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‘Nobody Wins In A Trade War,’ Economists React To Tariffs | The Bottom Line
CNBC· 2025-08-26 16:00
The problem with generalized tariffs on all goods coming into the United States 10% or higher is that every consumer has to pay more. That means every consumer effectively is poorer. Faces a larger tax. It is not just a large tax.It's also a regressive tax in the sense that consumers who have lower incomes have to pay a larger portion of their incomes in the form of this tariff tax. That means that everybody around the economy are not just the exporters to the United States, but also United States companies ...
Why E.l.f Beauty bought Hailey Bieber's Rhode for $1 billion
CNBC· 2025-08-25 16:01
Acquisition Analysis - ELF Beauty's acquisition of Road for $1 billion is being questioned, especially with increasing tariffs [1][2] - The acquisition aims to build a cosmetics empire for ELF Beauty [2][3] Pricing Strategy & Tariffs - Tariffs have led ELF Beauty to increase prices by $1, marking the second price hike in 3 years [1] - The price increase may impact ELF Beauty's reputation for affordability [1] Customer Perception - Customers value ELF Beauty's transparency and creative advertising [2] - ELF Beauty is known for offering "dupes" or premium knockoffs at affordable prices [2] Brand Loyalty - ELF Beauty has cultivated a devoted fan base, particularly on social media [1]
Why SpaceX Became Crucial To The U.S. Space Program
CNBC· 2025-08-24 15:01
Three. Two. One.Zero. Ignition. Liftoff.SpaceX has become synonymous with U.S. Space supremacy. SpaceX is irreplaceable as a national asset. Right now, SpaceX is just completely dominant.But it's dominant because it's the best. For years, the U.S. Government and SpaceX have had a mutually beneficial relationship. The government is an extraordinary customer from us, both the Department of Defense as well as NASA.The news these days is we have $22 billion worth of government contracts. We earned that. Booster ...
Why high earners still feel broke
CNBC· 2025-08-23 15:00
For many Americans, work can feel like a hamster wheel. No matter how hard they run, it never feels like enough. Americans on average say they would need $520,000 a year to feel rich. And the more people earn, the more they say they need to feel comfortable.Americans making under $50,000 felt they needed $157,000 a year to feel comfortable. Those making $100,000 or more said they would need $246,000. When I was in middle school, a song came out called Mo Money Mo Problems.And I think that that's true. Your ...
We Toured Texas Instruments’ $60 Billion U.S. Fab Megaproject
CNBC· 2025-08-22 16:00
Rising up out of sprawling ranch land in North Texas, there's two giant new buildings. The first one in the distance, is an operating clean room. The one closer to us is the second factory that today is a shell.And they're just the start of Texas Instruments' $60 billion seven-plant project officially announced in July. Yeah, this site long term will produce hundreds of millions of chips every day. Texas Instruments is making a big bet that companies will want to make a lot of chips on U.S. soil. And in Aug ...
Why Americans love gated communities
CNBC· 2025-08-21 16:01
Florida is kind of the land of gated communities. People that are buying in Florida, they want the ease of living. They want to live in paradise without all the maintenance.>> Lindsay Tronolone is a realtor in Palm Beach County, Florida, a hub for luxury real estate. The area also boasts dozens of gated communities. Some sell waterfront condos.Others have multi-million dollar mansions. People are moving here for the golf. You're not going to pay $225,000 for a golf membership and not be using it.that gated ...
What Happens If FEMA Goes Away?
CNBC· 2025-08-20 16:00
The United States has a long history of disasters. Take, for example, Hurricane Helene, which devastated western North Carolina. Misery, and still more loss in the southeast, almost a full week after Hurricane Helene swept through the region.What happened was unbelievable. Cars, trailers, everything just came down the river and through this large building called Riverview Station that we were housed in, it was devastating because everything of ours got flooded. We lost loved ones.We know people that were sw ...
The dangers of the rise in AI companions
CNBC· 2025-08-19 16:00
AI Risks & Societal Impact - AI systems pose potential harm to humans and society, with risks escalating as they become more powerful [1] - Concerns exist regarding the negative impact of AI companions, with some believing they have already gone too far [1] - Social Media Victims Law Center represents families affected by social media and AI apps, highlighting potential dangers [2] Social & Psychological Concerns - AI interactions may negatively impact the ability to form shared values and understanding [3] - Loneliness is a growing concern, particularly among young people, raising questions about the impact of AI [3] - The use of AI by children raises significant concerns and adds a new dimension to the discussion [3]
Why You’ll Probably Work Longer Than Your Parents
CNBC· 2025-08-18 16:00
Sixty-four percent of Americans surveyed are more worried about running out of money in retirement than they are about dying, and 1 in 4 Americans surveyed believe they won't ever be able to retire. The average life expectancy in OECD countries is about 80 years old. That's around a 13 year increase since 1960.As a result, retirement ages are rising in more than half of OECD countries. I think the key thing that drives that is an improvement in longevity and honestly, in health. We have more options for ext ...
Why Ram had to revive its legendary Hemi V-8 engine
CNBC· 2025-08-17 15:00
Market Trend & Consumer Preference - The auto industry is shifting towards electrification and fuel efficiency, but a significant portion of pickup truck buyers still prefer V8 engines [1] - Stalantis' management, primarily based in Europe, may have initially underestimated the American pickup truck market and buyer preferences [2] Company Strategy & Product Lineup - Stalantis initially decided to remove the Hemi V8 engine from several of its brands, including Dodge, Jeep, Ram, and Chrysler, replacing it with an inline six-cylinder engine called the Hurricane [1] - Ram 1500 sales declined after Stalantis replaced the Hemi V8 with the Hurricane engine [1] - Stalantis has recognized its mistake and reintroduced the V8 engine while continuing to invest in six-cylinder engines and electrification [3] - Stalantis plans to introduce electric Ram trucks but acknowledges the importance of retaining the V8 engine to maintain sales among loyal customers [3]