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40% of the American middle class face poverty in retirement, study concludes - CNBC
Nearly half of middle-class Americans face a slide into poverty as they enter their retirement, a recent study by the Schwartz Center for Economic Policy Analysis at the New School has concluded. That risk has been driven by depressed earnings ...
Express is the latest retailer to launch a clothing rental service - CNBC
"The consumer who is more interested in access versus ownership is happening across many industries," Express' chief customer experience officer, Jim Hilt, said in an interview with CNBC
. "We looked at this evolution and asked, 'how do we participate?'".
72-year-old Fidelity bets on the future with blockchain, virtual reality and AI - CNBC
"What are you doing here?" a young engineering student asked Vipin Mayar, the head of artificial intelligence initiatives at Fidelity Investments, at a MIT conference in San Francisco. As Mayar recalled, "They were all just… surprised." Fidelity ...
Apple's Tim Cook calls for retraction on Chinese spy chip story: 'There's no truth to this' - CNBC
Apple CEO Tim Cook is calling for Bloomberg to retract its story about Chinese spy chips embedded in the company's server equipment, telling Buzzfeed News in an interview, "This did not happen. There's no truth to this." "I was involved in our response ...
Kamala Harris and other prominent Democrats want to repeal Trump's tax cuts and replace them with cash payouts for ... - CNBC
"The idea was to provide a clear contrast with Donald Trump," Khanna told CNBC
in an interview. "You know what you could actually do with this money? You could give anyone making under $75,000 a raise." The measures are significantly more dramatic ...
Wall Street has new Apple bull: Wedbush's Ives sees big iPhone ... - CNBC
Wall Street has a new biggest Apple bull. Longtime technology analyst Daniel Ives, fresh off a move to Wedbush Securities from GBH Insights, initiated coverage ...
Trump spat appears to be hitting Harley-Davidson and trade-ins for rival Indian brand are rising - CNBCCNBC
has reached out to Harley-Davidson for comment. The company reports earnings on Tuesday (an earlier version of this story said Monday). It's not so much a problem with Harley's products, Johnson said. He added that the company has continued to ...
Facebook co-founder Hughes: Repeal Trump tax cuts to pay basic ... - CNBC
Chris Hughes, an advocate for a basic income, contends that less than a third of Americans have reaped the benefits of President Donald Trump's tax cuts.
Wall Street is missing the mark on these sinking stocks, but some could make a comeback - CNBC
... because this stock started making lower lows and lower highs back in about the March time frame. So from my perspective I think now we're getting to an area of support at around $53 here on this chart," Johnson said Thursday on CNBC's
China reports economic growth below expectations — its worst pace since the financial crisis - CNBC
"China cannot be growing at 6.6-6.7 percent every quarter because of the fact that they're starting to deleverage and also for the fact that you've got a trade dispute going on with the Americans," he told CNBC's
"Street Signs" after the GDP data release.