Posts by CNBC (old posts, page 53)
Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from homebuyers concerned about the economy.
Back-to-school spending persists despite economic pressure, consumer survey says
Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey.
McDonald's and Krispy Kreme will end doughnut partnership next month
Krispy Kreme and McDonald's are ending their collaboration for good, saying the deal was not profitable for the doughnut chain.
Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base
Airlines diverted flights in the Middle East on Monday after Iran's armed forces said the country launched a missile strike on a U.S. military base in Qatar.
How Fanatics is teaching business acumen to pro athletes
More than two dozen NBA, NFL and NHL players participated in Fanatics' Athlete Immersion Program, featuring prominent CEOs and business leaders.
Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 34%
Novo Nordisk said Hims & Hers has "failed to adhere to the law which prohibits mass sales of compounded drugs" under the "false guise" of personalization.
Major U.S. health insurers say they will streamline controversial process for approving care
Insurers such as CVS and UnitedHealthcare will implement the changes across commercial, Medicare and Medicaid plans, benefiting 257 million Americans.
The flight patterns of private-jet setters are changing, says NetJets president
Despite uncertainty in markets and geopolitics, Patrick Gallagher told CNBC that the summer travel season is shaping up to be another strong one for NetJets.
Fed Governor Bowman favors July interest rate cut if inflation stays low
Bowman is the second central banker in recent days to suggest tariffs are likely to have a temporary and muted impact on prices.
May home sales increase very slightly, but prices hit another record high
Sales of existing homes rose very slightly in May from April but were still weaker than they were a year ago. Prices rose, hitting a record high for May.