This is why Jamie Dimon is so gloomy on the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight...
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Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet...
Summer rentals in the Hamptons are down 30%
Key PointsSummer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio...
German inflation eases to hotter-than-expected 2.1% in May
19 May 2025, Berlin: Apricots are sold at a greengrocer for 7.98 euros per kilogram. Grapes and papaya are also...
Costco tops earnings and revenue estimates as sales jump 8%, shares still dip
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin |...
American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer...
Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap said...
Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year
Non-alcoholic beers photographed for Food in Washington, DC on March 11, 2024. Scott Suchman | The Washington Post | Getty...
Jeep reveals new Cherokee SUV, confirms hybrid model
2025 Jeep Cherokee SUVStellantisDETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which...
Trump advisor Hassett is confident tariffs will prevail despite judges' ruling
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin...
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
Boeing Co. 737 Max fuselages at the company's manufacturing facility in Renton, Washington, on April 15, 2025.Bloomberg | Bloomberg |...
High school sports at PBS stations could be at risk with potential federal funding cuts
Iowa PBS covers the 2024 State Girls Softball Championships live from Fort Dodge, Iowa in July 2024.Courtesy: Iowa PBSHigh school...
Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak...
Credit default swaps are back in fashion — even if the panic might be overblown
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025,...
E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in up to $1 billion deal
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London,...
Musk says Trump's big bill undermines DOGE; president counters with political reality
Elon Musk criticized President Donald Trump's signature spending bill that recently made it through a House vote, saying it counters...
Hybrid leader Toyota targets major growth in plug-in vehicles amid industry's EV uncertainty
2023 Prius Prime on display, April 6, 2023.Scott Mlyn | CNBCPLANO, Texas — Twenty-five years after introducing many Americans to...
The U.S. now has a third of the world's millionaires and billionaires
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the...
Auto giant Stellantis appoints Antonio Filosa as new CEO
Stellantis North America Chief Operating Officer and former Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the...
Abercrombie & Fitch soars 27% even as retailer slashes profit outlook due to tariffs
Shares of Abercrombie & Fitch soared on Wednesday, even after the retailer slashed its profit outlook due to tariffs, which...
