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Navigating a busy college schedule is hard. Navigating a busy college schedule while running your own business is even harder. For Elena Bonvicini, who founded the viral clothing brand EB Denim in high school, scaling her business during her time at the University of Southern California was a tall order. By the time she was … Read more
Whether you call it “tip creep” or “tipflation,” it’s clear that Americans are being asked to tip more and more — and they’re tired of it. Some 6 in 10 adults view tipping negatively, and 35% say things have gotten “out of control,” according to a survey from Bankrate earlier this year. And it’s no wonder … Read more
The place where workers are happiest with their pay isn’t a Big Tech company based in an expensive coastal city, but rather an HR business located in the Sun Belt. Paycom, an HR and payroll tech company based in Oklahoma City, was named the No. 1 company for best compensation, according to the latest analysis … Read more
Mariah Carey performs “All I Want for Christmas Is You” at the 2023 Billboard Music Awards. Gilbert Flores | Penske Media | Getty Images “I don’t want a lot for Christmas / There is just one thing I need / An answer to just one question / An estimate of Mariah Carey’s song royalties, please?” … Read more
It has not been an easy year for jobseekers. The hiring rate has significantly slowed since the pandemic, according to the Bureau of Labor Statistics, and nearly a quarter, 23% of unemployed people have been looking for work for 27 weeks or longer. If you’re one of the long-term unemployed and have been focused solely … Read more
CNBC takes a look back at Tyler Mathisen’s phenomenal 27-years at the network.
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | Reuters House Democrats Jim McGovern of Massachusetts and Rosa DeLauro of Connecticut say their Republican colleagues in Congress caved to the demands of Elon Musk, sinking a … Read more
Having a pro-crypto government means stablecoins could finally take off in 2025, and it could be a boon not just to the industry, but also to the U.S. dollar. The market cap for U.S. dollar-backed stablecoins is up more than 50% this year and up about 15% since the election. It could double in the … Read more
Warren Buffett, who has long favored holding massive amounts of cash, is headed into 2025 with a particularly gigantic war chest at Berkshire Hathaway — in fact the largest cash hoard in 34 years. The Omaha-based conglomerate’s cash level stands at $325 billion — a record high in absolute terms — and now accounts for … Read more
Two weeks before Black Friday, Amazon quietly added a new section to the top of its mobile app. Called Haul, it’s a mobile-only area for ultra-low-price items, primarily shipped directly from China. Haul is Amazon’s answer to the booming popularity of apps such as PDD Holdings‘ Temu and fast-fashion retailer Shein. Amazon told CNBC that … Read more