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U.S. Economy

Utah’s ‘Silicon Slopes’ tech sector is making a run at Silicon Valley

by Merchant Moller
Utah’s ‘Silicon Slopes’ tech sector is making a run at Silicon Valley

Salt Lake City in winter. 4kodiak | E+ | Getty Images This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business …

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This is the best time of year to buy a used car

by Nevil Nickel
This is the best time of year to buy a used car

Ljubaphoto | E+ | Getty Images If you’re in the market for a used car, the best time of the year to buy one is fast approaching. New Year’s Eve …

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U.S. can become crypto superpower with sensible regulation: Eric Trump

by Merchant Moller
U.S. can become crypto superpower with sensible regulation: Eric Trump

A set of “sensible” regulatory guidelines can help make the U.S. a cryptocurrency superpower, according to Eric Trump, executive vice president of the Trump organization and son of president-elect Donald …

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What’s next for Meta’s metaverse

by Sipho Sepamla
What’s next for Meta’s metaverse

In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and Zuckerberg set his sights on a …

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Investors look to key labor data

by Merchant Moller
Investors look to key labor data

The 10-year Treasury traded around flat on Monday as investors parsed the latest manufacturing data. The yield on the benchmark U.S. 10-year Treasury was little changed at 4.197%. On Friday, …

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Rally in small caps just starting: VettaFi’s Rosenbluth suggests

by Merchant Moller
Rally in small caps just starting: VettaFi’s Rosenbluth suggests

Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small …

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Trump policy nudges euro toward parity with U.S. dollar

by Dennis chmitz
Trump policy nudges euro toward parity with U.S. dollar

Oscar Wong | Moment | Getty Images Euro is expected to hit parity with the dollar Economists expect the euro to fall to or even below parity with the U.S. …

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10-year Treasury yield slides to lowest point since October on holiday-shortened trading day

by Merchant Moller
10-year Treasury yield slides to lowest point since October on holiday-shortened trading day

The 10-year Treasury yield retreated to a new low going back to late October on Friday amid a shortened trading day for U.S. markets following the Thanksgiving holiday. The yield …

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These economists say AI can improve the fiscal health of the U.S.

by Merchant Moller
These economists say AI can improve the fiscal health of the U.S.

Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer …

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10-year Treasury yield slides as key inflation report comes in as expected

by Merchant Moller
10-year Treasury yield slides as key inflation report comes in as expected

Treasury yields slid Wednesday as a key inflation reading met expectations. The yield on the 10-year Treasury fell almost 5 basis points to 4.256%. The 2-year Treasury yield dipped 3.3 basis …

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