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Business

Navigate the world of business, economy, and stock market with our comprehensive category. Stay informed with the latest news, expert analysis, and investment insights. Explore the dynamics of finance and markets in our curated collection of business content.

How a Former K-Pop Star and Texas Chef Created the Perfect Southern BBQ — Smoke Point

Eater: How a Former K-Pop Star and Texas Chef Created the Perfect Southern BBQ — Smoke Point

November 9, 2023

At Heirloom Market BBQ in Atlanta, owners Jiyeon Lee and Cody Taylor serve Texas barbecue with a Korean twist. This combination has earned the restaurant a spot on the Michelin Guide and turned it into one of the busiest restaurants in the city, serving classics like brisket and dishes special to them like a hot chicken sandwich, kalbi beef rib with Korean banchan, and more.

CNBC Make It - How I Work 5 Hours A Week & Make $1.6 Million A Year

Make It: How I Work 5 Hours A Week & Make $1.6 Million A Year

November 9, 2023

Graham Cochrane, 39, lives in Tampa, Florida and works as a business coach who runs an online business. He teaches people how to make money off of their passions, turn their knowledge into income and sells online courses. He grew his business from earning $7,000 to $1 million in 8 years. Here’s how he works 5 hours a week and makes $1.6 million a year.

How I Built Mike's Hot Honey Into A $40 Million-A-Year Business

Make It: How I Built Mike’s Hot Honey Into A $40 Million-A-Year Business

November 6, 2023

After years of creating and perfecting his hot honey recipe at home, Mike Kurtz brought in a bottle to show his boss, Paulie Gee, while serving as his pizza apprentice. Paulie loved it, and the unique topping quickly became a hit. From there, demand grew and what had started as a hobby for Mike, suddenly picked up steam and is now a full-blown company bringing in $40 million a year.

Why Rice Markets Are In Crisis Mode

CNBC: Why Rice Markets Are In Crisis Mode

November 6, 2023

Global supplies of rice are facing its most significant shortage in two decades, exacerbating food insecurity fears. Rice is a staple food for over half the world’s population. India’s export bans sent shockwaves through markets as some argue the country is using food as a political pawn. America’s $34 billion rice industry must compete against the same market uncertainty while managing droughts, floods and changing temperatures. Watch this video to learn more about how global rice markets influence food security, geopolitics and the livelihoods of millions of farmers.

The Economic Stimulus Potential of Universal Basic Income

PFTP: The Economic Stimulus Potential of Universal Basic Income

November 1, 2023

Explore the economic stimulus potential of Universal Basic Income (UBI) in this article. Discover how UBI can boost consumer spending, support small businesses, reduce poverty, and streamline government assistance, fostering a more inclusive and economically vibrant future.

China’s Real Estate Crisis

CNBC: Will China’s Real Estate Crisis Hit The Global Economy?

November 1, 2023

China’s real estate industry is collapsing in slow motion. Major developers like Evergrande and Country Garden remain stuck in spiraling debt problems. So-called ‘ghost cities‘ dot the Chinese countryside. And now the International Monetary Fund just cut its global growth forecasts for 2024 and called out China’s real estate crisis as a big reason why.

The Economic Impact of UBI vs. Traditional Welfare Programs

PFTP: The Economic Impact of UBI vs. Traditional Welfare Programs

November 1, 2023

Explore the economic impact of Universal Basic Income (UBI) and traditional welfare programs in this comprehensive article. Discover the advantages and disadvantages of each approach in addressing income inequality, work incentives, and administrative efficiency.

COVID-19 Vaccines Alter DNA Cause Cancer

Daily Fact-Check: Have COVID-19 Vaccines Been Shown to Alter DNA, Cause Cancer?

November 1, 2023

Small amounts of DNA from the manufacturing process may remain in the mRNA COVID-19 vaccines. Purification and quality control steps ensure any leftover DNA is present within regulatory limits. There isn’t reason to think that this residual DNA would alter a person’s DNA or cause cancer, contrary to claims made online.

How Micron’s Building Biggest U.S. Chip Fab, Despite China Ban

CNBC: How Micron’s Building Biggest U.S. Chip Fab, Despite China Ban

October 31, 2023

Micron, Samsung and SK Hynix are responsible for making 90% of the world’s DRAM memory chips, and Micron is the only one based in the U.S. That’s made it the latest target of bans from China. Yet Micron is spending $115 billion to build the biggest chip project in U.S. history. CNBC visited Micron in Idaho and talked to Gov. Kathy Hochul in New York to hear about the new fabs. We also asked Senate Majority Leader Chuck Schumer about Micron ahead of his meeting with Chinese President Xi Jinping.

How Many Zombie Firms Are Left In The U.S.?

CNBC: How Many Zombie Firms Are Left In The U.S.?

October 31, 2023

Some firms sustain their businesses by taking on more debt that they likely could never repay. Economists call them zombie companies. When compared to their peers, zombies are smaller in size and deliver lower returns to investors. These companies distort markets, keeping resources from their fundamentally sound competitors. Banks and governments keep zombie firms alive with bailout loans. As the Fed resets the economy with higher interest rates, many zombie firms are filing for bankruptcy.

CNBC How The 'Pie Crust Cookie' Creator Brings In $1 Million A Year In NYC

CNBC: How The ‘Pie Crust Cookie‘ Creator Brings In $1 Million A Year In NYC

October 30, 2023

Janie Deegan, 35, was homeless and battling addiction a decade ago. Now, she’s 10 years sober and the owner of Janie’s Life-Changing Baked Goods, a bakery that brought in over $1 million in 2022. The bakery is famous for its pie crust cookies, which ships across the U.S. and are available at retail locations in New York City.

CNBC How Homeowners Associations Took Over American Neighborhoods

CNBC: How Homeowners Associations Took Over American Neighborhoods

October 30, 2023

More than 80% of newly-built single-family homes sold in 2022 belonged to an HOA, according to the U.S. Census Bureau. HOAs tout themselves as a value-add to homeowners, specifically when it comes to maintaining high property value, but not everyone is pleased with HOAs. Fifty-seven percent of homeowners surveyed said they disliked living in an HOA with more than 3 in 10 homeowners saying they feel like the HOA has too much power.

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