Business
Goldman Sachs is set to report second-quarter earnings — here’s what the Street expects
Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. Brendan Mcdermid | Reuters Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $9.53 per share, according to LSEG Revenue: $13.47 […]
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GM expands production of gas-powered SUV, trucks in Michigan
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet General Motors said Tuesday it will move production of a gas-powered SUV to an assembly plant in Michigan and add manufacturing of […]
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WNBA’s Portland Fire unveils name and logo ahead of 2026 tipoff
Portland Fire’s new logo and the return of its original team name. Courtesy: Portland Fire | WNBA Portland’s WNBA expansion team on Tuesday unveiled its new branding and name — the Portland Fire — a rekindling of the city’s previous WNBA team that played from 2000 to 2002. The new logo features a rose on […]
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Rolls-Royce invests $75 million to expand South Carolina plant
A Rolls-Royce aircraft engine on view during the Hannover Messe industrial trade fair on March 31, 2025. Ronny Hartmann | Afp | Getty Images British aerospace and defense company Rolls-Royce announced it is investing $75 million to expand its engine manufacturing facility in Aiken, South Carolina. The investment will boost output of mtu Series 4000 […]
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Jamie Dimon says JPMorgan Chase will get involved in stablecoins as fintech threat looms
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon says he doesn’t get the appeal of […]
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How Trump’s tariffs are hurting the office recovery
Construction renovation of new office in business building window at night Fangxianuo | E+ | 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, […]
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‘Lost their identity’: Why Target is struggling to win over shoppers and investors
Shortly before a road trip in early 2024, Mary Molina realized her view of Target had changed. Molina, a mother of five and entrepreneur who lives in Westchester, New York, said her weekly trips to Target looked and felt different from her experience before the Covid pandemic. Items such as national brands of laundry detergent […]
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The next frontier in real estate: Data centers on the moon and space-support infrastructure
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 public companies. Sign up to receive future editions, straight to your inbox. As private companies […]
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Sirius, long commercial-free in cars, is betting on advertising to capture new listeners
Thomas Fuller | SOPA Images | Lightrocket | Getty Images SiriusXM, the audio entertainment company that’s long been known as a commercial-free option for in-car radios, is betting on advertising to propel its business. On Tuesday the company launched its first ad-supported subscription plan for car listening called SiriusXM Play. It’s a cheaper option than […]
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Nearly one-third of major U.S. housing markets now see falling home prices
A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Overinflated home prices, high mortgage rates, rising supply and falling demand are all joining forces to cool the nation’s housing market. Annual home price growth in June was just 1.3%, down […]
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