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Soaring stocks created 2 million new millionaires last year
Aerial view of yachts moored in the Port Vell marina of Barcelona, SpainBusà Photography | Moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the…
Sellers delisting homes at fastest pace since 2020
Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty ImagesMore frustrated home sellers were giving up, right in the midst of the all-important spring market, according to new…
Markets in ‘greed’ mode as AI firms ready IPOs
Goldman Sachs CEO David Solomon said Tuesday that investors have shifted decisively into "greed" mode as markets are poised to test an unprecedented fundraising wave for giant artificial intelligence firms. Asked by CNBC's Leslie Picker…
McDonald’s MCD unveils growth strategy
People walk by a McDonald's restaurant on March 11, 2026 in Las Vegas, Nevada. Kevin Carter | Getty ImagesMcDonald's on Monday unveiled its latest global growth strategy to help the fast-food giant become customers' first choice as it…
Why Trump is encouraging psychedelics for mental health
Marie Phelan said she had never heard of MDMA before spotting a flyer seeking veterans suffering from post traumatic stress disorder.Now, she says the psychoactive drug more commonly known as ecstasy or molly has changed the trajectory…
Investors, labels buy into growing South Asian music business in U.S.
When music executive Anjula Acharia began launching superstar actress Priyanka Chopra Jonas into Hollywood in the early 2000s, her label partner Jimmy Iovine — the name behind pop sensations such as Eminem and Lady Gaga — told her she…
Disney’s ABC files early FCC broadcast licenses renewal
Brendan Carr, commissioner at the Federal Communications Commission (FCC), during a Senate Commerce, Science, and Transportation Committee oversight hearing in Washington, DC, US, on Wednesday, Dec. 17, 2025. Kent Nishimura | Bloomberg |…
New York passes Mamdani’s pied-a-terre tax. Who pays and how much
The 220 Central Park South building, center, stands in New York, U.S., on Wednesday, Jan. 23, 2019. Just days after buying one of the most expensive residential properties in London, Citadel founder Ken Griffin set a U.S. record with the…
Lululemon settles proxy battle with founder Chip Wilson
People walk past a Lululemon store on April 03, 2025 in Miami Beach, Florida. Joe Raedle | Getty ImagesLululemon is ending its feud with founder Chip Wilson. The athletic apparel company entered into an agreement with Wilson on Wednesday…
American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi
Anadolu | Anadolu | Getty ImagesAmerican Airlines plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musk's SpaceX unit that has made inroads with major carriers for in-flight…