U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled Friday in a 6-3 decision that tariffs unilaterally imposed by…
A person carrying a U.S. flag walks outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025. Nathan Howard | Reuters The Supreme Court on…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Equinox’s $40,000-a-year membership has a waiting list of more than 1,000 people, as demand for luxury health and wellness programs soars, according to…
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted consumer spending, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday. Gross domestic produce rose at an annualized rate of just 1.4%, according to the Commerce Department, well…
Meta CEO. Mark Zuckerberg and Apple Inc. CEO, Tim Cook. Jon Putman | Anadolu | Al Drago | Bloomberg | Getty Images Tech’s child safety record is under a microscope. In legal proceedings spanning California, New Mexico and West Virginia this week, Meta CEO Mark Zuckerberg and Apple CEO Tim Cook are facing questions about…
Customers near a Ford Maverick pickup truck at a Ford dealership in Richmond, California, US, on Wednesday, April 16, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT – The strength of the U.S. automotive industry will face an early test this spring that has nothing to do with cars or trucks. With tax…
Check out the companies making headlines before the bell. Grail — Shares cratered 47% after the company said a trial of one of its drugs missed its primary endpoint and failed to show statistically significant Stage III-IV cancer reduction. Blue Owl Capital — Shares slid nearly 3%, a day after after the private market and…
HSBC believes that softer guidance and reduced momentum limit upside for Walmart . The bank downgraded the big box retailer to a hold rating from buy. Analyst Joe Thomas raised his price target to $131 from $122, though that only implies upside of 5% from here. The downgrade comes after Walmart reported a fourth-quarter earnings…
An assortment of Bath & Body Works products. Courtesy of Bath & Body Works Bath & Body Works Champagne Toast body wash, with no minimum shipping threshold, is now just a click away for Amazon Prime members. The mall-favorite brand is making some of its best-selling fragrances, body washes, hand soaps and candles available for…
US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no…
