Shoppers walk past a Lululemon store at a shopping mall on June 21, 2026, in Hong Kong, China. Cheng Xin | Getty Images Shares of Lululemon plunged 20% in premarket trading Friday after the retailer reported another quarter of disappointing results and cut its outlook for the year. The company on Thursday posted a 4%…
The trendy Hillcrest neighborhood of San Diego, California, was the backdrop for violent acts and hate crimes. Business owners had enough. The Hillcrest Business Association‘s members in 2024 began paying a third-party service around $400,000 annually for eight hours of unarmed security guard patrol each day. The association plans to add about $150,000 to the…
The cliffside village of Atrani at sunset along the Amalfi Coast, Campania, southern Italy. © Marco Bottigelli | Moment | Getty Images Fall is the new peak season for luxury travel, as the wealthy continue to shift their holidays to September and October to avoid the summer crowds, according to a new study. Fall bookings…
Host Maria Bartiromo poses as New York City mayoral candidate Andrew Cuomo visits “Mornings With Maria” at Fox Business Network Studios on October 29, 2025 in New York City. Roy Rochlin | Getty Images Entertainment | Getty Images Maria Bartiromo is disputing reports that she was terminated from her longtime gig as a host of…
WNBA Commissioner Cathy Engelbert talks to media during a press conference before the AT&T WNBA All-Star Game 2026 on July 25, 2026 at United Center in Chicago, IL. Melissa Tamez | National Basketball Association | Getty Images WNBA Commissioner Cathy Engelbert will retire at the end of 2026, the league announced on Friday. The decision…
View of the Golden Gate Bridge from Marin County Vicki Jauron, Babylon And Beyond Photography | Moment | Getty Images A 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 consumer. Sign up to receive future editions, straight to your inbox. The ranks of…
Volkswagen employees are taking part in an information and protest event organized by IG Metall in front of the VW plant in Zwickau. Picture Alliance | Picture Alliance | Getty Images Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of a historic transformation plan amid intensifying…
A ChargePoint electric vehicle charging station in Hudson, New York, US, on Tuesday, Sept. 3, 2024. Angus Mordant | Bloomberg | Getty Images ChargePoint Holdings CEO Rick Wilmer believes a surge in the electric vehicle charging company’s stock Thursday is just “the beginning of the momentum,” he told CNBC. Shares of ChargePoint increased more than…
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC A 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 consumer. Sign up to receive future editions, straight to your inbox. Investment firms of ultra-wealthy families are helping fuel the…
CNBC’s Jim Cramer said Wednesday investors aren’t abandoning artificial intelligence or technology stocks altogether — they’re ditching expensive stocks. “There’s no revulsion to the data center or AI stocks or even momentum plays, it’s just that when bond yields go up, money managers dump their expensive stocks and swap into cheaper ones,” the “Mad Money”…
