Macy’s cuts profit outlook as tariffs, promotions hit its business
Macy's cut its full-year profit guidance on Wednesday even as it beat Wall Street's quarterly earnings expectations.In a news release,...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Movie theater stocks soar after record-breaking Memorial Day box office
Still from Disney's newest live-action remake "Lilo & Stitch."DisneyShares of movie theater companies soared on Tuesday following a record-breaking Memorial...
Trump hails 'positive' step in U.S.-EU trade negotiations as markets hope for a deal
U.S. President Donald Trump gestures at the annual National Memorial Day Observance in the Memorial Amphitheater, at Arlington National Cemetery...
Consumer confidence for May was much stronger than expected on optimism for trade deals
Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to...
JPMorgan Chase is heading upmarket to woo America’s millionaires
A living space in the new J.P. Morgan financial center branch format in Palm Beach.Courtesy: JP MorganJPMorgan Chase thinks it...
How the tycoons behind Kind Bars, Hot Pockets and other snacks diversify their fortunes
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the...
Trump clears Nippon merger with U.S. Steel
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024.Justin...
United Airlines reaches 'industry-leading' labor deal with flight attendants, union says
United Airline flight attendants picketed outside Terminal B at Logan Airport Thursday morning seeking a new contract.John Tlumacki | Boston...
Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes
Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of...
How UnitedHealthcare became the face of America's health insurance frustrations
Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024.Stephen Maturen | Getty...
Personal finance app Monarch raises $75 million despite 'nuclear winter' for fintech startups
Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino.Courtesy: MonarchThe personal finance startup Monarch has raised $75 million...
Insurers brace for impact as NOAA predicts above-average hurricane season
John Cangialosi, Senior Hurricane Specialist at the National Hurricane Center, inspects a satellite image of Hurricane Beryl, the first hurricane...
Universal leans into theme parks with multibillion-dollar Epic Universe, even as economic uncertainty looms
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025.Thomas Simonetti |...
April home sales dropped to the slowest pace for that month since 2009
A "Sale" sign in front of a home in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard |...
Picklr, the world's largest pickleball franchise, to open 20 clubs in Japan
The Picklr facility in Salt Lake City, UtahPacklrThe world's largest pickleball franchise is coming to Japan.The Picklr, a network of...
Family offices bet on the U.S. and stocks for 2025, UBS finds
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the...
Cigna announces new deal for copay caps on Eli Lilly and Novo Nordisk weight loss drugs
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty ImagesOnly...
Nike will raise prices on a wide range of products as soon as this week
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and...
Canada Goose shares soar nearly 20% as company beats estimates, pulls full-year guidance
Shares of Canada Goose rose nearly 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts' estimates,...
Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback
Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs, and backlash...
