Millennial works works 3 jobs to pay off her student loans in Houston

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. Shonnita Leslie always had a passion for education. But by the time she earned her bachelor’s degree in sociology and master’s of education in psychology with a concentration in school counseling in 2009, … Read more

The top 10 things to watch in the stock market Friday

Our top 10 things to watch Friday, March 15 1. Stocks opened lower Friday, following a losing day on Wall Street. The S & P and Dow Jones are still pacing to end the week in the black, while the Nasdaq is on track to finish lower. Meanwhile, bitcoin dropped around $5,000 overnight to about $67,000 … Read more

Amazon and other retailers hit by refund fraud costing them billions

A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images Just before midnight on May 4, 2023, police were called to an Amazon warehouse in Chattanooga, Tennessee, to investigate a reported theft.  They were met by a loss prevention employee, who directed … Read more

A successful Reddit IPO would be bad news for the bull market

There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, seemingly for ages. Until Reddit. Its initial public offering — which will probably come at a $7 billion valuation and an odd price tag of … Read more

Fraudster impersonated Mansour family to peddle fake Airbnb equity

The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images When prosecutors announced the plea deal late last week of Shamoon Rafiq, who ran a $10 million scheme that duped investors into buying into pre-IPO tech companies like … Read more

The Fed’s rate hikes did little to slow our robust economy

Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into retail earnings hell — a period where too many retailers report all at once and the comparisons become odiously confusing, starting with Walmart and Home … Read more

Meta says Broadcom CEO Hock Tan is joining board of directors

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Meta said Wednesday that Broadcom CEO president Hock Tan and philanthropist and former Enron executive John Arnold are joining the company’s board of directors. Tan has been leading the semiconductor giant since 2006, giving him extensive international experience working in computing infrastructure technology. Meta is investing … Read more

5 things to know before the stock market opens Monday

1. Record run Here are the most important news items that investors need to start their trading day: The S&P 500 closed above 5,000 on Friday for the first time as U.S. stocks continued their steady climb. The S&P, Dow Jones Industrial Average and Nasdaq have all risen for five straight weeks. A slate of … Read more

AI lobbying spikes nearly 200% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid growing calls for AI regulation and the … Read more

The future of computing and entertainment

Apple Vision Pro Todd Haselton | CNBC It’s night. I’m at a lake near Oregon’s Mount Hood, sitting on the beach. Jazz music is playing as I write. I’m not in the real world. Well, I sort of am.  I’m wearing Apple’s new Vision Pro headset, which looks like a fancy pair of glowing ski … Read more