Business

It’s no secret most people overindulge during the holidays. Aside from feasting on holiday treats, nearly two-thirds of adults said they have felt pressure to overspend this time of year, according to a recent survey by Bankrate.com. With that comes a heavy toll. Roughly two-thirds of Americans also said that holiday expenses negatively affect their
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President Donald Trump makes a statement at the White House following reports that U.S. forces attacked Islamic State leader Abu Bakr al-Baghdadi in northern Syria, in Washington, October 27, 2019. Joshua Roberts | Reuters The Trump administration released a plan Friday that will force hospitals and insurers to disclose their negotiate rates or risk being
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An unprecedented, strong and sustained surge in sales of sport utility vehicles and trucks has automakers scrambling for new ideas. And sometimes the best new ideas are old ones. As Ford and Fiat-Chrysler bring out new products marketed under old brand names, fellow Detroit automaker General Motors is reportedly mulling a second life for the
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Military veterans often possess skills that can fortify a financial technology company’s workforce, which is why PayPal has committed to hiring former service members, Chief Financial Officer John Rainey told CNBC Tuesday. Since 2017, PayPal has added more than 180 veterans to its payroll in large part from the help of partnerships with organizations, such
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“The weather’s been ferocious,” said Elizabeth Ryan, the owner of Stone Ridge Orchard. “We’re fighting for our lives in this moment of climate change.” Emma Newburger / CNBC STONE RIDGE, N.Y. — Elizabeth Ryan was standing among her ruined Golden Supreme apple trees, recalling how they were snapped and toppled by Hurricane Sandy and debating
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CNBC’s Jim Cramer explains why Xerox’s reported bid for HP will not materialize, while also giving his thoughts on the benefits of mergers and acquisitions. The “Mad Money” host also talks with CVS’ CEO on the health-care giants’ impressive quarter and his reflections on teen vaping. Later on, Cramer explains why Lyft’s stock is worth
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Pedestrians walk by a CVS store on November in San Francisco, California. Justin Sullivan | Getty Images CVS Health will close 22 “underperforming” drugstores early next year in addition to the 46 stores it shuttered earlier this year, the company said Wednesday in a regulatory filing. Details of the locations of the stores weren’t immediately
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CNBC’s Jim Cramer says the same uncertainties surrounding impeachment, a potential recession, inflation and tariffs have carried Wall Street to new record highs. The “Mad Money” host reveals why he remains skeptical about China’s commitment to striking a trade deal with the U.S. Later in the show he breaks down why Wayfair’s stock is toxic
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David Robinson, San Antonio Spurs minority owner and co-founder at Admiral Capital Group. Stephanie Keith | Bloomberg | Getty Images SAN ANTONIO — Basketball Hall of Famer David Robinson, co-founder of Admiral Capital Group, is helping to raise $50 million for a new investment fund designed to help develop economically depressed neighborhoods in Texas. The
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October’s robust jobs report doesn’t reflect an economy that’s falling into recession, CNBC’s Jim Cramer says before giving a preview into what’s on his trading calendar for next week. The “Mad Money” host is bullish on the housing market and offers suggestions to play the homebuilder sector. Later in the show he takes aim at
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