The entrance to the Peloton offices in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Peloton on Wednesday said it’s relaunching its product assortment, introducing a commercial equipment line and raising prices for both subscriptions and hardware as the company looks to reignite growth ahead of the holiday shopping season. The revamped assortment includes…
John and Ruth Mullen. Courtesy: John Mullen John Mullen, president and CEO of Parsons Capital Management — which ranked No. 1 on CNBC’s list of the top 100 financial advisors in the U.S. for 2025 — is well-versed in the struggle for equal treatment. Mullen said his first exposure to financial advising was through his mother, Ruth,…
Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on Tuesday, Sept. 30, 2025. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — “A lot of surprises.” That’s how Ford Motor CEO Jim Farley described his past five years leading the Detroit automaker, which he…
Bitcoin ticked higher on Wednesday while most other risk assets fell after U.S. lawmakers failed to reach a government funding agreement, leading to a shutdown. The move showed the evolving view of the cryptocurrency to a store of value during dysfunctional geopolitical times, not unlike gold, which rose to a record on Wednesday. The flagship…
A view of the U.S. Capitol building a day before a partial government shutdown is scheduled to take place, on Capitol Hill in Washington, D.C., U.S., September 30, 2025. Annabelle Gordon | Reuters Premiums for health plans purchased over the Affordable Care Act marketplace will more than double in 2026 if enhanced subsidies expire at…
A sign warns about a no-fly zone in Copenhagen, Denmark, on September 29, 2025. From Monday, September 29, through Friday, October 3, all civilian drone flights are prohibited in Danish airspace in connection with the EU summit. Nurphoto | Nurphoto | Getty Images The creation of a drone wall in Europe is likely to be…
Spain’s IBEX equity index has posted a return of nearly 10% over the last few weeks, way above its continental peers. <
U.K. stocks have been on a tear this year, outperforming their European counterparts and even rivaling their U.S. peers. The FTSE 100 index is up over 14.4% so far over the year-to-date, compared to the pan-European Stoxx 600′ s 9.96% and the S & P 500 ‘s 13.7%. It’s a welcome uplift for a market…
India’s central bank kept its policy rate unchanged at 5.5% Wednesday, in line with the expectations of economists polled by Reuters, as it assessed the impact of earlier cuts. Inflation moderated significantly in the first quarter, but growth could decelerate in the second half of the financial year due to global trade uncertainties, said Sanjay…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca —…
