Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist
In the face of blistering criticism from President Donald Trump, Goldman Sachs economist David Mericle on Wednesday stood by a...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Stocks making the biggest moves midday: Paramount Skydance, Cava, Capri, SailPoint and more
Check out the companies making the biggest moves midday: Paramount Skydance — The media giant popped more than 31%, putting...
Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report
David Zervos, JefferiesScott Mlyn | CNBCThe chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve...
Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | AFP | Getty ImagesAs...
Stocks making the biggest moves premarket: Cava, CoreWeave, Brinker, Hanesbrands and more
Check out the companies making headlines in premarket trading. Cava — The fast-casual restaurant chain plunged 23.6% after revenue came...
Mediterranean chain Cava lowers forecast after disappointing same-store sales growth
Customers arrive at a Cava restaurant in New York City on June 22, 2023.Brendan Mcdermid | ReutersCava on Tuesday lowered...
Fed board contenders Miran, Bullard say Trump's tariffs are not causing inflation
Marlo Ramirez carries slabs of beef to be prepared for a customer in a grocery store on July 22, 2025...
SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites
Jaque Silva | Lightrocket | Getty ImagesSatellite designer AST SpaceMobile said it's preparing to deploy nearly five dozen satellites to...
Quantum computing could be commercial real estate’s next big tailwind
Parts of the IBM Quantum System Two are displayed at IBM Thomas J. Watson Research Center on June 6, 2025...
Stocks making the biggest moves midday: Hanesbrands, Mercury Systems, Sonos, Intel and more
Check out the companies making the biggest moves midday: AST SpaceMobile — The satellite company soared 11% after it said...
BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
Rick Rieder, BlackRock's chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from...
Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald...
Stocks making the biggest moves premarket: Hanesbrands, On Holding, Circle, BigBear.ai and more
Check out the companies making headlines before the bell: Hanesbrands , Gildan Activewear — The T-shirt maker surged more than...
Aaron Rodgers-backed startup aims to be the IMDb for pro athletes
Aaron Rodgers, #8 of the Pittsburgh Steelers, in action during Minicamp at UPMC Rooney Sports Complex in Pittsburgh, Pennsylvania, on...
Swiss sneaker company On beats sales estimates, raises guidance despite Vietnam tariffs
On Running shoes at On's headquarters in in Zurich, Switzerland.CNBCOn sales rose 32% in the Swiss sportswear company's second quarter,...
Sinclair is exploring merger options for its broadcast business
Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Andrew Harrer | Bloomberg | Getty ImagesSinclair,...
ESPN, Fox to bundle upcoming streaming services for $39.99 a month
Philadelphia Eagles wide receiver DeVonta Smith, #6, scores a touchdown during Super Bowl LIX between the Philadelphia Eagles and the...
Stocks making the biggest moves midday: E.l.f. Beauty, Tegna, C3.ai, CoreWeave and more
Check out the companies making the biggest moves midday: E.l.f. Beauty — Morgan Stanley upgraded the beauty brand to overweight...
Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs
Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more...
Paramount buys UFC rights in $7.7 billion, 7-year deal in first major move post-Skydance merger
Days after completing its merger with Skydance, Paramount has acquired the U.S. rights to TKO Group's UFC for seven years,...
