The vast majority of employers think workers are struggling to manage their personal finances. And while bosses are doing more to help alleviate their financial struggles, companies are still falling short. Nearly 8 in 10 employers offering a workplace retirement plan such as a 401(k) think their employees are hurting financially, according to a recent survey by insurance company MassMutual. “Employees are struggling with financial wellness.” That means they have to stretch retirement savings ov

Baltimore resident Rosemarie Dumhart uses a decoy package, marked with an X, to discourage the so-called “porch pirates” operating in the Canton area of Baltimore, Maryland, on December 17, 2018. SEBASTIEN DUVAL | AFP | Getty ImagesThe “porch pirate” has become the real-life Grinch of many Americans’ holiday season. An estimated 36% of Americans have had a delivered package stolen from outside their home at least once, according to C+R Research. The holiday season is a gold mine for porch pirate

With the Mega Millions jackpot at $340 million, Friday the 13th might turn out to be someone’s ultra-lucky day. And while the odds are stacked against a jackpot win — your chance is 1 in about 302 million — at some point there will be a winning ticket. And experts recommend that big lottery winners take steps right away to protect their windfall. “You want to have a clear head so you can get through a stressful but exciting time,” said Kurland, who specializes in helping lottery winners. Mega Mi

As student debt poses more problems for people, states and the federal government are rolling out more solutions. There are now more than 100 student debt assistance programs across the country. Meanwhile, the Army will wipe out thousands of dollars in student debt each year for soldiers in the National Guard. Even borrowers with private loans could be eligible for many of the state-run student loan assistance programs, said Will Sealy, co-founder and CEO of Summer, which helps people navigate t

But you shouldn’t buy AT&T’s first 5G phone, the Galaxy Note 10+ 5G, yet. That’s because there’s also AT&T’s so-called “5G+” network that first launched in April for corporate clients which uses high-band mmWave technology. But, the Galaxy Note 10+ 5G announced on Friday doesn’t support the 5G+ network. It only supports AT&T’s slower but more widespread lower-band 5G network. AT&T says its 5G network will cover the U.S. in the first half of 2020.

NBCUniversal CEO Steve Burke plans to step down when his contract expires in August, a person familiar with the situation said Friday. NBCUniversal, parent company of CNBC, declined to comment. Burke, 61, has been CEO of NBCUniversal since Comcast closed its acquisition of the company in 2011. Burke is preparing to launch a major new digital initiative for NBCUniversal — Peacock, the company’s streaming service that will compete with Netflix, Disney+, Apple TV+, AT&T’s HBO Max and many more. Dis

China Commerce Minstry to hold press briefing on phase one trade dealChinese officials are set to hold a press conference regarding the trade talks at 9:30 am EST. CNBC’s Eunice Yoon reports.

Greycroft’s Alan Patricof on why he’s sticking with Biden over BloombergAlan Patricof, co-founder and managing director of Greycroft and friend of Mike Bloomberg, joins CNBC’s “Squawk Box” to discuss former New York City Mayor Mike Bloomberg’s entry into the 2020 Democratic primary and whether he thinks Wall Street will support his run.

Check out the companies making headlines before the bell:Oracle (ORCL) – Oracle beat estimates by 2 cents a share, with quarterly profit of 90 cents per share. The business software giant’s revenue fell short of Wall Street estimates and its current-quarter earnings outlook falls largely below Wall Street forecasts. Adobe (ADBE) – Adobe reported quarterly profit of $2.29 per share, 3 cents a share above estimates. Costco (COST) – Costco came in a penny a share ahead of estimates, with quarterly

Cuts to higher education fundingLackluster state funding is a major reason for rising college costs. The CBPP report analyzes state funding for higher education and published in-state public college costs from the 2008 school year to the 2018 school year. “Nearly every state has shifted the responsibility of funding higher education from the state to students over the last 25 years, with the most drastic shift occurring in the past decade.” Mitchell said college costs can rise even in states tha

Senate Majority Leader Chuck Schumer, one of the Democrats most supportive of President Donald Trump’s crackdown on China, contended Friday that the president caved by reportedly striking a trade agreement. The New York Democrat was responding to details that were reported before the deal was announced by Trump. After Schumer’s statement, Trump tweeted that the U.S. has agreed “to a very large Phase One Deal with China.” The president said Beijing “agreed to many structural changes and massive p

Former NBA Commissioner David Stern suffered a sudden brain hemorrhage Thursday and had emergency surgery. Stern served exactly 30 years as the NBA’s longest-tenured commissioner before Adam Silver replaced him on Feb. 1, 2014. Stern has remained affiliated with the league with the title of commissioner emeritus and has remained active in his other interests, such as sports technology. Stern oversaw the growth of the NBA into a league whose games were televised in more than 200 countries and ter

Also, overnight repo operations on Dec. 31 and Jan. 2 will rise to at least $150 billion. Repo operations involve short-term Fed offerings of cash in exchange for ultra-safe assets like Treasury bonds from banks. Regular repo operations are for very short duration, but term repos run longer — often around three months but occasionally up to a year. The announcement is significant in that it follows concerns expressed in several quarters about whether the Fed’s previous moves to quell the repo ma

The financials ETF, the XLF, which did not hit a record but is at 2007 highs, is also on track for its best year since 2013. Oppenheimer technician Ari Wald says that stabilizing interest rates and overall bullish market conditions could drive the XLF to an even bigger breakout. Chantico Global CEO Gina Sanchez agrees that a breakout is likely ahead given two key factors that are favorable for the financials. Secondly, on a fundamental level, Sanchez also points to the current interest rate envi

Democratic megadonor and venture capitalist Alan Patricof told CNBC on Friday that he’s sticking with former Vice President Joe Biden’s presidential campaign despite billionaire and former New York Mayor Mike Bloomberg’s late entry into the race. Founder of his eponymous Bloomberg media empire and a former Republican, Bloomberg joined the packed Democratic presidential race in late November. The Democratic race has been engulfed in an ideological fight for the hearts and minds of the party, with

Apple employees in Silicon Valley can now get free genetic screenings for diseases from their on-site health clinics, thanks to a pilot partnership with Color Genomics. The idea is to move health care at Apple’s clinics from reactive to proactive, as genetic tests can offer a window into health risks down the line. By offering cutting-edge medical treatments like genetic testing, AC Wellness can help Apple recruit and retain talented employees. In addition, although AC Wellness is technically a

What a difference a decade makes, especially one as chaotic, confounding, exciting and disruptive as the 2010s. For a stark example, look no further than the value of the biggest American companies then and now. We will look at the biggest changes in the worlds of business, markets, money and politics — as well as the companies, people and forces behind them. We’ll see which companies were the most important for the decade and look back on some of the biggest moments on CNBC TV over the past 10

The semiconductor sector was the best-performing industry of the decade thanks to the rise in cloud infrastructure and data centers. CNBC used FactSet to screen for the best-performing stocks in the S&P 500 in the past decade. Angel Navarrete | Bloomberg | Getty ImagesChip stocks outperformSemiconductor stocks are the best-performing industry of the decade, so it may not come as a surprise that Broadcom and Nvidia made the best-performing stocks list gaining 1,982% and 1,411% since 2010, respect

There was another tech company in Seattle, but nobody paid it much attention. Back then, Amazon was like eBay or Craigslist — an important website you went to for a specific purpose. Amazon CEO Jeff Bezos The Washington Post | Getty ImagesPerhaps the most important core principle is putting the customer first. Amazon hardware chief Dave Limp stands next to a photo of new hardware products the company unveiled in an event in Seattle on Sept. 25, 2019. Like Facebook, another company that gets crit

President Donald Trump takes part in a round table discussion on business and red tape reduction in the Roosevelt Room of the White House in Washington, DC on December 6, 2019. President Donald Trump said Friday that as part of the U.S.-China trade deal Washington will not charge Beijing with any new tariffs and slightly reduce existing tariffs. The Office of the United States Trade Representative confirmed that the U.S. will be maintaining 25% tariffs on approximately $250 billion of Chinese im