Ultra-wealthy millennials and Gen Zers to displace boomers by 2040

Young cheerful lady enjoying on poolside. Resting in spa hotel in pine forest in summertime. Swimming pool in tourist resort. Joyful woman on vacations, female wellbeing. Oleg Breslavtsev | Moment…

Peloton revamps equipment, raises prices ahead of holidays

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…

Government shutdown means opportune timing

The timing of Neptune Insurance Holdings’ IPO couldn’t be more opportune. Neptune, the nation’s largest private flood insurance, debuts on the New York Stock Exchange Wednesday under the ticker symbol…

Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Strong electric vehicle sales are leading…

Trump late night TV threats spell trouble for advertisers

A sign is displayed outside the El Capitan Entertainment Centre in Hollywood where the “Jimmy Kimmel Live!” show will be recorded on the first night the show will return to…

Nike (of) Q1 2026 Earnings

Nike on Tuesday posted surprise sales growth in its fiscal first quarter but said it still has work ahead to execute its turnaround as it warned it expects sales to…

Spirit Airlines on track for a $475 million bankruptcy lifeline

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News |…

Versant adds WNBA media deal to its growing sports portfolio

Breanna Stewart, #30 of the New York Liberty, dribbles the ball against Napheesa Collier, #24 of the Minnesota Lynx, in the fourth quarter during Game Three of the WNBA Finals…

Hertz takes almost all of used car sales process online

Rental company Hertz said Tuesday it is updating its online shopping website to allow customers to secure financing, get a trade-in offer and do just about everything else a buyer…

Why production has left Hollywood

The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images There was a time when Hollywood simply referred to a neighborhood…