Business

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Locked up merchandise, to prevent theft in Target store, Queens, New York.  Lindsey Nicholson | Universal Images Group | Getty Images Target said Wednesday that organized retail crime will fuel $500 million more in stolen and lost merchandise this year compared with a year ago.

Pgiam | Istock | Getty Images The IRS flagged more than 1 million tax returns for potential identity theft during the 2023 tax season, according to the U.S. Department of the Treasury, signaling that such fraud continues to be a pervasive problem for taxpayers. Tax-related identity theft occurs when criminals use a taxpayer’s personal information

Elon Musk told CNBC’s David Faber on Tuesday that he doesn’t care if his inflammatory tweets scare advertisers away from Twitter. “I’ll say what I want, and if the consequence of that is losing money, so be it,” said Musk, who owns Twitter. Musk replied defensively as Faber pressed him over a tweet Monday night

In this article HZNP RH HD COF GEHC Follow your favorite stocksCREATE FREE ACCOUNT Horizon Therapeutics global headquarters in Dublin, Ireland. Nurphoto | Nurphoto | Getty Images Check out the companies making the biggest moves midday: Horizon Therapeutics — Shares of the biotech firm fell more than 15% after the Federal Trade Commission sued to

Construction workers work on a home, as a subdivision of home is built in San Marcos, California, January 31, 2023. Mike Blake | Reuters Homebuilders are getting a big boost from the lack of existing homes for sale, and that appears to be outweighing some of the challenges they’re facing from financial markets. Builder confidence

People queuing outside Shake Shack in London. Latest Covid-19 lockdown slams UK business owners. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Shake Shack — The fast food chain’s stock jumped more than 6% after the Wall Street Journal reported that activist investor Engaged Capital is planning

In this article NGMS ALL-AU RSI Follow your favorite stocksCREATE FREE ACCOUNT Fanatics founder & CEO Michael Rubin at his office in downtown NYC, Dec. 7, 2022. The Washington Post | Getty Images Fanatics’ splashy $150 million acquisition of PointsBet’s U.S. business wasn’t the only deal in gambling in recent days — and it could

Billionaire hedge fund manager Paul Tudor Jones believes the Federal Reserve has finished raising interest rates in its fight against inflation, and the stock market could grind higher this year. “I definitely think they are done,” Jones said Monday on CNBC’s “Squawk Box” of the Fed’s rate-hiking campaign. “They could probably declare victory now because if you

Just a few hundred people of Chinese heritage still live in Washington, D.C.’s Chinatown. Many have been pushed out to cheaper and safer areas. Noah Sheidlower | CNBC Penny and Jack Lee, now married, grew up in the 1960s and 1970s among the thousands of people of Chinese heritage who lived in apartments lining the

In this article WAL PACW FOXA Follow your favorite stocksCREATE FREE ACCOUNT JD.com has become the latest Chinese tech giant to announced plans for a ChatGPT-style product, joining the hype around the chatbot technology. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. News Corporation — Shares gained

In this article MGM PG SBUX YUM 9987-HK YUMC Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past Yum! Brands Inc. Pizza Hut and KFC restaurants in Shanghai, China. Qilai Shen | Bloomberg | Getty Images China is leaving behind pandemic lockdowns, and U.S. companies like Procter & Gamble, Starbucks and MGM Resorts International say

The investor who ran the country’s biggest natural gas ETF said he believes prices have hit bottom. John Love, who managed the United States Natural Gas Fund, cites global demand and production dynamics for his bull case. “They’re [producers] looking to the future,” the U.S. Commodity Funds CEO told CNBC’s “ETF Edge” this week. “This

In this article DAL JBLU Follow your favorite stocksCREATE FREE ACCOUNT A traveller walks in the Terminal 2 corridors of the Roissy-Charles de Gaulle airport with Air France airplanes in the background, in the northeastern outskirts of Paris, on September 16, 2022, amid a strike of air traffic controllers. Julien De Rosa | AFP |

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Rohan Doctor, CEO and founder of Louisa Source: Goldman Sachs Goldman Sachs, known more for its Wall Street bankers than its technology, has just spun out the first startup from its internal incubator. The company, a networking platform for employees called Louisa, was funded and

A general view of fans in front of the Washington Commanders logo during the first half of the game between the Washington Commanders and the Philadelphia Eagles at FedExField on September 25, 2022 in Landover, Maryland. Scott Taetsch | Getty Images The NFL’s Washington Commanders entered into a deal to be sold to a consortium

In this article HOOD TWLO IEP NWSA FSLR Follow your favorite stocksCREATE FREE ACCOUNT Connie Black makes adjustments to the manufacturing line for the series 6 solar panels seen during a tour of a First Solar plant in Walbridge, Ohio, October 6, 2021. Dane Rhys | Reuters Check out the companies making the biggest moves

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Linda Yaccarino, chairman of advertising and partnerships at NBC Universal Media LLC, speaks during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 23, 2018.  Jason Alden | Bloomberg | Getty Images NBCUniversal global advertising

Sunrise at Laguna Torre in Patagonia, Argentina. © Marco Bottigelli | Moment | Getty Images Travel in 2023 has been expensive. Indeed, some prices — like those for international flights — have hit record highs. Americans are unleashing their wanderlust en masse after a few years of pandemic-era trip delays, making for a busy —