adminNew cars are increasingly a luxury amid K-shaped economy concerns
A General Motors Co. Chevrolet Blazer electric vehicle at a dealership in Colma, California, Jan. 23, 2026. David Paul Morris | Bloomberg | Getty Images DETROIT — American consumers are…
Democratic states seek to hike taxes on the wealthy
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,…
Eli Lilly plans $3.5 billion Pennsylvania plant for obesity drugs
Eli Lilly Chair and CEO Dave Ricks speaks during a press conference in Houston, Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Friday said it will spend more…
American Express wants even more credit card high spenders
American Express announces the new platinum business card. Courtesy: American Express American Express is finding that even for a provider of credit cards to the affluent, it pays to focus…
GameStop CEO Ryan Cohen targets consumer mega deal
GameStop wants to acquire a publicly traded consumer company that’s far larger than the video game retailer in a deal that could be “transformational” for the company, CEO Ryan Cohen…
Kraft Heinz, Kellogg breakups show Big Food is getting smaller
Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News |…
Ford to record $600 million pension charge in fourth quarter
A 2025 Ford Lightning electric vehicle (EV) at a Ford dealership in Antioch, California, US, on Thursday, Dec. 18, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT —…
Eli Lilly CEO David Ricks talks Medicare coverage of obesity pills
Eli Lilly CEO Dave Ricks on Friday said upcoming Medicare coverage of obesity drugs could be a major catalyst for the rollout of the company’s closely watched experimental weight loss…
Movie sequels are falling flat
Moviegoers will find a wealth of familiar franchises on the big screen this year. It may not be enough to save the box office. New entrants from popular film series…
Super Bowl ad prediction market contracts raise insider trading worry
The Super Bowl 60 logo on a Santa Clara Valley Transportation Authority light rail car in Santa Clara, California, Dec. 29, 2025. Aaron M. Sprecher | Getty Images Sport |…
