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Best Buy posts another quarter of sluggish consumer electronics demand

A Best Buy store stands outside of a Brooklyn mall on August 29, 2023 in New York City.Spencer Platt | Getty ImagesBest Buy...

Foot Locker’s turnaround is showing signs of life, CEO sees consumers willing to pay full price

Foot Locker's turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better...

Orange juice prices are going through the roof — forcing some makers to consider alternative fruits

Oranges are collected in a trolley at an orchard in Arcadia, Florida, on March 14, 2023. In Florida, the world's second largest producer...

Nelson Peltz sells entire Disney stake weeks after losing proxy battle

Bob Iger and Nelson Peltz.CNBCActivist investor Nelson Peltz has sold his entire stake in Disney, according to a person familiar with the matter....

American Eagle profit soars, but sales grow slower than expected

An American Eagle Outfitters store in New York, US, on Monday, May 27, 2024. American Eagle Outfitters Inc. is scheduled to release earnings...

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Cadillac’s new entry-level Optiq EV to start at $54,000

2025 Cadillac OptiqCadillacDETROIT – General Motors' new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday.The compact-sized crossover...

Former OpenAI board member explains why CEO Sam Altman was fired

Former OpenAI board member Helen Toner, who helped oust CEO Sam Altman in November, broke her silence this week when she spoke on...

Telehealth company Ro launches GLP-1 supply tracker to help patients navigate shortages

GLP-1 Supply Tracker from Ro. Courtesy: RoTelehealth company Ro on Wednesday launched a new tracker to help patients find a popular class of weight...

Global debt has grown to $315 trillion this year — here’s how we got here

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance.This global debt wave has been the biggest,...

AST SpaceMobile partners with Verizon, adding to AT&T coverage deal for satellite internet to phones

The company's Block 1 BlueBird satellites undergoing thermal vacuum testing in preparation for launch.AST SpaceMobileSatellite-to-phones service provider AST SpaceMobile announced a partnership with...

Weekly mortgage demand drops to three-month low, as rates begin climbing again

A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesAfter a brief pullback during much...

American Airlines cuts outlook, says chief commercial officer will depart

American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on Feb. 10, 2024.J....

Watch now: ETF Edge with the first spot Ethereum applicant… plus, tug-of-war in the semi trade

CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a...

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