“It’s the worst I’ve seen," said a Cabo San Lucas restaurant owner, "It is definitely the worst."For a Mexican tourist hotspot like Cabo, that's bad news. One of the busiest tourist seasons for the area comes during the months of March and April, coinciding with the American spring break season. Spring break, the long-time college tradition of excess and irresponsibility, is a time that many tourist destinations depend on to bolster their profits, banking on the liberal spending habits of Americans on vacation.
The national average gas price is at a 10-year low, and Americans shouldn't expect to pay much more this summer, GasBuddy's CEO said.
Beyond providing a new kind of experience, virtual reality will refresh Six Flags' older, less trafficked rides.
Forget about the company's quarterly results: Costco shares are up because of this, CNBC's Jim Cramer says.
With the financial sector on a tear, we could be at the start of a "stealth rally," CNBC's Jim Cramer said.
Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.
Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.
Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."
“Squawk on the Street” Co-Anchor
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.