In this combination of photos taken in Pennsylvania, Democratic presidential nominee Vice President Kamala Harris speaks at a campaign event, Aug. 18, 2024, in Rochester, left, and Republican presidential nominee former President Donald Trump speaks during a campaign event, Aug. 19, 2024, in York. AP A gauge of economic misery that has a strong track … Read more
Brian Niccol, incoming CEO of Starbucks Anjali Sundaram | CNBC New Starbucks CEO Brian Niccol will focus on improving the chain’s U.S. business in his first 100 days on the job before he moves to fix its issues abroad, according to an open letter published on Tuesday. “… In some places — especially in the … Read more
Republican presidential nominee and former U.S. President Donald Trump speaks during a visit to Alro Steel manufacturing plant in Potterville, Michigan, U.S. August 29, 2024. Brian Snyder | Reuters When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, expect them to arrive with a stockpile … Read more
With the presidential election approaching, experts are sounding alarms about the upcoming expiration of the 2017 Tax Cuts and Jobs Act, or TCJA. Without action from Congress, trillions in tax breaks enacted by former President Donald Trump via the TCJA will expire after 2025. The outcome of the 2024 election will determine which political party … Read more
An oil pump jack is shown in a field on June 27, 2024 in Stanton, Texas. Brandon Bell | Getty Images News | Getty Images SINGAPORE — Global markets are severely overplaying an oil supply glut, said Jeff Currie, chief strategy officer of energy pathways at private equity giant Carlyle. Concerns about a supply glut … Read more
U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024. Kevin Lamarque | Reuters Earlier this summer, millions of federal student loan borrowers got a promising email. The Biden administration informed them that debt forgiveness … Read more
U.S. crude oil futures rebounded nearly 1% on Monday after posting the worst week since October 2023. The U.S. benchmark has fallen 15.8% so far in the third quarter while the Brent global benchmark has fallen more than 16.6%. “We have lost 400 million barrels of financial demand since early July,” Daan Struyven, oil research … Read more
Crowds of shoppers and visitors out on Oxford Street on 28th August 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — European stocks were higher on Monday, shrugging off more negative sentiment on Wall Street and in Asia-Pacific markets. The pan-European Stoxx 600 index was up 0.67% by 8:41 … Read more
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
If your dream retirement destination includes easy access to iconic amusement parks such as Walt Disney World and Universal Studios, you’re in luck. Orlando, Florida, has been named the best city to retire, per WalletHub’s list of the best and worst places to retire in 2024. But Orlando has far more to offer retirees than … Read more
