Columbus, OH

Richard Fisher, senior adviser at Jefferies and former Dallas Fed president, joins CNBC to discuss expectations for the Fed, whether the market is getting ahead of itself in pricing in cuts, and more.

25 basis points is 'most likely outcome' for Fed rate cuts depending on data, says Jefferies' Fisher

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. Markets try to shrug off Nvidia. hit a new closing high,...

CNBC Daily Open: Nvidia fell, but that may be a good thing

The five Asian trading firms in Warren Buffett-backed Berkshire Hathaway's portfolio — Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co, and Sumitomo Corp — have surged, with one rising as much 30% in 2024. These five names are also the biggest of Japan's so-called sogo-shosha, or general...

These Asian firms in Buffett's Berkshire Hathaway portfolio have surged, with one soaring 30%

Gold prices eased on Friday, but were on track for a second straight month of gains on rising bets of a Federal Reserve rate cut next month, while traders awaited key U.S. inflation data for additional guidance. The "overall trend in gold remains bullish due to lower rates and geopolitical...

Gold set for monthly rise; eyes on U.S. inflation data

In 2021, I was 36 years old, and I had a big year. Thanks to the income streams that grew from my blog and podcast, I started making enough passive income to quit my 9-to-5. This financial freedom made me start to think about what other goals I wanted to achieve, starting with what I wanted from my environment.

My dream was to own a home in Puerto Rico—at 37, I bought an oceanfront condo: Take a look inside my 'slice of paradise'

The cost of a college education — long touted as a requirement for a fulfilling, high-paying job — has soared over the last couple of decades, stoking skepticism among Gen Z about the true value of a four-year degree. As the youngest generation in the workforce debates the...

Meet the Gen Zers skipping college to take blue-collar jobs and launch trade businesses: ‘One of the smartest decisions I ever made’

The 6th U.S. Circuit Court of Appeals said a lower court judge had discretion to let drivers sue in groups over Cadillac, Chevrolet and GMC vehicles equipped with 8L45 or 8L90 eight-speed automatic transmissions, and sold in the 2015 through 2019 model years. Drivers said the vehicles shudder and shake...

GM must face big class action over faulty transmissions

CNBC brings you fast, accurate, and actionable business news and market updates.

The Late Morning Rundown: August 30, 2024

A "September surge," or the idea that more job postings become available after Labor Day, is tied to the end of the summer slowdown as recruiters and hiring managers come back from vacation, career experts say. There is no data backing the theory, said Julia Pollak, chief economist at ZipRecruiter....

Here's what to consider if you're actively looking for a job this fall, experts say

Denver, CO

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David Heitz

Providers of Denver’s traditionally homeless have been finding unhoused migrants in their lines, too, in search of everything from diapers to shampoo. An organization that for decades has provided services to Denver’s unhoused, Haven of Hope, may land a $6 million contract to administer the Denver Asylum Seekers Program for the migrants.

Denver postpones vote on $6M contract for migrant program with homeless services provider

Casey Lewis, After School founder, joins 'The Exchange' to discuss why Gen Z is looking to retail company Abercrombie & Fitch, retail trends amongst the age group, and more.

Why Abercrombie is resonating with Gen Z

Angry Aurorans and Denverites on social media poked fun at the news media Friday as more information came out about Venezuelan gangs on the Front Range. Aurora Mayor Mike Coffman posted on Facebook that the city will use court orders to shut down additional apartment complexes that have been infiltrated by the gangs. It seemed to contradict comments made by Gov. Jared Polis, who said the gang problem was a figment of Aurora council member Danielle Jurinsky’s imagination.

Migrant gang crisis underrated: Denver media criticized

Being mentally strong requires productive self-regulation of your emotions, thoughts, and behaviors. Yet few things are as difficult to control as a sense of confidence. You might feel self-assured one moment, and then something external, like a bad meeting with a boss, can send you into a spiral of insecurity.

If you can make these 8 mindset changes, you'll have more confidence and mental strength than most

Even with declining mortgage rates, the number of pending home sales fell last month to the lowest level on record, a National Association of Realtors report reveals. NAR's Pending Home Sales Index shows that the number of pending home sales dropped 5.5% in July and was down 8.5% compared with a year earlier, reaching the lowest level since the index was first established in 2001.

Fewer people are purchasing homes, despite high demand—buyers are in 'wait and see' mode

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Georgia State

Daily Coffee Press

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

CNBC's Julia Boorstin joins 'Power Lunch' to report on how the airline industry is using AI in the sky.

Airlines are leaning into AI to improve flights

New Jersey State

Jersey City, NJ

Morristown Minute

MORRISTOWN, NJ - Two members of a Jersey City gang associated with the Marion Gardens Housing Complex were sentenced to lengthy prison terms for their involvement in multiple shootings and other gang-related crimes, U.S. Attorney Philip R. Sellinger announced today.

Gang Members Sentenced: 31 Years for Violent Crimes

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. India's economic map is being redrawn. While the nation's mega cities...

CNBC's Inside India newsletter: A tale of tier 2 cities

Newark, NJ

NEW JERSEY - Alain Rodrigues, a 49-year-old Middlesex County resident and owner of a construction business in Old Bridge and Newark, New Jersey, has admitted to charges of tax evasion and failure to collect and pay over taxes. U.S. Attorney Philip R. Sellinger announced that Rodrigues entered his guilty plea on August 1, 2024, before U.S. District Judge Esther Salas in Newark federal court.

Construction Business Owner Admits Tax Evasion, Owes $1.35M

NewsBreak

Gold hits over 2-week low as investors book profit; U.S. data in focus

Gold prices slipped to its lowest in over two weeks on Thursday as profit-taking kicked in after gold's recent rally, while traders awaited U.S. economic data...

Gold hits over 2-week low as investors book profit; U.S. data in focus

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