacts the world at large.Chapters:0:00 Introduction1:44 Chapter 1 - Where the U.S. sends money5:28 Chapter 2 - U.S. defense companies8:37 Chapter 3 - Boots on the groundProduced by: Shawn BaldwinEdited by: Andrea MillerAnimation: Jason ReginatoSupervising Producer: Lindsey JacobsonAdditional Footage: Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCCan The U.S. Afford Its Military Aid Promises?
Americans cant stop spaving — heres how to avoid this financial trap CNBC 2024-05-14 | Spending more to save more is an all-too-common pitfall. The opportunities for so-called spaving are nearly everywhere, whether it’s the lure of a “limited-time deal” or “buy one, get one free” or tacking on additional items to get a bigger discount or simply to reach the free shipping threshold. Read on more tips on how to avoid some of these financial traps: https://cnb.cx/3wmam6E
What’s Next For Tesla Superchargers After Elon Musk Laid Off The Entire Team CNBC 2024-05-13 | Tesla’s Supercharging network is the largest fast charging network in North America, and it’s often cited as the EV maker’s biggest competitive advantage. That network is valuable too, with analysts estimating that Tesla could own $7.4 billion of the public charging market by 2030. But in a surprise move, Elon Musk let go of Tesla’s entire Supercharging team, laying off about 500 people, including top executives. Now its future is in question. CNBC explores what’s next for Tesla’s Supercharger network.Chapters:0:00 Introduction3:52 Ch 1 Rise of Tesla's Superchargers7:49 Ch 2 Business of charging10:56 Ch 3 Opening up the network14:44 Ch 4 Supercharging dismantled18:15 Ch 5 What's nextProduced, Shot and Edited By: Andrew EversAdditional Reporting: Lora KolodnySupervising Producer: Jeniece PettittAdditional Production: Lisa Setyon, Katie Koontz, Evan MillerAnimation: Jason ReginatoNarration: Rob FerrisAdditional Footage: Tesla, Getty Images, Ford, Rivian» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhat’s Next For Tesla Superchargers After Elon Musk Laid Off The Entire Team
New Walmart in-store AI is giving employees advice on how to sell CNBC 2024-05-12 | Walmart is piloting a new in-store artificial intelligence to advise associates on everything from when bananas are likely to rot to when to mark down seasonal clothing. Read the full story here: https://cnb.cx/4bhGeYR
Why Prices Might Never Go Back Down CNBC 2024-05-11 | Historical data suggests the key factor in bringing down prices is a slowdown in consumer spending. Despite nearly half of Americans reporting feeling in a worse financial situation than five years ago, they’re still spending. Retail sales were up 2.1% year over year in the first quarter of this year and consumer spending jumped in February and March. Watch the video above to learn more about why prices will likely remain high.Chapters:0:00 Introduction1:04 Why everything is more expensive3:57 Statistics vs. experience9:21 Why prices likely won't go downProduced by: Charlotte MorabitoEdited by: Carlos WatersAnimation: Jason ReginatoAdditional Camera: Zac StaffiereSupervising Producer: Lindsey JacobsonAdditional Footage: Getty ImagesAdditional Sources: Bankrate, Bureau of Labor Statistics, Federal Reserve Bank of St. Louis, U.S. Census Bureau, Groundwork Collaborative» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Prices Might Never Go Back Down
How Retailers Like T.J. Maxx And Home Depot Quietly Target Problem Returners CNBC 2024-05-10 | Clarification: Best Buy ended its relationship with The Retail Equation in 2019, according to the company.It's no secret that retailers are cracking down on returns.In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Amazon, Macy's, T.J.Maxx, Walmart and Staples all rolled out changes to their established return policies. That may look like shrinking return windows, charging for some returns, or in some cases simply telling shoppers to "keep it"Shoppers racked up more than $5 trillion worth of retail sales in the U.S. last year, according to the National Retail Federation. About 14.5% of those sales were returned. That equates to an enormous value in returned goods: $743 billion in 2023 alone."Most of the returns that come back cost up to 40% of the original retail price to put that item back on the shelf," said Robert Overstreet, Iowa State assistant professor of supply chain management. "There's no guarantee they can sell it for what they originally asked for it, so they're losing money on both ends."The recent changes are just the latest effort to tamp down on return losses. Many large retailers in the U.S. have long been engaged in the practice of quietly tracking and targeting return behavior. According to a report by The Wall Street Journal, U.S. retailers use third-party loss-prevention services to track risky return behavior. This doesn't outright mean fraudulent activity, but rather behavior that "mimics" or could be linked to such behavior.The most notable third-party loss-prevention service is The Retail Equation, a software provider that tracks return behavior that retailers deem potentially fraudulent. It then assigns a return score to shoppers based on the data provided by retailers, giving the software the ability to override a store's return policy, leaving shoppers with no refund and a printed notice directing them to The Retail Equation's website to explain why their return was blocked.The problem is, many shoppers are unaware this type of tracking is even happening, leaving many feeling blindsided when they get to a return counter and are told they are not getting their money back. Or, even worse, they get banned from the practice of returning products to the store altogether.According to several now-dismissed lawsuits and Better Business Bureau complaints, customers reported they were following a store's return policy and were still issued a warning. Some customers complained the information found on their report given by The Retail Equation was incorrect and that they were left with no way of knowing or remedying the information until after their return was rebuffed.Watch the video above to hear more about how this tracking works and what types of behaviors might get a shopper flagged as a 'problem returner'.Producer: Devan BurrisEditor: Tim HurtAnimation: Jason Reginato, Christina LocopoSenior Producer: Jeff MorganteenAdditional footage: Getty Images» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCHow Retailers Like T.J. Maxx And Home Depot Quietly Target 'Problem' Returners
Why Job Listing Qualifications Feel Absurd CNBC 2024-05-09 | Lacking enough or the right experience, skills, credentials and/or education ranked second among the biggest barriers for jobseekers in 2022, according to McKinsey & Co. The cooling labor market has made it more difficult to find a job. Kory Kantenga, Senior Economist at LinkedIn, said that is felt acutely in the entry-level job market. Some workplace experts blame inflated job requirements and layoffs of recruiters, while others point to a skills miss-match between available jobs and recent graduate degrees. Watch the video to find out why job requirements have become so demanding and what that means for the entry level workforce.Chapters:00:00 Introduction01:50 Inflated requirements4:19 Entry-level jobs6:12 Upskilling9:57 Skills-based hiringProduced by Juhohn LeeEdited by Jack HillyerNarration by Andrea MillerAnimation by Jason Reginato, Christina LocopoSupervising Producer Lindsey JacobsonAdditional Footage: Getty ImagesAdditional Source: Federal Reserve Bank of Kansas City, Brookings Institution, Harvard Graduate School of Education» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Job Listing Qualifications Feel Absurd
Dave & Busters to allow customers to bet on arcade games CNBC 2024-05-08 | Arcade giant Dave & Buster’s is taking its games to a new level by offering social wagering on its app.Customers can soon make a friendly $5 wager on a Hot Shots basketball game, a bet on a Skee-Ball competition or on another arcade game. The betting function, expected to launch in the next few months, will work through the company’s app. Read more: https://cnb.cx/3Uojdwq
Why American Automakers Are Failing In China CNBC 2024-05-07 | Detroit automakers like General Motors made a fortune selling cars to Chinese consumers after the Asian country opened its auto market to foreign firms in the 1980s. But the good times are over as Chinese firms have caught up with the foreign firms who once taught them the automotive trade. Top names like BYD, Geely and Great Wall are now making globally competitive products and many companies with tech backgrounds are entering the industry, too, including Li Auto, XPeng, Nio, Xiaomi, Huawei, Baidu, Tencent and Alibaba. Jeep’s joint venture already went bankrupt, and one industry analyst said he expects Ford and GM to withdraw from the country in the next five years along with other such as Hyundai, Kia and Nissan.Chapters:00:00 - 2:09: Why American automakers are failing in China2:18 Chapter 1 - A massive market 4:13 Chapter 2 - Rise and fall 6:15 Chapter 3 - How it happened 11:22 Chapter 4 - High Productivity14:27 Chapter 5 - What’s next Producer: Robert FerrisEditor: Darren GeeterAnimation: Jason Reginato, Christina LocopoSenior Managing Producer: Tala HadaviEditorial Support: Jeniece PettittAdditional footage: Getty Images, BYD, Polestar, Hyundai MotorsAdditional sources: FactSet, Tesla, General Motors, Kiel Institute» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy American Automakers Are Failing In China
Why a $100K income no longer buys the American Dream in most places CNBC 2024-05-06 | More than half (52%) of Americans say they would need at least $100,000 a year to be financially comfortable, according to the August 2023 CNBC Your Money Survey. Watch the full video to learn more about how much it costs to achieve the American Dream: youtu.be/k5abCDqzdhM
Why Fast Food Has Gotten So Expensive CNBC 2024-05-05 | Prices at limited-service restaurants including Wendy's, Taco Bell, Chick-fil-A and Chipotle have increased more over the past decade than both full-service restaurants and overall inflation, according to the U.S. Bureau of Labor Statistics. Experts say rising labor costs are the main culprit. McDonald's underwhelming first-quarter 2024 earnings results are one example of a fast-food giant feeling the repercussions of its soaring prices. Watch the video to learn more.Chapters:0:00 Introduction4:30 Rising costs6:05 Looking aheadProduced and Shot by: Ryan BakerCamera by: Natalie RiceEdited by: Evan Lee MillerAnimation: Jason Reginato and Christina LocopoSupervising Producer: Jeniece PettittSenior Managing Producer: Tala HadaviAdditional Footage: Getty Images, Burger King, Chili’s, Subway» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevisionAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Want to make extra money outside of your day job? Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. CNBC Make It readers can use special discount code CNBC40 to get 40% off through 8/15/24: https://cnb.cx/4dFP9WaConnect with CNBC News OnlineGet the latest news: cnbc.comFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC on Threads: https://cnb.cx/threadsFollow CNBC News on X: https://cnb.cx/FollowCNBCFollow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC#CNBCWhy Fast Food Has Gotten So Expensive
Why Warren Buffett is such a big deal CNBC 2024-05-04 | The Berkshire Hathaway annual shareholders meeting, nicknamed the “Woodstock for Capitalists,” kicks off this weekend.But why is Warren Buffett, aka the “Oracle of Omaha,” such a big deal? CNBC’s Charlotte Morabito breaks it down.Watch the 2024 Berkshire Hathaway annual shareholders meeting on Saturday, May 4: cnbc.com/brklive
