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Survey: Many Older Millennials Still Struggling to Pay Off Student Debt
In a CNBC/Harris Poll survey of older Millennials (ages 33 to 40), 40% still had half their student loan balance or more left to pay. CNBC’s Megan Leonhardt explains the survey results and which life decisions millennials had to delay because of the debt.
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Warren Buffett Revealed Which President Princess Diana Deemed ‘Sexiest Man Alive'
When Warren Buffett spoke with Princess Diana for the second and final time — right before her death in 1997 — the night’s topic of conversation became a secret that he kept for years. Because, according to a 2012 CNBC interview that’s been making the rounds online, Diana had revealed her pick for the “sexiest man alive.” The guy was none other than...
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Biden Beats Trump in Town Hall Ratings Showdown
An average 14.1 million people tuned in to watch former Vice President Joe Biden’s town hall on ABC Thursday night, topping the 13.5 million who watched President Donald Trump’s town hall on NBC, according to data from media measurement company Nielsen. Biden’s town hall ran from 8 p.m. to 10 p.m. ET while Trump’s ran from 8 p.m. to...
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Just the Facts: Former Fox News Host Shepard Smith Introduces His New, Nonpartisan CNBC Show
Former Fox News anchor Shepard Smith is back with a new show airing on CNBC called “The News with Shepard Smith,” which he describes as a nightly newscast providing nonpartisan coverage of the day’s most notable news stories, free of outside opinions.
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Amazon's Newest Ring Device Is a Flying Security Camera Drone
Amazon is launching a new Ring security camera that’s fixed on top of a flying drone. Called the Ring Always Home Cam, it’s an autonomous indoor security camera that can fly inside your home and record footage of multiple viewpoints. Users set a path for the device to fly throughout the home. When the device isn’t in the air, it...
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25-Year-Old Black Tech Lead in Silicon Valley: I Want to Use My Influence to Combat Systemic Racism
Already in his young career, Kyle Woumn, 25, has had disappointing experiences that are too typical for a Black techie in white Silicon Valley.
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At Least 24 Million Students Could Drop Out Due to Pandemic Says UN
The disruption to schools caused by the coronavirus pandemic constitutes a “global education emergency” that threatens to derail the education of at least 24 million students projected to drop out of school as a result, said Henrietta Fore, executive director of the United Nations Children’s Fund.
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College Football Stars Could Earn as Much as $2.4 Million Per Year, Based on NCAA Revenues, Study Says
The debate over whether the top college athletes should be paid more like professional players continues to rage, even as those athletes now have more avenues for making money while playing collegiate sports.
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You May Not Be Able to Get Change at the Grocery Store —Here's Why
There’s a new shortage in the U.S. caused by the coronavirus pandemic — and it’s not a paper product or food staple. Coins are currently hard to come by and, as a result, some grocery stores, banks and restaurants may not be able to provide you with change. Kroger, one of the largest grocery chains in the nation, announced this week...
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Former Fox News Anchor Shepard Smith Joins CNBC as Chief General News Anchor With New Evening Show
CNBC announced on Wednesday that former Fox News anchor Shepard Smith is joining the network to host a one-hour evening news program on weekdays at 7 p.m. ET. The newscast, which will be called “The News with Shepard Smith,” is set to launch in the fall. Smith’s title will be chief general news anchor and chief breaking general news...
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Goldman Sachs says National Mask Mandate Could Slash Infections, Save Economy From 5% Hit
A federal face mask mandate would not only cut the daily growth rate of new confirmed cases of Covid-19, but could also save the U.S. economy from taking a 5% GDP hit in lieu of additional lockdowns, according to Goldman Sachs.
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Bobby Bonilla ‘Took the Mets to the Woodshed' With His Lucrative 25-Year Deal
Bobby Bonilla, who retired as a baseball player in 2001, hasn’t played for the New York Mets since 1999. Yet Bonilla is among the highest-paid position players on the Mets’ payroll this year. The team paid the 57-year-old $1,193,248.20 on Wednesday — as it has each year over the past decade and will continue doing through 2035.
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‘How Often Should I Clean My Dog?' ‘Do Pets Need Face Masks?': What to Know About Your Pet and Covid-19
The coronavirus pandemic has caused increased anxiety among pet owners. In April, the first cases of positive Covid-19 tests in U.S. domestic pets, in two cats and a dog, were confirmed, along with four tigers and three lions at the Bronx Zoo. The Centers for Disease Control and Prevention now recommends that dogs, cats and other animals follow the social distancing guidelines as humans. While there’s currently no evidence...
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Couple Out of Work Due to the Coronavirus Pandemic: ‘We Will Be OK for About 2 to 3 Months'
As a result of the coronavirus pandemic, Alissa and Freudys Perez, a married couple from Kissimmee, Florida, are both out of work. On March 28, Alissa was furloughed from her job as director of public relations and marketing communications at Marriott International. Less than two weeks earlier, Freudys had been temporarily laid off from his job as a banquet server at Marriott...
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As Coronavirus Pandemic Pushes More Grocery Shoppers Online, Stores Struggle to Keep Up With Demand
For many U.S. shoppers, the coronavirus pandemic was the push they needed to stock their pantries by browsing online instead of store aisles. If the online shopping habit sticks — even for a percentage of the new or more frequent customers — it could represent a meaningful shift in an industry that’s been slow to go digital. Only about 3% or...
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Dreams of a Windfall Push Mega Millions Jackpot to $200 Million
If daydreaming about scoring a windfall would help you escape the coronavirus doldrums, you might want to buy a Mega Millions ticket. The lottery game’s jackpot has reached the $200 million mark for the first time in almost three months amid slowing sales. And if all six numbers are matched in Friday night’s drawing, it could be a while...
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‘I May Be Homeless Once This Is All Done': Some Americans Aren't Getting Unemployment Checks
Sandra Speier is among the millions of Americans who have filed for unemployment benefits in recent weeks. But, a month later, her application is still in limbo. The Miami resident, a single mother and self-employed personal trainer, submitted an online application for jobless benefits on March 23. It’s been “pending” ever since and has yet to be processed by the state’s...
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Oil Prices Set to Crater as Russia, Saudi Arabia Meeting Delayed Amid Tension
The virtual meeting between OPEC and its allies scheduled for Monday has been postponed, sources familiar with the matter told CNBC, amid mounting tensions between Saudi Arabia and Russia. The meeting will now “likely” be held on Thursday, sources said. The Monday meeting was set after President Donald Trump said to CNBC on Thursday that he expected Russian President Vladimir Putin...
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5 Ways to Ensure the Coronavirus Outbreak Doesn't Cripple Your Retirement Savings
The recent market volatility may have you wondering just what to do with your retirement account.
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How Volunteers From Tech Companies Built a Coronavirus-Tracking Site in Six Days
In the last week, a group of thirty volunteers from tech companies like Apple, Amazon and Alphabet put together a website called “covidnearyou” that aims to track the coronavirus as it spreads.