American Eagle launches AE x Tru Kolors by Travis Kelce. Courtesy: American Eagle Shares of American Eagle rose Wednesday morning after the apparel company announced a collaboration with football star Travis Kelce, just a day after and singer Taylor Swift announced their engagement. The stock was up roughly 5% in early trading. Kelce’s sportswear brand,…
Visitors and salesmen stand at the booth of Swiss luxury watchmaker and jeweler Piaget, during the “Watches and Wonders Geneva” luxury watch fair, on April 1, 2025. Fabrice Coffrini | Afp | Getty Images Jamie and her husband are traveling to Switzerland in December for a ski vacation. But hitting the slopes isn’t the only…
A person walks past Banksy-style posters of a protester throwing a sandwich on August 21, 2025 in Washington, DC. Kevin Dietsch | Getty Images Federal prosecutors failed to secure a grand jury indictment against a former Department of Justice employee who allegedly hurled a Subway sandwich at a U.S. Customs and Border Protection officer in…
A Cracker Barrel sign featuring the old logo is seen outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images Shares of Cracker Barrel Old Country Store rose roughly 7% Wednesday after the restaurant chain said it would scrap its new logo and return to the original one, amid…
New York Federal Reserve President John Williams on Wednesday stressed the importance of central bank independence as President Donald Trump looks to exert control over monetary policy. In a CNBC interview, the influential policymaker avoided commenting directly on Trump’s efforts to fire Fed Governor Lisa Cook but did note the important economic role the central…
Long-term U.S. Treasury yields continued to move higher on Wednesday following the latest effort by President Donald Trump to take charge of the Federal Reserve. The 30-year Treasury yield rose more than 4 basis points to 4.952%, and the 10-year Treasury yield was more than 2 basis points higher at 4.281%. The 2-year yield was lower by…
Housing block in Warsaw, Poland Busà Photography | Moment | Getty Images 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…
Check out the companies making headlines before the bell: MongoDB — The database platform developer soared 30% after its latest results beat Wall Street analysts’ estimates. MongoDB reported adjusted earnings of $1 per share on revenue of $591 million, above the consensus as compiled by LSEG of 66 cents per share on revenue of $556…
Here are Wednesday’s biggest calls on Wall Street: Cantor Fitzgerald initiates CoreWeave as buy Cantor said it’s bullish on shares of CoreWeave. “We believe CoreWeave should benefit from secular growth trends in AI, specifically large language model (LLM) training and inference based usage, as an enabling software-driven AI-focused hyperscaler, comfort in near-term demand/supply imbalance, and…
An Abercrombie & Fitch store in New York, US, on Monday, Aug. 19, 2024. Abercrombie & Fitch Co. is scheduled to release earnings figures on August 28. Photographer: Yuki Iwamura/Bloomberg via Getty Images Yuki Iwamura | Bloomberg | Getty Images Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel…
