Home / 2019 / November

Monthly Archives: November 2019

‘Tax Cuts 2.0’ could include rate reduction for the middle class

Don’t be surprised if a proposal billed as a middle-class tax cut emerges from the White House at some point next year. With the president’s hope to make it an election issue — as recently described by his top economic policy advisor in an interview with CNBC — the idea is to lower …

Read More »

Disney’s dominates animation category, why other studios can’t compete

Sven the reindeer and Olaf from “Frozen II.” Disney Disney has long been the king of animation, with titles that have not only hauled in billions of dollars at the global box office, but also scored a record number of Academy Awards. This year, that trend continues. The company, which …

Read More »

One way to graduate college with less debt

Like many students his age, Natanael Pabon-Trinidad, 18, wanted to pursue a college degree.  He simply didn’t have the funds to afford it. “My mom doesn’t have a high-paying job, and I was worried about all that and not being able to pay,” he said. Rather than relying on loans, …

Read More »

How NASA is evolving through partnerships with private space companies

NASA is opening up the International Space Station for tourists with the first mission as early as 2020. Stocktrek Images | Getty Images Companies are increasingly looking to space as a place of business, and the National Aeronautics and Space Administration has been changing in several different ways, especially by …

Read More »

Towns try to stoke excitement for Small Business Saturday

Independent retailers are gearing up for Small Business Saturday, a day used to promote mom-and-pop retailers, and many towns are doing their best to support the effort.  In 2018, an estimated 104 million consumers shopped at independent retailers and restaurants on the Saturday after Thanksgiving. They spent $17.8 billion, the …

Read More »

Tesla, Facebook, GE & more

Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Wall Street analysts tend to run in packs, with most …

Read More »

Best Buy and Target persist as other retailers lose to Amazon

A Target store in Culver City, California. Mark Ralston | AFP | Getty Images A lot of traditional retailers will lose in the battle against Amazon, David Berman, founder of Durban Capital, said on “Squawk Alley” Friday. But Target and Best Buy seem safe for now. “You are seeing outliers …

Read More »

8 holiday gifts under $50 for everyone on your list

Having a hard time finding the perfect gift that fits in your budget? CNBC Make It has you covered. Here are eight gifts for everyone in your life that cost $50 or less. A photo calendar for the sentimental one Source: Social Print Studio Customize a tear-away calendar so your …

Read More »

Black Friday online sales up 19% by 9 am, Thanksgiving sales hit record online

Workers in the Peterborough Amazon Fulfilment Centre prepare for Black Friday on November 27, 2019 in Peterborough, England. Hollie Adams | Getty Images Turkey didn’t slow down shoppers this Thanksgiving. Shoppers spent $4.2 billion online on Thanksgiving, a 14.5% increase from last year and a record high, according to data …

Read More »

Buffett sitting on $128 billion raises questions on market valuation

Warren Buffett Gerard Miller | CNBC Despite having $128 billion to burn, Warren Buffett just backed out of a bidding war after a slightly higher offer topped Berkshire Hathaway’s. If the Oracle of Omaha is that shy to just spend a tad more of his giant cash pile, could that …

Read More »