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BlackRock’s Rieder says half-point rate cut by the Fed in September is possible
Rick Rieder, BlackRock's chief investment officer for global fixed income, said July's dismal jobs report opened the door for a jumbo rate cut from the Federal Reserve next…
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Best Buy, Ikea test new kitchen concept in U.S. stores
The logo of Best Buy and Ikea on shopping carts.Getty ImagesBest Buy said Thursday it will test mini-showrooms in some of its stores featuring Ikea products to show off kitchen…
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How much are Southwest’s new assigned seats? It depends
Southwest Airlines new premium seats featuring extra legroom.Leslie Josephs/CNBCSouthwest Airlines' first assigned seats went on sale this week for flights starting Jan. 27 of…
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Restaurants add spicy menu items in a bid for younger diners
Chipotle Mexican Grill's new Adobo Ranch dipSource: Chipotle Mexican GrillRestaurant brands are hoping hot new menu items will drive visits among younger costumers. Hot, in this…
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Why the U.S. job market has soured
Ozgur Donmaz | Photodisc | Getty ImagesThe U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a…
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Battle for talent at family offices boosts incentive plans and pay
Maskot | Maskot | Getty ImagesA 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…
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Why Black entrepreneurs flock to Martha’s Vineyard every August
Sign at Martha's Vineyard Airport, Massachusetts Cindygoff | Istock | Getty ImagesMartha's Vineyard has long been a summer vacation destination for Black families, but August in…
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Moderna (MRNA) Q2 2025 earnings
The Moderna logo is seen in Warsaw, Poland, on April 9, 2025.Jakub Porzycki | Nurphoto | Getty ImagesModerna on Friday lowered the high end of its 2025 revenue outlook due to a…
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Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Milken Institute Asia Summit in Singapore, on Wednesday, Sept. 18, 2024. The size of the Federal Reserve's…
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Trunk Tools uses AI to reduce construction errors and waste
A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025.Esteban Vanegas | Bloomberg | Getty…
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