Stephen Curry teams up with Michelle Obama to launch sports drink
Plezi Nutrition, the public benefit company co-founded by Michelle Obama, has created a new sports drink with Stephen Curry. Four-time NBA champion Stephen Curry is teaming up with former first lady Michelle Obama to release a healthier sports drink option. Curry and Obama on Wednesday announced the launch of Plezi Hydration, through Obama’s public benefit […]
The rich use insurance to invest in private credit without steep taxes
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private credit has exploded in popularity among investors, with the market soaring from $1 trillion in 2020 to $1.5 trillion at […]
FHFA will not cut Fannie Mae and Freddie Mac loan limits
A sign for Freddie Mac is seen at their corporate headquarters campus on Oct. 9, 2024 in Tysons Corner, Virginia. Kevin Dietsch | Getty Images The newly confirmed director of the Federal Housing Finance Agency, Bill Pulte, who oversees mortgage giants Fannie Mae and Freddie Mac, said he will not lower the conforming loan limit, […]
Chinese tea chain Chagee files for U.S. IPO
Pedestrians walk past a CHAGEE store in Shanghai, China on March 14, 2025. CFOTO | Future Publishing | Getty Images Chinese bubble tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company prepares to open its […]
Affirm says JPMorgan Chase merchants can soon offer installment loans
Max Levchin, co-founder of PayPal and Affirm David Paul Morris | Bloomberg | Getty Images Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan to handle payments can soon add […]
United Airlines raises annual fees for lounges, rewards credit cards
A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado. Robert Alexander | Getty Images United Airlines is raising fees for annual airport lounge membership and its rewards credit cards, a test of how much consumers will shell out for popular travel perks. The carrier announced the changes […]
Eli Lilly to release weight loss pill orforglipron trial data
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Patients, doctors and investors will soon learn a lot more about a new, more convenient treatment that could shake up the booming weight loss drug market. Eli Lilly plans to […]
South Korea’s Hyundai to announce $20 billion U.S. investment
South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans. The plant is set to hire roughly 1,500 employees and will produce next-generation steel that will be used by Hyundai’s two U.S. auto plants to manufacture […]
More fast-food chains adopt fun, flavored drinks
Chick-fil-A pineapple dragonfruit beverages. Courtesy: Chick-fil-A Fast-food chains are going all in on fun beverages to attract younger consumers. Chick-fil-A, known for its straightforward menu of fried chicken and waffle fries, is selling seasonal Pineapple Dragonfruit drinks. Yum Brands’ Taco Bell installed a beverage concept called Live Mas Café inside one of its California locations. […]
Take a look inside French luxury retailer Printemps’ first U.S. store
A piece of Paris has landed in New York City. French luxury retailer Printemps officially opened its first U.S. store this week in the city’s Financial District. The retailer celebrated its opening on Friday, which coincided with the start of spring — its namesake. The 55,000-square-foot store spans two floors and carries a wide range […]
