Business

A customer shops for cilantro at a Walmart Supercenter on July 23, 2026, in Austin, Texas. Brandon Bell | Getty Images The nation’s largest multistate outbreak of cyclosporiasis linked to shredded iceberg lettuce has expanded to nine states, the Centers for Disease Control and Prevention said Friday. The four newly linked states — Illinois, Kansas,

Samuel Boivin | Nurphoto | Getty Images Elon Musk warned that investors betting against SpaceX have little chance of survival — even as short sellers boosted their wagers against the company to about one-third of its publicly tradable shares ahead of several key catalysts. About 206 million SpaceX shares are now sold short, representing roughly

Jakub Porzycki | Nurphoto | Getty Images Paramount Skydance has agreed to delay its proposed acquisition of Warner Bros. Discovery to as late as June 2027 — a multi-month delay that will ultimately raise the deal price — as the tie-up faces a legal challenge. Last week, a group of state attorneys general led by

Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to J.P. Morgan Asset Management. The firm’s “Guide to ETFs,” which came out this month, finds it’s a top five theme by assets under management — even as volatility hit the group in the second quarter. “Many [themes] are morphing

A FedEx worker walks past his truck in the North Beach neighborhood on June 23, 2026 in San Francisco, California. Heather Diehl | Getty Images As demand rises for specialized medications like GLP-1s, logistics companies including UPS and FedEx are adapting their strategies to be able to better ship and store those pharmaceuticals. Most injectable

Li Lecheng, China’s Minister of Industry and Information Technology, spoke at a press conference on July 23, 2026, in Chengdu, China, as part of the APEC Digital Weeks. Evelyn Cheng | CNBC CHENGDU, China — Governments increasingly want to control artificial intelligence, as companies release more powerful open-source models, a new multilateral statement indicates. The

Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC The race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the free cash flow and increasing balance-sheet risk at so-called hyperscalers, warned Moody’s Ratings. In a research note released this week, Moody’s said that the spending surge is

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2026. Brendan McDermid | Reuters Major U.S. stock indexes tumbled on Thursday as investors began to price in the consequences of a renewed and prolonged conflict in the Middle East.  While the U.S. has conducted strikes

A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026. Kevin Carter | Getty Images How volatile are fuel markets this year? Southwest Airlines hired a ship this spring to send jet fuel from Texas to California, where prices are much higher and concerns had

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, June 17, 2026. Michael Nagle | Bloomberg | Getty Images Investors are increasingly preparing for the Federal Reserve

American Airlines further cut its 2026 earnings outlook Thursday, citing higher fuel costs, a sign that a jump in fares isn’t enough for the U.S. airline that flies the most to fully offset this year’s spike in fuel prices. Its shares were off roughly 8% in early trading Thursday. The carrier’s executive team has been

John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, said he believes the precious metal is only in the early stages of a long-term rally. “I do think we’re in the beginnings or the early stages of a long-term bull market for gold,” Paulson

A Mercedes-Benz logo is displayed on a used vehicle for sale at a dealership in San Diego, California, Nov. 11, 2025. Kevin Carter | Getty Images News | Getty Images The Senate Commerce Committee advanced bipartisan legislation Wednesday aimed at toughening a ban on Chinese automakers from the U.S. market, even as Chairman Ted Cruz,

A billboard for Kalshi showing 2024 U.S. presidential election odds, across from the Nasdaq MarketSite in New York, Nov. 6, 2024. Michael Nagle | Bloomberg | Getty Images Prediction market platform Kalshi on Wednesday launched a new hub that allows political junkies to see how traders in many event contracts think the midterm elections will

The Nike flagship store in Nanjing Road Walkway in Shanghai, Nov. 4, 2025. Cfoto | Future Publishing | Getty Images Nike is planning to cut off thousands of online distributors in China beginning in January as the sneaker giant looks to clean up what’s become a messy digital marketplace and get the region back to

A SpaceX Flacon 9 rocket lifts off from Space Launch Complex 40 on June 8, 2026, in Cape Canaveral Space Force Station, Florida. Joe Raedle | Getty Images Goldman Sachs has created a new platform to expand its offerings for wealthy clients and family offices who increasingly want direct stakes in fast-growing private companies, CNBC

2025 Cadillac Escalade V-Series SUV Cadillac DETROIT — General Motors will launch new gas-powered Cadillac vehicles beginning next spring as the automaker continues to shift gears away from all-electric vehicles. GM CEO Mary Barra said Tuesday that the next-generation Cadillacs will include new versions of the company’s CT5 sedan, outdated XT5 midsize SUV and discontinued

Capital One poured more than $35 billion into acquiring credit card rival Discover. After a couple of lackluster quarters and a slumping stock price, CEO Richard Fairbank must now prove to investors that the deal is the game-changer that was promised. The perfect stage to do that is Tuesday evening when Club name Capital One