Posts by CNBC (old posts, page 56)
The English Premier League and Microsoft announced a new partnership that infuses AI into the league's app, website and fantasy sports platform.
Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds
Luxury spending decreased less than feared in May, but it's too early to say that upper-income consumers have reached a turning point.
Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros
Home Depot is trying to attract more sales from contractors and other home professionals.
NASA plans to stream rocket launches on Netflix starting this summer
NASA+ will begin streaming on Netflix this summer.
WNBA announces three new teams in Cleveland, Detroit and Philadelphia
The new WNBA franchises will grow the league to 18 teams over the next few years.
Moderna's flu vaccine shows positive late-stage trial results, paving way for combination Covid shot
The phase three study data clears the path forward for Moderna's combination jab targeting Covid-19 and influenza.
Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon
Nike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence that upside is ahead.
Hemi V-8 engines and mechanical bull rides: Inside Stellantis' plan to revive its Ram Trucks brand after yearslong sales declines
Ram CEO Tim Kuniskis' turnaround plan for Stellantis' truck brand includes the return of Hemi V-8 engines, mechanical bulls and many other untraditional plans.
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Here's how the luxury real estate market is splitting up
Here's how the luxury real estate market is splitting up