Business

Merchandise is displayed on a shelf at the Times Square Disney store on May 6, 2026 in New York City. Michael M. Santiago | Getty Images Disney reports quarterly earnings before the bell on Wednesday, and investors will be focused on the direction of the company’s streaming and theme parks business — as well as

Michael Burry attends “The Big Short” New York premiere at the Ziegfeld Theater in New York, Nov. 23, 2015. Andrew Toth | Filmmagic | Getty Images Michael Burry of “The Big Short” fame is sticking with his bearish wagers even as the S&P 500 surges to a record high, warning that the rally could still

Procter & Gamble is buying supplement brand Thorne for $3.8 billion, CEO Shailesh Jejurikar said on CNBC’s “Squawk on the Street.” The acquisition, which is set to be announced Tuesday, is a bid for P&G to grow its health and wellness division. The consumer goods giant already owns several other supplements brands, like Metamucil, Align

Nikolas Kokovlis | Nurphoto | Getty Images Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant’s push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers. Under the deal, Visa will get BioCatch’s behavioral biometrics platform, which analyzes data

LAFC Co-Managing Owner Larry Berg celebrates win over Sporting Kansas City in the finals of the 2024 Lamar Hunt U. S. Open Cup at BMO Stadium on September 25, 2024 in Los Angeles, California. Shaun Clark | ISI Photos | USSF | Getty Images Larry Berg has been named the next commissioner of Major League

California is home to the highest fuel prices in the U.S. as well as the busiest containership port complex in the nation. So as the Iran war enters its sixth month and petroleum-product prices remain elevated, consumers across the U.S. could be hit with higher prices for a host of everyday products.  Nearly one-third of

Signage at a Jersey Mike’s restaurant in Washington, July 20, 2026. Graeme Sloan | Bloomberg | Getty Images Five years after the initial public offering boom of 2021, public markets look a lot different as more companies are choosing to stay private for longer. In 2021, public markets saw a multitude of companies join the

Bond market investors may want to shift their focus toward the front of the yield curve, according to Allspring Global Investments’ Noah Wise. The bottom line: Focus exposure on short-term Treasurys over long duration. Wise, the firm’s head of global macro strategy and a senior portfolio manager, sees the strategy as part of a diversified

Wherever volatile fuel prices head this year, don’t expect bargain flights. Airfare in the U.S. in June was up 26.5% compared with a year earlier, according to the latest federal data. Airline leaders say customers continue to book even after carriers hiked fares. They told Wall Street analysts this month that they’re expecting to hold

Goldman Sachs ‘ dealmaking prowess may grab all the glory, but the biggest driver of growth last quarter came from the daily-grind of equities trading. Sure, Goldman and the other top Wall Street banks were able to cash in on all the market volatility lately. Many are even on track for their best year ever

Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO Jason Bonfig, who spoke exclusively with CNBC about his strategy for the company. The company has been struggling with slumping sales over the past few years, which it has attributed to lower consumer confidence, less

Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in the world who saw the future clearly. In a sprawling, 165-page essay that became required reading in Silicon Valley, the former OpenAI researcher positioned himself as a kind of prophet for the coming age of artificial super

Tom Holland stars as Peter Parker, aka Spider-Man in Sony and Marvel’s “Spider-Man: Brand New Day.” Sony Spider-Man is already webbing up a massive box-office haul. Sony and Marvel’s “Spider-Man: Brand New Day” secured $72 million in preview ticket sales, the highest collection for any domestic film in Hollywood history. The previous record holder was

Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024. Smith Collection/ gado | Archive Photos | Getty Images Clear Street, the prime brokerage startup that recently shelved plans for its own IPO, is now aiming to give investors access to some of Silicon Valley’s hottest private companies before they

GM began rolling out Google’s Gemini in eligible model year 2022 and newer Cadillac, Chevrolet, Buick and GMC vehicles in the U.S. earlier this year with Google Built‑in. Courtesy GM DETROIT — General Motors plans to launch its own in-vehicle artificial intelligence system that’s better tailored for its customers later this year. The new GM

China Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, U.S., May 12, 2025. Carlos Barria | Reuters BEIJING — One of the Chinese economy’s few growth drivers lost steam in July, according to the latest survey of businesses by China Beige Book.

Rivian Automotive reduced its 2026 spending plans and slightly narrowed its previously forecast losses this year as the company reported second-quarter results Thursday. The revised guidance now includes adjusted losses between $1.8 billion and $2 billion, down from $1.8 billion to $2.1 billion, and capital expenditures of $1.7 billion to $1.8 billion, down from $1.95 billion

A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29, 2026. Michael Nagle | Bloomberg | Getty Images Economists and investors got their latest look at