At a challenging time for the restaurant industry, major chains like Chipotle and Cava are putting money behind automated makelines from startup Hyphen. The San Jose, California-based company aims to help restaurants achieve two key goals in a hyper-competitive environment: speedy throughput and good customer service. The technology makes for a less chaotic and more…
Catherine Delahaye | Digitalvision | Getty Images The first 10 drugs subject to new Medicare price negotiations will go into effect on Jan. 1, prompting substantial out-of-pocket savings for certain older Americans who rely on those medications. Enrollees in Medicare Part D prescription drug plans may see their out-of-pocket costs for the negotiated drugs fall…
Check out some of the stocks posting the biggest moves in midday trading. Molina Healthcare – Shares advanced about 4%. “Big Short” investor Michael Burry in a Substack post noted that the health insurer could be a takeover candidate. He compared it to Warren Buffett’s investment in Geico. Intel – The chip company rose more…
A view of the Consumer Financial Protection Bureau (CFPB) headquarters building in Washington, DC, on Feb. 10, 2025. Saul Loeb | AFP | Getty Images A federal judge on Tuesday rejected a claim by President Donald Trump’s administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting that…
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses. Inflation-weary consumers have pulled back their restaurant spending, choosing to eat at home or chasing deals when they go out for a meal. While some restaurants have won over reluctant diners, the…
Before moving to New York City in 2013, Cintia Diaz didn’t have any professional culinary experience on her resume. At home in the Dominican Republic, she’d cooked for her family, but she was a stranger to the restaurant business. In New York, that quickly changed. Diaz took on various restaurant roles over the years, from…
Mortgage rates are lower, home prices are easing, and there is more supply on the market for sale. All of that adds up to improved affordability for today’s homebuyers. Saving for a down payment, however, is still the biggest hurdle for first-time buyers. Prices nationally are basically flat compared with where they were a year…
While the much-anticipated year-end rally appears to be losing steam, market volatility remains surprisingly compressed. With the VIX hovering at historically low levels, I view substantial pullbacks not as warnings, but as strategic “buy the dip” opportunities. Broadcom (AVGO) fits this bill perfectly. Between Dec. 10 and 17, the stock plunged 22% — its sharpest…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The 2025 economy…
Wall Street is mostly bullish on the market’s performance for next year, but the midterm elections could throw a wrench into that positive outlook. The coming months already hold a number of other catalysts for turbulence, including a new Federal Reserve chair and an expected ruling from the Supreme Court on the legality of President…
