Ryan Mckeever | E+ | Getty Images Move over, Sephora kids. While younger generations have been buying beauty products in droves, data shows that a different generation holds more spending power: Generation X. Often dubbed the “forgotten generation,” Gen X spans those born between 1965 and 1980, according to Pew Research Center. Sandwiched between baby…
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry. The stock opened at $30.11, after upsizing its initial offering, pricing at $23 per share — ahead of the initial range of $16 – $19 per share. The company raised more…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on Sept. 1, 2024. Kevin Carter | Getty Images News | Getty Images Spirit Airlines‘ future is hanging in the balance over the next week as President Donald Trump said the government could bail out the airline, and the struggling…
Spirit Airlines’ accessible cash to keep operating won’t last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday. President Donald Trump later Thursday at the White House told reporters: “We’re thinking about doing it, helping them out, meaning bailing them out, or…
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Citadel rebuked New York City Mayor Zohran Mamdani for singling out Chief Executive Officer Ken Griffin in a push for a new pied-à-terre tax, escalating a public dispute…
U.S. President Donald Trump (C) speaks during an event on advancing health care affordability in the Oval Office of the White House on April 23, 2026 in Washington, DC. Alex Wong | Getty Images Regeneron agreed to lower U.S. drug prices for some Americans as part of a deal with President Donald Trump, the White…
A customer inside a Starbucks coffee shop in Hercules, California, US, on Thursday, Sept. 25, 2025. David Paul Morris | Bloomberg | Getty Images Starbucks is seeing early signs that changes to its loyalty program are paying off as value-minded consumers take advantage of its rewards, CNBC has learned. Last month, the coffee chain brought…
Robert Isom, chief executive officer of American Airlines Group Inc., during a news conference at the US Department of Transportation in Washington, DC, US, on Thursday, May 8, 2025. Samuel Corum | Bloomberg | Getty Images American Airlines CEO Robert Isom said a potential merger with rival United Airlines would hurt consumers and would be…
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to a person familiar with the matter. The iconic discounter Spirit has been challenged for years by rising costs, changing consumer tastes, an engine recall and a court-blocked plan to…
Boeing CEO Kelly Ortberg speaks at Boeing Field at an event announcing Alaska Airlines’ order for 105 737 MAX 10s and five 787-10 Dreamliner jets, in Seattle, Washington, U.S., January 7, 2026. Dan Catchpole | Reuters Boeing CEO Kelly Ortberg said the company expects to ramp up production of its best-selling 737 Max aircraft to…
