About one in five Americans reported experiencing sexual harassment in the workplace, cutting across the population regardless of geographic location, income or political affiliation, a new survey said. The CNBC All-America Survey found that overall 19 percent of American adults said they have been victims of sexual harassment in the […]
CNBC News
Investors are flocking to Twitter, but the charts show that trouble is ahead
It’s a bird, it’s a plane … nope, it’s Twitter! Shares of Twitter have surged more than 50 percent this year, getting a boost this week on the heels of an upgrade from J.P. Morgan. Despite the move, one technician warns the stock may have flown too high, too fast. […]
Credit Suisse: McDonald’s new value menu will trigger a fast food pricing war
McDonald’s new value menu could be the spark to ignite a new fast-food price war, spelling upside for the Happy Meal restaurant and putting competitors to the test, according to Credit Suisse. As the globe’s largest restaurant by revenue, McDonald’s will be putting its size and market share to work […]
Bitcoin is the ‘most crowded’ investment in the world, according to widely followed investor survey
More traditional money managers are worried about bitcoin than ever before. The soaring digital currency topped the list of “most crowded trades” — a measure of sentiment on which a popular investment could quickly reverse its gains — in Bank of America Merrill Lynch’s December global fund manager survey released […]
Tax bill includes an incentive for US companies to invest in foreign manufacturing
The new tax bill was supposed to put America first as a destination for manufacturing, but one unintended consequence of the bill means some U.S. multinationals may see an advantage in adding facilities in foreign countries. But the tax law changes, on balance, are so much more beneficial to U.S.-based […]
Trump’s ‘America first’ tax bill has incentive for companies to invest overseas
The new tax bill was supposed to put America first as a destination for manufacturing, but one unintended consequence of the legislation means some U.S. multinationals may see an advantage in adding facilities in foreign countries. But the tax law changes, on balance, are so much more beneficial to U.S.-based […]
Holiday spending on track to be highest in at least 12 years: CNBC survey
Buoyant American attitudes on the economy look set to show up in plentiful, record-setting holiday spending this season. The CNBC All-America Survey found that average holiday spending intentions will top $900 for the first time in the 12-year history of the poll, eclipsing last year’s estimate of $702 by a […]
The ‘bond vigilantes’ may seize power in 2018 as worldwide debt swells
Bond vigilantes are poised to wrest back power in 2018. For the first time in four years, the U.S., Japanese, euro zone and UK governments will together issue more net debt than their central banks will buy. That gives investors a welcome chance to hold profligates to account. But markets […]
US shale oil drillers set to kick off the new year with big production gains
America’s shale drillers are poised to ring in the new year with strong growth in the U.S. oil patch, according to the latest forecast from the Department of Energy. Crude oil production from seven major shale regions is set to grow by 94,000 barrels a day in January, the department’s […]
Shares of Warren Buffett’s Berkshire Hathaway hit $300,000 — each — for the first time
One “A” share of Warren Buffett’s Berkshire Hathaway will set you back about $300,000 as of Monday. The conglomerate’s most expensive share class touched that milestone for the first time in the morning. It has outperformed the S&P 500 this year — rising more than 22 percent versus the index’s […]