business news
Stock futures are flat following a 2-day losing streak for the major averages
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 6, 2022. Brendan McDermid | Reuters Stock futures were flat in overnight trading Wednesday after a two-day losing streak for the major averages as investors digested the Federal Reserve’s plans to tighten monetary policy. Futures on the Dow Jones […]
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Disney’s networks among outlets that will air new PSA featuring trans teen
Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt Disney Co.’s response to controversial legislation passed in Florida known as the “Don’t Say Gay” bill. Octavio Jones | Getty Images News | Getty […]
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Developers are turning to master-planned communities to solve the housing affordability crisis
Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed in over 20 years, according to the National Association of Realtors. That’s dramatically pushing up prices for consumers, and catching the […]
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Levi Strauss earnings top estimates as shoppers buy at higher prices, denim retailer reaffirms 2022 outlook
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer Levi Strauss & Co. on Tuesday reported fiscal first-quarter earnings and revenue that topped analysts’ estimates as it sold more […]
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‘It’s a lifelong experience.’ Governors say financial education should extend beyond school years
Student Olivia Raymond participates in a personal finance course in her middle school class in West Orange, New Jersey, in February 2020. CNBC Pursuing financial literacy is something that should continue beyond traditional school years, according to several state governors. “We think it’s a lifelong experience,” New Jersey Gov. Phil Murphy told CNBC’s Sharon Epperson […]
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Walgreens expands its medical-care offerings in major California markets
Walgreens is opening more Health Corner locations through a deal with Blue Shield of California. At the dedicated spaces, it can provide medical care that’s billed to the insurer. Blue Shield of California At Walgreens stores in California, the drugstore chain is previewing how it plans to become a place where more customers go for […]
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Bitcoin 2022 kicks off in Miami, crypto prices plunge, and DeFi with bitcoin: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s MacKenzie […]
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Fed officials plan to shrink the balance sheet by $95 billion a month, meeting minutes indicate
Federal Reserve officials discussed how they want to reduce their trillions in bond holdings at the March meeting, with a consensus amount around $95 billion, minutes released Wednesday showed. Officials “generally agreed” that a limit of $60 billion in Treasurys and $35 billion in mortgage-backed securities would be allowed to roll off, phased in over […]
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NFL gets a warning from state attorneys general: Address women’s hostile-workplace claims, or face investigations
Roger Goodell Catalina Fragoso | USA TODAY Sports | Reuters Attorneys general of six states warned the National Football League on Wednesday to take “swift action” in responding to recent allegations a “workplace culture that is overtly hostile to women,” or face investigations and possible legal charges. The coalition told NFL Commissioner Roger Goodell in […]
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‘Amazon here we come’: Biden boosts warehouse unionization efforts
U.S. President Joe Biden delivers remarks on the March jobs report, during a speech in the State Dining Room at the White House in Washington, U.S., April 1, 2022. Kevin Lamarque | Reuters President Joe Biden on Wednesday expressed support for efforts to unionize Amazon workers, after one of the company’s warehouses voted to join […]
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