U.S. and German authorities foiled a Russian assassination plot against Armin Papperger, CEO of Rheinmetall, a German arms firm that makes weapons for Ukraine.
Category Archives: business
As inflation cools, Social Security could pay out a smaller COLA increase
Price growth is cooling across the economy.
Delta says the Olympics will cost it $100 million as travelers skip Paris
For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true.
Redbox set to close as DVD market withers in streaming’s shadow
DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment market.
He plays rich on screen but dreams of full-time work: ‘Why can’t I get a living wage?’
Dough Sharp has a business degree and drove for Lyft and Uber, but steady work has been hard to come by.
NFL open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday.
Pepsi and Delta say consumers are hunting for value
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence that the U.S. economy is likely in for a period of slower economic growth.
More people than ever expected to bet on Summer Olympics after U.S. legal gambling boom
Sportsbooks and daily fantasy operators are preparing for a Summer Olympics bump.
Biden aides keep tight protective grip as allies say he still needs to prove his vigor
After his dismal debate performance, President Joe Biden set out to prove to voters and Democratic leaders alike that he’s not the befuddled politician they may have seen on stage that night.
Inflation is slowing, but the Fed now faces a tough choice on when to cut rates
Amid signs of a weakening labor market, the Federal Reserve now finds itself in a bind: If it cuts interest rates too soon, it could risk reigniting the price increases that have bedeviled the post-pandemic economy.