cnbc’s Posts

CNBC Senior Personal Finance Correspondent Sharon Epperson is passionate about informing the public not only about making and managing money but also giving back. It’s a mission that she follows in her own home with her two children. “I like to expose my son and daughter to experiences where they are giving back and having …

Around the same time I traveled to Boston to have my genome sequenced, I deposited 2 milliliters, or about half a teaspoon, of spit in a plastic tube, sealed it up, and dropped it in a mailbox. While I got a whole genome sequence with Illumina, I was also going to get what is called …

Middle class Americans are now outnumbered by those above and below them and are “falling behind financially”, according to new analysis of government data by the Pew Research Center. The beginning of 2015 saw 120.8 million adults living in middle-income homes, compared with 121.3 million Americans living in lower and upper income households, a significant …

Billionaire and GOP front-runner Donald Trump got his business start off the ground thanks to what he called a “small” loan from his father — $1 million. Turns out a fair number of millennials who are self-employed and launching start-ups are doing the same thing. Well, not the $1 million part. While a financial gift …

Yahoo will not move forward with a spinoff of its stake in Alibaba, the company confirmed Wednesday. “The board will now evaluate alternative transaction structures to separate the Alibaba stake, focusing specifically on a reverse of the previously announced spin transaction,” Yahoo said in a release. Read More If Yahoo’s for sale, who’s interested? The move …

Viruses and security threats targeting Apple products have spiked in the past 18 months, a new study said Tuesday. There were 22 threats targeting the Mac operating system since June 2014, up from 17 in the 18 months prior, according to Symantec, the information protection company behind Norton AntiVirus and other products. And there were …

A homeless man in Aspen, Colorado, beat 840,000-to-1 odds to win a half-million dollars on a lottery scratch ticket, and “it couldn’t happen to a better type of person,” a shelter worker said Monday. Michael Engfors, 61 — who’s been homeless for about six years after he lost his business and went through a divorce …

Wall Street’s proclivity to create serial equity bubbles off the back of cheap credit has once again set up the middle class for disaster. The warning signs of this next correction have now clearly manifested, but are being skillfully obfuscated and trivialized by financial institutions. Nevertheless, here are ten salient warning signs that astute investors …

AnneMarie Ciccarella needs to find a new health plan for 2016, because her old insurer is out of business. The breast cancer survivor wasn’t surprised to find most individual plans don’t include her doctors at Memorial Sloan Kettering in their networks. “I’ll give up my oncologist and I will find someone to follow me. And …

California’s lucrative nut business is increasingly a target of sophisticated crime rings, and losses from cargo heists and a spike in thefts have led the industry and law enforcement to call an emergency summit. “It’s not like the movies, where they just pull up and take the truck full of pistachios at gunpoint and then …

A small South Dakota town is up for sale, and going for a cheap price, reports the Rapid City Journal. The “ghost town” of Swett was originally listed for $399,000 about 16 months ago. It’s currently listed at $250,000, according to real estate agent Stacie Montgomery. Montgomery told the Journal that she has heard from …

The holidays are here, which means the shopping season is in full gear and millennials already have a head start. According to the National Retail Federation, nearly 65 percent of older millennials, age 25-34, are already making a dent in their shopping lists and more than 50 percent agree that retailers’ deals have been excellent …

Alicia Munnell, director of the Center for Retirement Research at Boston College, recently dropped a bomb: Her center’s research uncovered the fact that defined contribution plans, such as 401(k) plans, provide about the same percentage of a retirees’ income that pensions once did. That was the good news. Now for the bad news. Even if …

With consumer drones exploding in popularity, a Virginia-based start-up is aiming to help citizens, governments and corporations detect when unwanted drones are near.

Target-date investments have reached $1 trillion in assets after growing at a 280 percent clip in the past five years.