CNBC’s Robert Frank reports on spending pull backs from the luxury consumer and what it could be signaling for the economy at large.

Pros on CNBC discussed Alphabet after the company missed on cloud revenue estimates in the third quarter.

The firm recommended a “barbell” of traditional defensive stocks, some select growth opportunities and late-cycle cyclical names.

Sticky inflation, white-collar layoffs, and surging interest rates are all putting pressure on a certain type of American — higher-income earners. Bank of America’s Consumer Checkpoint Survey for September 2023 found that high-income households have become more pessimistic about the economy. The same group also appears more cautious about spending because of soft wage growth… Continue reading The recession has finally begun, but only for rich Americans

RSE Ventures CEO Matt Higgins says aspiring entrepreneurs and side hustlers should study one particular billionaire: Airbnb co-founder Brian Chesky. Here’s why.

These are some of the stocks posting the largest moves in midday trading.

CNBC’s Robert Frank reports on the future of the luxury consumer.

These are the stocks posting the largest moves in premarket trading.

The president of the World Bank said Tuesday that it will be some time before progress toward a more peaceful Middle East can resume in earnest.

The head of the IMF on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon of an already gloomy economic outlook.