OECD data suggests about 1 in 4 seniors in the U.S. are poor. Tweaking Social Security may be the best way to eradicate or reduce old-age income poverty.
Amazon stock jumps 8% after biggest profit beat since 2020. How the pros are playing it
Pros on CNBC discussed Amazon after the e-commerce retailer posted higher-than-expected quarterly results and its largest quarterly profit beat since 2020.
Why Mark Cuban doesn’t own yachts or hire house cleaners: ‘I try to be the same person I was when I was poor’
Mark Cuban may be a multi-billionaire, but he doesn’t have chauffeurs, butlers or a fancy yacht. Here’s why.
JPMorgan backs off recession call even with ‘very elevated’ risks
Economists at the country’s largest bank bailed on their recession call, joining a growing chorus that now thinks a contraction is no longer inevitable.
Consumers may soon get up to $14,000 or more in rebates for making energy-efficient home upgrades — if states sign on
Inflation Reduction Act created two consumer rebate programs tied to energy efficiency. Florida has signaled it won’t apply for the federal funding.
Money market funds are paying above 5%. What to know before ditching your savings account
Money market funds are now paying above 5%. Here’s what to know before transferring cash from a savings account.
The story of inflation, as told through your child’s backpack
Americans are expected to spend a record amount of school supplies this year. They’re feeling sticker shock as inflation continues to push up prices.
Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and more
These are the stocks posting the largest moves in midday trading.
Black unemployment rate ticks lower in July as jobs market remains tight
Black workers saw their jobless rate fall to 5.8% in July, Labor Department data showed Friday.
Here’s where the jobs are for July 2023 — in one chart
The health care and social assistance category grew by 87,100 jobs last month, continuing a hot streak.