Saving enough money now could make it possible to fund your retirement by living off of your returns without ever touching your nest egg.
Tipping in the United States is on the rise to such a degree that experts call it "tipflation." The social pressure to tip well in front of the tip receiver, before a service is completed, or in front of other customers, encourages the trend, and the pandemic also has played a part in causing tips to soar. With Americans feeling the push to tip in higher percentages and for more services, the question is, where is the tipping point?
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Nick Timiraos, Wall Street Journal, joins the show to discuss the Fed's interest rate hikes and fight against inflation.
CNBC's Steve Liesman joins 'The Exchange' to discuss the PCE price index coming in a tenth below expectations, year-over-year rates ticking down, and GDP benefiting from income and spending rates sustaining a high level.
CNBC’s Eamon Javers joins ‘Squawk Box’ to report on the latest news surrounding Donald Trump's indictment over hush money payment to porn star Stormy Daniels before the the 2016 presidential election.
Lisa Shalett, Morgan Stanley Wealth Management CIO, joins ‘Squawk on the Street’ to discuss her thoughts on the market, how inflation impacts companies, and more.
The personal consumption expenditures price index excluding food and energy was expected to rise 0.4% in February.
Nadia Calviño, Spain's economy minister, says core inflation has stabilized but the government is taking steps to address the pressures from food inflation through measures such as reducing VAT on some foodstuffs.
Neil Brown, head of equities at GIB Asset Management, discusses the outlook for central bank interest rate policy and says that the Federal Reserve may not hike rates much higher, but will likely keep them elevated throughout 2023 and into 2024.
Heiner Flassbeck, economist and former state secretary in the German Ministry of Finance, says inflation dynamics are fading "very quickly" and the European Central Bank will need to pivot on rate hikes in the summer to avoid harming the real economy.
Stephen King, senior economic advisor at HSBC, says "the idea that somehow, monetary policy and fiscal policy are separate from each other is … frankly, nonsense."
The World Bank expects East Asian and Pacific economies to grow more than it previously estimated, thanks to a sharp rebound in activities in China.
Virtus’ Joe Terranova and Crossmark’s Victoria Fernandez, join 'Closing Bell' to discuss the Fed's hiking cycle and how it'll impact the economy.
CNBC's Frank Holland joins 'The Exchange' to discuss the impact of rates on the freight industry, manufacturer's concerns about tightening credit, and weakening consumer demand.
CNBC's Steve Liesman joins 'Halftime Report' to discuss Fed officials latest comments on rates, stabilizing the banking system and the state of inflation.
U.S. Treasury yields were little changed on Thursday as investors looked to economic data that could provide fresh hints about the outlook for the economy.
On average, parents who financially support grown children give them $1,400 a month for expenses such as food, rent, cell phones and car insurance.
UBS gets a new Group CEO, and U.S. regulators said they favor more stringent rules on banks. Big changes are coming to banks.
Regulators said they favor more stringent rules for banks with more than $100 billion in assets, causing bank stocks to dip.
Looking at history as a guide, Fed action after the 1998 Long-Term Capital collapse led to a three-month rally in the stock market to end all rallies.