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   NEWS: CNBC BUSINESS
CNBC Business
Aug 29, 2025

Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year
Spirit Airlines filed for bankruptcy protection again, just months after the budget carrier came out of Chapter 11 protection earlier this year.

CNBC Business
Aug 29, 2025

Inaugural Essence HBCU Classic football game to kick off Saturday in Boston
The inaugural match-up is between with the Morehouse College Maroon Tigers and the Johnson C. Smith University Golden Bulls at Harvard Stadium on Saturday.

CNBC Business
Aug 29, 2025

Trophy-property ranches hit the market as more heirs choose to sell
Massive ranches are commanding eight-figure price tags after hitting the market for the first time in decades or generations.

CNBC Business
Aug 29, 2025

Americans expected to bet record $30 billion on the 2025 NFL season legally
The record legal gambling comes as prosecutors are starting to crack down on unlicensed sportsbooks.

CNBC Business
Aug 29, 2025

Retail panic: What the end of the 'de minimis' exemption means for brands across the globe
The de minimis exemption, an obscure trade law provision, came to an end globally on Friday, setting off a panic across the retail industry.

CNBC Business
Aug 29, 2025

Trophy-property ranches hit the market as more heirs chose to sell
Massive ranches are commanding eight-figure price tags after hitting the market for the first time in decades or generations.

CNBC Business
Aug 28, 2025

White House says Trump has fired CDC Director Susan Monarez, names temporary replacement
The White House said President Donald Trump has fired Centers for Disease Control and Prevention Director Susan Monarez after she refused to resign.

CNBC Business
Aug 28, 2025

Gap stock falls as retailer misses sales expectations, warns tariffs will impact profits
Gap posted mixed fiscal second quarter results, beating on earnings per share but missing on revenue after Athleta saw sales decline 11%.

CNBC Business
Aug 28, 2025

Ulta Beauty raises full-year forecast after reporting growth in all major categories
Beauty has remained a hot category for consumers, even as they pull back or watch their spending in other discretionary categories.

CNBC Business
Aug 28, 2025

Gap stock falls as retailer misses sales expectations, driven by decline at Athleta
Gap posted mixed fiscal second quarter results, beating on earnings per share but missing on revenue after Athleta saw sales decline 11%.

CNBC Business
Aug 28, 2025

The vaccine and public health debate at the center of CDC upheaval, explained
The White House on Thursday said President Donald Trump had fired CDC Director Susan Monarez after she refused to resign.

CNBC Business
Aug 28, 2025

White House says Trump has fired CDC Director Susan Monarez, will name replacement soon
It comes hours after Monarez's lawyers said she would remain in the role because she is a presidential appointee and only Trump can fire her.

CNBC Business
Aug 28, 2025

Nike to lay off about 1% of corporate staff in its latest effort to refocus the business
Nike is laying off less than 1% of its corporate staff as part of its efforts to realign how its teams are structured across the business.

CNBC Business
Aug 28, 2025

Pending home sales tick lower in July as canceled contracts spike
Redfin found 15% of contracts were canceled in July, the highest rate since it began tracking the metric in 2017.

CNBC Business
Aug 28, 2025

Lawyers for Susan Monarez say 'she remains as CDC Director', only Trump has power to 'fire her'
The statement came hours after the White House said it had fired Monarez after she refused to resign.

CNBC Business
Aug 28, 2025

Best Buy reports modest sales recovery, but says tariffs are complicating its turnaround
Best Buy surpassed revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty.

CNBC Business
Aug 28, 2025

Dick's Sporting Goods raises guidance after second-quarter earnings beat
Dick's Sporting Goods beat Wall Street's expectations on the top and bottom lines, leading it to raise its full year profit and sales guidance.

CNBC Business
Aug 28, 2025

Amtrak is launching its faster NextGen Acela with better amenities after years of delays. Here's what you need to know
Amtrak is introducing five of its 28 planned new NextGen Acela trains on Thursday, signaling the next step of America's attempt at high-speed rail.

CNBC Business
Aug 27, 2025

White House fires CDC director Monarez after she refuses to resign; 4 top health officials quit
Susan Monarez, a longtime federal government scientist, was sworn in on July 31.

CNBC Business
Aug 27, 2025

CDC Director Susan Monarez ousted, four other leaders quit health agency
Susan Monarez, a longtime federal government scientist, was sworn in on July 31.

CNBC Business
Aug 27, 2025

Kohl's shares jump 24% after big earnings beat
Kohl's beat on earnings and revenue as it tries to turn around sales and find a new CEO.

CNBC Business
Aug 27, 2025

FDA approves new Covid shots with limits on who can get them under RFK Jr.
It's unclear how easily patients without high risk factors will be able to get a Covid shot, and whether insurance plans will still cover them.

CNBC Business
Aug 27, 2025

Abercrombie sales growth slows again, but retailer hikes revenue outlook as Hollister surges
Abercrombie & Fitch's namesake brand is struggling to lap the massive growth it saw in prior quarters. Its teen-focused Hollister brand is now fueling sales.

CNBC Business
Aug 27, 2025

American Eagle shares rise on partnership with Travis Kelce, fresh off his engagement to Taylor Swift
Shares of American Eagle rose Wednesday after NFL star Travis Kelce announced a partnership, just a day after he proposed to Taylor Swift.

CNBC Business
Aug 27, 2025

American Eagle shares rise on retailer's Travis Kelce partnership
Shares of American Eagle rose Wednesday after NFL star Travis Kelce announced a partnership, just a day after he proposed to Taylor Swift.

CNBC Business
Aug 27, 2025

Cracker Barrel shares rise after restaurant chain gets rid of controversial new logo
Shares of Cracker Barrel rose 4% after the restaurant said it would scrap its new logo, amid criticism from social media users and even President Trump.

CNBC Business
Aug 27, 2025

Abercrombie sales growth slows again, but Hollister surges 19%
Abercrombie & Fitch's namesake brand is struggling to lap the massive growth it saw in prior quarters. Its teen-focused Hollister brand is now fueling sales.

CNBC Business
Aug 27, 2025

Kohl's shares jump more than 20% after big earnings beat
Kohl's beat on earnings and revenue as it tries to turn around sales and find a new CEO.

CNBC Business
Aug 27, 2025

An indicator of commercial real estate transaction volume just improved for the first time this year
JLL's Bid Intensity Index measures bidding activity in order to give a real-time view of liquidity and competitiveness in private real estate capital markets.

CNBC Business
Aug 27, 2025

Lego hits record revenue in first half of 2025, boosted by brick flowers and cars
Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year.

CNBC Business
Aug 26, 2025

Trump administration pulls additional $175 million from California high-speed rail project
Transportation Secretary Sean Duffy announced he was withdrawing an additional $175 million from California's high-speed rail project.

CNBC Business
Aug 26, 2025

Student housing CEO says luxury is losing its appeal
Rent growth in the student housing sector slowed to just 0.9% in July across 200 schools surveyed by Yardi.

CNBC Business
Aug 26, 2025

Lamborghini CEO says tariffs are causing even the wealthiest buyers to pause
With the price of a Lamborghini starting at $400,000, many buyers are choosing to wait for more stable tariff rates before buying, CEO Stephan Winkelmann said.

CNBC Business
Aug 26, 2025

Frontier Airlines goes after struggling rival Spirit's customers with 20 new routes
Frontier Airlines has gotten more aggressive for Spirit customers as its rival is on shakier financial footing.

CNBC Business
Aug 26, 2025

Tennis legend Billie Jean King sees progress, opportunity in women's sports and leveling the playing field
Tennis legend Billie Jean King sat down with CNBC's Alex Sherman for a wide-ranging interview on the state of women's sports and uniting tennis across sexes.

CNBC Business
Aug 26, 2025

Eli Lilly's weight loss pill orforglipron clears its latest trial, paving way for approval
Eli Lilly now has the clinical trial data required to start filing for approvals of the drug for chronic weight management with global regulators.

CNBC Business
Aug 25, 2025

Cracker Barrel responds to backlash over new logo and rebranding: 'We could've done a better job'
Cracker Barrel Old Country Store on Monday issued a statement responding to the backlash it faced last week over its rebranding and new logo.

CNBC Business
Aug 25, 2025

Keurig Dr Pepper to buy Dutch coffee company JDE Peet's in $18 billion deal; KDP stock falls 11%
After its planned acquisition of Dutch coffee company JDE Peet's, Keurig Dr Pepper will split its beverage and coffee units into two separate U.S.-listed firms.

CNBC Business
Aug 25, 2025

Netflix's 'KPop Demon Hunters' seemingly smashed the box office. Here's why it's likely a one-off
Netflix capitalized on its chart-topping "KPop Demon Hunters" over the weekend with a two-day theatrical release of its new sing-along version.

CNBC Business
Aug 25, 2025

European carriers pause some shipments to U.S. as they prepare for end of 'de minimis' exemption
Carriers across western Europe are suspending shipments to the U.S. so they can prepare for the end of the de minimis exemption and new requirements.

CNBC Business
Aug 25, 2025

The secret to Labubus' success? China's 'blind box' craze
Mania over "blind box" shopping is catching on across the Chinese economy with everyone from travel agents to supermarkets offering their own versions.

CNBC Business
Aug 25, 2025

Kevin O'Leary says he bought Bryant-Jordan card for record-breaking $13 million at auction
Canadian investor Kevin O'Leary told CNBC he was one of the buyers of the record-breaking Kobe Bryant and Michael Jordan signed sports card.

CNBC Business
Aug 25, 2025

Keurig Dr Pepper to buy Dutch coffee company JDE Peet's in $18 billion deal; KDP stock falls 8%
After its planned acquisition of Dutch coffee company JDE Peet's, Keurig Dr Pepper will split its beverage and coffee units into two separate U.S.-listed firms.

CNBC Business
Aug 24, 2025

Eli Lilly's obesity pill remains a viable rival to Novo's oral Wegovy despite data that underwhelmed investors
Eli Lilly's orforglipron could have a few advantages over a pill from Novo Nordisk, including a lack of dietary restrictions and easier manufacturing.

CNBC Business
Aug 23, 2025

What wealthy parents need to know about giving real estate to their kids
Lawyers to the rich share tips on how to pass down homes without sibling drama and a massive tax bill.

CNBC Business
Aug 22, 2025

Trump says furniture tariffs are coming later this year
Stocks for some furniture and home goods companies, including Wayfair, RH and Williams-Sonoma, tumbled after the market close, following Trump's post.

CNBC Business
Aug 22, 2025

Higher tariffs are kicking in. Here's what Walmart and other retailers said about their impact
Consumer spending has largely stayed strong so far and the pinch from higher duties hasn't been as severe as some companies had feared.

CNBC Business
Aug 22, 2025

Canada drops many of its retaliatory tariffs on the U.S.
Canada announced Friday it was dropping many of its retaliatory tariffs on U.S. goods, though the 25% counter-tariff on autos, steel and aluminum remains.

CNBC Business
Aug 22, 2025

The summer box office sizzled, but brace for a cooldown until November
"Superman," "Lilo & Stitch" and "Fantastic Four" helped propel the summer box office haul above 2024 levels, but ticket sale momentum is about to stall.

CNBC Business
Aug 22, 2025

Tariffs aren't dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways
Consumer spending has largely stayed strong so far and the pinch from higher duties hasn't been as severe as some companies had feared.

CNBC Business
Aug 22, 2025

John Deere faces a crossroads amid decreasing demand, increasing investments
John Deere has reported significant hits from weaker agricultural demand, but Wall Street still sees optimism for the company's road ahead.

CNBC Business
Aug 22, 2025

Cracker Barrel faces social media pushback on new logo, brand refresh
Shares of Cracker Barrel dropped roughly 7% on Thursday after the restaurant unveiled its new logo earlier this week as part of a larger brand refresh.

CNBC Business
Aug 22, 2025

Beekeeping, boxing and budgets: Meet the finance chief who's about to lead WBD's networks offshoot
Gunnar Wiedenfels is the chief financial officer of Warner Bros. Discovery and the CEO-elect of Discovery Global, one half of the soon-to-be-split company.

CNBC Business
Aug 21, 2025

Stellantis unveils new Jeep Cherokee as brand tries to shake off sales declines
Jeep and Stellantis unveiled a new Jeep Cherokee on Thursday in a bid to reinvigorate the company's sales.

CNBC Business
Aug 21, 2025

Chipotle teams up with Zipline to test drone food delivery
Chipotle said it could consider expanding the drone delivery test with Zipline based on how the Dallas area rollout performs.

CNBC Business
Aug 21, 2025

A new pharma factory shows how hard it could be for drugmakers to outrun Trump's tariffs
Drugmakers are investing more in U.S. manufacturing as President Donald Trump threatens tariffs, but facilities can take years to build.

CNBC Business
Aug 21, 2025

Cracker Barrel shares plummet after pushback on new logo, brand refresh
Shares of Cracker Barrel plunged roughly 10% on Thursday after the restaurant unveiled its new logo earlier this week as part of a larger brand refresh.

CNBC Business
Aug 21, 2025

July home sales rise as prices approach inflection point
Inventory of existing homes is now at the highest level since May 2020 — and it's clearly taking the pressure off prices.

CNBC Business
Aug 21, 2025

How billionaire family offices bet on stocks during tariff turmoil
Private investment firms of Leon Cooperman and other finance billionaires disclosed surprising stock moves.

CNBC Business
Aug 21, 2025

Fix-and-flip real estate investors are pulling back
Just 30% of flippers reported "good" sales in the second quarter of this year compared to the seasonal norm, down from 38% in the same quarter of 2024.

CNBC Business
Aug 21, 2025

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy
Spirit Airlines raised doubts last week that it could survive a year without more cash.

CNBC Business
Aug 21, 2025

Chipotle teams up with Zipline to test drone delivery
Chipotle said it could consider expanding the drone delivery test with Zipline based on how the Dallas area rollout performs.

CNBC Business
Aug 21, 2025

Walmart hikes sales and earnings outlook even as it says tariff costs are rising
Walmart said it has raised prices for some items but kept others unchanged as tariff costs rise.

CNBC Business
Aug 21, 2025

Disney's new ESPN flagship streaming app launches Thursday. Here's what we know
The app will offer two subscription plans and grant access to ESPN's full content slate outside of the traditional TV bundle for the first time.

CNBC Business
Aug 21, 2025

Starbucks expands test of coconut water beverages as it leans into health and wellness
Starbucks is expanding its offering of Coco Matcha and Coco Cold Brew as it tries to kick-start sales with menu innovation.

CNBC Business
Aug 21, 2025

Walmart will report earnings before the bell. Here's what to expect
The big-box retailer warned in May that it would have to raise prices because of higher tariffs.

CNBC Business
Aug 20, 2025

As Target chases a comeback, its new CEO must take on skeptical investors and customers
The 20-year Target veteran will soon lead the company's efforts to make a comeback.

CNBC Business
Aug 20, 2025

Claire's sells most of its North American business after filing for bankruptcy protection
Claire's announced Wednesday it is selling most of its North American business in an effort to stave off liquidation after filing for bankruptcy protection.

CNBC Business
Aug 20, 2025

How hurricane resilience for commercial real estate is leveraging drones and AI
Site Technologies employs drones to help CRE facilities managers see where the vulnerabilities are in their properties and address them before storms hit.

CNBC Business
Aug 20, 2025

Target shares tumble 9% as retailer picks new CEO, says sales fell again
Investors are looking for signs that the struggling big-box retailer Target is getting back on track.

CNBC Business
Aug 20, 2025

Microsoft and NFL announce multiyear partnership to use AI to enhance game day analysis
Microsoft and the NFL announced a multiyear extension of their partnership to bring real-time analysis to the sidelines using Microsoft Copilot and Azure AI.

CNBC Business
Aug 20, 2025

Target shares tumble 10% as retailer picks new CEO, says sales fell again
Investors are looking for signs that the struggling big-box retailer Target is getting back on track.

CNBC Business
Aug 20, 2025

Claire's sells most of its North American business after filing for bankruptcy
Claire's announced Wednesday that it is selling most of its North American business in an effort to stave off liquidation after filing for bankruptcy.

CNBC Business
Aug 20, 2025

TJ Maxx parent company TJX beats earnings expectations, raises full-year guidance despite tariff pressure
TJX Cos. reported earnings and revenue that beat estimates and raised its full-year guidance, as the discounter said it can offset pressure from tariffs.

CNBC Business
Aug 20, 2025

Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
Fiddelke will take over as Target CEO as the big-box retailer tries to win back both customers and investors after roughly four years of stagnant sales.

CNBC Business
Aug 20, 2025

Hertz to sell used vehicles online through Amazon Autos partnership
Hertz will start selling pre-owned cars on Amazon Autos, a move meant to bolster the car rental company's retail business as it looks to bring in more profits.

CNBC Business
Aug 20, 2025

Lowe's beats on quarterly earnings, buys home pros business for $8.8 billion
The retailer has tried to attract more home professionals as a way to drive higher sales.

CNBC Business
Aug 20, 2025

Target shares tumble as retailer picks new CEO, says sales fell again
Investors are looking for signs that the struggling big-box retailer Target is getting back on track.

CNBC Business
Aug 20, 2025

Alaska Airlines launches $395 credit card in premium travel race, combines loyalty program with Hawaiian
Alaska will join other airlines in raising the requirements to earn elite status.

CNBC Business
Aug 20, 2025

FDA approves first-ever glucose monitoring system for weight loss from Signos
Any patient can access Signos' system, which uses an AI platform and an off-the-shelf continuous glucose monitor, or CGM, from Dexcom.

CNBC Business
Aug 20, 2025

Target will report earnings before the bell. Here's what to expect
Investors are looking for signs that the struggling big-box retailer is getting back on track.

CNBC Business
Aug 19, 2025

Home Depot stock rises 3% as retailer maintains full-year forecast
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

From sweet treats to protein boosts, chains are banking on beverages to drive sales
Chains like McDonald's, Starbucks and Dutch Bros are banking on new beverages to drive sales, particularly from Gen Z consumers.

CNBC Business
Aug 19, 2025

'Stranger Things' creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance
The Duffer Brothers signed an exclusive four-year agreement with Paramount Skydance for feature films, television and streaming projects.

CNBC Business
Aug 19, 2025

The senior living market can't keep up with demand as boomers age
More than 4 million boomers will hit 80 in the next five years, and occupancy at both active adult and assisted living communities is already rising fast.

CNBC Business
Aug 19, 2025

Robinhood launches NFL and college football prediction markets
Robinhood announced Tuesday that it is launching prediction markets for professional and college-level football, its latest move into the sports betting arena.

CNBC Business
Aug 19, 2025

Home Depot stock rises 4% as retailer maintains full-year forecast
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

Viking Therapeutics shares fall 40% on disappointing obesity pill trial data
The results could reinforce Eli Lilly and Novo Nordisk's dominance in the booming market for weight loss and diabetes drugs.

CNBC Business
Aug 19, 2025

Home Depot stock rises 2% as retailer maintains full-year forecast
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

Home Depot maintains full-year forecast even as it misses on earnings for second straight quarter
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

Best Buy launches third-party marketplace as it looks for sales drivers
It joins other retailers that are using third-party sellers to expand their assortment, drive higher profits and attract advertising dollars.

CNBC Business
Aug 18, 2025

California legislature passes bill that gives interest on insurance payouts to homeowners
The bill, which would apply to both existing insurance payouts and to any new escrow accounts, heads to Gov. Gavin Newsom's desk for his signature.

CNBC Business
Aug 18, 2025

How retail accounting could distort profitability as tariffs take effect
As Home Depot, Target and Walmart prepare to report earnings, retail inventory method accounting could change how tariffs affect their profitability.

CNBC Business
Aug 18, 2025

Versant to rename MSNBC, drop famed peacock logos in Comcast separation
They're the first real public-facing changes in Versant's upcoming separation from Comcast's NBCUniversal.

CNBC Business
Aug 18, 2025

Novo Nordisk offers diabetes drug Ozempic for less than half the price for cash-paying U.S. patients
Patients can pay $499 in cash per month for three dose sizes of Ozempic through the company's direct-to-consumer pharmacy and GoodRx, among other platforms.

CNBC Business
Aug 18, 2025

When 'invest like the 1%' fails: How Yieldstreet's real estate bets left customers with massive losses
Customers of the private markets startup Yieldstreet said they face huge losses on real estate investments that turned out to be far riskier than they thought.

CNBC Business
Aug 15, 2025

Insurance firm Gallagher taps pro athletes for summer internships, preparing them for life off the field
In six-week internships, athletes gain business experience, professional skills and career mentorship, while also learning the ins and outs of insurance.

CNBC Business
Aug 15, 2025

AI is moving into the apartment market, taking over work orders, lease renewals, showings and more
Work orders, lease renewals, tours and even investor due diligence are being taken over by software and AI.

CNBC Business
Aug 15, 2025

Summer travel isn't as easy as it used to be for airlines
Airlines are seeing an earlier drop-off in summer travel as children return to school earlier.

CNBC Business
Aug 15, 2025

Family offices flock to private markets with allocations surging over 500% in nearly a decade
Private investment firms of the wealthy are doubling down on alternatives like private credit and infrastructure, per Preqin.

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