Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.
High-cost weight loss drugs boost nutrition counseling with employers
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro. Picture Alliance | Getty Images A few years ago, when Virta Health founder and CEO Sami Inkinen approached employers about leveraging the company’s nutrition-oriented digital diabetes program for obesity-related weight loss, most companies weren’t ready to commit. Now, more employers are all in on nutritional counseling […]
Shares in TikTok’s rivals gain as Supreme Court weighs U.S. ban for social-media app
The shares of publicly traded companies that compete with TikTok were gaining Friday as the video-sharing platform’s attorney faced tough questions from Supreme Court justices during oral arguments over a law that could ban the service in the U.S. on national-security grounds.
Delta Air Lines (DAL) 4Q 2024 earnings
Ed Bastian, CEO of Delta Airlines, speaking on CNBC’s Power Lunch on Dec. 17th, 2024. Adam Jeffery | CNBC Delta Air Lines‘ first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier’s best ever. Delta said it […]
Jensen Huang crushed the quantum stocks, and now the so-called ‘Pharma Bro’ is going for the kill
Martin Shkreli says he’s short the likes of Rigetti Computing as market resembles the dotcom bubble
Sierra Space CEO Tom Vice leaves the company
Tom Vice, CEO of Sierra Space, talks to employees in front of the company’s Dream Chaser space plane on Oct. 30, 2023 in Louisville, Colorado. Helen H. Richardson | Denver Post | Getty Images Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman […]
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.
Online holiday spending rises with discounts, AI chatbots, Adobe says
Alistair Berg | Digitalvision | Getty Images Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases. Sales on retailers’ websites and apps totaled $241.4 billion from Nov. 1 to Dec. 31, according to Adobe. The company’s […]
Stellantis reveals redesigned Ram heavy-duty trucks
2025 Ram 2500 Heavy Duty Ram DETROIT — Stellantis has redesigned its large Ram heavy-duty trucks — and it’s betting those updates will help reverse three consecutive years of sales declines for the brand. The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a […]
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.
