CNBC 
The U.S. is home to the majority of the world’s data centers with just under 3,000, compared to the country with the next-closest amount, United Kingdom, at just 360. This concentration has brought up the value of the land where the data centers are built. Prices are soaring as much as ten times the original … Read more
Low-cost, high-tech Chinese EVs have stirred fears of a government subsidized existential threat to automakers around the world. So what do these vehicles have to offer? How do they compare to the Tesla Model Y, which in 2024 was the best-selling car in the world? CNBC’s Beijing bureau chief Eunice Yoon tested four of them … Read more
Demand for copper is surging. The red metal, considered a barometer for economic health, is a vital component for the construction and defense industries as well as a key ingredient in electric cars, wind turbines and the power grid. Offshore wind, for example, requires about “three times as much copper as does coal-fired power generation … Read more
Across the U.S., hundreds of small and regional banks are feeling stressed and may be at uncertainty of failure. Of about 4,000 U.S. banks analyzed by the Klaros Group, 282 banks face stress from commercial real estate exposure and potential losses tied to higher finance charge rates. Most banks facing risks are categorized as small, … Read more
A growing body of research shows how comments from Federal Reserve members move financial markets. Longterm transparency efforts from the Fed have resulted in more communication with the public today than ever before. But some argue that the Fed’s communication and forecasting framework may be contributing to undue sector volatility. When it comes to “Fed … Read more
Spending cuts are abound in many U.S. cities as inflation lingers and pandemic-era stimulus dries up. At least 53 major cities have debt obligations that outstrip their holdings, according to an estimate from Truth in Accounting. The group estimates higher debt burdens than many public officials report, due to allegedly underreported retiree benefits. The rising … Read more
More than half (52%) of Americans say they would need at least $100,000 a year to be financially comfortable, according to the August 2023 CNBC Your Money Survey. It’s becoming increasingly more difficult to achieve the American Dream, especially as younger generations are beginning their adulthood with thousands of dollars in student loans. Watch the … Read more
The U.S. economy may still face a “delayed” recession, says investment analyst Gary Shilling. “We’ve had more strength in employment than probably is commensurate with the state of enterprise,” Shilling told CNBC. In this episode of “The Bottom Line,” Shilling talks about what may be next for the economy — from key indicators and AI … Read more
When investors think of the financial markets, the first thing that likely comes to mind is the stock industry. But there is a bigger, less-flashy counterpart to the equity industry: the bond industry. At the heart of the fixed revenue space lies U.S. Treasurys, one of the safest investments in the world. “We have not … Read more
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The AI boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year-to-date. The U.S. economy is also doing surprisingly well, adding 353,000 jobs in January, well ahead of economists’ forecasts. Hotter-than-expected inflation data may also keep … Read more