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A majority of American adults say they are living comfortably, according to an annual Federal Reserve study on financial well-being of households. But nearly a third still lack savings to handle a $400 emergency expense.
Millennials who grew up seeing the worst of the financial crash and US recession had been smart about staying away from high interest credit card debt. But recent data from the Fed shows delinquencies on the rise among younger Americans.
CLEAR is signing up members for its biometric security technology, which includes facial recognition, at a faster clip than ever before. It now has 3 million customers and its eye on e-cigarette sales and online gaming.
Not a single North American CFO on the CNBC Global CFO Council thinks that the Fed should cut interest rates, which President Trump is demanding.
The latest jobs report showed wage growth picking up steam and it is going to stay that way, with a majority of corporations telling CNBC that cost of labor will be by far their biggest cost in the next six months.
A leading autonomous-driving executive from Mobileye, a company Intel bought for $15 billion, explains why Lyft, Uber, Tesla and any other company seeking a robo-taxi future is in a race to bring down costs by as much as 50%.
Occidental's bid for Anadarko largely boils down to the latter's oil and gas assets in the Permian Basin, where Anadarko and Shell share acreage.
Small business confidence remains high, according to the latest CNBC|SurveyMonkey Small Business Survey. Main Street sees more good times ahead, but a tight job market is among business conditions keeping optimism below a 2018 record level.
Lyft shares are down 30% since its trade debut, and now the rideshare firm is preparing for another first: earnings as a public company. While its path to profits is still a long one, it will need to show investors revenue growth and cost-cutting.