iPhone 11 Todd Haselton | CNBC Apple‘s new iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max are arriving on doorsteps and in stores on Friday. But, if you bought the regular iPhone 11, and not one of the Pro models, you have one more accessory to buy. The […]
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Trump says he doesn’t need a trade deal with China before the 2020 election
President Donald Trump on Friday said he doesn’t think he needs to strike a trade deal with China before the 2020 presidential election. “No, I don’t think I need it before the election,” Trump told CNBC’s Eamon Javers during a news conference at the White House alongside Australian Prime Minister […]
Goldman Sachs says the market is about to get wild in October
Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images For investors taking a breather from the chaos in August, buckle up as the market is about to go […]
I’m worried about industrials — Cramer sounds the alarm about a major pillar of US economy
CNBC’s Jim Cramer raised concerns Friday about a major part of the U.S. economy. The “Mad Money” host said he’s feeling a new level of “anxiety about industrial” companies. “Small- and medium-sized businesses [are] doing well; big industrial just not doing well.” Smaller companies are faring OK because U.S. consumer […]
There are only 3 situations when it ‘makes sense’ to borrow from your 401(k), experts say
While it’s generally a bad idea to dip into your retirement savings early, there are certain situations when borrowing from your 401(k) ahead of retirement “makes sense,” Catherine Golladay, president of Schwab Retirement Plan Services, tells CNBC Make It. “Generally speaking, people should only borrow from their 401(k) as a […]
Lawmakers urge FDA to immediately pull Juul, other e-cigarettes, from the market
A collection of popular vaping products include Suorin, Juul and Blu are displayed for Cheryl Phillips’ presentation at St. Joseph Mercy Canton Health Center in Canton on Monday, Sept. 24, 2018. The U.S. Food and Drug Administration has announced a series of policies to attack what it calls “the epidemic […]
Facebook still plans to launch digital currency in 2020 despite pushback from regulators
David Marcus, head of blockchain with Facebook Inc., speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 16, 2019. Andrew Harrer | Bloomberg | Getty Images Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper […]
Thousands more workers furloughed with more coming as GM, suppliers idle plants in UAW strike
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 18, 2019 in Detroit. Michael Wayland / CNBC DETROIT — Thousands of Canadian auto industry workers have been furloughed, with more temporary layoffs coming, as negotiations on a new labor contract between General Motors and […]
Taxes are the least of Elizabeth Warren’s ‘Medicare for All’ problems
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks during a town hall event September 19, 2019 in Iowa City, Iowa. Joshua Lott | Getty Images But even if Warren added more funding details and strengthened her public responses to questions about taxes, all of these government-funded health coverage plans from […]
Fed Vice Chair Clarida says the Fed will take interest rate policy ‘meeting by meeting’
The Federal Reserve is taking a meeting-by-meeting approach to setting interest rates and for now is not committed to a set course of action ahead, Vice Chairman Richard Clarida told CNBC. “We’re gonna take this meeting by meeting. We’re not on a preset course,” Clarida told Sara Eisen during an interview Friday […]