Ownership of electric vehicles continues to rise in the U.S., with nearly six million battery electric vehicles and plug-in hybrids currently on the road. Even though that's still a fraction of the overall market and the growth rate of EV sales has slowed, automakers remain invested in the eventual transition away from gasoline, as 2024 sales of traditional internal combustion engine cars fell below 80% for the first time in modern automotive history. Continued EV sales growth shows that at least for a significant portion of auto consumers, range anxiety is no longer an issue. But it is a persistent fear in the EV market that is getting a new test with the Trump administration looking to slash EV incentives from the federal government. The majority of EV owners charge up at home, but from city streets and interstate highways to parking garages and airports, the EV industry is concentrated on installing enough chargers in public places to help end range anxiety, while building pur
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,959,590 followers
About us
Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
- Website
-
http://www.cnbc.com
External link for CNBC
- Industry
- Broadcast Media Production and Distribution
- Company size
- 501-1,000 employees
- Headquarters
- Englewood Cliffs, NJ
- Type
- Public Company
- Specialties
- Financial News, Stocks, Market Updates, Merger and Acquisitions, Investing Tools, Business News, Earnings, World Market News, Career, Entrepreneurship, Business, Finance, Markets, News, and Journalism
Locations
-
Primary
1 CNBC Plaza
Englewood Cliffs, NJ 07632, US
Employees at CNBC
Updates
-
The latest installment of HBO's "The White Lotus" has viewers wishing they were also poolside, soaking in the tropical scenery. In the days before and after the show's season three premiere, CNBC reported that social media chatter about traveling to Thailand was up 60%. Throughout the show's run, a Four Seasons property has been the backdrop for the cast of characters' luxurious, and drama-filled vacations — first in Maui, then Sicily and now Koh Samui. Now, the Four Seasons is offering travelers the chance to experience life at "The White Lotus" for themselves.
-
Treasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years. "What I could guarantee is we would have had a financial crisis. I've studied it, I've taught it, and if we had kept up at these spending levels that -- everything was unsustainable," Bessent said on NBC's "Meet the Press." "We are resetting, and we are putting things on a sustainable path." President Donald Trump has made getting the government's fiscal house in order a priority since taking office. He created the so-called Department of Government Efficiency, led by Elon Musk, to spearhead job cuts and early retirement incentives across multiple federal agencies.
-
If you receive an unsolicited text claiming to be from the Internal Revenue Service, it's almost certainly a scam. This is especially relevant during tax season. The Better Business Bureau warns about phishing attempts in which scammers use the promise of automatic payments for $1,400 stimulus checks as a lure to steal sensitive data. While the stimulus checks are legitimate — check your eligibility here — the IRS is not texting taxpayers about them.
-
Melanie Ehrenkranz isn't a stranger to job instability. In the decade she's worked in media, she's seen countless smart and creative friends lose their jobs during mass layoffs. When it happened to her in 2023, it sparked an idea: Ehrenkranz decided to create a resource for people going through layoffs to discuss the thorny parts of getting the news — the indignity of being let go over a video call, who they told first, getting into company gossip with ex-co-workers, and what they named their commiseration group chats. In other words, all the things you want to spill but can't post on LinkedIn.
-
Canadians are swapping their friendly auras for a fierce sense of nationalism amid U.S. President Donald Trump's attacks on the country's trade and sovereignty. Trump's mostly delayed plans for 25% tariffs on Canadian goods and his calls for the country to become an American state has spurned citizens of the U.S.'s northern neighbor and key trade partner. As a result, Canadians have rejected American imports and issued other economic punishments in an unusual show of patriotism. "It really feels for most Canadians like we've been backstabbed, that the person that we trusted the most is now sort of turning on us and attacking us for no apparent reason," said Joel Bilt, an economics professor focused on international trade at the University of Waterloo in Ontario. "That has really unified people."