Business news
- Saks Global announces new CEO as it reportedly prepares for bankruptcy - The company was created in July 2024 after Hudson's Bay Co. acquired Neiman Marcus.
- Some ETFs compete on price — but fees shouldn't always 'drive the investment decision,' analyst says - While exchange-traded funds with lower fees let you keep more investment gains, cost may not always be the most important factor to consider, experts say.
- Musk's xAI faces backlash after Grok generates sexualized images of children on X - Users on X raised concerns over explicit content of minors being generated using Musk's Grok tool.
- RH, Wayfair shares rise after Trump delays furniture tariffs again - Shares of furniture retailers rose in early Friday trading after President Donald Trump delayed an increase in tariffs.
- What's the difference between trading and investing? It's more than time horizon - There are more subtle distinctions that all begin with your mindset.
- 'Queen City' Charlotte was the king of the stock market in 2025 - Lithium and steel outshined A.I. in 2025, at least when it comes to CNBC's exclusive Power City Indexes.
- Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025 - Citadel's flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm's returns.
- Ilya Lichtenstein, Bitcoin hacker behind massive crypto theft, credits Trump for early prison release - Ilya Lichtenstein had been sentenced to five years in prison after pleading guilty and admitting to the hack of crypto assets valued in the billions of dollars.
- Chip stocks rally to start 2026 after third-straight winning year - Investors piled into the winning artificial intelligence-adjacent sector following another big year of gains.
- Berkshire Hathaway shares dip as Warren Buffett exits and Greg Abel era begins - Investors digested the formal end of Warren Buffett's six-decade tenure as chief executive and the start of a new era under successor Greg Abel.