A ‘property-tax revolt’ is underway across the country. These numbers explain what’s driving it.
More than 72% of metropolitan areas with at least 200,000 residents saw above-average increases in property-tax bills last year, according to a property-data and real-estate analytics firm.
Novo Nordisk legal win bars many compounded Wegovy, Ozempic drugs
Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy are pictures while the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Novo Nordisk scored a huge legal victory that […]
Trade war is opportunity for Latin America
MercadoLibre CEO Marcos Galperin CNBC The CEO of Argentina’s MercadoLibre — often called the Amazon of Latin America — sees big opportunity for Latin America in the U.S.-China trade war. “If Latin America plays its cards well, I think could benefit from this volatility,” MercadoLibre CEO and founder Marcos Galperin told CNBC’s Robert Frank on […]
Why airlines were already raising baggage fees even before travel demand started dropping
Airline passengers around the globe spend $33 billion on baggage fees — and now Southwest plans to start charging for the first time.
International tourists to U.S. fall, but Americans keep going abroad
Tourists look at the Bridge of Sighs in Venice, Italy, on Aug. 25, 2021. Andrea Merola | Bloomberg | Getty Images Caroline Smith, an accounting director from Verona, New Jersey, and her husband took their two children to Italy for Easter break this month. On the Spanish Steps in Rome, they ran into another family […]
Another drugmaker says tax reform, not tariffs, would drive U.S. manufacturing
AbbVie took a little shot at the Trump administration’s trade policy, as the drugmaker said Friday that rather than tariffs, tax reform is the key to boosting U.S. manufacturing.
Alaska Air (ALK) 1Q 2025 earnings
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected bookings. Alaska said […]
A cruel summer looms, but here’s why JPMorgan still expects a higher S&P 500 finish this year
The mood will improve later in 2025 as tariff angst eases, and focus turns to tax cuts and deregulation
As Trump targets nonprofits, wealthy donors wary of stepping up giving
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. Wealthy philanthropists are grappling with a new landscape for giving, as government cuts create more funding needs but political battles make […]
Hasbro China tariffs could cause up to $300 million impact
Hasbro board games are seen for sale at a Target store in Austin, Texas, on Dec. 12, 2023. Brandon Bell | Getty Images If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to its bottom line. The toy maker posted better-than-expected […]
