Business
Auto insurance rates are jumping the most since the 1970s, but there could be relief soon
Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief...
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Tesla CEO Elon Musk says he favors ‘no tariffs’ on Chinese EVs
Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles. “Neither Tesla nor I asked...
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Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing will burn through cash this year and deliveries of new planes won’t improve in the second quarter from the first,...
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It wasn’t the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster...
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Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off
Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving...
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Will schools finally pay student-athletes? What a historic settlement means for the NCAA and players
Could college athletes really start getting paid directly by their schools, ending decades of acrimony over the issue? The NCAA,...
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‘It is time to break up Live Nation’: DOJ sues Ticketmaster parent over alleged monopoly
The Justice Department filed a lawsuit Thursday seeking to break up Live Nation, the parent company of Ticketmaster, alleging it...
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Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the...
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Dow falls 600 points in worst day of 2024 as Nvidia’s blockbuster earnings fail to lift broader market
Stocks fell Thursday, with the Dow Jones Industrial Average registering its worst day of 2024, as a post-earnings rally in Nvidia failed to...
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Target, McDonald’s and others are offering value as they lose ground with bargain hunters
Target’s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to win over bargain hunters. The...
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