Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’
U.S. stock-index futures were expected to open lower Sunday night after President Donald Trump announced heavy tariffs on imports from Canada, Mexico and China, as investors braced for volatility across financial markets.
Fox Super Bowl ads beckon up to $8 million apiece
Fox Corp. is scoring big this Super Bowl. The broadcaster has sold out of ad spots for Super Bowl 59 on Feb. 9, and more than 10 of those commercials sold for $8 million apiece, according to a person familiar with the matter. Fox reported during its November earnings call with investors that it sold […]
Major League Table Tennis signs first media deal with CBS Sports
Major league table tennis player Debora Vivarelli Masha Zolotukhina Major League Table Tennis is going primetime. The pro table tennis league that got its start in 2023 by software entrepreneur Flint Lane has signed its first-ever national television deal with CBS Sports, the league announced Wednesday. This comes as table tennis has seen a resurgence […]
Jobs report and Trump’s trade war hold keys to outlook for stocks
A softer-than-expected jobs report to be released next week may refuel market chatter about potential rate cuts this year, propelling U.S. stocks to resume their rally, as the Federal Reserve paused its rate cuts on Wednesday and took a “wait-and-see” approach.
Honda’s new EV production revolution begins with $1 billion in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing […]
‘I thought about filing for conservatorship’: I bought a home with my elderly parents. They reneged on their promise to sell their house and repay me. What now?
“The agreement was that, as soon as they sold their home, they would refinance the mortgage.”
Twin Peaks goes public, Panera, Fogo de Chao consider IPOs
Twin Peaks sports bar in Louisville, Kentucky. Google Maps Sports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public offering of the new year and a potential litmus test for others looking to go public. The IPO market has been tepid for several […]
My stepfather’s children told me they plan to buy the house he shares with my mother. I stopped them in their tracks.
“I discovered that the default deed in Illinois is tenants in common — not joint tenants with the right of survivorship.”
December pending home sales drop as mortgage rates surge
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors. The drop followed four straight months of gains and the index was at its lowest level since August. These so-called pending sales are an indicator of […]
RFK Jr. struggles with Medicare, Medicaid basics in Senate hearings
Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 30, 2025. Nathan Howard | Reuters Robert F. Kennedy Jr., President Donald Trump’s pick to lead the Department of […]
