The defending Super Bowl champions are up for sale. After weeks of speculation and rumors, the Seattle Seahawks will be sold, the team announced Wednesday. “The Estate of Paul G. Allen today announced it has commenced a formal sale process for the Seattle Seahawks NFL franchise, consistent with Allen’s directive to eventually sell his sports…
Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now but could resume later in the year only if inflation cooperates. While the decision to hold the central bank’s benchmark rate steady mostly was met with approval, the path ahead appeared less certain, with members conflicted…
Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13% on an upbeat outlook . Wingstop said it sees flat to low-single digit domestic same-store sales growth for fiscal 2026. In the fourth quarter, the company’s same-store sales declined 5.8% on a year-over-year basis, coming…
FILE PHOTO: The Pentagon is seen from the air in Washington, U.S., March 3, 2022. Joshua Roberts | Reuters Anthropic is at odds with the Department of Defense over how its artificial intelligence models should be used, and its work with the agency is “under review,” a Pentagon spokesperson told CNBC. The five-year-old startup was…
Puerto Rican artists Residente and Bad Bunny are teaming up to tell the story of their home in an original historical drama. René Pérez Joglar, the Grammy winner known professionally as Residente, will make his directorial debut with “PORTO RICO,” filmmakers and producers said Wednesday. Bad Bunny, the artist born Benito Antonio Martínez Ocasio, is…
The San Francisco 49ers will return to Mexico City to play a regular-season game this season, the NFL said Wednesday. The date and opponent are yet to be determined, but the game will be played in the renovated Azteca Stadium, which was recently renamed Banorte. The stadium has been closed for renovations since May 2024…
When we hear about consumer discretionary, we typically think of the biggest names — Amazon and Tesla , which of course dominate the State Street Cons Disc Sel Sect SPDR Income ETF (XLY) and account for nearly 40% of the sector. But overall, it has more than 70 components, some of which have been doing…
Donald Trump Jr. on Wednesday called traditional banking a “Ponzi scheme” that effectively forced the Trump family to start its crypto venture World Liberty Financial after banks closed the family company’s accounts in early 2021. “You know, we didn’t get into crypto because we were on the leading edge,” Trump Jr. told CNBC’s Sara Eisen…
Digital transformation and reskilling are challenges during the best of times, but Ukraine’s wartime achievements with technology deployment for its citizenry are a unique success story. Despite the full-scale Russian invasion, which happened nearly four years ago and continues to this day, the Ukrainian government has continued working towards President Volodymyr Zelenskyy’s goal of building…
DAYTONA BEACH, Fla. — Nate Bargatze considered squeezing a big, dumb joke into his command for drivers to start their engines at the Daytona 500. “At first, I thought about doing like, how many feet are in 500 miles,” Bargatze said. “Nobody knows.” Bargatze laughed when he said the proposed joke, which is a riff…
