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CNBC Business
May 27, 2022

Judge dismisses Trump federal lawsuit against New York Attorney General Letitia James over her probe of business
Ex-President Donald Trump and his company are being investigated by New York Attorney General Letitia James over valuations of real estate assets.

CNBC Business
May 27, 2022

Memorial Day weekend car shopping is looking 'pretty bleak.' Here's what to expect
Special sales among dealerships are minimal to nonexistent amid low inventory, sending many buyers to used-car lots where prices remain elevated.

CNBC Business
May 27, 2022

Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
May 27, 2022

Glam makeup and dressing up are back - and that's benefiting retailers like Macy's and Ulta
As Americans splurge on nicer clothes and makeup to go out again, retailers like Macy's and Ulta are benefiting.

CNBC Business
May 27, 2022

Walgreens, Amazon and Wawa find success with the most-overlooked unemployed worker
Neurodiverse adults with conditions including autism, ADHD, dyspraxia, dyslexia are finding jobs at businesses large and small, and are an untapped labor pool.

CNBC Business
May 27, 2022

Mansions in Boca Raton are commanding Miami Beach prices. Here's a look inside
Ultra-high-end real estate in Boca Raton, Florida, is on a stratospheric rise, breaking record sale prices every year for five consecutive years.

CNBC Business
May 27, 2022

Stocks making the biggest moves premarket: Big Lots, Hibbett, Pinduoduo and others
These are the stocks posting the largest moves before the bell.

CNBC Business
May 27, 2022

Gap shares tumble nearly 20% after retailer slashes profit guidance for the year
The lower-income consumer, which is Old Navy's target customer, is starting to feel pinched by inflation, Chief Executive Officer Sonia Syngal told CNBC.

CNBC Business
May 27, 2022

New Airbus facility to research cryogenic fuel systems for next-gen hydrogen planes
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.

CNBC Business
May 27, 2022

How to protect yourself against monkeypox and what to do if you catch it
A recent monkeypox outbreak across the U.S., Europe, Australia and the Middle East has baffled health experts and is raising concerns of a wider outbreak.

CNBC Business
May 26, 2022

India wants to be the 'pharmacy of the world.' But first, it must wean itself from China
Already the world's third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally.

CNBC Business
May 26, 2022

Monkeypox has spread to more than 20 countries, but the outbreaks are containable, WHO says
About 200 confirmed cases and more than 100 suspected cases of monkeypox have been detected outside of countries where it usually circulates.

CNBC Business
May 26, 2022

Rep. Joaquin Castro asks FBI to investigate police response timeline in Texas school shooting as controversy grows
The police version of what happened during the shooting at the elementary school in Uvalde, Texas, has changed since Tuesday.

CNBC Business
May 26, 2022

Gap shares fall 13% after retailer slashes profit guidance for the year
The lower-income consumer, which is Old Navy's target customer, is starting to feel pinched by inflation, Chief Executive Officer Sonia Syngal told CNBC.

CNBC Business
May 26, 2022

Baby formula supply should return to normal in two months, FDA commissioner says
FDA Commissioner Dr. Robert Califf said it will take about two months for shelves to be full with formula again.

CNBC Business
May 26, 2022

3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring
Dollar Tree and Dollar General boosted their outlook for the year, noting that shoppers squeezed by inflation will seek cheaper prices.

CNBC Business
May 26, 2022

Stocks making the biggest moves midday: Twitter, Macy's, Nvidia, Lululemon and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
May 26, 2022

Home listings suddenly jump as sellers worry they may miss out on the red-hot housing market
With home sales slowing and mortgage rates rising, home sellers are starting to worry that the red-hot housing market is over.

CNBC Business
May 26, 2022

Carl Icahn loses proxy fight with McDonald's over animal welfare
Activist investor Carl Icahn lost his proxy fight with McDonald's on Thursday, signaling that shareholders weren't swayed by his animal-welfare concerns.

CNBC Business
May 26, 2022

As demand for summer travel surges, Delta trims schedule in effort to avoid disruptions
Delta is the latest carrier to trim its schedule ahead of the peak travel season.

CNBC Business
May 26, 2022

How to beat back rising prices with Memorial Day deals
For consumers struggling with soaring prices, the Memorial Day weekend sales push could be a great time to stock up.

CNBC Business
May 26, 2022

'I might have to sleep in my crappy car': Self-made millionaire Bethenny Frankel shares the mindsets that helped her achieve success
"Success is achievable for anyone who wants to put in old-school effort and hard work," says self-made millionaire Bethenny Frankel. She shares the key mindsets that helped her stay mentally strong and driven throughout her career.

CNBC Business
May 26, 2022

'A lot of Costco love' — How the warehouse retailer became a staple of Asian America
Asian Americans are the fastest-growing demographic in the U.S. They're also a disproportionate number of Costco's customers.

CNBC Business
May 26, 2022

5 things to know before the stock market opens Thursday
Macy's raised its full-year profit outlook Thursday morning, while Broadcom announced a roughly $61 billion deal to buy VMWare.

CNBC Business
May 26, 2022

Justin Timberlake sells song catalog to fund backed by Blackstone in deal valued at $100 million
Justin Timberlake is the latest music star to sell the rights to his songs for a huge sum of money.

CNBC Business
May 26, 2022

Stocks making the biggest moves premarket: Macy's, Twitter, Medtronic and more
These are the stocks posting the largest moves before the bell.

CNBC Business
May 26, 2022

Macy's stock surges as company raises 2022 profit outlook despite uncertain retail landscape
Macy's reaffirmed its fiscal 2022 sales outlook and raised its profit guidance, expecting stronger credit card revenue for the remainder of the year.

CNBC Business
May 26, 2022

Singapore's air travel is rebounding despite China's border restrictions, transport minister says
Air travel in Singapore is recovering and has reached around 40% of pre-Covid levels despite China's border restrictions, Transport Minister S. Iswaran said.

CNBC Business
May 26, 2022

Monkeypox is a dangerous disease threat — but has one key difference from Covid, epidemic coalition says
Monkeypox is a rare disease caused by the monkeypox virus, part of the same family as smallpox, though typically less severe.

CNBC Business
May 26, 2022

Monkeypox does not pose a Covid-style risk despite its swift spread, top health execs say
Global health concerns loomed over the World Economic Forum once again this year, but business leaders say they are not worried about a new monkeypox outbreak.

CNBC Business
May 25, 2022

Biden moves to protect major Alaska watershed from mining
The EPA's proposal could protect one of the world's largest salmon fisheries and block a plan to mine in the Alaska watershed for copper and gold.

CNBC Business
May 25, 2022

Boeing's Starliner capsule lands, completing a crucial step toward carrying NASA astronauts
Boeing landed its uncrewed Starliner spacecraft in the New Mexico desert on Wednesday, completing a crucial test flight in preparation to carry astronauts.

CNBC Business
May 25, 2022

Stocks rise after Fed signals further rate hikes, Dow jumps nearly 200 points
Stocks rose Wednesday after the minutes from the Fed's latest policy meeting showed the central bank could raise rates further than anticipated.

CNBC Business
May 25, 2022

SEC unveils rules to prevent misleading claims and enhance disclosures by ESG funds
The proposals come after the SEC in March debuted rules that would require publicly traded companies to disclose how climate change risks affect their business.

CNBC Business
May 25, 2022

McDonald's shareholders to vote on proxy fight with Carl Icahn over animal welfare practices
McDonald's shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn.

CNBC Business
May 25, 2022

S&P 500 rises after Fed minutes show the central bank could hike rates further than expected
The S&P 500 rose Wednesday after the minutes from the Fed's latest policy meeting showed the central bank could raise rates further than anticipated.

CNBC Business
May 25, 2022

Here's the best way to use a health savings account, which offers a triple-tax advantage
Health savings accounts can be a powerful way to build wealth and save for medical costs in old age, according to financial advisors.

CNBC Business
May 25, 2022

Stocks making the biggest moves midday: Dick's Sporting Goods, Nordstrom, Wendy's and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
May 25, 2022

Tom Cruise sets his sights on his first $100 million domestic opening with 'Top Gun: Maverick'
This weekend Tom Cruise has a chance to do something he's never done before — have a film open to more than $100 million at the domestic box office.

CNBC Business
May 25, 2022

Satellite-imagery firms Maxar, Planet and BlackSky awarded billions of dollars in government contracts
The National Reconnaissance Office announced contracts worth billions of dollars over the next decade to satellite-imagery companies Maxar, Planet and BlackSky.

CNBC Business
May 25, 2022

The S&P 500 is little changed ahead of Federal Reserve update
The S&P 500 was flat Wednesday as traders awaited the Federal Reserve's release of its policy meeting from earlier this month.

CNBC Business
May 25, 2022

Dick's shares rally despite lower forecast; company says outdoor hobbies will outlast pandemic
Dick's trimmed its outlook for the year amid uncertain economic conditions, but the retailer said it isn't yet seeing any dramatic shifts in its business.

CNBC Business
May 25, 2022

Capital gains may have triggered hundreds of billions more in individual taxes for 2021, analysis shows. How to trim your tax bill
Individuals paid significantly more taxes this season, and the surge in capital gains in 2021 may be to blame, according to the Penn Wharton Budget Model.

CNBC Business
May 25, 2022

Stocks rise as investors await Federal Reserve update
U.S. stocks were higher Wednesday as traders awaited the Federal Reserve's release of its policy meeting from earlier this month.

CNBC Business
May 25, 2022

Kohl's stock surges on report bidders are still competing for company amid market volatility
Kohl's shares surged on hopes that the retailer could still be bought amid a volatile market and a recent disappointing earnings report.

CNBC Business
May 25, 2022

Satellite imagery firms Maxar, Planet and BlackSky awarded 'billions of dollars' in government contracts
The National Reconnaissance Office announced contracts worth billions over the next decade to satellite imagery companies Maxar, Planet and BlackSky.

CNBC Business
May 25, 2022

Watch live: House grills FDA commissioner, Abbott executive on baby formula shortage
The House Oversight and Investigations subcommittee hearing will begin at 11 a.m.

CNBC Business
May 25, 2022

Dick's Sporting Goods cuts outlook for the year, joining broader retail trend
Dick's became the latest retailer to cut its financial forecast for the year as it contends with high inflation and supply chain problems.

CNBC Business
May 25, 2022

Stock futures fall as investors await Fed update
Stock futures fell while traders awaited the Federal Reserve's release of its policy meeting from earlier this month.

CNBC Business
May 25, 2022

Large employers face tough hurdles to provide abortion benefits if Roe is overturned
Citigroup, Salesforce, Starbucks, and Amazon said they'll provide travel benefits for employees who need to travel out of state to get an abortion.

CNBC Business
May 25, 2022

Stocks making the biggest moves premarket: Dick's Sporting, Express, Wendy's and more
These are the stocks posting the largest moves before the bell.

CNBC Business
May 25, 2022

5 things to know before the stock market opens Wednesday
U.S. stock futures fell Wednesday after the Nasdaq sank as Snap's plunge dragged tech stocks lower.

CNBC Business
May 25, 2022

Dick's Sporting Goods shares sink after retailer cuts outlook for the year, joining broader retail trend
Dick's cut its financial forecast for the fiscal year, as it contends with high inflation and supply chain problems.

CNBC Business
May 25, 2022

Pfizer CEO says he 'wouldn't worry much' about monkeypox; cuts drug prices for low-income countries
Pfizer's CEO said Wednesday that he "wouldn't worry much" about a recent monkeypox outbreak that has seen cases surge in non-endemic countries.

CNBC Business
May 25, 2022

Stock futures are flat following Tuesday's losses in the Nasdaq
Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

CNBC Business
May 25, 2022

Mortgage demand slides further, even as interest rates pull back slightly
Mortgage rates turned lower for the second straight week, according to the Mortgage Bankers Association.

CNBC Business
May 25, 2022

British government approves Boehly's £4.25 billion Chelsea takeover
Boehly is co-owner of the LA Dodgers baseball team.

CNBC Business
May 25, 2022

Stock futures nudge higher following Tuesday's losses in the Nasdaq
Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

CNBC Business
May 24, 2022

Warriors coach Steve Kerr angrily condemns senators for inaction on guns after Texas school shooting
"When are we going to do something?" Warriors head coach Steve Kerr shouted at a press conference before his team was set to take on the Dallas Mavericks.

CNBC Business
May 24, 2022

Stock futures rise following Tuesday's losses in the Nasdaq
Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

CNBC Business
May 24, 2022

Wendy's shares surge as Trian, its largest shareholder, explores potential deal
The hedge fund said it was seeking a deal to "enhance shareholder value" that could include an acquisition or merger, according to the filing.

CNBC Business
May 24, 2022

FTC launches investigation into infant formula makers over nationwide shortage
The Federal Trade Commission is launching an investigation into whether mergers in the baby formula industry contributed to the current shortage.

CNBC Business
May 24, 2022

Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters and Intuit
These are the stocks posting the largest moves in extended trading.

CNBC Business
May 24, 2022

CDC says monkeypox doesn't spread easily by air: ‘This is not Covid'
"Respiratory spread is not the predominant worry. It is contact and intimate contact in the current outbreak setting and population," a CDC official said.

CNBC Business
May 24, 2022

Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials
Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028.

CNBC Business
May 24, 2022

Nordstrom raises full-year outlook as first-quarter sales top expectations
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."

CNBC Business
May 24, 2022

U.S. bars Russia from paying bondholders through American banks, increasing default risk
Tne move is the latest punishment imposed by the Biden administration on Russia for its invasion of Ukraine.

CNBC Business
May 24, 2022

Abercrombie & Fitch shares fall 29% after retailer posts loss, offers weak outlook
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.

CNBC Business
May 24, 2022

Saudi fund in early talks to potentially buy Carnival's ultra-luxury Seabourn brand
Carnival is in preliminary discussions to sell its Seabourn luxury cruise brand to the Saudi sovereign wealth fund, sources say.

CNBC Business
May 24, 2022

Allbirds to start selling its shoes in select Nordstrom department stores
Starting June 1, a selection of Allbirds shoes, including its signature wool sneakers, will be available for sale in 14 Nordstrom locations.

CNBC Business
May 24, 2022

NFL renews its sponsorship deal with Pepsi, but without the Super Bowl halftime show
The NFL and Pepsi officially renewed their 40-year relationship, but Super Bowl halftime rights are going back on the market.

CNBC Business
May 24, 2022

What retail inventory misses and markdowns signal about the market's fight against inflation
The Walmart, Target inventory misses and markdowns could just be a signal the consumer is shifting from goods to services, or a more ominous inflation warning.

CNBC Business
May 24, 2022

NOAA forecasts a busy Atlantic hurricane season for seventh consecutive year
The Atlantic season has experienced a growing number of destructive, rapidly intensifying hurricanes over the past several decades.

CNBC Business
May 24, 2022

U.S. Navy climate plan calls to curb emissions, electrify vehicle fleet
The Navy's climate strategy directs the service to achieve a 65% reduction in greenhouse gases by 2030 and net-zero emissions by 2050.

CNBC Business
May 24, 2022

That vacation rental listing could be a scam. These are the warning signs to look out for
As summer heats up, you may be eager to book your next getaway. But before you commit to renting a property, be sure to double check it's not a scam.

CNBC Business
May 24, 2022

Jeep maker Stellantis to build $2.5 billion EV battery plant in Indiana
Stellantis plans to invest more than $2.5 billion with Samsung SDI to build the automaker's first U.S. electric vehicle battery manufacturing facility.

CNBC Business
May 24, 2022

'That is not capitalism, that is abusing the market:' Sen. Ted Cruz blasts BlackRock's Larry Fink's 'woke' ESG policies
BlackRock CEO Larry Fink has caught heat from GOP Sen. Ted Cruz over making investment decisions and votes based on climate change and other social concerns.

CNBC Business
May 24, 2022

Stocks making the biggest moves midday: Snap, Abercrombie & Fitch, Roblox and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
May 24, 2022

Abercrombie & Fitch shares fall 30% after retailer posts loss, offers weak outlook
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.

CNBC Business
May 24, 2022

Former White House press secretary Jen Psaki will join MSNBC this fall
Former White House press secretary Jen Psaki will join MSNBC this fall in time for the 2022 midterm elections, NBCUniversal confirmed.

CNBC Business
May 24, 2022

Electric vehicles are in short supply. Here's what you can find as gas prices soar
If consumers don't want to wait for a new EV, some models may be easier to find than others, according to industry data compiled by CNBC.

CNBC Business
May 24, 2022

Still missing your tax refund? You'll soon receive 5% interest — but it's taxable
If you're still waiting for a tax refund, you may receive 5% interest starting July 1, 2022, according to the IRS. Here's what else to know.

CNBC Business
May 24, 2022

Sales of newly built homes tumbled over 16% in April while prices soared
The median price of a new home sold in April was $450,600, an increase of nearly 20% from the year before.

CNBC Business
May 24, 2022

Best Buy says softer demand is sticking around, but company isn't planning for a recession
Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.

CNBC Business
May 24, 2022

Abercrombie & Fitch shares fall over 25% after retailer posts loss, offers weak outlook
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.

CNBC Business
May 24, 2022

Here's what the rich will be reading this summer: Books on leadership, Greek myths and Miyazaki
J.P. Morgan Private Bank announced its 23rd annual summer reading list, which has become the seasonal "it list" of literary status symbols.

CNBC Business
May 24, 2022

Abercrombie & Fitch shares fall over 32% after retailer posts loss, offers weak outlook
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.

CNBC Business
May 24, 2022

Best Buy sales decline, but not as much as Wall Street expected
Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.

CNBC Business
May 24, 2022

Burning gas to produce electricity is 'stupid,' the CEO of power giant Enel says
In Francesco Starace's opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.

CNBC Business
May 24, 2022

Op-ed: The housing shortage will actually benefit homebuilder stocks. Here are some companies to watch
Rumors of the homebuilding industry's weaknesses have been greatly exaggerated. The current battered condition of these stocks is actually an opportunity.

CNBC Business
May 24, 2022

Monkeypox outbreak is 'containable,' WHO says as it confirms more cases
The World Health Organization said Tuesday that a recent outbreak of monkeypox cases in non-endemic countries is "containable" even as it continues to confound health experts.

CNBC Business
May 24, 2022

5 things to know before the stock market opens Tuesday
Dow futures fell more than 200 points Tuesday, poised to give back a chunk of Monday's nearly 2% advance.

CNBC Business
May 24, 2022

Nokia CEO says 6G will be here by 2030 — but you might not access it via your smartphone
Pekka Lundmark expects 6G mobile networks to be in operation by the end of the decade but he doesn't think the smartphone will be the most "common interface."

CNBC Business
May 24, 2022

Walmart expands its drone-delivery service to reach 4 million households
The big-box retailer has been testing how drone deliveries could drive e-commerce growth and turn stores into a way to outmatch Amazon on speed.

CNBC Business
May 24, 2022

Volkswagen chief says German car giant will overtake Tesla on electric vehicle sales by 2025
Volkswagen's CEO said alleviating supply chain issues would likely help create some momentum for the German auto giant in the coming months.

CNBC Business
May 24, 2022

Chinese buyers not living in lockdown shake off electric car price hikes, Xpeng says
In a sign Chinese drivers are still willing to buy electric, start-up Xpeng said that demand for its cars has shaken off the impact of price hikes.

CNBC Business
May 23, 2022

Judge blocks auction of Judy Garland's 'Wizard of Oz' dress by Catholic University pending outcome of lawsuit
A "Wizard of Oz" dress worn by Judy Garland sold for more than $1.5 million. This lawsuit will determine who owns a second such dress worn in the classic film.

CNBC Business
May 23, 2022

SpaceX president defends Elon Musk over sexual misconduct claims: 'I believe the allegations to be false'
SpaceX President and COO Gwynne Shotwell defended Elon Musk in an email to employees responding to sexual misconduct allegations directed at the CEO.

CNBC Business
May 23, 2022

CDC officials sound alarm for gay and bisexual men as monkeypox spreads in community
Dr. John Brooks, a CDC official, emphasized that anyone can contract monkeypox through close personal contact regardless of sexual orientation.

CNBC Business
May 23, 2022

The number of billionaires soared during the pandemic. How tax proposals aim to reduce wealth inequality
As the number of billionaires has grown since the pandemic started, calls to "tax the rich" have increased. Here's how those levies may work.

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