How the restaurant group behind NYC’s Carbone is overcoming young people shunning alcohol

The restauranteur behind New York’s famed Carbone said there’s been a big shift in consumer behavior with younger customers spending less on alcohol but more on high-end dining experiences. “They’re definitely health conscious. There’s certainly been a trend of drinking less,” Mario Carbone, the CEO of Major Food Group, said on “Mad Money” on Friday….

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Trump tariffs fall, but trade war impacts linger

A year after President Donald Trump declared his “liberation day” and imposed sweeping tariffs on imports, kicking off a wave of economic and political uncertainty, some companies are still feeling the effects. While some industries have emerged largely unscathed — having weathered twists and turns of several tariff iterations — others, such as retail, automotive,…

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Jim Cramer says stock market rotation is shifting money

CNBC’s Jim Cramer said Wednesday that investors are watching a classic market phenomenon play out in real time: a violent rotation where yesterday’s winners become sources of cash and yesterday’s losers suddenly come back into favor. Cramer warned that these moments can feel chaotic — even irrational — but are often driven by valuation extremes…

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