See inside JFK airport’s new $9.5 billion international terminal
The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The terminal, which will be […]
Don’t blame Jerome Powell — or the Fed — if you can’t afford to buy a house right now
Trump says the Fed’s high interest rates are keeping Americans from buying houses. There’s more to it than that.
Covid vaccine makers Moderna BioNTech stocks, mRNA strategies diverge
A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images The Covid-19 pandemic turned Moderna and BioNTech into household names almost overnight. Now the two companies are on different paths. Both Moderna and BioNTech helped pioneer mRNA, or […]
‘I have never been asked for money before’: My friend wants to borrow $1,600 to pay her rent. Do I say yes?
“I have heard mixed reviews on lending people money.”
Moderna to slash 10% of workforce amid Covid vaccine sales
The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Thursday said it plans to slash roughly 10% of its global workforce by the end of the year, as Covid shot sales continue to dwindle and the company grapples with uncertainty in the vaccine market. […]
How much are Southwest’s new assigned seats? It depends
Southwest Airlines new premium seats featuring extra legroom. Leslie Josephs/CNBC Southwest Airlines‘ first assigned seats went on sale this week for flights starting Jan. 27 of next year. What you’ll pay will vary. The price depends on the route, when you’re traveling and where you sit. Selecting your ideal seats can add hundreds of dollars […]
Trump sacks BLS chief after poor jobs report, as credibility of U.S. economic data comes under fire
President Trump on Friday fired the head of the government agency that produces the monthly jobs report, claiming without evidence she was biased against him.
Battle for talent at family offices boosts incentive plans and pay
Maskot | Maskot | Getty Images 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 ramping up their battle for talent, creating new incentive plans for top executives that […]
The world’s No. 2 crypto may hit a record high — here’s what’s driving it this summer
Despite a modest pullback on Friday, ether’s strong outperformance relative to bitcoin over the past month has highlighted growing investor enthusiasm around several key themes in the crypto space this summer. Analysts say the momentum, supported by a wave of regulatory developments, could continue to push ether’s price higher.
Why Black entrepreneurs flock to Martha’s Vineyard every August
Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty Images Martha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. “I would say the magic of it is really about introducing […]
