Workflow
CNBC
icon
Search documents
Why No Tax On Tips May Be Making America’s Tipping Problem Worse
CNBC· 2025-12-23 17:01
I'm Colin Sheedy. I work front of house at Burger Stand, Lawrence. I've been a tip worker for about five years.So I think the prospect of having to pay less in taxes is enticing. The new no tax on tips provision in the One big Beautiful bill allows tipped employees to deduct up to $25,000 from their federal tax filing each year. The program began in 2025 and is in place through 2028.This provision will increase average take home pay for tipped workers by $1,300 a year. But I think this is something that wil ...
How AI Is Influencing The Fed’s Calculus
CNBC· 2025-12-22 17:00
The Federal Reserve expects gross domestic product to grow quickly in 2026, faster than what they thought just months ago. Some of that may be AI, just also, I think productivity has just been almost structurally higher for several years now. We have had a boost in productivity growth. And he was pointing out that that boost in productivity had occurred even before AI was a big thing on the scene.Economists believe AI could dramatically change how Americans work. In terms of policy makers concerns, employme ...
Why Build-A-Bear Is Quietly Crushing The Market
CNBC· 2025-12-21 16:01
Hey, welcome to Build-A-Bear. That's Build-A-Bear Workshop's president and CEO, Sharon Price. John.She's what some would call a toy expert. Not only has she made hundreds of bears since joining the company in 2013, she also chairs the Toy Association, and she's held key roles at Toymakers, Hasbro, and Mattel. More importantly, she has transformed the once struggling mall retailer to where it is today.When I got here, 20% of the stores were unprofitable, so clearly we had to correct that. At the onset of the ...
We Got A Behind-The-Scenes Look At Lucid’s Turnaround Plan
CNBC· 2025-12-20 16:01
Company Overview & Challenges - Lucid Motors, originating as Atieva in 2007, rebranded and received major funding from Saudi Arabia's PIF in 2019 [8] - Despite critical acclaim and technological advantages, Lucid has struggled to achieve high production volumes, consistently falling short of its 20,000 units per year target [2][3] - The company faces challenges in scaling production, managing its supply chain, and achieving profitability [5][20][39] Product Strategy & Market Positioning - Lucid launched the Air sedan and subsequently the Gravity SUV, hoping the latter would boost sales [1][4] - The company is developing a mid-size platform targeting a $50,000 price range to address a larger market segment [28] - Lucid is expanding internationally, including establishing a factory in Saudi Arabia with a planned capacity of 155,000 vehicles per year [32][33] Financial Status & Future Outlook - Lucid's 2021 IPO raised $45 billion [1] - The company is currently not profitable, with production costs exceeding revenue in Q3 2025 [6][39] - As of Q3 2025, Lucid reported $55 billion in liquidity and $16 billion in cash, with enough runway to last through the first half of 2027 [45] Strategic Partnerships & Technological Advancements - Lucid is entering the robotaxi market through partnerships with Uber and Nuro, with Uber investing $300 million and planning to deploy 20,000 or more Gravity robotaxis [36][37] - The company emphasizes its in-house engineering and manufacturing capabilities, utilizing "software-defined manufacturing" for process optimization [16][17] Market Dynamics & Competition - The shift in market preference from sedans to SUVs impacted the sales of the Air sedan [12] - Lucid faces intense competition in the luxury EV segment from established players like Tesla, Mercedes, and Porsche [43] - The company is focusing on brand building, including a new marketing approach with a global brand ambassador [44]
Can Intel’s New Arizona Chip Fab Bring It Back From The Brink?
CNBC· 2025-12-19 17:01
This is Fab 52. What could be Intel's big comeback moment. Its fab five of six here in Chandler, Arizona, with over 1,000,000ft² of manufacturing cleanroom space.Producing the most advanced technology node that was developed and manufactured right here. High-volume production is now officially underway here of Intel 18A, a node on par with Taiwan Semiconductors most advanced chips, but without the big external customer base to back it up. After years of delays and missteps, and an unprecedented move by the ...
Why Americans are obsessed with denim
CNBC· 2025-12-18 17:00
When one of the biggest stars in music names one of her songs after your company, you know it's going to be a game changer. [singing] [music] >> I got chills because you know in that moment you're just reminded um what what an incredible company and brand we are that Beyonce would name a song after us. It far exceeded our expectations.6 months later, Levis's announced a global marketing campaign with Beyonce, and the rest will go down in retail history. The TV ads broke records, billions of impressions, and ...
Why U.S. workers are clinging to their jobs
CNBC· 2025-12-17 17:01
Almost one in five job seekers surveyed said they're not confident that they will find a great job that they like. >> We're in a situation where that economic uncertainty is manifesting itself in fewer people quitting as well as fewer organizations hiring. There's kind of less movement in the market right now.>> I think wage growth has cooled, job switching premiums have shrunk and a lot of workers worry that their pay won't keep up with rising costs. So, I think they're clinging to stability in a time of u ...
Waymo Leads The 2025 Robotaxi Surge As Zoox Expands And Tesla Races To Catch Up
CNBC· 2025-12-16 17:01
2025 is the year that the robotaxi went mainstream. Waymo announcing today it's now operating on freeways in San Francisco and Phoenix and Los Angeles, plus an expansion of its service areas. Amazon is officially entering the robotaxi race, and that's because their company, Zoox, is launching their service to the public for the first time ever here in Las Vegas.Tesla robotaxis are finally live, but in reality, they're still in demo mode. They only operate during the day in good weather, in limited areas, wi ...
How to 'invest in' private companies like OpenAI and SpaceX
CNBC· 2025-12-15 17:01
Private companies like Open AI and SpaceX have captured enormous investor enthusiasm in recent years, pushing their valuations sharply higher. Yet, despite all the headlines, there's been one limiting factor when it comes to investing in these companies. Because they're privately held, they've remained largely inaccessible to ordinary investors.>> I think one of the biggest problems we have today is we're building this artificial intelligence. Most of the companies on the bleeding edge are private. And I th ...
Why U.S. Shipbuilding Collapsed — And The Push To Rebuild It
CNBC· 2025-12-14 16:01
People are working all throughout the ship on outside, inside, electrical pipes are being ran, people are welding, cranes are putting down huge, huge pieces. At this site in Southern Philadelphia, $5 billion is being invested by South Korean shipping conglomerate Hanwha. It hopes to turn this decades old shipyard into a state of the art facility, and help the U.S. become a major shipbuilder again.China dominates the global commercial shipbuilding industry, accounting for 53% of global market share, followed ...