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November 28, 2021

CNBC

Elon Musk urges Tesla employees to reduce cost of vehicle deliveries

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CNBC – For more and to sign up click here Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Amid ongoing port constraints and rising shipping costs, Tesla CEO Elon Musk urged employees Friday, in......

Black Friday shopping in stores drops 28% from pre-pandemic levels as shoppers spread spending throughout the season

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CNBC – For more and to sign up click here Shoppers with bags from various stores stand next to each other as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters Traffic at retail stores on Black Friday......

‘I use it for life’: Mike Tyson joins the list of celebrities launching a cannabis line

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CNBC – For more and to sign up click here In this handout image Mike Tyson attends the Hublot x WBC “Night of Champions” Gala at the Encore Hotel on May 03, 2019 in Las Vegas, Nevada. Omar Vega | HUBLOT via Getty Images Mike Tyson told CNBC cannabis makes......

The current inflation run is similar to other episodes in history, but with important differences

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CNBC – For more and to sign up click here A customer’s groceries are rung up at a store in San Francisco, California, U.S., on Thursday, Nov. 11, 2021. David Paul Morris | Bloomberg | Getty Images Critical supply chains are choked off. Demand soars. Prices surge and everyone starts......

Small Business Saturday holiday shopping is back, and maybe changed forever

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CNBC – For more and to sign up click here Sign on glass reading Thank You For Supporting This Local Business in a bakery in Walnut Creek, California, September 15, 2021. Photo courtesy Sftm. (Photo by Gado/Getty Images) Gado | Archive Photos | Getty Images Over one-third of Americans (34%)......

More colleges face bankruptcy even as top schools experience record wealth

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CNBC – For more and to sign up click here The University of Maryland The Washington Post | The Washington Post | Getty Images Across the country, colleges are in crisis. Fewer students went back to school again this year, dragging undergraduate enrollment down another 3.5% from last year, according......

Almost 80% of small-business owners say ‘shopping small’ is more important than ever before — here’s why

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CNBC – For more and to sign up click here This holiday season, your decision to “shop small” could help your favorite local shop keep its doors open another year. That’s according to the 523 small-business owners surveyed by American Express in October, 78% of whom said that their holiday......

Reusable gift wrap, homemade gifts: Sustainability is on the wish list this holiday season

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CNBC – For more and to sign up click here SustainAble Home Goods sells a selection of eco-conscious products online and also offers cloth wrapping that can be reused. Source: SustainAble Home Goods Some children might be waking up on Christmas morning to find more homemade gifts and a lot......

How Major League Soccer is positioning the sport to become a dominant one in the U.S.

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CNBC – For more and to sign up click here Soccer in the U.S. has not always had the best track record. Its popularity fluctuates, and interest is usually tied to significant events, such as the World Cup or the Olympics. Major League Soccer has spent more than 25 years......

These entrepreneurs used the ‘Great Resignation’ to reinvent themselves. Here’s how they did it

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CNBC – For more and to sign up click here Jennifer Sutton, pictured with her children, quit her job this year to open Guest Haus Juicery & Matcha Bar in Park City, Utah. Courtesy: Jennifer Sutton Jennifer Sutton was burned out. When the Covid-19 pandemic hit, the 37-year-old advertising executive......

No cases of new omicron Covid variant in the U.S., CDC says

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CNBC – For more and to sign up click here Pediatric doses of the Pfizer-BioNTech Covid-19 vaccine sit on a table at National Jewish Health on Nov. 3, 2021 in Denver, Colorado. Michael Ciaglo | Getty Images News There are no U.S. cases of the new omicron Covid variant, the......

Oil drops 13% in worst day of 2021, breaks below $70 as new Covid variant sparks global demand concerns

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CNBC – For more and to sign up click here Working oil pumps against a sunset sky. Imaginima | E+ | Getty Images Oil posted its worst day of the year on Friday, tumbling to the lowest level in more than two months as the new Covid-19 strain sparked fears......

J.D. Vance, an ally of tech investor Peter Thiel, made almost $1 million in the period before he launched his Ohio Senate campaign

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CNBC – For more and to sign up click here JD Vance, the venture capitalist and author of “Hillbilly Elegy,” takes photos with supporters after a rally Thursday, July 1, 2021, in Middletown, Ohio, where he announced he is joining the crowded Republican race for the Ohio U.S. Senate seat......

Fauci says U.S. in ‘active communication’ with South African scientists about Covid variant

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CNBC – For more and to sign up click here White House Chief Medical Adviser Anthony Fauci gives his opening statement before the Senate Health, Education, Labor and Pensions hearing on “Next Steps: The Road Ahead for the COVID-19 Response” on Capitol Hill in Washington, November 4, 2021. Elizabeth Frantz......

Covid developments to rule the market once again in the week ahead after Friday’s rout

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2021. Brendan McDermid | Reuters Uncertainty about a new emerging coronavirus strain could continue to spook markets, just as Friday’s employment......

Boeing, airline stocks tumble as new Covid variant spurs travel curbs

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CNBC – For more and to sign up click here Boeing, airlines and other travel stocks tumbled on Friday after several European and Asian countries announced new travel restrictions from southern Africa because of a new Covid variant. European Union member nations on Friday agreed to suspend travel from the......

Car shopping for Black Friday deals is very different this year. Here’s what to know

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CNBC – For more and to sign up click here David Paul Morris | Bloomberg | Getty Images When it comes to shopping for a new car, this isn’t your typical Black Friday. Deals and discounts that were once plentiful this time of year are harder to come by. An......

U.S. to restrict travel from South Africa, 7 other countries as new Covid variant emerges

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CNBC – For more and to sign up click here People line up to get on an overseas flight at OR Tambo International Airport in Johannesburg, South Africa, Friday Nov. 26, 2021. Jerome Delay | AP WASHINGTON – The United States will restrict travel for non-U.S. citizens from South Africa......

Biden administration proposes oil and gas drilling reform but stops short of ban

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CNBC – For more and to sign up click here An oil well pump jack operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images The Biden administration on Friday proposed reforms to the country’s oil and gas......

What’s on our radar for next week

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange on Nov. 5, 2021. Spencer Platt | Getty Images (This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates......

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