Kingsport, Tennessee, is a manufacturing town in the foothills of the Appalachian Mountains. Home to generations of industrial workers, it is home to an ammunitions plant that manufactures explosives that the US military relies on. It has long been a Republican stronghold and many voters there say they still plan to support the Republican Party,…
Wholesale costs for goods and services were flat in July, the Bureau of Labor Statistics reported Thursday in the latest positive sign for inflation. The producer price index, a measure of underlying inflation pressures, was unchanged for the month, below the 0.2% Dow Jones consensus estimate and after falling 0.1% in June. The June figure…
A 1996 McLaren F1 GTR. Crystal Lau | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The classic car auctions in Monterey could reach a record $500 million this week,…
Jeanice with her daughter Jordyn. (Instagram/@jeanicejperez) When Jeanice Perez became pregnant at 18, she was not sure what the future would look like. She knew one thing, though. She wanted her daughter to have a life that looked different from her own. Jeanice had grown up in Las Vegas and in poverty.“Being poor was just…
Flock Safety, the police tech company that tracks Americans’ vehicle movements through a line of cameras, announced Thursday that it would implement several new safeguards to its products. The changes that Flock outlined include shrinking the period for how long it holds people’s movement data by default, going from one month to one week, the…
Earlier this week, organisers of the song contest updated their rules to state that if a country involved in an armed conflict wins the competition, it will be ineligible to host it the following year. The amendment was approved by the contest’s governing body, following feedback from participating broadcasters after Eurovision 2026 in Vienna. It…
England fans react during the England V Croatia in the 2026 FIFA World Cup match at Croydon Boxpark on June 17, 2026 in London, England. Alishia Abodunde | Getty Images News | Getty Images The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the…
Jackyenjoyphotography | Moment | Getty Images A legal battle is brewing over new federal rules related to accounts that hold money to pay homeowners’ property taxes and insurance payments. Ten state attorneys general filed a lawsuit on Tuesday seeking to invalidate a pair of Office of the Comptroller of the Currency rules that allow certain banking institutions…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. “Euro summer” might have cost some travelers a pretty penny this week: Hotel and short-term rental prices surged around yesterday’s rare solar eclipse. Stock futures are slightly higher this morning after a mixed session for Wall Street. Here are five…
Giorgos Tsetis, co-founder and former CEO of Nutrafol. Courtsey of Giorgos Tsetis A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are built to be patient with their portfolios, investing…
