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  • CNBC market reporters bring you the latest on the stock markets throughout the day as well as fast, accurate, and actionable business news.

  • Los Angeles Lakers forward LeBron James (23) moves to the basket against Denver Nuggets guard Jamal Murray (27) during the second half at Staples Center, March 6, 2019.

    In addition to having a higher average salary per player, NBA pros also make more money off the court than athletes in the NFL and MLB. That's partly because the NBA has a bigger fan base outside the US. Watch this video to find out the other reasons why there's such a big pay divide among the three leagues.

  • Ikea was founded in 1943 by a young Swedish man named Ingvar Kamprad. Today, there are 433 stores in 53 countries. The name Ikea comes from Ingvar's first and last initial, the farm he grew up on — Elmtaryd — and the village he lived near — Agunnaryd. Initially the company started by selling pencils and postcards. In 1948, it began selling furniture, and the rest is history. In fiscal year 2019, Ikea sold 7 million Billy bookcases, and brought in $45 billion in retail sales.