Economy

For many Americans, housing costs aren’t just another expense — they shape how the rest of the budget comes together. Yet figuring out how much you can reasonably afford to spend on housing has become increasingly complicated in recent years, as shelter costs continue to rise. If you earn $80,000 a year — the median […]

When Peter Cancro boughtMike’s Subsas a 17-year-old with a $125,000 loan from his football coach, he wasn’t even old enough to legally slice cold cuts at the Point Pleasant, New Jersey, sandwich joint. The shop, which he ended up renamingJersey Mike’s Subshas since made him a billionaire. On Tuesday, private equity giant Blackstoneannouncedthat it had […]

This story is part of CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. Jake Loosararian’s nine-figure business might’ve never existed if he’d listened to the people he trusts most. […]

The stresses of day-to-day life can be overwhelming. Maintaining your relationshipsadvancing at workkeeping a healthy lifestyle — all of these take time and effort and can be hard to keep up with. Luckily, there are quick and easy ways to help ease stress and anxiety. To start, “give yourself the opportunity to feel those emotions,” […]

Stock prices on ticker screens inside the Hellenic Exchanges – Athens Stock Exchange SA in Athens, Greece, on Thursday, April 3, 2025. Bloomberg | Bloomberg | Getty Images LONDON — European stocks edged higher on Wednesday as regional investors assess the latest military operations against Iran and declining oil prices. The pan-European Stoxx 600 inched […]

The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. Jung Yeon-je | Afp | Getty Images Shares of SK Hynix jumped as much as 11% on Wednesday, lifting the South Korean chipmaker’s market capitalization above $1 trillion as investors continued to […]

A member of the Peoples Armed Police stands guard in front of the flag of the European Union at the European Delegation before a press conference by European Commission President Ursula von der Leyen on April 6, 2023 in Beijing, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — More European companies […]

Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s industrial profits surged by 24.7% in April from a year earlier, according to official data released Wednesday, despite broader signs of […]

Asia-Pacific markets traded mixed on Wednesday as investors assessed recent U.S. military action in Iran, the fragile state of the Washington-Tehran ceasefire and optimism that a deal could still be reached. Japan’s Nikkei 225 closed flat at 64,999.41, giving up gains after hitting a fresh record high, while the Topix declined 0.52%. South Korea’s Kospi […]

Stocks that investors might expect to be shorted in the buildup to a recession are doing very well, buoying their whole sectors, CNBC’s Jim Cramer said Thursday.There are certain kinds of industries that have historically been targeted by short sellers in the run-up to recession, Cramer said, including railroads, semiconductors, homebuilders and automakers.related investing newsSteel… […]