Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a...
Breaking News: Business
Hemi V-8 engines and mechanical bull rides: Inside Stellantis' plan to revive its Ram Trucks brand after yearslong sales declines
Stellantis' Ram display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCAUBURN HILLS,...
How the stock market made it back to a new record — even with so much still to worry about
Traders work on the floor at the New York Stock Exchange on June 23, 2025.Brendan McDermid | ReutersAn aggressive trade...
Nike will report earnings after the bell. Here's what Wall Street expects
A shopper walks past a Nike store, as global markets brace for a hit to trade and growth caused by...
Pixar's 'Elio' is emblematic of a bigger headwind for Hollywood
A still from Disney and Pixar's animated film "Elio."DisneyDisney's Pixar animation studio had its worst opening ever over the weekend...
Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street 'alarmed' and 'depressed'
To say Wall Street isn't a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders...
Southwest airport lounges? CEO says carrier is open to even more high-end changes
A Southwest Airlines Boeing 737 MAX8 departs from San Diego International Airport to Chicago on March 4, 2025 in San...
Women's Tennis Association extends media rights deal with Tennis Channel through 2032
Coco Gauff of the United States lifts the winners trophy after her victory against Aryna Sabalenka in the Final of...
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
A FedEx truck on Cyber Monday in San Francisco, California, US, on Monday, Dec. 2, 2024. David Paul Morris | Bloomberg...
Carnival shares pop on earnings beat and raised full-year outlook
Carnival shares climbed roughly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance.According...
Back-to-school spending persists despite economic pressure, consumer survey says
A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the...
Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base
Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24.Courtesy: Flightradar24Airlines diverted more flights in the Middle East...
Jeremy Siegel says investors are viewing the U.S. bombings as 'a success to neutralize Iran'
The market's muted reaction to the U.S.' attacks at Iranian sites showed investors view the action as "a success to...
New Stellantis CEO faces slew of challenges, vows to avoid 'mediocrity'
Incoming Stellantis CEO Antonio Filosa, head of the company's Americas operations, greets a Windsor Assembly Plant employee during an event...
Kroger's shares rise as grocer says shoppers seek lower prices, cook more at home
Shares of Kroger rose about 10% on Friday as the supermarket operator raised its full-year sales outlook and said it's...
Nike pushes back Skims launch with Kim Kardashian due to production delays
NikeSKIMS, a new brand from Nike Inc. and SKIMS.Courtesy: NikeSKIMSKim Kardashian fans are going to have to wait a little...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of...
RFK Jr.'s new vaccine advisors will vote on flu shots containing mercury
Health and Human Services Secretary Robert F. Kennedy Jr. and Secretary of Education Linda McMahon attend a Make America Healthy...
Stellantis' Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan
Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCDETROIT...
Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Higher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation's...
