For many older Americans, record high prices are jeopardizing their financial security just as they approach or live in retirement, according to a recent survey from The Senior Citizens League, a non… [+2796 chars]
Millennial millionaires are temporarily shelving major purchases as interest rates and inflation rise, according to CNBC's Millionaire Survey. Nearly half of millennial millionaires say higher borro… [+4116 chars]
What happened Shares of Nvidia(NVDA -5.60%), Advanced Micro Devices(AMD -8.12%), and Qualcomm(QCOM -7.79%) were all down big again Thursday, off by 5.4%, 8.1%, and 7.2%, respectively, as of 1:16 p.m… [+4767 chars]
The Federal Reserve is stepping up its war on inflation. That means borrowing costs are going sharply higher for families and businesses. The US central bank increased its benchmark interest rate b… [+6214 chars]
New York (CNN Business)Hao Jia was so convinced in the potential of cryptocurrencies that he passed up a job at a large tech firm, Oracle, to take another offer he received in early April to be a sof… [+6993 chars]
Private equity boss Orlando Bravo has a somber warning for the technology industry. "I think there's more pain to come," Bravo, founder of buyout firm Thoma Bravo, told CNBC's "Squawk Box Europe" Th… [+1491 chars]
President Biden appeared to get defensive when asked during a Thursday interview if his energy policies were to blame for inflation. In his first interview with The Associated Press, the president … [+1618 chars]
The average costs fluctuate day to day, so these are prices as of June 16 as listed by AAA Gas Prices and updated by Oil Price Information Service (OPIS).
The U.S. stock market rout that has put U.S. equities in a bear market isn't just reducing the net worth of billionaires like Elon Musk and Jeff Bezos. It's also taking a toll on Americans' retiremen… [+4140 chars]
Amazon has finally announced the dates for Prime Day - the yearly two-day sales bonanza held by the retailer. Amazon Prime Day 2022 is scheduled for Tuesday,July 12 and Wednesday,July 13, the retail… [+3966 chars]
The C.D.C.s own panel of vaccine experts is set to take up the matter over two days this weekend. If that committee also gives a favorable recommendation, Dr. Rochelle P. Walensky, the agencys direct… [+1651 chars]
Energy companies in Wyoming and… Credit Suisse' favorite oil stocks… By Irina Slav - Jun 16, 2022, 7:00 AM CDTExxon has been investing more than it has been earning in the past five years, with the… [+1851 chars]