A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty Images When Rachel Burress moved into her mother’s house around a decade ago, it seemed like a short-term stop on the path to homeownership. The 35-year-old hairdresser spent those years improving her credit score and saving for … Read more
In this mobile world, we have more choices than ever about where to live. Companies in search of skilled workers know this, especially when there are far more open positions than there are workers available to fill them. That is why they consider quality of life when deciding where to locate. CNBC’s annual ranking of … Read more
The job market may have cooled a bit, but there are still far more job openings nationwide than there are people available to fill them. That means qualified workers are still a precious commodity. So, companies seeking to attract great employees like to set up shop in states that offer a great quality of life. … Read more
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. Brendan Mcdermid | Reuters Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world. Americans’ preference for the U.S. also extends to investing, where they … Read more
Inflation has come down considerably from its post-pandemic peak of 9% in 2022, and just went negative on a monthly basis for the first time since May 2020, but prices are still higher than Federal Reserve policymakers say is appropriate for a stable economy. Further hurting the ability to make ends meet: a growing insurance … Read more
How big of a deal is artificial intelligence? Russell Wald, deputy director of the Stanford Institute for Human-Centered Artificial Intelligence, likens it to the printing press. “This technology is a general purpose technology that’s going to affect everyone and everywhere,” he said. The mere fact Stanford has a whole institute devoted to AI is a … Read more
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for consumers. Deflation measures how quickly prices are falling for a consumer good or service. It’s the opposite of inflation, which gauges how quickly prices are increasing. Physical goods have accounted for much of the deflation … Read more
Inflation has loosened its grip considerably from a high of more than 9% in the wake of the pandemic. The first monthly decline since May 2020 in the June CPI reflects the progress bringing down prices. But it is still holding onto Americans’ wallets, and in some places tighter than others. The cost of living … Read more
Concerns are growing about how a far-right policy agenda known as Project 2025 could influence a second Donald Trump presidency — as well as Canada’s relationship with the United States. Democrats have been attempting to tie Trump to the controversial initiative and convince voters its extreme conservative policies would be representative of how Trump will … Read more
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures. “There has been some … Read more
