Nearly half of parents with a child older than 18 provide them with at least some financial support, according to a recent report. For parents, however, supporting grown children can be a substantial drain at a time when their own retirement security is at risk. Here's how to create boundaries and figure out a balance: https://cnb.cx/3Tu6XeJ

More than half (52%) of Americans say they would need at least $100,000 a year to be financially comfortable, according to the August 2023 CNBC Your Money Survey. It’s becoming increasingly more difficult to achieve the American Dream, especially as younger generations are beginning their adulthood with thousands of dollars in student loans. Watch the video above to learn more about how much it costs to achieve the American Dream. Chapters: 0:00 Introduction 1:35 Cost of living 3:30 Rise in consumer debt 6:29 Changing American Dream Produced by: Charlotte Morabito Edited by: Nora Rappaport Animation: Jason Reginato, Christina Locopo Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC Why A $100,000 Salary Can’t Buy The American Dream

Virgin Voyages is targeting a new type of traveler: remote workers. In March, the Miami-based cruise line owned by Sir Richard Branson introduced a month-long cruise called the “Scarlet Summer Season Pass.” It’s essentially four week-long cruises packaged together to appeal to remote workers who want to spend a month at sea in southern Europe. Read more here: https://cnb.cx/3U689W7

The EV revolution could bring more change to the automotive industry than since its founding, and the potential impact is a tempting proposition for entrepreneurs. But this business is not for the faint of heart and nothing like starting an app or a social media company. It takes billions of dollars to build factories, design vehicles, secure suppliers, comply with regulations and find a way to distribute and service cars. Many have dramatically underestimated the capital costs. Going public through Special Purpose Acquisition Companies, or SPACs, is one way to raise funds. Balancing the need to respect age old industry practices, while finding ways to innovate in a highly competitive market is a struggle. The few that have been successful so far, such as Tesla and BYD, are emulating some of the practices that helped automakers like Ford and General Motors emerge victorious from the industries first wave of consolidation in the early 20th century. But others like Fisker, Lordstown Motors, IndieEV and WM have failed or are at risk. Chapters: 00:00 - 01:24 Title card: Why so many EV companies fail 1:30 Chapter 1 - The potential 04:31 Chapter 2 - Money 07:34 Chapter 3 - Manufacturing 11:50 Chapter 4 - Vertical Integration Producer: Robert Ferris Editor: Darren Geeter Animation: Christina Locopo, Jason Reginato Senior Managing Producer: Tala Hadavi Additional footage: Getty Images, Tesla, Rivian, Canoo, Ford, Dyson, BYD, Lucid Motors Why So Many EV Companies Fail

President Joe Biden on Monday unveiled a new student loan forgiveness plan — and any of that relief dispensed in 2024 wouldn’t trigger a federal tax bill. But borrowers could still owe federal taxes on future forgiveness, experts say. Some states may also tax debt forgiveness received this year or in future years. Read more: https://cnb.cx/3vM5LdC

Some businesses using new artificial intelligence tools have reported big gains in labor productivity. These AI assistants, backed by some of the biggest names in tech, could someday change how work gets done in the U.S. As the technology shuffles up white-collar work in the U.S., some policymakers are pitching ideas like 32-hour work weeks and robot taxes. Meanwhile, other countries are banning high-risk uses of AI in sectors like education and financial services. Chapters: 0:00 Introduction 01:20 Chapter 1: Productivity and taxes 05:37 Chapter 2: Jobs 07:49: Chapter 3: Regulation Produced and Edited by: Carlos Waters Production assistance: Jack Hillyer Animation: Jason Reginato Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images, U.S. Congress Additional Sources: The Brookings Institution, New York State Assembly, Nasdaq, National Bureau of Economic Research, New York Stock Exchange, Social Security Administration, TrackBill, White House » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC How The U.S. Is Regulating AI

The American mall is alive and well. Department stores — which were historically the most important real estate in American malls — are a different story. U.S. department stores are struggling to compete against new online direct-to-consumer competitors and smaller brick-and-mortar retailers that have been able to keep up with the ever changing demand of consumers. And this is causing familiar retailers like JCPenney, Sears and Macy's to close, the latter of which recently announced it would close up to 150 stores. "The ones that are closing are underperforming or have lost their own way with the customer," said Michael Guerin, EVP of leasing at Macerich. "The brand is not working for one reason or another. So it's hardly impactful to us when you have an obsolete situation or a brand close." Top-tier malls, known as class-A malls, are pivoting toward an experiential model, replacing department stores with grocery stores, casinos, gyms, ice skating rinks and, in some cases, even residential apartments. The shift in strategy has been working. Malls have bounced back to near pre-pandemic occupancy levels as customers seek out experiences. Mall owners are also capitalizing on the omnichannel strategy bolstering stores' online presence in addition to their brick-and-mortar stores, creating a halo effect for retail sales. All malls aren't created equal, however. Lower-tier malls are feeling the effects of department store closures more acutely as inflation and economic pressures increasingly split consumers into two categories: luxury shoppers and discount shoppers. That's also causing a split in the fortunes of America's oversupply of malls, with affluent consumers flocking to higher-end malls, bargain-hunting shoppers heading to strip malls, and little left in the middle. "Those who are calling for the demise of the mall might have been premature. But stepping back, there are probably still too many malls in the country," said Haendel St. Juste, senior REIT analyst at Mizuho Securities. "There were, you know, last, by most estimates, around 1000 malls a few years back." Watch the video above to find out more about how malls survived the death of the department store. Chapters: 0:00 Introduction Ch. 1. The end of the anchor department store? Ch. 2. How malls pivoted Ch. 3. What’s next? Produced by: DeLon Thornton Edited by: Tim Hurt Graphics by: Christina Locopo Supervising Producer: Jeff Morganteen Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC How U.S. Malls Survived The Death Of Department Stores

Nine years after its megamerger, food behemoth Kraft Heinz is facing challenging times amid slumping sales, high inflation, a shift away from processed foods and stiff competition. Despite $27 billion in annual sales, the company must keep innovating if it wants to compete with private-label brands such as Costco's Kirkland or Wegmans' various brands which are quickly stealing market share as recent generations value lower prices over loyalty. With a new CEO, a renewed focus on core brands, and Brazilian private equity company 3G out of the picture, majority stakeholder Warren Buffett's Berkshire Hathaway is betting it can make a comeback. But experts say it could be difficult. Chapters: 0:00 Introduction 2:01 Chapter 1. A bad deal 7:40 Chapter 2. Turn around? 11:37 Chapter 3. Industry Risks Produced and shot by: Natalie Rice Edited by: Evan Lee Miller Animation by: Christina Locopo, Jason Reginato Senior Managing Producer: Tala Hadavi Additional Sources: FactSet, Reuters Additional Footage: Getty, AP Photos, The Kraft Heinz Company » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC Why Kraft Heinz Is Warren Buffett's Worst Bet

The U.S. economy may still face a “delayed” recession, says financial analyst Gary Shilling. “We’ve had more strength in employment than probably is commensurate with the state of business,” Shilling told CNBC. In this episode of “The Bottom Line,” Shilling talks about what may be next for the economy — from key indicators and AI to globalization and the Presidential Election. Chapters: 0:28 Investor sentiment 1:37 Recession risks 3:25 Labor market outlook 5:42 Presidential election vs. economy 6:53 Future of globalization 7:51 Investment strategy 8:54 AI disruption 10:08 Ongoing wars vs. global business Script and Edit by: Andrea Miller Production and Camera by: Charlotte Morabito Additional Camera by: Jordan Smith Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC Why The U.S. Economy May Have A ‘Delayed’ Recession: Gary Shilling

Couples who merge their finances fight less often about money than those who don’t, recent reports show. Experts say there’s generally not a right or wrong way for couples to manage their assets — as long as they are on the same page. Do you have a joint account with your partner? Here's what that says about your relationship: https://cnb.cx/3OygTRl

California is home to some of the highest gas prices in the United States, according to AAA. High taxes are partly to blame for the price of gas in the state. But there’s more to the story. For drivers who aren’t going electric, there are several ways to save on gas, experts say: https://youtu.be/0fEN-oWgI8U

A majority of Americans, 95%, said they plan to look for a new job in 2024, according to a survey by job site Monster. Money’s a big part of this: 45% of American workers say they need a higher income. Data from the Federal Reserve shows that job switchers increase their salary more quickly on average than those who stay put, but hiring professionals say it’s still important for candidates to be strategic when making career moves. Watch the video above to learn more about when to consider changing jobs and how to approach your job search strategically. Chapters: 0:00 Introduction 1:10 Why people leave 3:57 Being strategic 9:48 How employers view work history Produced by: Charlotte Morabito Edited by: Nora Rapport Additional Camera by: Juhohn Lee, Andrea Miller Animation: Jason Reginato Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC How Long Should You Stay At Your Job?

As the U.S. real estate market ballooned to $52 trillion dollars in 2023, according to Zillow, a growing number of start-ups think web3 can lower the barrier to entry for aspiring real estate investors. Lofty AI focuses on the rental market, allowing its customers to buy a stake in a rental property for as low as around $50. Those investors earn daily rental income and collectively govern decisions with the property. Vesta Equity pairs investors with homeowners looking to sell a portion of their home equity as a token in return for cash. The homeowner can repurchase the token at market value at a later date, or the investor holding that token can take advantage of future appreciation of the property at the time of sale. As these companies grow in users and revenue, there’s still a question of whether they fit under current U.S. regulations and how they could impact communities. Chapters: 00:00 – 00:56 Intro 00:57 – 03:46 What is tokenized real estate? 03:47 – 06:15 How is it regulated? 06:16 – 09:28 How does it affect communities? Produced, Shot, and Edited by: Kaan Oguz Animation: Christina Locopo, Jason Reginato Managing Producer: Jordan Smith Supervising Producer: Jeff Morganteen Additional footage: Jordan Smith, Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC Crypto World: How Tokenization Could Shake Up The $52 Trillion U.S. Real Estate Market

Five years ago, 346 people were killed in two plane crashes that happened five months apart, in Indonesia and Ethiopia. Both were Boeing 737 Max 8 planes. Then, this past January, Boeing came inches from yet another catastrophe as a door plug blew off an Alaska Airlines 737 Max 9 plane at 16,000 feet shortly after taking off from Portland, Oregon. Preliminary reports said the door panel that flew off the Max 9 appeared to be missing four key bolts. The Department of Justice has opened a criminal investigation into the Alaska Airlines incident. And the Federal Aviation Administration said it found dozens of problems after auditing Boeing’s manufacturing process. While Boeing and the FAA have responded more aggressively to the Max 9 issue, the FAA production audit found multiple instances where both Boeing and fuselage maker Spirit Aerosystems allegedly failed to comply with manufacturing quality control problems. Boeing announced major management changes including CEO Dave Calhoun, who was brought in to get the company out of the max crisis in 2019, just announced he’ll be stepping down at the end of 2024. CNBC explores how the 737 Max crisis unfolded and what the future holds for Boeing’s best selling jet. Chapters: 2:22 Evolution of the Boeing 737 5:42 Missing bolts 9:36 A merger and a shift 11:09 What’s next? Produced, Shot and Edited by: Erin Black Supervising Producer: Jeniece Pettitt Animations: Jason Reginato Editorial Support: Leslie Josephs Additional Production: Katie Tarasov » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC Why The Boeing 737 Max Has Been Such A Mess

When Japanese automaker Toyota first brought hybrids to the U.S. in the early 2000s, they were at the cutting edge of green transportation. But soon after, EVs stole the spotlight. Elon Musk-led Tesla disrupted the auto industry and nearly every major legacy automaker scrambled to take part in the coming EV revolution. With almost no fully electric vehicles, the once vanguard Toyota looked behind the times. However, as of early 2024, EV sales are leveling off and hybrids are making a comeback. Automakers such as Ford, BMW, Mercedes, Hyundai and General Motors are all either pulling back on EV production or boosting the manufacture of the humble hybrid. The vast majority of hybrids are standard ones - with an engine and backup battery. But plug-in hybrids are a growing category. Automakers such as GM are reintroducing them to North America. Chapters: 00:00 – 01:55 Intro 01:56 – 05:42 The hybrid surge 05:43 – 09:36 EV troubles 09:37 – 14:46 What’s next Producer: Robert Ferris Editor: Darren Geeter Animation: Jason Reginato Senior Managing Producer: Tala Hadavi Additional footage: Getty Images, Toyota, Tesla, Ford, Volvo, Hyundai » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC Why Hybrids Are Beating EVs In The U.S.

As the climate crisis continues to pose a global threat, top economists are debating its effects on the U.S. economy. In this episode of “The Bottom Line”, see how renowned economists like Jeffrey Sachs and Mark Zandi forecast the economic impact. Chapters: 0:00 Introduction 0:41 Urgency of action 2:27 Economic implications 4:02 Role of businesses and government Produced and Edited by: Mark Licea, Jack Hillyer Lead Producer: Juhohn Lee Supervising Producer: Lindsey Jacobson Graphics by: Jason Reginato Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC How Will The Climate Crisis Affect The U.S. Economy | The Bottom Line

Each year, about 90% of world trade is transported by ship. While commodities like oil and grain make up 40% of that cargo, large steel containers, filled with appliances, smartphones, and couches, make up the remainder. Maersk, the world's second largest container shipping company, transports about one in five of those containers. In addition to its fleet of over 670 vessels, the Danish-based carrier also runs one of the globe's largest port terminal businesses, with 64 terminals. Maersk logged record profits of $29.3 billion in 2022 due in part to pandemic-induced buying and higher freight rates. But the company is flagging "high uncertainty" for the year ahead as a shift in consumer spending habits has brought revenue in line with pre-pandemic levels. Today, like its rivals, Maersk faces a range of challenges including attacks on vessels in the Red Sea, a drought at the Panama Canal, and the threat of higher tariffs related to a potential Trump presidency. Chapters: 0:00 Introduction 2:44 Chapter 1: Global challenges 5:38 Chapter 2: The early days 8:43 Chapter 3: Pivoting to land Produced by: Shawn Baldwin Edited by: Nic Golden Henry Supervising Producer: Jeniece Pettitt Additional Reporting: Lori Ann LaRocco Animation: Christina Locopo Additional Footage: Getty Images, Maersk » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC How Maersk Is Navigating The Volatile Shipping Industry

The tech sector is having a big 2024. It's a different story for tech workers, though. Watch the video to find out more about why tech workers may be poised to endure another rough year of layoffs, and why the surprising strength of the U.S. economy may not be coming to their rescue: https://youtu.be/SkAc2P_audc

The tire business can be a brutal one - low growth, low margins and extreme competition. Tire makers are at the mercy of ups and downs of raw material prices. About half of customers are largely indifferent to the brand of tires they buy. Price is the main differentiator. But industry analysts say the rise of EVs provides tire makers with the biggest growth opportunity they have seen in decades. AlixPartners estimates that tires on EVs can cost 20 percent more and require replacement 50 percent more frequently. Watch the video above to learn more. Chapters: 00:00 - 01:16 Title card - Why tire companies love EVs 01:23 Chapter 1 - A tough business 03:37 Chapter 2 - EV revolution 09:31 Chapter 3 - The potential Producer: Robert Ferris Editor: Evan Lee Miller Animation: Christina Locopo, Jason Reginato Senior Managing Producer: Tala Hadavi Additional footage: Audi, Chevrolet, Continental, Ford Getty Images, GMC, Kia Michelin, Polestar, Porsche, Rivian, Tesla, Volkswagen » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC #CNBC Why Tire Companies Love EVs

The Consumer Financial Protection Bureau unveiled a new rule in March that it said would cap the typical late fee that banks charge customers at $8 per incident. By cutting late fees to $8 from an average of around $32, more than 45 million card users would save an average of $220 annually, the CFPB said in a release. https://cnb.cx/3P6qcZc