Posts by CNBC (old posts, page 27)
JPMorgan sees this action cutting billions from American's spendable cash pile each month.
Cable companies Charter and Cox agree to merge
Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to merge.
How NFL quarterback Lamar Jackson is leveraging his horse racing team to build up Baltimore
Jackson said he has no immediate plans to take ownership in other sports teams. Instead, he hopes to bring new opportunities to the young people of Baltimore.
Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown
Cartier owner Richemont on Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.
Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike
High earners would get a series of tax cuts in the latest House plans, yet many could also be subject to a tax hike that could limit their charitable giving.
CoreWeave CEO defends capex plans, says company is meeting 'demand signals' from major hyperscalers
The renter of Nvidia-powered AI servers said it expects capex of $20 billion to $23 billion for the year.
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Other restaurant companies have reported same-store sales declines and falling traffic as consumers have pulled back their restaurant spending.
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Other restaurant companies have reported same-store sales declines and falling traffic as consumers have pulled back their restaurant spending.
Alibaba shares drop more than 7% on big profit miss
Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.
Walmart says it will hike some prices due to tariffs. Here’s what that means for shoppers
Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the retailer.