Business

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside
The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The terminal, which will be […]
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5 things to know before the stock market opens Friday
Here are five key things investors need to know to start the trading day: 1. When the levy breaks A trader works at his desk on the floor of the New York Stock Exchange (NYSE) at the opening bell on July 18, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock […]
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Moderna cuts high end of 2025 revenue outlook on vaccine shipment delay in U.K.
Moderna logo is seen in Warsaw, Poland on April 9, 2025. Jakub Porzycki | Nurphoto | Getty Images Moderna on Friday lowered the high end of its 2025 revenue outlook due to a delay in vaccine shipments to the U.K., but beat Wall Street’s expectations for the second quarter as it works to cut costs. […]
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How much are Southwest’s new assigned seats? It depends
Southwest Airlines new premium seats featuring extra legroom. Leslie Josephs/CNBC Southwest Airlines‘ first assigned seats went on sale this week for flights starting Jan. 27 of next year. What you’ll pay will vary. The price depends on the route, when you’re traveling and where you sit. Selecting your ideal seats can add hundreds of dollars […]
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Family offices turn to more structured pay to keep executives for the long term
Maskot | Maskot | 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. Family offices are ramping up the war for talent, creating new incentive plans for top executives that […]
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Another late-night Trump trade twist — just hours before the world hit go
Another day, another deadline and another trade curveball from U.S. President Donald Trump just before the buzzer. The tariff deadline was set for August 1. Markets were watching. Countries were calculating. And then, right before midnight (well, UK time), came another announcement: 40% tariffs on transshipped goods, new rates for dozens of nations, and yet another reshuffling of Trump’s […]
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Trump rekindles global trade tensions with sweeping new tariffs
Mexico welcomes trade talks extension Mexico welcomed news it was granted a 90-day reprieve on a U.S. boost to tariffs to 30% on many goods, to allow for further negotiations. “We avoided the increase of tariffs announced for tomorrow and we prevailed with 90 days to build a large-scale agreement based on dialogue,” Mexican President […]
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Facing questions on AI strategy, Tim Cook says Apple is ‘very open’ to acquisitions
Tim Cook arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David Grogan | CNBC Apple’s AI strategy and investment was on the mind of analysts on an earnings call after the company reported third-quarter earnings that showed […]
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