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Why this price tag could bring surge pricing to groceries
CNBC· 2025-11-02 16:01
This is an electronic shelf label or ESL. They display the price of an item in a store using a digital screen instead of paper or plastic. The global electronic shelf label market size was estimated at $1.85% billion in 2024 and is projected to reach $7.54% billion by 2033.>> It's definitely an industry that is looking at significant double-digit year-over-year growth for the foreseeable future. ESLs can already be found at Whole Foods, Amazon Fresh, Kroger, stores in Canada, Europe, and Asia, and more. >> ...
Why Americans won't quit their jobs
CNBC· 2025-10-31 16:01
Labor Market Trends - The US economy has experienced a loss of 1.2 million jobs since April 2024 [1] - The quits rate has decreased to approximately 2% following fluctuations since the pandemic [1] - Employers are hiring at the slowest rate since 2013, excluding the pandemic period [2] - A significant portion, 58%, of US professionals surveyed feel their skills are underutilized in their current roles [3] Employee Sentiment and Engagement - Four out of five employees surveyed indicated they are not thriving at work [3] - There is considerable anxiety regarding the direction of both the economy and the labor market, contributing to job retention [4] - The labor market currently lacks significant churn [3] Company Implications - Companies may be experiencing retention, but this could be masking disengagement among employees [3] Economic Impact - Reduced mobility in the labor market may be slowing down innovation [3]
Why U.S. small businesses are teaching customers how to use stablecoins
CNBC· 2025-10-30 16:01
Company Overview - Prevail Coffee is a specialty coffee brand that operates as a roaster and micro importer with four retail locations [1] - The company has locations in Atlanta (two), Montgomery, and Birmingham [1] Business Model - Prevail Coffee engages in direct trade partnerships with farmers globally to source high-quality specialty coffee [2] Blockchain Integration - The company is exploring blockchain technology to address issues within the global coffee trade and promote global financial inclusion [2][3] - Blockchain is seen as a solution to problems related to financial tools in the developing world [2][3]
How Amazon Opened Its Largest AI Data Center In The World In Just One Year
CNBC· 2025-10-29 14:01
AI Infrastructure Development - Amazon's Project Reineer in Indiana rapidly transformed farmland into a large-scale AI data center in about a year [1][2][8] - The Indiana site will consist of 30 buildings on 1,200 acres, consuming 2.2 gigawatts of electricity [6] - Amazon plans to run over 1 million Tranium 2 chips jointly by the end of the year [3] - Amazon invested $11 billion in the Indiana data center project [10] Technology and Innovation - Amazon is using its own custom Tranium 2 chips and plans to deploy Tranium 3 chips, without relying on NVIDIA GPUs [2][20][44] - Tranium 2 offers 30-40% better price performance than rival GPU instances [22] - Amazon is developing Tranium 3 with Anthropic, focusing on improved performance, latency, and power consumption [31] Economic and Environmental Impact - Indiana granted Amazon over $4 billion in property and technology tax exemptions over 35 years, and state legislation will save Amazon $4 billion more over 50 years [11] - The state anticipates a GDP improvement of over $1 billion and the creation of approximately 1,000 long-term jobs [12] - The 2.2 gigawatt AWS site will consume as much electricity as 1.5 million average homes in the INM service area [36] - INM anticipates peak power demand to more than double from approximately 2.8 gigawatts in 2024 to over 7 gigawatts by 2030 [37] Partnerships and Strategy - Amazon has invested approximately $8 billion in Anthropic as its key AI partner [28] - Anthropic has used AWS as its primary cloud provider since Amazon's first major investment in 2023 [29]
Why Fed Rate Cuts Aren’t Helping Most Americans
CNBC· 2025-10-28 16:02
The Federal Reserve is making loans cheaper. The federal funds rate is currently around 4.11%. By the end of 2026, this rate is expected to fall below 3.5%.Wall Street is excited, but middle class Americans aren't likely to benefit much from this decline in interest rates. Low rate and high liquidity environments benefit the guys who have money in markets, benefit the guys who already have the wealth. The top 0.1%: they have seen their wealth nearly double since 2020 to over $23 trillion.Stocks accounted fo ...
Is AI spending propping up the economy?
CNBC· 2025-10-27 16:00
Global AI spending will top more than $330 billion in 2025 and $500 billion by the end of 2026. And by 2030, it could take about $2 trillion a year to support the infrastructure being built today. That's more than Amazon, Apple, Microsoft, Meta, Nvidia, and Google's parent company, Alphabet, made combined in revenue in 2024.It's the start of trillions being spent in this buildout of the fourth industrial revolution. Big tech right now is doing the equivalent of building Vegas in the 1950s where there was ju ...
How Chinese EVs Won Brazil — And Left U.S. Automakers Behind
CNBC· 2025-10-26 15:00
On the streets of Rio. It's not hard to find electric vehicles from China. I've seen a lot of BYD cars on the streets and many electric cars because of the price.Everyone is getting on board. There are a lot of Chinese cars on the streets. Brazil is South America's largest auto market, and the country is quickly becoming the next frontier in China's EV expansion.In 2024, Brazil imported around 138,000 EVs and hybrids from China. That number is up nearly 100,000 from 2023. The momentum in South America mirro ...
Why 7-Eleven is betting on food to boost its turnaround
CNBC· 2025-10-25 15:00
[Music] 7-Eleven is the world's largest convenience store chain. Despite that title, it has somewhat of a reputation problem, namely in the US, where it was founded. >> I don't think I can buy anything here in Good Spirits, to be honest.>> It's not for me. >> It always has that kind of dirty feel. You feel the floor is a little bit sticky.The lights are kind of dingy. There's hot dogs rotating under a hot light that's been probably there for the most of the day. Japanese parent company 7i Holdings is facing ...
Why Taco Bell Is Betting On Drinks After McDonald’s Shut Down CosMc’s
CNBC· 2025-10-24 16:00
Business Strategy & Expansion - Taco Bell is remodeling locations to include "Live Mas Cafe" to capitalize on the popularity of specialty coffees and customizable drinks [1] - The company aims for beverages to become a $5 billion business by 2030, targeting younger consumers and Gen Z [2] - Taco Bell is scaling innovation from Live Mas Cafe to all restaurants, exemplified by the rollout of Aguas Frescas nationwide [7][8] - The company hopes to reach $3 million in average sales per store by 2030, with beverages playing a significant role [27] Market Performance & Trends - Taco Bell's first Live Mas Cafe in Chula Vista, California, exceeded initial sales forecasts by four times [4] - Taco Bell reports selling over 900 beverages per day, with a third of orders including a specialty drink [5] - In 2025, Taco Bell sold 600 million beverages, up 16% from 2024 [5] - Taco Bell has raised prices about 75% since 2019, yet maintains a strong value perception among consumers making less than $50,000 [17][18] - Despite innovation and value, Taco Bell lost over 4% of Mexican quick-service market share between 2019 and 2024 [19] Industry Context & Competition - The number of drinks offered by the top 500 chains has increased by over 9% in one year, highlighting the beverage trend in the restaurant industry [10] - Other chains like Sonic, Jollibee, Whataburger, and Wendy's are also expanding drink offerings [11] - Dutch Bros is seen as a leader in beverage trends, influencing other companies' practices [11] - Caffeine consumption is growing in the US, driving the demand for beverages in limited-service restaurants [13]
How Costco quietly built a multibillion-dollar clothing empire
CNBC· 2025-10-23 16:00
Apparel Business Size & Growth - Costco's apparel business has reached nearly $10 billion [1] - Costco's apparel sales have grown by almost 40% over the past five years [1] - Costco's apparel segment growth surpasses competitors like BJ's (28%) and Sam's Club (21%) [1] - Costco's apparel segment is larger than brands like Gap, Calvin Klein, Tommy Hilfiger, Abocrombie & Fitch, and Old Navy [2] Inventory & Sourcing Strategies - Costco sources products directly from manufacturers, who create specific lines for the wholesale club [2] - Costco secures licensing deals with major brands to sell their products [3] - Costco acquires overstock or excess inventory from retailers or third-party sellers [3] Market Recognition & Legal Challenges - Men's apparel sales at Costco experienced double-digit growth in the most recent quarter [4] - Lululemon filed a lawsuit against Costco alleging product duplication, indicating increased industry attention [4]