Jerome Powell — don’t cut rates!
An open letter to the chair of the Federal Reserve.
Shake Shack launches French onion soup burger
Shake Shack will introduce a new French Onion Soup menu in its app. Courtesy: Shake Shack As value wars take hold across fast food, Shake Shack aims to offer premium items at a discount. Building off its recent success with the $10 Dubai Chocolate Pistachio Shake, Shake Shack will launch its latest menu innovation Tuesday, […]
Carlyle to partner with Red Bull Formula 1 team
Max Verstappen of Red Bull Racing competes during the British Grand Prix, the 12th round of the Formula 1 World Championship, at Silverstone Circuit in Northampton, United Kingdom, on July 06, 2025. Rasid Necati Aslim | Anadolu | Getty Images Carlyle is set to announce a new partnership with Formula 1 team Oracle Red Bull […]
$53 billion mega-merger with Teck transforms Anglo American from prey to predator
The deal could be viewed as a compelling value opportunity for Anglo, or an attempt to discourage further aggressors like BHP.
Obamacare tax breaks could get extended in government-shutdown fight. Here’s why.
Millions of Americans who rely on Affordable Care Act subsidies may soon get certainty about whether those breaks are expiring or being extended, thanks to the latest government-shutdown battle.
Walmart-backed OnePay adds wireless plans to everything app
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments. Photo obtained from OnePay website OnePay, the fintech firm majority owned by Walmart, is launching its own branded wireless plan as it seeks to become a one-stop shop for its users, CNBC has […]
Nebius’ stock is surging. Why Microsoft just inked a deal with the cloud company.
CoreWeave’s stock is rising as well, as big hyperscalers could partner more with neoclouds to meet booming AI demand.
CRE giant BGO uses AI to find undervalued assets in unlikely areas
Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | 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, […]
Billionaire family offices bet on drones, nuclear energy in August
Key Points Billionaire family offices inked high-profile investments in an otherwise slow month for deal-making, according to Fintrx. Four billionaires’ private investment firms joined an $863 million fundraise for a nuclear fusion startup. Peter Thiel, a longtime investor in defense tech, backed a German drone maker as other high-net-worth investors flock to the sector. A […]
5 tips to stop racking up credit-card debt as APRs stick near record highs
As inflation puts financial pressure on consumers and credit-card interest rates remain stubbornly high, financial experts say there’s an urgent need for people not only to develop a plan to pay off their debt, but to reset their entire relationship with credit cards.
