Mountain View, CA

CNBC's Steve Liesman reports on news from the Federal Reserve.

Fed's Waller: Time has come to lower the Federal Funds rate

David Kelly, JPMorgan Asset Management chief global strategist, joins 'Squawk on the Street' to discuss how the Fed digests data revisions, the delicacy of rate cuts, and much more.

It's important for the Fed to cut rates by just 25 basis points in September, says JPMorgan's Kelly

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An Aldi shopper recently shared her disturbing experience with a moldy rice package from the supermarket, sparking debate. A TikTok user named @defonotlils posted a video on June 6 that quickly became popular, accumulating more than 674,600 views. In the video, she shares what happened after finding out about something.

This is why I don’t shop at Aldi: Woman can’t believe what she found in her packaged rice from Aldi

The Mega Millions jackpot has been growing every week since its last winner in June, reaching $740 million — the seventh largest in history — ahead of its next draw on Friday at 11 p.m. ET. Assuming you'll defy the 1 in 302,575,350 odds of winning Friday night's...

Mega Millions' $740 million jackpot has 2 payout options—how to avoid 'blowing all the money,' from financial experts

At least a half-dozen companies have hit the $1 trillion mark. Next up could be the first individual person to become a trillionaire. More than 100 years after the first billionaire, the first trillionaire could well be crowned in the next decade. A version of this article first appeared in...

Top 10 people most likely to reach trillionaire status

Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But things have changed since then. The industry is facing a range of issues, from regulation to macroeconomics, China and EVs. Issues in the automotive sector may also have spill over effects...

Once the envy of the world, Germany's car brands now weigh heavily on its struggling economy

Amid high prices, steep interest rates, and unemployment worries, the New Zealand government estimates that a record 131,200 of its citizens have moved overseas in the past 12 months through June. A lack of quality jobs for kiwis, especially New Zealand's younger generations, is accelerating the exodus, with the trend...

'Economic refugees' flee from New Zealand as cost-of-living crisis deepens

Columbus, OH

Gahanna, OH

A little-known suburb outside Columbus, Ohio, is the most in-demand real estate market in the U.S. for the second year in a row, according to a recent Realtor.com study. Gahanna, Ohio, ranked as the "hottest" ZIP code out of the 29,000 analyzed throughout the country in 2024, based on how often listings were viewed on Realtor.com, as well as how quickly they sold.

The 10 most in-demand U.S. ZIP codes for homebuyers—an Ohio suburb is No. 1

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Layoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring hit the lowest in the 19 years of a Challenger, Gray & Christmas survey. The report showed the biggest growth in planned layoffs came in the technology field, with companies announcing 41,829 cuts,...

Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows

'Mad Money' host Jim Cramer looks at viewer portfolios to deem if they are diversified or if there's work to do.

Jim Cramer grades viewer portfolios for diversification

Mike Khouw, chief strategist with OpenInterest.PRO, joins CNBC's 'Power Lunch' to discuss what the options market shows about how much "safety demand" there is from investors, how to position, and more.

Market Navigator: Consumer staples show overcrowding in 'safety trade'

Nationwide, active listings in August were up 36% compared with the same month last year, according to a new report from Realtor.com. The growth in supply is due to the fact that homes are sitting on the market longer. While supply is increasing in most cities, some like Tampa, Florida,...

Home listings are up more than 60% in some cities. Here's where

Tim Seymour, CIO at Seymour Asset Management, Dan Nathan, principal at Risk Reversal Advisors, and Steve Grasso, CEO at Grasso Global, join 'Fast Money' to discuss what the August jobs report suggests about the economy, their expectations for the Fed, and more.

August jobs report doesn't scream a recession, says Tim Seymour

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A man has sparked heated debate online after deciding to take a solo trip for his 40th birthday, despite his girlfriend's financial struggles. The man, who has been dating his girlfriend for three months, shared his dilemma on a popular Reddit forum.

Boyfriend Taking Vacation Alone Since Girlfriend Can't Afford It Asks if He's in the Wrong

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.43% from 6.44%. Applications for a mortgage to purchase a home did rise 3% for the week but are still 4% lower than the same week one year ago. Mortgage demand is...

Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again

'Mad Money' host Jim Cramer reveals his stocks picks for his fantasy stock portfolio.

Apple is like the quarterback of your portfolio, says Jim Cramer

Fall is nearly here, and that means it's time to schedule the vaccinations that will help bolster your immune system and better protect yourself against some of the most popular respiratory illnesses. This summer, we saw a surge in Covid cases, that started in early June. And health experts predict...

Covid-19, flu, RSV: Vaccine recommendations for fall—and the best time to get them

The company said the proposal was "opportunistically timed and grossly undervalues our standalone path and the additional actionable avenues we see to realize and unlock shareholder value in the near- to medium-term." Even if Couche-Tard increases its offer "very significantly," Seven & i said the proposal does not consider the...

7-Eleven's parent company rejects $38.6 billion takeover bid, says offer 'grossly undervalues' company

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Second-day drop. On Wednesday, the S&P 500 and Nasdaq Composite fell...

CNBC Daily Open: Rate cuts need to start before inflation’s 2%

NewsBreak

If Fed cuts rates in Sept., they will be under enormous pressure to cut again, says Vincent Reinhart

Vincent Reinhart, Dreyfus and Mellon chief...

If Fed cuts rates in Sept., they will be under enormous pressure to cut again, says Vincent Reinhart

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