Containers are stacked on the deck of cargo ship Seamax New Haven as it is under way in New York Harbor in New York City, U.S. October 13, 2021. Brendan McDermid | Reuters The U.S. economic recovery slowed sharply in the previous three months, as products remained stranded at normally bustling ports, employers struggled to
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“Adulting” is hard. Budgeting can be harder. As a young adult just starting to live independently, it’s easy to make financial decisions, like racking up credit card debt or not saving enough, that come back to haunt you in the long run. To help young adults in need of a crash course in “adulting,” TODAY is launching a
Sequoia Capital Global Managing Partner Doug Leone speaks onstage during Day 2 of TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco, California. Steve Jennings | Getty Images Over the past half-century, Sequoia Capital has established itself as the envy of Silicon Valley, from early bets on Cisco, Apple and
In this article FB Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Zuckerberg testified about Facebook’s proposed cryptocurrency Libra, how his company will handle false and misleading information by political leaders during the 2020 campaign
[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer
Billionaire bond investor Jeffrey Gundlach said Friday that inflation in consumer prices likely will remain elevated through 2021 and stay above 4% through at least 2022. Citing pressures from shelter costs and rising wages, the head of DoubleLine Capital told CNBC that he sees the current inflation run as non-transitory and instead likely to persist
House Speaker Nancy Pelosi holds weekly press conference at the U.S. Senate in Washington D.C., United States on October 21, 2021. Yasin Ozturk | Anadolu Agency | Getty Images House Speaker Nancy Pelosi said Sunday that Democrats are close to finalizing an agreement on the social safety net plan that would allow for the bipartisan
A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021. Emily Elconin | Reuters Nearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the Centers for Disease Control and Prevention authorized extra doses of Moderna and Johnson & Johnson‘s
In this article SQ TWTR Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter co-founder Jack Dorsey weighed in on escalating inflation in the U.S.,
In this article FB With an image of himself on a screen in the background, Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Chip Somodevilla | Getty Images Facebook on Friday was hit with multiple
Pork and beef products are displayed on a shelf at a Safeway store on October 4, 2021 in San Francisco, California. Justin Sullivan | Getty Images There’s been a great deal of chatter of late in financial papers, broadsheets and business television on how to exactly describe, and deal with, the economic environment in which
Former federal prosecutor Renato Mariotti broke down the legal issues the Justice Department will have to weigh after the House asked the DOJ to criminally prosecute Trump advisor Steve Bannon over his refusal to cooperate with an investigation into the Jan. 6 attack on the Capitol. “They have to weigh, first of all, whether or
In this article AAPL Sundar Pichai, Google testifies at congressional hearing, March 25, 2021. CNBC Google said on Thursday that it’s lowering service fees in its app store after a similar move by Apple. Both companies have faced pressure to make their app stores more accessible to developers as lawmakers weigh new rules that could
Former President Donald Trump speaks to supporters during a rally at the Iowa State Fairgrounds on October 09, 2021 in Des Moines, Iowa. Scott Olson | Getty Images Former President Donald Trump announced Wednesday he will be launching his very own media network, including a social media platform called “TRUTH Social,” in order to “stand up to
Starship prototype SN15 returns for a landing on May 5, 2021 after a high-altitude flight test. SpaceX Between Elon Musk’s two largest companies, investors and experts have a long-term favorite. Most “institutional investors and industry experts” surveyed by Morgan Stanley expect SpaceX to become more valuable than Tesla, and see it as a more attractive
In this article SNAP FB CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap CEO Evan Spiegel on Tuesday said that regulation is not a substitute for the moral responsibility that
Russian tycoon Oleg Deripaska speaks to media in front of the office of Gorkovsky Automobile Plant (GAZ) in Nizhny Novgorod, Russia April 16, 2019. Maxim Shemetov | Reuters FBI agents are at the home of Russian energy tycoon Oleg Deripaska, the agency confirmed Tuesday. The agents are conducting “court-authorized law enforcement activity” at Deripaska’s home
Lori Glaze, director of NASA’s planetary science division, explained how the agency’s Lucy asteroid mission will help illuminate the solar system’s formation. “The Lucy mission is really exciting, it’s going out to visit these special asteroids that are, they orbit the sun at about the same distance as Jupiter … and they’re special remnants that
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