President Trump’s tariffs are adding to higher beef prices, along with drought and parasites in a stressed U.S. beef supply chain.
Sotheby’s CEO sees ‘very strong demand’ ahead of $1.4 billion art auctions
The fall auction sales in New York next week are expected to top $1.4 billion, marking a 50% increase from last year, according to art experts.
Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
Fed Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in the bag.
Stocks making the biggest moves midday: Walt Disney, Sweetgreen, Cisco, Planet Fitness and more
These are the stocks posting the largest moves in midday trading.
TKO, Polymarket strike multiyear deal to integrate prediction markets into UFC events
The deal makes UFC and Zuffa Boxing the first sports organizations to incorporate prediction market technology into live events.
Stocks making the biggest moves premarket: Walt Disney, Cisco Systems, Firefly Aerospace and more
These are the stocks posting the largest moves in early trading.
Prada says Milan listing still on the table — but won’t commit until timing is ‘six months away’
Prada CFO Andrea Bonini sat down with CNBC’s Charlotte Reed to chat also Miu Miu, the Chinese and U.S. markets, and succession plans.
Stocks making the biggest moves after hours: Cisco, Flutter Entertainment, Firefly and more
These are the stocks posting the largest moves in extended trading.
Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts
Collins on Wednesday said she will be reluctant to support further interest rate cuts anytime soon with inflation still high.
Skims valued at $5 billion after new funding round as it accelerates store expansion
Kim Kardashian’s Skims raised $225 million from Goldman Sachs, valuing the brand at $5 billion. The capital will fund expansion and could delay an expected IPO.