U.S. labor market is in ‘good shape’

U.S. labor market is in ‘good shape’

A “Hiring” signs at a restaurant in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

No ‘cracks’ in U.S. strong jobs growth

No ‘cracks’ in U.S. strong jobs growth

A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Inflation pressures continue to linger

Inflation pressures continue to linger

Workers assemble printed circuit boards at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania, US, on Tuesday, Jan. 30, 2024. The US Census Bureau is scheduled to release factory orders figures on February 2. Justin Merriman | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more

Inflation battle may be far from over

Inflation battle may be far from over

Workers assemble printed circuit boards at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania, US, on Tuesday, Jan. 30, 2024. The US Census Bureau is scheduled to release factory orders figures on February 2. Justin Merriman | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more

Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times in 2024. The Fed on Wednesday left interest rates unchanged for the fifth consecutive time, as expected, keeping its benchmark overnight borrowing rate in a … Read more

As S&P 500 enters bull market, here’s what to know before you invest

As S&P 500 enters bull market, here’s what to know before you invest

People walk through the Financial District by the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. Spencer Platt | Getty Images The S&P 500 stock index climbed to a new all-time high on Monday. A bull market — by two definitions … Read more

House panel subpoenas Vanguard, Arjuna in ESG ‘collusion’ probe

House panel subpoenas Vanguard, Arjuna in ESG ‘collusion’ probe

WASHINGTON — A House panel subpoenaed The Vanguard Group and Arjuna Capital Monday, the latest step in its yearlong investigation into whether investment funds’ environmental, social and governance policies violate antitrust laws.  Vanguard and Arjuna are investment firms that offer some funds focused on environmentally friendly businesses. The House says the two firms have not … Read more

How much to save monthly to retire with $2 million on a $150K salary

How much to save monthly to retire with  million on a 0K salary

American workers earning six-figure incomes have mixed feelings about whether they’re saving enough to retire. Only about half of workers earning $100,000 or more feel that they’re contributing enough to their 401(k)s to retire comfortably in the future, according to CNBC’s August “Your Money” survey. For those earning between $100,000 and $149,000, the median retirement … Read more

Here’s how much unexpected emergencies can cost you

Here’s how much unexpected emergencies can cost you

Picture this: You come home after a long day. As you approach your front door, you reach for your keys — but don’t feel them in your pocket. You quickly realize you’re locked out of your home. Luckily, on-call locksmiths are available to help. However, an emergency visit like this can cost as much as … Read more