Domain: cnbc.com

American television business news channel

CNBC is an American business news channel owned by NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts business news and analysis programming during the morning, daytime trading day, and early-evening hours, while off-peak hours are filled by business-related documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City.

cnbc.com
🌐 85% Global Worthiness
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Trump Calls for Debt Ceiling Elimination

President-elect Donald Trump called for the elimination of the debt ceiling on Thursday, aligning with some Democrats who have also pushed for its removal, stating it's a meaningless concept used as a political weapon; he opposes the recently passed short-term government funding bill, which he calle...

Progress

44% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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10,000 Amazon Workers Strike During Holiday Season

On Thursday, December 2023, approximately 10,000 Amazon warehouse workers, represented by the Teamsters, walked out at seven U.S. locations during the peak holiday season, demanding contract negotiations, while Amazon claims no operational disruptions.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Microsoft's Copilot Underperformance Weighs on Stock Despite Strong Business Fundamentals

Microsoft's stock underperforms despite Azure, gaming, and office software successes; Copilot's slow adoption and competition from Salesforce's Agentforce raise investor concerns, while an upcoming PC refresh cycle offers a potential tailwind.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Luxury Safaris Shift from 'Big Five' to Transformative Experiences

The luxury safari market is undergoing a transformation, shifting from traditional game viewing to personalized experiences including conservation efforts, community interaction and unique activities; the market is expected to grow from \$1.7 billion in 2023 to \$1.98 billion by 2032, with prices re...

Progress

32% Bias Score

Responsible Consumption and Production
cnbc.com
🌐 75% Global Worthiness
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Riksbank Cuts Rates to 2.5% Amid Weak Growth

Sweden's central bank cut interest rates by 0.25 percentage points to 2.5% on Thursday to support weak economic growth, despite November inflation falling to 1.6%, hinting at a potential further rate cut in the first half of 2025.

Progress

28% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 90% Global Worthiness
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Nissan and Honda Explore Blockbuster Merger to Tackle EV Competition

Japanese automakers Nissan and Honda are reportedly exploring a merger, potentially including Mitsubishi, to create the world's third-largest auto group and better compete with electric vehicle giants like Tesla and BYD amidst rising global competition. The deal faces obstacles, including potential ...

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
🌐 85% Global Worthiness
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Market Volatility: Micron's Dip, Housing Slowdown, and Oversold Market

Micron Technology's stock plunged 11% despite strong earnings, citing weak cellphone and PC demand; Lennar Corp.'s Q4 earnings missed expectations due to high interest rates; the S&P 500 Short Range Oscillator is at its most oversold level, hinting at a possible market rebound.

Progress

60% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Senate to Vote on Social Security Bill Costing $196 Billion

The Senate is set to vote on the Social Security Fairness Act, which would increase benefits for about 3 million people by repealing the Windfall Elimination Provision and Government Pension Offset, costing $196 billion over 10 years and accelerating the trust fund's insolvency by six months, accord...

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52% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Top Aide to NYC Mayor Adams Indicted on Bribery Charges

Former NYC Mayor Eric Adams' top aide, Ingrid Lewis-Martin, and three others were indicted on Thursday in Manhattan on charges of bribery, money laundering, and conspiracy for allegedly using City Hall influence to benefit a hotel chain in exchange for over \$100,000 in cash and benefits.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 75% Global Worthiness
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Fed Rate Cut Triggers Yuan Weakening and Market Selloff

The U.S. Federal Reserve cut its key interest rate by 25 basis points on Wednesday, prompting the Hong Kong Monetary Authority to make a similar cut, while the offshore yuan weakened to 7.3218 against the U.S. dollar and the S&P 500 experienced a broad-based selloff.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Gundlach Advises Increased Cash Positions Amidst Fed's Revised Rate Cut Projections

Fixed income investor Jeffrey Gundlach advises increasing cash positions to 30% of a portfolio due to the Federal Reserve's announcement of only two potential rate cuts in 2024, impacting money market fund yields which currently stand at 4.41% on the Crane 100 Money Fund Index, contrasting previous ...

Progress

48% Bias Score

Reduced Inequality
cnbc.com
🌐 90% Global Worthiness
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Supreme Court to Hear TikTok Ban Case

The Supreme Court will hear arguments on January 10th regarding the constitutionality of a law that could ban TikTok in the US due to national security concerns; the law requires TikTok's parent company to sell the app or face removal from US app stores, impacting 170 million users and potentially b...

Progress

44% Bias Score

Peace, Justice, and Strong Institutions