Trump admin taps JPMorgan alum Matt Zames to advise Social Security agency
Matt Zames, then-chief operating officer of JPMorgan Chase, center, in New York, Feb. 27, 2017. Kholood Eid | Bloomberg | Getty Images Former JPMorgan Chase executive Matt Zames will join the Trump administration as an advisor to the Social Security agency, CNBC has learned. Zames is taking an unpaid position to help his former JPMorgan […]
Why U.S. brands like Nike and Starbucks struggle in China
China was once one of the most attractive and fastest-growing markets for many American brands. With its population of more than 1.4 billion people and massive opportunities for businesses, companies were racing to take advantage of the boon that China could offer. But in recent years, some consumer brands, including Nike, Starbucks and General Motors, […]
Why vaccination rates are falling in the U.S.
Vials of measles-mumps-rubella vaccine are displayed on a counter at a Walgreens Pharmacy in Mill Valley, California, Jan. 26, 2015. Justin Sullivan | Getty Images News | Getty Images Record measles cases and rising childhood vaccine exemptions in the U.S. have fueled concerns that Americans are increasingly turning against vaccines. But the reality may be […]
New York unseats San Francisco as top market for tech talent: CBRE
The Empire State Building, the Chrysler Building and One Vanderbilt are seen among other buildings in midtown Manhattan in New York, Jan. 11, 2024. Angela Weiss | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for […]
California AG: Settling Paramount-WBD suit would require ‘robust’ remedies
California Attorney General Rob Bonta told CNBC’s David Faber on Thursday that the group of states suing to block Paramount Skydance’s acquisition of Warner Bros. Discovery would require “robust structural remedies” to reach a settlement in the antitrust case. “[Paramount] wanted to talk about everything except for what this case is about. They want to […]
How wealthy families can prepare for aging parents, avoid succession crisis
Westend61 | Westend61 | Getty Images 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. Battles over aging parents and their fortunes are becoming increasingly common in wealthy families, with some requiring […]
Where commercial real estate demand is highest, according to NAR data
St. George is a city in and the county seat of Washington County, Utah, United States. Located in southwestern Utah on the Arizona border Denistangneyjr | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the […]
Walmart (WMT) Q2 2027 earnings
Walmart logo sign is seen in Chicago, Illinois, Aug. 3, 2026. Marcin Golba | Nurphoto | Getty Images Walmart is expected to report fiscal second-quarter earnings before the bell on Thursday and offer its latest read on the health of the U.S. consumer. The retailer, which has been leaning into prioritizing value for its lower-income […]
Genesis GV90: Hyundai reveals new all-electric flagship SUV
Genesis GV90 Courtesy Genesis SAN FRANCISCO — Hyundai Motor’s newest luxury flagship vehicle is an all-electric large SUV called the Genesis GV90. The up to seven-seat EV features a new design direction for Genesis and expands the luxury brand’s lineup to seven vehicles in the U.S., as Hyundai continues to grow its sales domestically. The […]
Lowe’s (LOW) Q2 2026 earnings
Lowe’s on Wednesday reported mixed results as the home improvement retailer said it saw “pressure” in spending on projects. Though the company did not cut its full-year guidance, it updated its outlook to the bottom end of its prior guidance. It now expects total sales of $92 billion, compared to $92 billion to $94 billion […]