M&A is back and corporate earnings are up. Do America’s biggest companies need rate cuts?
America’s largest companies aren’t making a slam-dunk case for the Federal Reserve to quickly slash interest rates.
Classic car auction sales expectations
A general view at Pebble Beach Concours d’Elegance on August 18, 2024 in Monterey, California. Since 1950, the annual Pebble Beach Concours d’Elegance has hosted the world’s most beautiful and expensive collectable cars on the Competition Field along Carmel Bay. Matt Jelonek | Getty Images News | Getty Images A version of this article appeared […]
Here’s what it’s like to invest in private equity — and why you don’t want it in your 401(k)
It’s not just about risk and fees, but about knowing how much you have and having access to your money when you need it.
Nike co-founder Phil Knight to donate $2 billion to OHSU’s Knight Cancer Institute
Phil Knight Matthew Staver | Bloomberg | Getty Images Nike co-founder Phil Knight is donating $2 billion to the Oregon Health and Science University’s Knight Cancer Institute, the single largest donation ever to a U.S. university, college or health institution, according to the Knight Foundation. The foundation said on Thursday the gift that will be […]
Why tariff-driven inflation and a weakening labor market haven’t been bad for U.S. stocks
In one of the more surprising developments of the current trading environment, U.S. stocks finished at or near record highs on Thursday despite a sharper-than-expected increase in producer prices and a weakening labor market that is pointing to slowing economic growth.
Ulta and Target end deal for in-store shops
Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta Beauty shops with prestige brands. Melissa Repko | CNBC Ulta Beauty and Target said Thursday that they have decided to end a deal that opened makeup and beauty shops in hundreds of Target’s stores. Shares […]
Tapestry (TPR) Q4 2025 earnings
People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | Reuters Shares of Coach and Kate Spade parent Tapestry plunged Thursday after the company said tariffs will bite into its profits even as sales grow. The handbag, shoe and accessory maker said costs from higher duties will total $160 million […]
‘Am I delusional?’ My wife and I are in our 50s and have $11 million. We’re not leaving it to our kids. Is that wrong?
“We have retired from full-time work.”
Cadillac unveils ‘Elevated Velocity’ electric crossover concept car
The Cadillac Elevated Velocity concept car. Courtesy: Cadillac General Motors on Thursday unveiled the Cadillac Elevated Velocity, a new concept car aimed at building up the brand’s all-electric luxury crossover segment. The electric concept car has a “lifted yet elegant design,” according to Cadillac, riding on 24-inch wheels. It includes multiple driving modes to enhance […]
Former NBA star Zach Randolph sells L.A. trophy estate for $7.4 million, after several price cuts
Retired Grizzlies star Zach Randolph has finally offloaded his sprawling L.A. home for $7.4 million—11 months after listing it for $8.5 million.
