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Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Peter Stern, CEO of Peloton Interactive.Courtesy: Peloton InteractivePeloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of...

Friday’s jobs report is expected to show the slowest pace of hiring in years

Hiring signs outside a Stewart's gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty ImagesPowerful...

Comcast’s potential cable networks separation will test the appetite for media reconfiguration

Mike Cavanagh, president of Comcast Corporation, at center, during the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023.David...

Amazon’s advertising business grew 19% in the third quarter

Dominika Zarzycka | Nurphoto | Getty ImagesAmazon's online advertising business brought in $14.3 billion in the third quarter, up 19% year over...

Ford to halt production of electric F-150 Lightning next month until January

Ford workers produce the electric F-150 Lightning pickup at the automaker's Ford Rouge Electric Vehicle Center on Dec. 13, 2022.Michael Wayland | CNBCDETROIT...

Comcast tops earnings estimates as Olympics propel the company

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count. Shares of Comcast gained...

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Inflation increased slightly in September and moved closer to the Federal Reserve's target, according to a Commerce Department report Thursday.The personal consumption expenditures...

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31st, 2024. CNBCStarbucks CEO Brian Niccol shared more details about the company's turnaround strategy...

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

Line-up of pumpkins in the Netherlands, on Oct. 27, 2024.Nurphoto | Nurphoto | Getty ImagesInflation in the 20-nation euro zone rose to 2%...

Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November

Starbucks' Oleato coffee beverages.StarbucksStarbucks' controversial line of olive oil-infused drinks will leave U.S. stores in early November.The decision to remove the Oleato drinks...

Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says

RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia's finance minister said, expressing particular concern over...

Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations

A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCCarvana on Wednesday raised its 2024 earnings guidance after the online...

Ray Dalio concerned about America postelection: ‘Both candidates worry me’

Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America worries U.S. billionaire Ray...

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

Private job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast...

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