Business
65-year-old quit his job and emptied his life savings to start a business — now he’s worth $11 billion
This story is part of CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the...
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Dow rises 200 points to close at a record
The Dow Jones Industrial Average advanced on Monday as investors bet the unsuccessful assassination attempt on former President Donald Trump will lead to big...
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John Deere to abandon Pride festival sponsorships following online right-wing pressure campaign
John Deere said Wednesday it would cease lending its name to social events like LGBTQ Pride parades — the latest...
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Mortgage refinance demand jumps to a 2-year high, as interest rates drop
Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed....
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GM to increase production of high-performance Cadillac Escalade V8 SUV
DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the...
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Fed Governor Christopher Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are...
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Willow Bay and Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250M valuation
Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable women’s professional sports...
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Redbox set to close as DVD market withers in streaming’s shadow
DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the...
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Delta says the Olympics will cost it $100 million as travelers skip Paris
For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential...
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Pepsi and Delta say consumers are hunting for value
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that...
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