New York mayoral candidate, State Rep. Zohran Mamdani (D-NY) speaks to supporters during an election night gathering at The Greats of Craft LIC on June 24, 2025 in the Long Island City neighborhood of the Queens borough in New York City. Michael M. Santiago | Getty Images Shares of New York regional bank Flagstar slid…
A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport on May 16, 2025 in Arlington, Virginia. Kevin Carter | Getty Images ARLINGTON, Texas — Southwest Airlines is considering airport lounges, more premium seating and even long-haul international flights to win over high-spending customers, CEO Bob Jordan said Wednesday. “Whatever customers need in…
The New York Stock Exchange in lower Manhattan on Nov. 24, 2020 in New York City. Spencer Platt | Getty Images News | Getty Images The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the…
The S & P 500 is inching closer to a new all-time high, but chart experts are wondering if the rally is broad enough for more than a head fake. The broad index finished Tuesday’s session less than 1% below its record high. If the S & P 500 topped that threshold, it would mark…
Check out the companies making the biggest moves midday: AeroVironment — The defense contractor rallied more than 22% after reporting better-than-expected results for its fiscal fourth quarter. AeroVironment earned $1.61 per share, excluding certain items, on revenue of $275.1 million. Analysts polled by FactSet expected a profit of $1.38 per share on revenue of $241.5…
Risk stocks are back in vogue as the S & P 500 sits on the cusp of a new high. Animal spirits are again taking the market reign as investors’ fears have taken a breather, largely due to President Donald Trump walking back some of his most extreme tariff policies and the administration making progress…
2026 Chevrolet Corvette ZR1X with Carbon Aero package GM DETROIT — General Motors is once again expanding its Corvette lineup with a new high-performance, hybrid variant of the quintessential American sports car. The Detroit automaker on Tuesday revealed the 2026 Chevrolet Corvette ZR1X “hypercar” — a souped-up version of the Corvette E-Ray hybrid that went…
Wedbush Securities’ Dan Ives, who launched an artificial intelligence exchange-traded fund this month, sees software as the subcategory to watch within the space. According to Ives, it’s experiencing a “golden age.” “Software is going to be driving … a lot of the use cases,” the firm’s global head of technology research told CNBC’s “ETF Edge”…
An exterior view of an Ulta Beauty store at the Monroe Marketplace Shopping Center. Paul Weaver | SOPA Images | Lightrocket | Getty Images Ulta Beauty said on Wednesday its finance chief Paula Oyibo has quit the role after a little over a year and named insider Chris Lialios as its interim CFO. Oyibo joined…
Houses undergo construction in a neighborhood on April 17, 2025 in Austin, Texas. Brandon Bell | Getty Images Sales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally-adjusted, annualized basis, according to the U.S. Census. That sales total was 6.3% lower than May 2024 and well below…
