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How AI Is Changing Shopping
CNBC· 2025-12-12 17:01
Platforms like ChatGPT are poised to have a huge impact this holiday season, potentially driving billions in revenue. I'm Gabrielle Fonrouge, I'm a retail reporter for CNBC. I'm Melissa Repko, also retail reporter for CNBC.Every year we get a lot of predictions from analysts, and we hear what the forecasts are for the season. And one of the things that kept jumping out is, along with predicting how much spending they'd see, they were predicting a lot of shoppers would be looking for inspiration through thes ...
Why One Income No Longer Pays For The American Dream
CNBC· 2025-12-11 17:01
Even high earners in the U.S. feel the pressure to have two incomes. More than 60% of six figure earners, say one income feels nearly impossible to live on. 26% of U.S. households report their basic needs take up more than 90% of their income, and it takes two working parents to afford a middle class lifestyle.Households where the husband is the single breadwinner have been steadily declining since 1986. In 2024, nearly half of households had both spouses working outside of the home, and that number rose to ...
How black boxes work
CNBC· 2025-12-10 17:01
When tragic aviation accidents happen, soon after the search for survivors comes the search for the so-called black box, every commercial plane has them. Companies like GE and Honeywell designed them to be nearly indestructible to help investigators understand the cause of a crash. >> They're very crucial because it's one of the few sources of information that tells us what happened leading up to the accident.>> Microphones in the cockpit also pick up more than pilot conversation. About 37 seconds after the ...
How The Fed Attempts To Predict The Future
CNBC· 2025-12-09 17:00
There's an emerging divide at the Federal Reserve. >> This is a generally a consensus driven committee. Consensus is not there right now.>> It's a high stakes difference of opinion. The Fed's leaders set an interest rate that can affect your job prospects, your home's value, and the cost of virtually all financial products. >> We're talking about mortgages, talking about credit cards, car loans, all those kind of things that people use over the course of their daily lives.What is important to know is the di ...
Why young grads are struggling to find jobs
CNBC· 2025-12-08 17:01
On May 16th, 2025, I woke up and was ready to [music] get into my graduation gown for the day of celebration of Villanova's graduation ceremony. My family and [music] friends came from pretty much across the country to see me walk across the stage and receive my diploma. >> Michael, Sean, Matias, >> Michael, >> I was really on top of the world.super excited to finally have the diploma that shows my hard work over those four years. I was super excited to apply those skills to the job market to an employer an ...
What's the difference between all of the AI chips?
CNBC· 2025-12-06 16:00
Nvidia graphics processing units like these latest Blackwell [music] GPUs are inside server racks all over the world. Nvidia has catapulted [music] from gaming giant to the very core of generative AI, training the models, running the workloads, and sending Nvidia's valuation soaring. [music] With 6 million Blackwell GPUs shipped over the last year, >> this [music] connects all 72 GPUs, allowing to act as a single GPU to power the most advanced AI workloads.[music] GPUs are the generalpurpose workhorse stars ...
How AI is killing promotions
CNBC· 2025-12-04 17:00
Layoff announcements skyrocketed toward the end of 2025 as generative AI and economic tightening pressure corporations to restructure their workforces. Many companies are cutting costs by trimming middle management and [music] in certain industries eliminating entry-level roles that can be replaced by AI. But layoffs aren't the only thing experts are concerned about.Generative AI is speeding up how people work, but that efficiency can come at the tradeoff of maintaining skills and rising up the corporate la ...
How Levi's, Gap And American Eagle Are Winning Back U.S. Shoppers
CNBC· 2025-12-03 17:00
Market Trends & Dynamics - Denim is experiencing a resurgence, with the jeans market growing by 27% between 2020 and 2025 [5] - Celebrity endorsements and marketing campaigns are key strategies for retailers to capture consumer attention, particularly among Gen Z and Alpha [3][14] - Brands are seeking to reclaim cultural relevance and reverse sales slumps through partnerships and innovative campaigns [13][14] - The denim category is experiencing secular tailwinds, creating opportunities for multiple companies to succeed [28] Company Performance & Strategies - Levi's partnership with Beyonce exceeded expectations, driving top-line sales and expanding profit margins, with sales up in the high single digits year-to-date [1][23] - Levi's is focusing on becoming a more premium brand by cutting back on discounts, raising prices, and focusing on direct selling strategies [8] - American Eagle's campaign with Sydney Sweeney provided a boost with Gen Z shoppers, but faced controversy [10][16][17] - Gap's partnership with Katseye drove comparable sales up by 7%, more than double analyst expectations [3][21] Financial Metrics & Impact - Levi's partnership with Beyonce generated 43 billion press impressions and over $65 million in media value [21] - American Eagle's operating costs increased by $35 million year-over-year, partly due to spending on celebrity campaigns [15] - Gap's comparable sales rose by 7% due to the Katseye campaign [21]
How Zillow changed the way people buy, sell and rent homes
CNBC· 2025-12-02 17:01
Zillow is the most popular real estate website in [music] the United States. The company has transformed the way people buy, sell, and rent homes, or at least dream about that kind of thing. >> We are one of the first apps on the iPhone, and that [music] really created the category.>> Realtor. com, Zillow, some of the other aggregation sites that are out there provided an experience for consumers that wasn't there before. >> Zillow, what they have an advantage on is just the scale of traffic that they've go ...
How Amazon Built A $70 Billion Clothing Business
CNBC· 2025-12-01 17:00
Amazon has become America's go to destination for clothing. Pandemic fueled e-commerce spending sent Amazon's clothing sales soaring back in 2020. It further solidified Amazon as the top apparel retailer in the US, a spot previously held by Walmart up until 2018.But it wasn't just a pandemic fad. The segment has continued to grow. Nearly 13% of all US clothing sales came from Amazon in 2020.For its apparel and footwear, sales were more than double Walmart's and more than ten times the competitor's online cl ...