The U.S. jobs market startled everyone last month with its blockbuster February report of 313,000 new jobs, compared with the 205,000 expected. But the growing job market may soon be cooling down, said Robert Brusca, founder and chief economist at Fact & Opinion Economics, a consulting firm. “I’m not that […]
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Target settles claims it screened blacks, Hispanics out of jobs
Target has agreed to pay $3.74 million and upgrade its hiring process to settle a lawsuit claiming its use of criminal background checks kept thousands of black and Hispanic job applicants from employment. The preliminary settlement filed on Thursday with the U.S. District Court in Manhattan requires a judge’s approval. […]
Here’s how we’ll know when it’s an actual trade war
In just over a month, what began with tariffs on steel and aluminum has grown into a war of words between the U.S. and China — a showdown now threatening nearly 1,500 product lines. Yet even as the loudest voices in President Donald Trump‘s administration ratchet up their protectionist talk, […]
Entrepreneur who started Odwalla with $200 shares the best business advice he got from Steve Jobs
In the early 1980s, Greg Steltenpohl borrowed $200 to buy “a little hand squeezer and some bottles and a box of oranges,” he tells CNBC Make It. He and his band at the time started selling juice out of their Volkswagen van in the Bay Area as “a way to […]
Flying with a pet? Airline group creates program to ensure safety of traveling animals
After a spate of incidents last month about animals mishandled on flights, a worldwide airline group announced Thursday the creation of a program to certify standards for the safety and welfare of traveling animals. “As an industry, we have a duty of care to ensure that standards and best practices […]
Apple has a new 2019 plan for its most powerful Mac yet — and the stakes are especially high
Apple told TechCrunch that it plans to release a new Mac Pro computer in 2019 — a desktop computer that will set the tone for the developers and businesses that are critical to the company’s future. (The company later confirmed the plan to CNBC.) In fact, even if the new […]
Why Americans in every state can’t save more money
Saving money is easier said than done for many people. In a 2017 survey, GOBankingRates found that 57 percent of Americans have less than $1,000 in a savings account. To find out what’s stopping people from saving more money, we asked more than 5,000 adults, “What is the main obstacle […]
These 7 international retailers want to make a splash in the U.S.
Most shoppers have probably heard of Zara, H&M, Uniqlo, Aldi or Lidl, all retailers that ventured into the U.S. after they found success overseas. Now, the number of international retailers — apparel brands, grocers, cosmetics companies and more — looking to move to America is growing at a rapid clip, […]
Dimon spoke to Trump a month ago to soften trade policy: ‘We weren’t very effective’
J.P. Morgan Chairman and CEO Jamie Dimon says he tried to persuade President Donald Trump to change his trade policy plans. “I am the chairman of the Business Roundtable, so we periodically … go talk to him [Trump] about issues that are important to the business community like trade, immigration, […]
BMW pilots a $3,700-a-month service that lets you drive any model you want
German carmaker BMW is piloting a monthly subscription service, which will let drivers get access to a fleet of cars, whether they feel like driving a 5-series sedan to the office or using a faster M2 coupe for the weekend. The $2,000 fee (plus a $575 joining cost) includes delivery […]