Economy

Republican presidential nominee and former U.S. President Donald Trump and Senator Marco Rubio (R-FL) react during a campaign event at Dorton Arena, in Raleigh, North Carolina, U.S. November 4, 2024. Jonathan Drake | Reuters A handful of Democrats are sounding their approval of Republican Florida Sen. Marco Rubio as Secretary of State but others continue […]

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023.Matthew Hatcher | AFP | Getty ImagesDETROIT — The United Auto Workers union is holding up negotiations with Ford Motor over future electric vehicle battery plants, Ford CEO Jim Farley said during a press briefing Friday.”I… […]

The UAW strikes hitting the Detroit Three automakers — GM, Ford and Stellantis — could widen the electric vehicle gap between them and Tesla, which already controls 60 percent of the EV market.The three Detroit automakers all use union labor, and those workers are represented by the United Auto Workers union — Tesla does not.… […]

DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday.The additional strikes will target Ford’s Chicago Assembly Plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and GM’s Lansing Delta Township plant… […]

Former U.S. President Donald Trump speaks at a campaign rally at Drake Enterprises, an automotive parts manufacturer, on September 27, 2023 in Clinton Township, Michigan.Scott Olson | Getty ImagesDonald Trump on Friday blasted his upcoming New York civil fraud trial and his four pending criminal cases as he asked supporters to donate to his 2024… […]

WASHINGTON — House Republican leaders on Friday canceled a planned two-week recess as a government shutdown appeared more likely after they failed to pass a short-term spending bill with fewer than two days to avoid a government shutdown.House Speaker Kevin McCarthy, R-Calif, informed the GOP caucus of the canceled break at a closed-door meeting after… […]

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. […]

If you’re like me, you probably spend your weekends tackling the tasks you didn’t have time for during the workweek. By the time you’re done doing the laundry, washing dishes, mopping the floors or even finishing up more work — it’s already Monday again. That’s no way to live, says Cassie Holmes, a happiness researcher […]