Betty Fernandez (L), from Macy’s department store, speaks with Paul Cunningham about job openings during a job fair put on by Miami-Dade County and other sponsors on April 05, 2019 in Miami, Florida. Joe Raedle | Getty Images Hiring is slowing, but the September employment report should be just solid […]
CNBC News
Vice’s $400 million deal for Refinery29 illustrates the pointlessness of private valuations
Shane Smith Krisztian Bocsi | Bloomberg | Getty Images Fresh off its $400 million deal for Refinery29, Vice is valuing itself at about $3.6 billion. In related news, I’m valuing my house at $278 million. Sure, my neighbors houses are all worth less than $1 million, and my house looks […]
Cramer: Warren could temper her anti-wealth crusade if Sanders drops out
CNBC’s Jim Cramer said Thursday that if Sen. Bernie Sanders were to exit the 2020 presidential race, Sen. Elizabeth Warren would be free to loosen up her hard-line stance against Wall Street. “I was hoping that … if Bernie Sanders does drop out she doesn’t have to be worried about […]
Bernie Sanders will be at the next debate, spokeswoman says, one day after health scare
Democratic 2020 U.S. presidential candidate and U.S. Senator Bernie Sanders (I-VT) speaks at a campaign stop in Hooksett, New Hampshire, September 30, 2019. Brian Snyder | Reuters Bernie Sanders will be participating in the next Democratic presidential debate on Oct. 15 in Ohio, the senator’s campaign told CNBC on Thursday, […]
Traders make bullish bets on Costco, but there could be downside risks brewing
Betting on Costco could cost you, according to one expert. The wholesale giant’s stock got a wave of bullish bets in Wednesday’s trading session as options traders put money on their positive outlook for the company’s earnings report, scheduled for after Thursday’s closing bell. Call option activity — bets that […]
You can now go to school to train for cannabis jobs—but it may not be the best way to land a role
The U.S. cannabis market, if legalized, could be worth anywhere from $28 billion to $41 billion by 2028. And as more and more states move toward legalization, the cannabis industry is growing quickly, creating a demand for workers with a broad range of skills, from accounting and logistics to farming […]
New ad tech merger is latest sign rivals need to grow quickly to take on Facebook and Google
Taboola founder and chief executive Adam Singolda Andreas Rentz | Getty Images Digital advertising platforms Taboola and Outbrain, which provide content recommendation boxes on publisher websites, are merging in hopes of becoming a bigger competitor to digital advertising giants like Google and Facebook. Taboola and Outbrain are the companies that […]
PepsiCo CFO: The consumer is doing ‘just fine’ right now ‘as far as we can tell’
As investor concern about a coming recession drags down the stock market, the chief financial officer of PepsiCo said Thursday that the company is not seeing any slowdown in consumer spending across its business. “I can speak for our business, and what we see is a consumer that really likes […]
Uber launches a new app to connect gig workers with temp jobs as it seeks profitability
Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company’s initial public offering on the floor of the New York Stock Exchange, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Uber launched a new app that aims to connect gig workers with businesses […]
Apple will launch smaller, cheaper iPhone that’s just as powerful as iPhone 11 early next year Kuo
The iPhone 8 Nina Raja | CNBC Apple will launch the iPhone SE2 with an A13 chip, the same found in the iPhone 11, during the first quarter of 2020, according to TF International Securities analyst Ming-Chi Kuo. Kuo has an excellent track record of predicting Apple products ahead of […]