The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small cuts in rates could make a meaningful…
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Editor's Pick
Family offices are giving top staff equity, profit shares in battle for talent
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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,…
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U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
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U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led to lower fares and reduced profits despite strong…
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McDonald’s says $5 value meal sales are hot as consumers feel ‘pinch’ of inflation
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McDonald’s ‘$5 Meal Deal’ appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic food prices. The fast-food giant reported profit and sales Monday that missed analysts’ expectations, acknowledging…
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AT&T, other phone companies sued over stolen nude images could face liability after court ruling
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Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store…
Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications. The new software…
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Extreme heat makes flying harder. Airlines and airports say they aren’t sweating it.
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It’s been another summer of record-smashing temperatures and record-smashing air travel. Airports and airlines say they can handle both. U.S. airlines expect to transport 271 million passengers worldwide this summer,…
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‘Make Bitcoin Great Again’: Trump and GOP’s presence looms over annual crypto gathering
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NASHVILLE — Charlene Brown arrived at the first full day of Bitcoin 2024 at the Music City Center convention complex with two signs in hand: “Orange Man Good” and “Bitcoin Don.” …
Warner Bros. Discovery sued the National Basketball Association on Friday as it tries to maintain broadcast rights for a package of live games. “Given the NBA’s unjustified rejection of our matching…
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Chipotle says restaurants will give bigger servings after complaints over measly portions
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Tired of measly Chipotle bowls? The company’s CEO said Wednesday all restaurants will serve bigger portions following social media complaints against the Mexican grill chain over smaller servings. Brian Niccol,…