Traders work on the floor of the New York Stock Exchange. NYSE Stock markets have entered a new phase that will involve a broadening of last year’s bull market as big U.S. tech stocks come under pressure, according to the CIO of a Swiss private bank. Charles-Henry Monchau, chief investment officer at Bank Syz, told … Read more
Alexandrea Ravenelle, author of “Side Hustle Safety Net.” Courtesy: Alexandrea Ravenelle Alexandrea Ravenelle studies the decline of the one-job era. The sociologist chronicles the spread of the gig economy and the rise of “poly-working,” or working multiple jobs. Ravenelle points to research by the Federal Reserve that found 16% of American adults engage in gig … Read more
Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images) Brianna Soukup | Portland Press Herald | Getty Images DETROIT – Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023 … Read more
Apple launched its Vision Pro headset at its annual WWDC event on Monday, ending months of speculation that the Cupertino tech giant was getting ready to launch its own VR or augmented reality product. Josh Edelson | AFP | Getty Images Apple’s Vision Pro will launch in the U.S. on February 2, the company said … Read more
The brand new rocket, United Launch Alliance’s (ULA) Vulcan Centaur, lifts off from Space Launch Complex 41d at Cape Canaveral Space Force Station in Cape Canaveral, Florida, on January 8, 2024, for its maiden voyage, carrying Astrobotic’s Peregrine Lunar Lander. Chandan Khanna | AFP | Getty Images A new U.S. rocket reached orbit early Monday, … Read more
U.S. Secretary of State Antony Blinken waves as he boards an aircraft during his departure from Washington to travel to the Middle East, amid the Israel-Hamas conflict, at Joint Base Andrews, Maryland, U.S., January 4, 2024. Evelyn Hockstein | Reuters DUBAI, United Arab Emirates — U.S. Secretary of State Antony Blinken is due to meet … Read more
A ‘now hiring’ sign is displayed in a retail store in Manhattan on January 05, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
The airline industry’s dramatic climb from the depths of the pandemic may be ending soon. A review of multiple reports shows stabilization across several key metrics, as rapid growth ends and a new era of normalcy begins. “2024 is expected to mark the end of the dramatic year-on-year increases that have been characteristic of the … Read more
A ‘now hiring’ sign is displayed in a retail store in Manhattan on January 05, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment. … Read more
