Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors. The reading, which is based on signed contracts during the month, is a forward-looking indicator of closed sales as well as the most current look […]
CNBC News
In job hiring process, most workers say they already sense AI, but the bias issue is far from solved
Claudenakagawa | Istock | Getty Images The latest generation of artificial intelligence is officially old enough for human-centered business controversy, with companies like OpenAI and Microsoft embedded in the debate. Even with this so-called milestone, many industries remain hesitant to test the AI waters to their fullest capacity, including human […]
Why the $7,500 electric vehicle tax credit may be easier — and harder — to get in 2024
Praetorianphoto | E+ | Getty Images The $7,500 tax credit for new electric vehicles will be easier for many consumers to claim in 2024, but it may be more difficult for others. These opposing dynamics are due to federal policies taking effect at the same time. One policy kicking in […]
Top 10 things to watch in the stock market Thursday
Our top 10 things to watch Thursday, Dec. 28 1. The broad market S & P 500 index is still looking for that new all-time high to beat 4,796.56, the previous high set on Jan. 3, 2022. Nasdaq remains roughly 6% off an all-time closing high, but the Nasdaq 100 […]
A ‘significant objection’ to 529 college savings plans will go away on Jan. 1. ‘This is a big deal,’ expert says
Up until now, 529 savings plans were widely considered the best way to save for college. But there was always a major sticking point, according to financial experts and plan investors. The funds had to be used for qualified education expenses such as tuition, fees, books, and room and board. Even though the […]
Amid economic uncertainty, women make Fortune 500 C-suite progress, but see startup funding plateau
Over the course of 2023, women made progress toward gender equity in corporate America but, in a year of corporate belt-tightening and continued uncertainty about the post-pandemic economy, progress was slow. America’s biggest and most profitable companies are leading the way when it comes to driving gender diversity, even […]
Russia’s Lavrov claims Ukraine’s Western allies are quietly changing strategy in bid to end conflict
Russian Foreign Minister Sergey Lavrov on Thursday said that Western nations are quietly changing strategy regarding the war in Ukraine. “Some ‘calls’ begin, whispers, like, why don’t you meet with someone in Europe who would be ready to talk, and talk about Ukraine without Ukraine,” Lavrov told state-owned news organizations […]
Startup bubble fueled by Fed’s cheap money policy finally burst in 2023
Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking […]
Reset your finances for 2024 in one afternoon with this 5-step money checklist
If you have some time over the holiday break, consider taking a financial hygiene day to prepare yourself for the new year. Personally, I review my finances every year around Christmas since I’ve likely blown my budget on gifts and travel. It’s also the time of year in which I […]
Investors have faith in the Fed in 2024, see bank stock comeback, CNBC survey shows
A Christmas tree stands in front of the New York Stock Exchange (NYSE) in New York on December 1, 2023. Angela Weiss | Afp | Getty Images In the final CNBC’s Delivering Alpha Stock Survey poll of the year, the 300 investors, traders and money managers surveyed are behind Jerome […]