DeLon Thornton

New York, Washington, D.C., United States

Associate Producer at CNBC

@CNBC AP, formerly @CBSNEWS • #UMD journalism grad Superhero nerd & Black Politics enthusiast & A slew of other interests Views are MY own. -Management

Articles

How lumber duties could worsen home affordability in the U.S.

1 month ago | cnbc.com | DeLon Thornton

Volatile lumber prices are once again rattling the U.S. housing market, squeezing builders and threatening to exacerbate an already dire affordability crisis. Softwood lumber prices in April surged 23% year-over-year, while futures rose sharply in early 2025 amid fears of increased U.S. duties and widespread sawmill closures across North America, according to the National Association of Home Builders.
How lumber duties could worsen home affordability in the U.S.

1 month ago | flipboard.com | DeLon Thornton

NowCNN — President Donald Trump and his administration have long suggested that the on-again, off-again rollout of historic tariffs was intentionally chaotic, part of a carefully crafted master plan designed to keep America’s trading partners on the back foot. But that dubious theory has been belied by …
How higher lumber prices could impact home building in the U.S.

1 month ago | cnbc.com | DeLon Thornton

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Demand remains high for skilled foreign workers, as U.S. faces critical shortage

Mar 17, 2025 | cnbc.com | DeLon Thornton

The United States is facing a critical shortage of skilled workers, particularly in STEM fields. The country is expected to need around 1 million additional STEM professionals between 2023 and 2033, with tech job growth outpacing the overall workforce, according to the Bureau of Labor Statistics. To fill this gap, the H-1B visa program, established in 1990, has been pivotal, allowing U.S. businesses to temporarily hire foreign workers in specialized fields.
Why Amazon, Meta and Google are hiring foreign-born tech workers

Mar 17, 2025 | cnbc.com | DeLon Thornton

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWhy Amazon, Meta and Google are hiring foreign-born tech workersThe U.S. faces a growing demand for skilled workers, particularly in STEM fields with a need for 1 million more STEM workers by 2033. The H-1B visa program, created in 1990, helps fill this gap by allowing businesses to temporarily hire foreign workers in specialized fields, with 85,000 visas available annually.
How e-commerce is disrupting traditional seasonal work in retail

Dec 24, 2024 | nbclosangeles.com | DeLon Thornton

The holiday buying season is here, but the familiar rush of shopping and seasonal jobs is taking on a new shape as online shopping continues to shift the work landscape. This year, retailers are expected to add 520,000 seasonal jobs, a drop from last year's 564,000, according to outplacement firm Challenger, Gray & Christmas. The decline signals a larger trend: the growing dominance of e-commerce.
How e-commerce is disrupting traditional seasonal work in retail

Dec 23, 2024 | nbcnewyork.com | DeLon Thornton

The holiday buying season is here, but the familiar rush of shopping and seasonal jobs is taking on a new shape as online shopping continues to shift the work landscape. This year, retailers are expected to add 520,000 seasonal jobs, a drop from last year's 564,000, according to outplacement firm Challenger, Gray & Christmas. The decline signals a larger trend: the growing dominance of e-commerce.
How developers are converting shopping malls into apartments

Dec 4, 2024 | cnbc.com | DeLon Thornton

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailHow developers are converting shopping malls into apartmentsWhile many U.S. malls face anchor store closures and empty parking lots, some are finding new life by becoming housing. At least 192 U.S. malls planned to add housing to their footprint as of January 2022. Dozens of apartment projects at malls are underway in California, Colorado, Florida, Arizona and Texas.
Why some U.S. companies are scaling back DEI programs

Nov 22, 2024 | cnbc.com | DeLon Thornton

Donald Trump's election has left some concerned that his policies could harm diversity, equity and inclusion initiatives, especially given some of his outspoken Cabinet picks and his interest in potentially dismantling the Department of Education. Still, others argue that the pullback may be overstated.
How corporate America may be 'quiet quitting' DEI

Nov 21, 2024 | cnbc.com | DeLon Thornton

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailHow corporate America may be 'quiet quitting' DEIAs companies navigate a politically charged climate in 2024, some are scaling back their DEI initiatives. While many Fortune 1000 companies committed to DEI after George Floyd's death in 2020, major corporations like Google, Meta, and Ford are retreating amid conservative pressures and economic concerns.