Tech
How Disney Vacations Became Too Expensive For Many Americans
Once a right of passage for most American families, theme parks like Disney World and Disneyland are quickly becoming out of reach for many middle class American families. Over the past 10 years, the average cost for a Disney World single-park ticket has increased more than 56%, above the national rate of inflation of 32% in the same period. And that doesn’t include the cost of food, merchandise, lightning lane, hotels and airfare. The average cost of a five-night Disney World vacation for a family of four in 2024, with all the bells and whistles, comes in at around $5,000, according to Wolfe Research. In its Q3 2024 earnings, Disney said its parks and experiences segment felt pressure due to lower consumer demand and inflation. This is a trend that is industry wide — Comcast’s Universal Studios also experienced a drop in attendance in 2024. Disney World is the most visited theme park in the world, but have recent price increases pushed inflation-weary Americans away? Will Disney trips continue to be a staple of American childhoods or is it becoming a luxury? CNBC explores.
Chapters
00:00 – 2:37 Cold open
2:42 Magic and money
9:24 Disney debt
12:25 Passholder departure
15:12 What’s next
Produced by: Devan Burris
Edited by: Marc Ganley
Supervising Producer: Jeniece Pettitt
Animations by: Christina Locopo
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How Disney Vacations Became Too Expensive For Many Americans
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Tech
Google Lost The AI Lead. Can Quantum Put It Back on Top?
“Inside a secretive lab in Santa Barbara, California, scientists at Alphabet are working on one of the company’s most ambitious bets yet. They’re attempting to develop the world’s most advanced quantum computers. Late last year, Google unveiled a breakthrough quantum computing chip called Willow, which it says can solve a benchmark problem unimaginably faster than what’s possible with a classical computer. CNBC’s Deirdre Bosa gets an exclusive look inside Google quantum lab and explores whether Willow may give Google a chance to take the lead in the next technological era.
Chapters:
00:00 Introduction
00:47 Chapter 1: Is quantum overhyped?
2:09 Chapter 2: Google’s breakthrough
5:25 Chapter 3: The competition
8:41 Chapter 4: Quantum and AI
12:44 Chapter 5: Interview with Google’s quantum AI director
Anchor: Deirdre Bosa
Produced by: Jasmine Wu, Laura Batchelor, Drew Troast
Edited by: Amy Marino
Camera: Andrew Evers, Katie Tarasov
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato
Additional Production: Merritt Enright
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Google Lost The AI Lead. Can Quantum Put It Back on Top?
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Tech
What Will Cause The Next Recession – Michelle Meyer On Elevated Risks
Bank of America’s Head of U.S. Economics Michelle Meyer predicts a slower economy in 2019 compared to last year. A slowing global economy, especially from China, is likely to have an impact on the United States. But despite the risks being higher, the economic data shows an imminent recession may not be in the cards.
She also explains why wages have improved despite an aging population. “The labor market is tight,” she says. And it’s not just for high-skilled workers, but for lower income jobs as well.
Watch the video above to hear more from Bank of America’s Head of U.S. Economics Michelle Meyer.
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What Will Cause The Next Recession – Michelle Meyer On Elevated Risks
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Tech
Elon Musk: We Need A Lunar Base To Help ‘Fire Up’ The Public About Space Travel | CNBC
Speaking at the International Space Station Research and Development Conference on Wednesday, Tesla and SpaceX Founder Elon Musk said we need to build a base on the moon to help support missions to Mars and to spur public support for space exploration.
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Elon Musk: We Need A Lunar Base To Help ‘Fire Up’ The Public About Space Travel | CNBC
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Tech
Why Americans Keep Buying McMansions
For years following the Great Recession, “McMansion” were considered “ugly” or “bad investments,” mainly because they were considered unnecessarily large, had way too many amenities and built often with cheap materials. But during the pandemic when Americans sought to move to larger homes in the suburbs, they had a resurgence. In 2025, tariffs and immigration crackdowns will cause an increase on the price of new construction, helping the already built McMansions. But not all of these home are created equal.
Chapters:
0:00 Introduction
1:22 Chapter 1. The rise of McMansions
3:34 Chapter 2. The Great Recession
4:55 Chapter 3. A bad investment?
Produced Shot and Edited by: Natalie Rice
Animation: Jason Reginato, Mallory Brangan
Senior Managing Producer: Tala Hadavi
Additional Camera: Erin Black
Additional Footage: Getty Images, AP Photos, NBC News
Additional Sources: Bureau of Labor Statistics, Redfin
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Why Americans Keep Buying McMansions
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Tech
NYU Professor Scott Galloway: Tech Has To Employ Human Discretion On Platforms | CNBC
Scott Galloway, NYU Stern School of Business professor, and Recode’s Kara Swisher discuss what kind of social responsibility social media holds to curb misleading information on its platforms.
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NYU Professor Scott Galloway: Tech Has To Employ Human Discretion On Platforms | CNBC
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