Kohl’s (KSS) Q2 2025 earnings
Kohl’s shares climbed 24% on Wednesday after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO. The Wisconsin-based department store narrowed its full-year sales guidance to reflect the higher part of its previous range. It said it now expects net sales […]
FDA ends broad Covid vaccine authorization as RFK Jr. limits access to immunizations
Pfizer’s Covid vaccine Comirnaty, seen at a CVS Pharmacy in Eagle Rock, California, Sept. 14, 2023. Irfan Khan | Los Angeles Times | Getty Images The Food and Drug Administration on Wednesday ended its broader authorization of Covid vaccines in the U.S., only clearing shots for people at higher risk of severe illness. “The emergency […]
CoreWeave’s stock has slumped. Here’s how the company can prove the bears wrong.
The AI-infrastructure company’s stock has been hammered on concerns over losses and debt. But CoreWeave is a “best-in-class” player whose shares could climb to $116, one analyst said.
Cracker Barrel shares rise after restaurant chain discards new logo
A Cracker Barrel sign featuring the old logo is seen outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images Shares of Cracker Barrel Old Country Store rose 3% Wednesday after the restaurant chain said it would scrap its new logo and return to the original one, amid mounting […]
The central bank with the third-largest reserves is swapping dollars for euros
There has been lots of talk about central banks diversifying away from dollars but the SNB is among the first to confirm it.
Lego first-half 2025 earnings post record revenue
Icons Tiny Plants by Lego. James Manning – Pa Images | Pa Images | Getty Images Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year. The company reported a record 34.6 billion Danish kroner, or $5.4 billion, in revenue as part of […]
Tariffs causing even the wealthiest buyers to pause
Uncertainty around tariffs has caused even the wealthiest buyers of Lamborghini supercars to hold off on their purchases, CEO Stephan Winkelmann told CNBC. While the White House recently announced an agreement with Europe on a 15% tariff rate, that rate hasn’t yet taken effect for cars. Lamborghini and other European automakers are still paying a […]
EchoStar’s stock is surging. Why AT&T just struck a $23 billion spectrum deal with the company.
AT&T will look to enhance its wireless and home-internet offerings with spectrum from EchoStar.
Student housing CEO says luxury is losing its appeal
Annex, a Scion community in Oxford, Ohio, that serves students of Miami University. Courtesy of Scion 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, private equity funds, family offices, institutional […]
Tommy Hilfiger parent says it still expects 2025 to be a comeback year, even as tariffs upend clothing industry
Shares of PVH Corp. were up after hours on Tuesday after the parent of the Tommy Hilfiger and Calvin Klein clothing lines offered a more upbeat sales outlook, saying that it still expects this year “to mark our return to growth.”
