Business
Black Friday is most popular with Gen Z, even as the holiday loses its shine, new survey finds
People shop at a clothing store in Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images Black Friday is proving more popular for younger consumers than for their elders, according to a new report provided exclusively to CNBC. AT&T Business‘ 2025 Holiday Shopping Survey, conducted by Morning Consult, found that […]
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A third high-profile tech leader is leaving GM as part of a software-product restructuring
Mary Barra, Chair and CEO of General Motors (right to left), Mark Reuss, President, Sterling Anderson, Chief Product Officer, and Dave Richardson, Senior Vice President Software and Services Engineering at “GM Forward” on Wednesday, October 22, 2025 in New York. GM DETROIT – A third high-profile technology executive is leaving General Motors amid a restructuring […]
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Abercrombie shares soar 30% on Hollister growth, strong earnings beat
An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024. Spencer Platt | Getty Images Shares of Abercrombie & Fitch soared 30% in morning trading on Tuesday after the company showed investors it’s set to keep growing, even as its namesake brand slows down. During the apparel retailer’s […]
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Sellers are taking their homes off the market at the fastest pace in nearly a decade
Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty Images Weak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market. Close to 85,000 U.S. sellers took their homes off the […]
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Multifamily housing leads CRE bid competition in October
Modern urban condos in Chattanooga, Tennessee Marcia Straub | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
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Dick’s Sporting Goods to shutter some Foot Locker stores to protect profits
A Dick’s Sporting Goods store in Pleasant Hill, California, US, on Monday, Nov. 24, 2025. David Paul Morris | Bloomberg | Getty Images Dick’s Sporting Goods is planning to close a slew of Foot Locker stores now that its acquisition of the sneaker company is complete, the company said Tuesday when announcing fiscal third-quarter earnings. […]
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Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices
A Best Buy store in Pinole, California, US, on Monday, Nov. 24, 2025. Best Buy Co. is expected to release earnings figures on November 25. David Paul Morris | Bloomberg | Getty Images Best Buy hiked its full-year forecast Tuesday, as it topped Wall Street’s quarterly sales expectations and customers turned to the retailer to […]
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‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving
A travelers check flight information at LAX as the shutdown passes the one-month mark, leaving essential workers unpaid in Los Angeles, California, on November 5, 2025. Grace Hie Yoon | Anadolu | Getty Images U.S. airlines are predicting another record Thanksgiving holiday travel period and are upbeat now that the travel-snarling government shutdown has ended. […]
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Trump claims California’s $20 fast-food minimum wage hurts businesses. The truth is a lot more complicated
U.S. President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin Hotel in Washington, D.C., U.S., Nov. 17, 2025. Evelyn Hockstein | Reuters President Donald Trump on Monday said that California Gov. Gavin Newsom is “laying siege on the minimum wage.” Trump’s comments at the McDonald’s Impact Summit likely referred to California’s […]
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Air traffic controllers, technicians with perfect attendance in shutdown to get $10,000 bonuses, FAA says
An airplane takes off from New York’s Laguardia Airport after the FAA ordered flight cuts at 40 major airports amid the ongoing U.S. government shutdown in the Queens borough of New York City, U.S., November 7, 2025. Ryan Murphy | Reuters Air traffic controllers and technicians with perfect attendance during the government shutdown will receive […]
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