The Fed’s rate cuts were supposed to make borrowing cheaper. So why is it harder than ever to buy a house?
The Federal Reserve’s interest-rate cuts have done little to help home buyers and sellers.
College sports valuations: Top 75 athletic programs
With major college sports programs collectively generating billions in revenue each year, private investors are looking to get a piece of the action. But how much is a college sports program worth? It’s a question CNBC set out to answer after speaking with people in the private equity world who are seeking to invest in […]
Why stock-market volatility spike signals Wednesday’s rout could be a buying opportunity
Wednesday’s steep selloff in the stock market triggered a sudden spike in Wall Street’s “fear gauge,” posing a buying opportunity for investors and may spark a strong year-end stretch for stocks, according to market analysts.
Darden Restaurants (DRI) Q2 2025 earnings
Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts’ expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse. Shares of the company closed up 14% on Thursday. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.03 adjusted […]
Pro pickleball players are getting a higher salary than WNBA players
NEW YORK CITY, NY – SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2024 at Wollman Rink in New York, New York. (Photo by Andrew Mordzynski/Icon Sportswire via Getty Images) Icon Sportswire | Icon Sportswire | Getty Images Pickleball is paying […]
Big Tech ETF on pace to snap weekly winning streak amid S&P 500 breadth worries
Megacap stocks can “mask a lot of the internal weakness” in the S&P 500, says Todd Sohn, an ETF strategist at Strategas.
Nike (NKE) earnings Q2 2025
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike on Thursday posted better-than-expected results under new CEO Elliott Hill, who said the company is taking “immediate action” to fix the business and return it to growth. While expectations were […]
Lennar blames high mortgage rates for sales miss, but says its home prices also need to fall
Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.
Drone flights are temporarily banned over some areas of New Jersey
A drone or SUAV, Small Unmanned Aerial Vehicle. Richard Newstead | Moment | Getty Images The Federal Aviation Administration on Wednesday temporarily banned drone flights over 22 areas across New Jersey amid complaints of strange and often bright drones in the night sky. “At the request of federal security partners, the FAA published 22 Temporary […]
Eli Lilly weight loss drug Zepbound no longer in shortage
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The Food and Drug Administration on Thursday said the active ingredient in Eli Lilly’s weight loss drug Zepbound is no longer in shortage, a decision that will eventually bar compounding pharmacies […]
