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Iran declared the Strait of Hormuz open to all commercial ships during the 10-day ceasefire between Israel and Lebanon. About a fifth of the world’s crude supplies passed through the strait before the war. The closure of the sea lane has triggered the biggest oil supply disruption in history. U.S. domestic prices are also moving higher – especially in California. Here's what the Iran war means for California's energy economy: https://youtu.be/tUM6Kn7M8OQ
1 in 3 condos that recently sold in Manhattan sold at a loss, according to Brown Harris Stevens. Over the past decade, condo values across NYC are up just 16% — while many other major cities saw higher price growth, per Zillow data on condos and co-ops. Experts point to shrinking demand and sluggish national real estate activity. Learn why Manhattan real estate is cooling off — and what it means for buyers and sellers: https://youtu.be/NCjjQm3pwRw
The U.S. government enters Day 22 of shutdown — and Democrats are pushing for three key demands to reopen it:
1. Reverse health-care provisions passed in President Trump's “Big Beautiful Bill”
2. Stop “pocket rescission” taxes
3. Extend enhanced premium tax credits that make health insurance premiums cheaper
Learn more about what’s behind this shutdown and how it could affect you: https://youtu.be/jK0ooAdKL9w
Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. Households earning more than $100,000 made up 75% of the company’s market share gains in the 2024 fiscal third quarter, according to Walmart CEO Doug McMillon: https://youtu.be/WgJPDln3vUw. How often do you shop at Walmart?
Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry winners, according to an analysis by Coresight Research. Read more about the biggest winners and losers in the retail industry so far this year: cnb.cx/42smrEW Follow Chart of the Day on Instagram to stay up to date on latest data you need to know! www.instagram.com/chartoftheday/
Google Maps is the world’s top navigation app, and it’s aiming to stay ahead using new generative AI features, and a nimbler Street View camera that will help it map at least three new countries. CNBC got an exclusive look at the Street View service center and asked the head of Maps about data, privacy, traffic and AI: https://youtu.be/bk-oTa4p4Fc. Are you a Google Maps user?
Sorry, lovebirds, but that chocolate you’re buying for your sweetie this Valentine’s Day probably comes with a bigger price tag. Cocoa prices hit record highs in 2024. Expect to pay about 10% to 20% more for chocolate this Valentine’s Day than last year, one agricultural economist said: cnb.cx/3QhIGGj.
Will you be buying your loved one chocolates this Valentines Day?
Starter homes are typically modest in price and under 1,400 square feet. These units accounted for 40% of new residential construction in 1982, and just 9% in 2023. Find out here why starter homes are disappearing: https://youtu.be/zio8-WF2gGY
. Have you had a starter home?
Joe Biden leaves the presidency with what appears to be a sterling economic record.
There’s just one problem, and it is one that will forever taint the 46th president’s legacy: inflation and its onerous burden on households, particularly those at the lower end of the income spectrum, dwarfed all the other good that happened on Biden’s watch.
A look through various data points helps tell the story of inflation and how that has fed into the perception about the economy as a whole. Take a look at the Biden economy through charts: cnb.cx/4h0bAqe Follow Chart of the Day on Instagram to stay up to date on latest data you need to know! www.instagram.com/chartoftheday/
Santa Claus did not come to town this year. At least, as far as Wall Street is concerned. Through Thursday’s close, the S&P 500 is down 1.8% during the so-called Santa Claus rally period — which runs across the last five trading days of one year and the first two of the following year. Read about what the lack of a Santa Claus rally could mean, with CNBC Pro: cnb.cx/41UzP4s
CNBC Television
Iran declared the Strait of Hormuz open to all commercial ships during the 10-day ceasefire between Israel and Lebanon. About a fifth of the world’s crude supplies passed through the strait before the war. The closure of the sea lane has triggered the biggest oil supply disruption in history. U.S. domestic prices are also moving higher – especially in California. Here's what the Iran war means for California's energy economy: https://youtu.be/tUM6Kn7M8OQ
1 month ago | [YT] | 97
View 53 replies
CNBC Television
1 in 3 condos that recently sold in Manhattan sold at a loss, according to Brown Harris Stevens. Over the past decade, condo values across NYC are up just 16% — while many other major cities saw higher price growth, per Zillow data on condos and co-ops. Experts point to shrinking demand and sluggish national real estate activity. Learn why Manhattan real estate is cooling off — and what it means for buyers and sellers: https://youtu.be/NCjjQm3pwRw
5 months ago | [YT] | 138
View 58 replies
CNBC Television
The U.S. government enters Day 22 of shutdown — and Democrats are pushing for three key demands to reopen it:
1. Reverse health-care provisions passed in President Trump's “Big Beautiful Bill”
2. Stop “pocket rescission” taxes
3. Extend enhanced premium tax credits that make health insurance premiums cheaper
Learn more about what’s behind this shutdown and how it could affect you: https://youtu.be/jK0ooAdKL9w
7 months ago | [YT] | 507
View 350 replies
CNBC Television
Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. Households earning more than $100,000 made up 75% of the company’s market share gains in the 2024 fiscal third quarter, according to Walmart CEO Doug McMillon: https://youtu.be/WgJPDln3vUw. How often do you shop at Walmart?
11 months ago | [YT] | 312
View 315 replies
CNBC Television
Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry winners, according to an analysis by Coresight Research. Read more about the biggest winners and losers in the retail industry so far this year: cnb.cx/42smrEW
Follow Chart of the Day on Instagram to stay up to date on latest data you need to know! www.instagram.com/chartoftheday/
1 year ago | [YT] | 447
View 58 replies
CNBC Television
Google Maps is the world’s top navigation app, and it’s aiming to stay ahead using new generative AI features, and a nimbler Street View camera that will help it map at least three new countries. CNBC got an exclusive look at the Street View service center and asked the head of Maps about data, privacy, traffic and AI: https://youtu.be/bk-oTa4p4Fc. Are you a Google Maps user?
1 year ago | [YT] | 168
View 59 replies
CNBC Television
Sorry, lovebirds, but that chocolate you’re buying for your sweetie this Valentine’s Day probably comes with a bigger price tag. Cocoa prices hit record highs in 2024. Expect to pay about 10% to 20% more for chocolate this Valentine’s Day than last year, one agricultural economist said: cnb.cx/3QhIGGj. Will you be buying your loved one chocolates this Valentines Day?
1 year ago | [YT] | 105
View 50 replies
CNBC Television
Starter homes are typically modest in price and under 1,400 square feet. These units accounted for 40% of new residential construction in 1982, and just 9% in 2023. Find out here why starter homes are disappearing: https://youtu.be/zio8-WF2gGY . Have you had a starter home?
1 year ago | [YT] | 104
View 52 replies
CNBC Television
Joe Biden leaves the presidency with what appears to be a sterling economic record. There’s just one problem, and it is one that will forever taint the 46th president’s legacy: inflation and its onerous burden on households, particularly those at the lower end of the income spectrum, dwarfed all the other good that happened on Biden’s watch.
A look through various data points helps tell the story of inflation and how that has fed into the perception about the economy as a whole. Take a look at the Biden economy through charts: cnb.cx/4h0bAqe
Follow Chart of the Day on Instagram to stay up to date on latest data you need to know! www.instagram.com/chartoftheday/
1 year ago | [YT] | 659
View 237 replies
CNBC Television
Santa Claus did not come to town this year. At least, as far as Wall Street is concerned. Through Thursday’s close, the S&P 500 is down 1.8% during the so-called Santa Claus rally period — which runs across the last five trading days of one year and the first two of the following year. Read about what the lack of a Santa Claus rally could mean, with CNBC Pro: cnb.cx/41UzP4s
Follow Chart of the Day on Instagram to stay up to date on latest data you need to know! www.instagram.com/chartoftheday/
1 year ago | [YT] | 346
View 30 replies
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