Business
Cost and ‘chaos’ continue to test resiliency of U.S. auto industry
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions. All those factors created […]
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Pokémon, sports trading card boom boosts Target, Walmart ahead of holiday season
Trading cards of the game “Magic” are located in a shop where a “Magic” tournament is taking place. Frank Rumpenhorst | picture alliance | Getty Images As screentime soars and technology races ahead, a low-tech pastime is back in a big way: collecting trading cards. The cardstock depicting everything from NFL standouts to Pokémon and […]
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FAA lets Boeing increase 737 Max production almost two years after near-catastrophic accident
Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters Boeing has won regulator approval to ramp up production of its best-selling 737 Max jetliners to 42 a month, a milestone for the manufacturer nearly two years after the Federal Aviation Administration capped […]
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‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks
Signage outside Western Alliance Bank headquarters in Phoenix, Arizona, March 13, 2023. Caitlin O’Hara | Bloomberg | Getty Images Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional […]
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Apple and F1 reach 5-year media deal, bringing all races to Apple TV streaming in the U.S.
Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB20 leads Carlos Sainz of Spain driving (55) the Ferrari SF-24 and Lando Norris of Great Britain driving the (4) McLaren MCL38 Mercedes into turn 1 at the start during the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez Peter Fox – […]
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Small businesses are being crushed by Trump’s tariffs and economists say it’s a warning for the economy
President Donald Trump listens during a Cabinet meeting at the White House on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images Viresh Varma can’t sleep. The CEO of AV Universal Corp., a small footwear company that sells through retailers like Macy’s, Nordstrom and DSW, said he needed to take out a $250,000 […]
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United Airlines CEO warns an extended shutdown will hurt bookings
CEO of United Airline Scott Kirby speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC. Alex Wong | Getty Images United Airlines CEO Scott Kirby said the federal government shutdown could hurt bookings if it continues. Despite the funding impasse, essential federal employees including Transportation Security […]
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CNBC Sport: Apple’s Eddy Cue says sports streaming needs fixing as company nears F1 rights deal
Key Points Apple is about to announce a $140 million per year media rights deal with F1 for its U.S. rights, according to people familiar with the matter. Apple’s Eddy Cue said his company would like to buy more sports rights and would seek to change how broadcasts are done. “We’re not going to compromise,” said Cue. “We don’t […]
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CNN ‘All Access’ streaming subscription to launch October 28 for $69.99 per year
The CNN building in Atlanta, Georgia, on Monday, May 17, 2021. Elijah Nouvelage | Bloomberg | Getty Images CNN is trying again at a full-service streaming subscription. The news network, owned by Warner Bros. Discovery, announced Thursday its “All Access” subscription will launch in the U.S. on October 28 and cost $6.99 per month or […]
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Few heirs keep their parents’ wealth advisors — most wealthy benefactors don’t mind
Drazen_ | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Over the next 25 years, more than $120 trillion in wealth will be passed down to inheritors, […]
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