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Economy

“Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions”

“… …” https://www.cnbc.com/2023/11/13/consumer-spending-fell-in-october-according-to-new-cnbc/nrf-retail-monitor-tracking-card-transactions.html This article is badly written. Anyway this is not good. Usually retail goes up during this time of the year.

Economy

“59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds”

“…Already battling higher prices, 59% of Americans are concerned that student loan forgiveness will make inflation worse, according to a new CNBC survey,conducted online by Momentive among a national sample of 5,142 adults from August 4 to 15….” https://www.cnbc.com/2022/08/22/americans-are-concerned-student-loan-forgiveness-will-worsen-inflation.html College… Continue Reading…

Economy

“65% of Americans earning $100,000 or more are ‘very concerned’ about inflation, new CNBC poll finds”

“Inflation is a real worry for many Americans — even those who earn six figures — and it’s impacting decisions about how they spend their money. Fully 96% of those high earners are concerned about inflation and 65% are “very… Continue Reading…

Economy, Personal Finance

“25% of Americans felt financially stressed all the time last year, CNBC + Acorns Invest in You survey found”

“…One-quarter of Americans said that they felt financially stressed all the time last year, according to a CNBC + Acorns Invest in You survey, conducted by Momentive. The online survey of nearly 4,000 adults was conducted March 23-24.   Another 41% said… Continue Reading…

Economy, Personal Finance

“CNBC Survey: 81% of adults with student loans say they’ve had to delay key life milestones”

“According to CNBC + Acorn’s recently released Invest in You Student Loan Survey conducted by Momentive, 81% of people with student loans say they’ve had to delay one or more key life milestones because of their debt. Momentive surveyed 5,162 American adults between… Continue Reading…

Personal Finance, Real Estate

“The pros and cons of refinancing your home”

“…refinancing can be a little complicated, especially if your credit score is less than ideal or you’re not completely sure what to expect.  When you refinance, it means you’re essentially taking out a brand new loan on your property, often for the… Continue Reading…

Stocks

“Jim Cramer predicts ‘U’ shape recovery, says economy ‘will bounce back gradually’”

“CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip… A V-shaped recovery happens when a quick decline in economic activity is met by an… Continue Reading…

Business

“U.S. Employees Are The Happiest”

“Workers in the U.S. are the happiest, according to a new poll by Mindspace… Happiness at work among Americans is seemingly congruent with job growth. In November, the unemployment rate dipped to 3.5 percent from 3.6 percent, CNBC reported on December 6…” https://www.statista.com/chart/20223/employees-happy-us-world/… Continue Reading…

Banking, Economy

“The Fed will stay in hibernation until at least summer: CNBC survey”

“Federal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey… “The risks to the outlook for economic growth and inflation… Continue Reading…

Stocks

“Selling software service stocks on trade worries is a ‘big mistake,’ Jim Cramer says”

“Don’t give up on the entire technology sector of the market, according to CNBC’s Jim Cramer. The “Mad Money” host advised that selling off would be a poor miscalculation, urging investors to “ask yourself what you’re selling.” “If you’re dumping an ETF, be… Continue Reading…