Business
Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold...
Read more
65-year-old quit his job and emptied his life savings to start a business — now he’s worth $11 billion
This story is part of CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the...
Read more
Willow Bay, Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250 million valuation
Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable women’s professional sports...
Read more
Mortgage refinance demand jumps to a 2-year high, as interest rates drop
Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed....
Read more
GM to increase production of high-performance Cadillac Escalade V8 SUV
DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the...
Read more
John Deere to abandon Pride festival sponsorships following online right-wing pressure campaign
John Deere said Wednesday it would cease lending its name to social events like LGBTQ Pride parades — the latest...
Read more
Redbox set to close as DVD market withers in streaming’s shadow
DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the...
Read more
Delta says the Olympics will cost it $100 million as travelers skip Paris
For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential...
Read more
As inflation cools, Social Security could pay out a smaller COLA increase
Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress on...
Read more
NFL open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner...
Read more
