Inflation fears surge to highest since ‘liberation day’ as Fed cuts rates
The bond market is less confident than Jerome Powell.
Live Nation CEO touts demand, says concert tickets are underpriced
Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week that live events are more central than ever to culture and commerce in a post-pandemic world. Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, the executives said that the high demand for in-person events has been unmistakable. […]
NCAA sports commissioners weigh revenue models, private equity
Big East Commissioner Val Ackerman, Atlantic Coast Conference Commissioner Jim Phillips, and Big 12 Commissioner Brett Yormark. Porter Binks | Matt Kelley | Stacy Revere | Getty Images College sports leaders are crunching the numbers as they head toward payments for players and new avenues for revenue growth. Speaking at CNBC Sport and Boardroom’s Game […]
Nvidia’s stock is falling on China fears. How much should investors worry?
Some analysts view China’s reported move to ban sales of Nvidia’s RTX Pro 6000D as “political theater” and “posturing” in light of trade talks with the U.S.
Trump administration orders Delta, Aeromexico to unwind joint venture by Jan. 1
An Aeromexico Boeing 737 MAX 8 taxis at Los Angeles International Airport on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images The Trump administration ordered Delta Air Lines and Aeromexico to end by Jan. 1 their nearly decade-old joint venture that allows them to coordinate schedules and prices for flights between […]
Why the Fed’s rate cut might not boost the economy
The yield curve will reveal the bond market’s confidence in how the U.S. is handling monetary policy.
Versant, League One Volleyball strike multiyear media deal
LOVB Austin middle blocker Molly McCage (5) spikes the ball past LOVB Houston outside hitter Jess Mruzik (5) during the League One Volleyball match between LOVB Austin and LOVB Houston February 19,, 2025, at H-E-B Center in Cedar Park, Texas. Icon Sportswire | Icon Sportswire | Getty Images Comcast spinoff Versant has struck a multiyear […]
Bloom Energy’s stock is surging — and could ride Oracle’s growth to even more gains
Bloom shares have more than tripled this year, and Morgan Stanley says the clean-tech company’s work with Oracle sets the stage for “explosive” momentum.
Mortgage rates drop to 3-year low ahead of Fed meeting
Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. The average rate on the 30-year fixed mortgage dropped 12 basis points from Monday to 6.13%, according to Mortgage News Daily. That is the lowest level since late 2022. “The […]
Josh Harris says more sports assets aren’t likely to go public
Washington Commanders managing partner Josh Harris (L) signs a Commanders helmet while joined by Washington D.C. Mayor Muriel Bowser (C) and NFL Commissioner Roger Goodell (R) during a news conference on construction of a new Commanders stadium in Washington, D.C., on April 28, 2025. Win McNamee | Getty Images Over the last decade, private equity […]
