Breaking News: Business
Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption
A new Volkswagen ID.3 electric car prepares to pass final inspection at the Volkswagen plant on May 14, 2025 in Dresden, Germany. Sean Gallup | Getty Images News | Getty Images German auto giant Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia. The update comes shortly […]
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Refinance demand is 81% higher than it was a year ago, thanks to falling mortgage rates
An aerial view of residential homes, many with solar panels, on Sept. 17, 2025 in Fontana, California. Mario Tama | Getty Images Mortgage rates last week dropped to the lowest level in a month, pushing more borrowers to refinance. Potential homebuyers, however, were not as enthused. The average contract interest rate for 30-year fixed-rate mortgages […]
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Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds
Visitors are caught in the reflection of a store offering 50% off on all items on the Third Street Promenade in Santa Monica on July 16, 2024. Genaro Molina | Los Angeles Times | Getty Images A steady stream of promotions across the fashion industry has left consumers suffering from “discount burnout” ahead of Black […]
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Here’s how much prices are rising across the fashion industry
People shop for clothing at a Costco store in Monterey Park, California on November 22, 2022. Frederic J. Brown | Afp | Getty Images Prices are rising across the fashion industry – with jackets and outerwear seeing the steepest year-over-year increases, according to a new report from consulting firm AlixPartners published Wednesday. The firm analyzed […]
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Mattel misses Wall Street estimates as North American sales sink
The Mattel, Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023. Patrick T. Fallon | AFP | Getty Images Barbie-maker Mattel posted third-quarter results after the market close on Tuesday that missed analysts’ expectations as ongoing global […]
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Travis Kelce joins activist investor Jana Partners in push to revive Six Flags
Travis Kelce #87 of the Kansas City Chiefs looks on during warmups before the game against the Detroit Lions at Arrowhead Stadium on Oct. 12, 2025 in Kansas City, Missouri. Jamie Squire | Getty Images NFL star Travis Kelce is teaming up with activist investor Jana Partners in a bid to help reshape the future […]
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Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling […]
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Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro
Still from Netflix’s “KPop Demon Hunters.” Netflix Netflix is partnering with both Hasbro and Mattel to bring “KPop Demon Hunters” toys to shelves. The animated film, which debuted on the streaming service in June, has become Netflix’s most popular film of all time, with more than 325 million views worldwide. Its popularity has spurred Netflix […]
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Warner Bros. Discovery’s HBO Max is raising its prices across all plans
Nurphoto | Nurphoto | Getty Images HBO Max is the latest streaming services to raise its prices. The streaming giant, owned by Warner Bros. Discovery, announced Tuesday that it is raising prices across all plans. HBO Max’s Basic with ads plan is increasing $1 a month to $10.99, the Standard plan is going up $1.50 […]
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Investor Lauren Taylor Wolfe says we are ‘absolutely’ in an A.I. bubble now
watch now VIDEO2:5902:59 Impactive Capital’s Lauren Taylor Wolfe: We’re ‘absolutely’ in an AI bubble & it is going to burst Squawk on the Street Lauren Taylor Wolfe, co-founder of activist investment firm Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble. “We are absolutely in an AI […]
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