Business
The $5 million Trump Card faces legal challenges, limited market
U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025. Kent Nishimura | Reuters 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 […]
Read More
Nike will report earnings after the bell. Here’s what Wall Street expects
A shopper walks past a Nike store, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in the King of Prussia Mall in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | Reuters Nike is expected […]
Read More
RFK Jr.’s CDC vaccine panel backs Merck RSV shot for infants
Nikos Pekiaridis | Nurphoto | Getty Images Robert F. Kennedy Jr.’s revamped government panel of outside vaccine advisors on Thursday recommended the use of Merck‘s shot to protect infants from respiratory syncytial virus, a temporary reprieve for public health officials and companies concerned about the Health and Human Services secretary’s immunization policy. The group, called […]
Read More
Family offices double down on private credit and infrastructure during private equity slump, survey finds
Vithun Khamsong | Moment | 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. Investment firms of the ultra-rich are increasingly investing in alternative assets like real estate and venture […]
Read More
Pixar’s ‘Elio’ is emblematic of a bigger headwind for Hollywood
A still from Disney and Pixar’s animated film “Elio.” Disney Disney’s Pixar animation studio had its worst opening ever over the weekend — and its problems aren’t unique. “Elio,” the story of a young boy who is mistakenly identified as Earth’s ambassador to the universe, tallied just $21 million in ticket sales during its first […]
Read More
PayPal teams up with the Big Ten and Big 12 to enable payments to student-athletes
Head coach Dusty May and players of the Michigan Wolverines celebrate after defeating the Wisconsin Badgers in the Big Ten men’s basketball tournament championship game at Gainbridge Fieldhouse on March 16, 2025 in Indianapolis, Indiana. Aaron J. Thornton | Getty Images Global payment company PayPal announced on Thursday that it has inked a deal with […]
Read More
Airport lounges, Europe and premium class are on the table, Southwest CEO says
A Southwest Airlines Boeing 737 MAX8 departs from San Diego International Airport to Chicago on March 4, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images ARLINGTON, Texas — Southwest Airlines is considering airport lounges, more premium seating and even long-haul international flights to win over high-spending customers, CEO Bob […]
Read More
Sales of new homes tanked in May, pushing supply up to a 3-year high
Houses undergo construction in a neighborhood on April 17, 2025 in Austin, Texas. Brandon Bell | Getty Images Sales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally-adjusted, annualized basis, according to the U.S. Census. That sales total was 6.3% lower than May 2024 and well below […]
Read More
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
Coco Gauff of the United States lifts the winners trophy after her victory against Aryna Sabalenka in the Final of the Women’s singles competition on Court Philippe-Chatrier during the 2025 French Open Tennis Tournament at Roland Garros on June 7, 2025, in Paris, France. Sipa via AP Images The Tennis Channel is extending its deal […]
Read More
ESPN renews media deal with professional lacrosse, takes an equity stake in the league
Utah Archers Midfielder Tre Leclaire (44) carries the ball during the Premier Lacrosse League Cash App Championship between the Maryland Whipsnakes and the Utah Archers at Subaru Park in Chester, Pennsylvania, on Sept. 15, 2024. Terence Lewis | Icon Sportswire | Getty Images ESPN is renewing its media deal with the Premier Lacrosse League and […]
Read More