Day: May 2, 2026
Golden Tempo wins the 152nd Kentucky Derby
Golden Tempo #19, ridden by jockey Jose Ortiz, crosses the finish line to win the 152nd running of the Kentucky Derby at Churchill Downs on May 02, 2026 in Louisville, Kentucky. Michael Reaves | Getty Images Sport | Getty Images Golden Tempo stormed to victory at the 152nd running of the Kentucky Derby at Churchill Downs on Saturday, […]
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‘Godspeed my friend’: Inside the final hours at Spirit Airlines
Spirit Airlines kiosks at New York’s LaGuardia Airport on May 2, hours after the carrier shut down. Leslie Josephs/CNBC BALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flights Friday afternoon. Jeremiah Burton was hours away from his first. “It’s my first time flying,” Burton, a 45-year-old air conditioning and heating technician, told […]
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After Spirit collapse, Duffy says there’s no need for government budget airline bailout
Sean Duffy, US secretary of transportation, during a news conference in Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Monday, Nov. 24, 2025. Victor J. Blue | Bloomberg | Getty Images U.S. Transportation Secretary Sean Duffy said on Saturday he does not think the government needs to bail out […]
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The S&P 500 and Nasdaq kept their record rallies going. Here are 3 key takeaways
Yet another record week for stocks. Strong first-quarter earnings and a war-driven spike in oil made for another historic week on Wall Street. Investors also made sense of a spate of economic data and the Federal Reserve’s latest interest rate decision. The S & P 500 and Nasdaq Composite gained 0.9% and 1.1%, respectively, over […]
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Airfare amid Iran war: Buy now or wait out the conflict? Experts weigh the risks
Travelers in Terminal 1 at John F. Kennedy International Airport in New York, March 1, 2026. Michael Nagle | Bloomberg | Getty Images As airfare continues to climb amid the Iran war, prospective travelers may be wondering: Should I buy my plane ticket now or wait to see if things improve? Travel experts say the […]
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Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard
ETF Edge Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard Published Sat, May 2 202610:23 AM EDT Krysta Escobar Source
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Follow the action as Berkshire’s shareholder meeting marks a new era without Buffett at the helm: Live updates
To watch the meeting in the Mandarin translation, click here. CNBC will be livestreaming the Berkshire Hathaway annual shareholder meeting on Saturday, beginning with a pre-show at 9:15 a.m. ET. Warren Buffett has loomed large at the company’s annual gatherings, and this will be a key challenge as new CEO Greg Abel takes center stage […]
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Weight loss and hair loss: The growing hair treatment market from GLP-1s
When Branneisha Cooper first began taking GLP-1 injection Mounjaro in late 2022, she heard online that she could experience temporary hair thinning and prepared for the worst. But it would take about a year before she began noticing her hair falling out in clumps. Cooper said it was especially shocking because she has always had […]
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Musk testimony dominated first week Musk v. Altman. ‘You can’t just steal a charity’
Elon Musk arrives to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Benjamin Fanjoy | Getty Images A week into the Musk v. Altman trial, which features two towering figures in the tech industry facing off in a case that could have major implications for OpenAI, the plaintiff […]
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Long-duration equities and renewable energy — four investment strategies from the studio
Key Points Joachim Klement, Head of Strategy at Panmure Liberum believes there are opportunities in long-duration equities such as utilities and real estate. Klement also says higher energy and chip prices will eventually catch up with hyperscalers. Chris Iggo, CIO for Core Investments at BNP Paribas Asset Management sees Japanese equities as being attractive. Iggo […]
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