Business

Delta Air Lines‘ profit goal is in reach this year as the carrier passes along higher fuel costs to customers, pricing power CEO Ed Bastian expects to last even as oil prices drop from multiyear highs. “I think it’s sustainable,” Bastian told CNBC in an interview. He said fares will likely stay strong thanks to

A supporter checks the gambling site ‘Kalshi” just before State Assembly member, Alex Bores (D-NY) gives a speech to supporters at his watch party at The Freehand Hotel after conceding the congressional race to Micah Lasher who will replace Rep Jerry Nadler (D-NY) in NY’s 12th Congressional District on June 23, 2026 in New York

Azmanjaka | E+ | Getty Images Private chefs are making up to $300,000 a year, and butlers can earn as much as $180,000 as the wealthy hire more household staff to manage their increasingly complex lives, according to a new study. Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached

Motorists purchase gas at a station in Chicago, Illinois, June 9, 2026. Scott Olson | Getty Images Stock Chart IconStock chart icon WTI Crude 5-day chart. On Thursday, the national average of gas prices was at $3.84, according to AAA, up 5 cents from the day prior. The rise comes as U.S. oil prices rose

A welcoming sign at President Donald J. Trump International Airport in West Palm Beach, Florida, July 9, 2026. Marco Bello | Reuters The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president. Effective Thursday, the facility will

Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution’s operations — a list that includes several prominent Wall Street names, business leaders and a wide expanse of academicians and former Fed officials. Warsh first disclosed his intention to create the task forces

Marc Nachmann, Goldman Sachs global head of asset and wealth management. CNBC Goldman Sachs said Thursday it won deals to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin, one of the larger recent announcements in the fast-growing market for outsourced corporate investing. The mandates include about $30 billion in

Michael Burry attends the premiere of “The Big Short” at the Ziegfeld Theatre on Nov. 23, 2015, in New York. Dimitrios Kambouris | Getty Images Michael Burry of “The Big Short” fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment, anticipating regulators will eventually crack down on prediction markets after competition

A view of Levi Strauss & Co. headquarters on July 8, 2026, in San Francisco, California. Heather Diehl | Getty Images Levi Strauss beat Wall Street’s quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend.  The denim maker is now expecting full-year adjusted earnings

Security officers keep watch in front of an AI (Artificial Intelligence) sign at the annual Huawei Connect event in Shanghai, China, September 18, 2019. Aly Song | Reuters BEIJING — China on Wednesday warned of “back-door” security risks affecting companies that use U.S.-based company Anthropic’s Claude Code artificial intelligence tool. It comes as the U.S.-China

A Delta aircraft taxis to Terminal A shortly before a deep orange winter sunset at Boston Logan International Airport in Boston, MA, on Dec. 22, 2025. Austin DeSisto | Nurphoto | Getty Images Delta Air Lines is dividing up the front of the plane into even smaller groups, offering a new “basic” fare for business

Vessels off the coast of the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on June 28, 2026. – | Afp | Getty Images President Donald Trump said the ceasefire with Iran is “over” after the

Folarin Balogun of the United States shoots during the FIFA World Cup 2026 Round of 16 match between USA and Belgium in Seattle, Washington, July 6, 2026. Mb Media | Getty Images Sport | Getty Images As the FIFA World Cup captures massive global audiences, media companies are preparing to pay billions for the rights

Traders work at the New York Stock Exchange on June 29, 2026. NYSE The Nasdaq-100 is up about 18% in 2026, but traders on prediction market platform Kalshi don’t think the index will move much higher in the second half of 2026.  Speculators place about 50-50 odds that the tech-heavy index will close 2026 above

A motherboard from one of Rivian’s all-electric vehicles. Michael Wayland / CNBC Rivian Automotive stock plunged more than 10% during early trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock. The capital raise occurred during extended hours trading after Rivian shares rose

Sebastian Siemiatkowski, CEO and co-founder of Swedish fintech Klarna, gives an interview with CNBC during the company’s initial public offering at the New York Stock Exchange in New York, Sept. 10, 2025. Brendan Mcdermid | Reuters Klarna, the Swedish fintech firm best known for its buy now, pay later offerings, said Monday it applied to

Toyota Tacoma trucks on the sales lot at City Toyota on Feb. 28, 2024, in Daly City, California. Justin Sullivan | Getty Images Toyota Motor on Monday announced that it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from a plant in Mexico to its San Antonio, Texas, manufacturing campus.

Michael Saylor, co-founder and executive chairman of Strategy Inc., speaks during the Bitcoin 2026 conference in Las Vegas, Nevada, US, on Tuesday, April 28, 2026. Ian Maule | Bloomberg | Getty Images Bitcoin turned positive Monday after President Donald Trump voiced his support for cryptocurrency. Earlier in the session, bitcoin dove toward $60,000 after Strategy,

Sick of the heat, crowds and high prices, more U.S. travelers are discovering the offseason of international travel — and airlines and hotels are fighting for a windfall. Flights to once-seasonal European vacation destinations now start when there’s still snow on the ground in the U.S. and wrap up when leaves are falling off the

Cleveland Federal Reserve President Beth Hammack said Tuesday that “insatiable” demand for artificial intelligence infrastructure could be a source for inflation. Should that and other pressures continue to keep prices elevated, that could drive the need for higher benchmark interest rates, the central bank policymaker said in a CNBC interview. “We’ve got inflation that’s too