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Economy
Verizon to buy Frontier Communications in $20 billion deal to boost fiber network
A Verizon telecommunications truck is parked on a street in Washington, DC June 11, 2019.Eva Hambach | AFP | Getty ImagesVerizon said on Thursday it would buy Frontier…
Op-ed: A ‘retirement disconnect’ has swept across multiple generations of Americans
Charday Penn | E+ | Getty ImagesVibecession, quiet quitting, and now … the retirement disconnect? It's not entirely surprising that the current workforce's disillusionment with the…
Harris unveils plan for 28% capital gains tax, softening Biden’s proposal for 40% rate
Vice President Kamala Harris boards Air Force Two at Joint Base Andrews in Maryland, Sept. 4, 2024.Erin Schaff | The New York Times | Via ReutersVice President Kamala Harris on…
Trump Media shares erase 2024 gains as key DJT sale date nears
Anna Barclay | Getty ImagesTrump Media shares on Wednesday closed below where they stood at the end of 2023, as the Truth Social maker's stock continued to slide ahead of the date…
These 5 jobs have the highest burnout rates, according to LinkedIn—here’s why
The job with the highest burnout rate is also one of the most popular jobs companies are hiring for: Project manager. That's at least according to recent research from LinkedIn,…
Jim Cramer says ‘don’t be a hero’ on Nvidia, downplays AI spending concerns and DOJ probe
CNBC's Jim Cramer said Wednesday that Nvidia 's recent rough patch does not alter his long-term optimism on the leading artificial intelligence chipmaker. "I've been saying ever…
Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBCAtlanta Federal Reserve President Raphael Bostic signaled Wednesday that he is ready to start lowering interest…
Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030
The chip shortage took its toll on the auto industry, which has become increasingly reliant on semiconductors.Mikael Sjoberg | Bloomberg | Getty ImagesSwedish automaker Volvo Cars…
5 things to know before the stock market opens Wednesday
Here are the most important news items that investors need to start their trading day:1. Off to a rough startStocks kicked off the new month in the red, with all three major…
Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election
A Dick's Sporting Goods store at the Los Cerritos Center shopping mall on February 21, 2024 in Cerritos, California. Kirby Lee | Getty Images News | Getty ImagesDick's Sporting…