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Americans say real estate is best way to build wealth

When it comes to building wealth, Americans say one thing and do another. When asked the best way to build personal wealth, 23% of adults said investing in real estate, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive. That makes it the most popular …

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China reopening brings both risks and opportunities: ADB

China’s reopening could bring opportunities as well as risks to its economy, Albert Park, chief economist at the Asian Development Bank told CNBC.  Although the lifting of Covid restrictions in China would boost growth prospects for the country and other economies, it could also lead to an increase in Covid-19 …

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Jim Cramer says he likes these 5 consumer staple stocks in 2023

CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023. “I’m not entirely convinced that we’re headed for a recession next year, but we’re definitely looking [at] a meaningful slowdown, and that’s terrific for the consumer staples,” he said. The Fed raised interest rates by 50 …

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The secret to asking for a raise and getting it

A successful salary negotiation starts months before you ask your boss for a raise.  If you want to land a higher salary, you need to start talking to your manager about how you can improve your performance and exceed the expectations of your role, rather than just meeting them, three …

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Tech grojup NetChoice sues to block California kids online safety law

Governor Gavin Newsom speaks to the media at a mobile testing site at Paramount Park in Paramount, CA Wednesday, January 12, 2022. David Crane | Los Angeles Times | Getty Images NetChoice, a tech industry group that includes Amazon, Google, Meta, TikTok and Twitter, announced Wednesday that it’s suing California …

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Fusion power won’t be widespread for at least a decade

The nuclear fusion breakthrough heralded on Tuesday was a historic event, culminating decades of research. At the same time, fusion power will not be contributing electricity to any power grid for at least a decade, according to most industry watchers. To get there, there will have to be many more …

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There’s still time to enroll in a 2023 marketplace health plan

If you don’t have health insurance lined up for next year, there’s still time to get private coverage through the public marketplace. The deadline is Dec. 15 — Thursday — to sign up on Healthcare.gov for a health plan to take effect Jan. 1. Otherwise, you have until Jan. 15 …

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Here’s what the Federal Reserve’s half-point rate hike means for you

The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the …

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FTX’s new CEO John J. Ray making $1,300 an hour

John J. Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives to a House Financial Services Committee hearing investigating the collapse of FTX in Washington, DC, on Tuesday, Dec. 13, 2022. Al Drago | Bloomberg | Getty Images FTX CEO John J. Ray is leaning on a team that …

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Nearly half of American workers want a promotion or raise in 2023

As the end of the year fast approaches, workers are looking ahead to 2023 with a sense of cautious optimism and hope.  That’s at least according to Workhuman, which polled 1,000 full-time U.S. employees in December about their hopes and expectations for the new year.  Despite ongoing fears of an …

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