For a little over a quarter of Americans, their biggest financial fear is not having enough money saved for retirement, according to a recent WalletHub survey. And many have set pretty lofty goals. On average, Americans think they’ll need around $1.2 million to retire comfortably, per Northwestern Mutual’s 2023 Planning …

An oil pumpjack pulls oil from the Permian Basin oil field in Odessa, Texas, on March 14, 2022. Joe Raedle | Getty Images News | Getty Images U.S. crude prices on Tuesday fellow below $78 a barrel to hit the lowest point since July as weak global economic data overshadowed …

Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over year, notching the largest increase since 1999, the New York Fed found. “Credit card balances experienced a large …

The global shipping industry has been mired in a freight recession this year and the challenging economic conditions will continue into 2024, according to a new CNBC Supply Chain Survey. High inventories and a pullback in consumer spending are reasons behind the bearish outlook. The CNBC Supply Chain Survey was …

CNBC’s Jim Cramer said Tuesday the industrial gas industry looks like a “winner takes all game” after drastically different quarterly performances from two leading companies in the group. If you like this story, sign up for Jim Cramer’s Top 10 Morning Thoughts on the Market email newsletter for free. On …

Cold and flu season is in full effect, which means many people are looking for ways to bolster their immune system and stay as healthy as possible this winter. But does that mean stocking up on vitamin C and vitamin D? Not quite, says Dr. Michael Ben-Aderet, an infectious disease …

Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly. “Because of some of the strangeness of this moment, there is the possibility of the golden path … that we got inflation …

TikTok’s London office is based out of a WeWork building in Holborn called Aviation House. WeWork WeWork, the U.S. office rental startup, filed for Chapter 11 bankruptcy, threatening office closures across the U.S. where it has become a major destination for tech firms. The company’s restructuring may also have implications …

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, July 26, 2023. Brendan McDermid | Reuters The world’s major central banks paused their …

Carvana CEO Ernie Garcia told CNBC’s Jim Cramer in a Monday interview that it’s hard to say when used car prices will come down, even though the company is doing what it can to cut costs and make vehicles affordable for customers. “When the pandemic hit and supply chains got …