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Housing numbers point to an unusually strong buyer’s market. There’s a catch

Housing numbers point to an unusually strong buyer’s market. There’s a catch

A home is shown for sale in The Heights in Houston, Monday, Oct. 27, 2025. Kirk Sides | Houston Chronicle | Getty Images This is the strongest buyer’s market in housing in more than a decade. That’s the headline on a new report from Redfin, a real estate brokerage owned by Rocket Companies. The report […]

Housing numbers point to an unusually strong buyer’s market. There’s a catch Read More »

Klimt painting sells for record 6 million, reviving hopes for the art market

Klimt painting sells for record $236 million, reviving hopes for the art market

People talk near the Leonard A. Lauder Collection (Portrait of Elisabeth Lederer) during a preview of the auction house Sotheby’s new headquarters in Manhattan, New York City, U.S., November 7, 2025. Eduarod Munoz | Reuters Gustav Klimt’s “Portrait of Elisabeth Lederer” sold at Sotheby’s Tuesday night for $236.4 million, making it the second-most expensive painting

Klimt painting sells for record $236 million, reviving hopes for the art market Read More »

Target cuts profit outlook as shoppers look for deals, make fewer store trips

Target cuts profit outlook as shoppers look for deals, make fewer store trips

The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target posted a drop in quarterly sales and lowered its full-year profit guidance on Wednesday as the big-box retailer saw choppy spending and shoppers hunting for value. Despite its ongoing

Target cuts profit outlook as shoppers look for deals, make fewer store trips Read More »

Lowe’s beats on quarterly sales, but lowers full-year profit forecast amid economic uncertainty

Lowe’s beats on quarterly sales, but lowers full-year profit forecast amid economic uncertainty

In an aerial view, a customer enters a Lowe’s store on May 21, 2025 in Cotati, California. Justin Sullivan | Getty Images Lowe’s on Wednesday posted a year over year sales increase for the quarter, but the company lowered its full-year profit outlook slightly to reflect a tougher economic backdrop. The home improvement retailer now

Lowe’s beats on quarterly sales, but lowers full-year profit forecast amid economic uncertainty Read More »

Netflix is finally leaning into a key piece of the media playbook: Merchandising

Netflix is finally leaning into a key piece of the media playbook: Merchandising

People linger in the restaurant of the Netflix House experience center. Andrej Sokolow | Picture Alliance | Getty Images Netflix was the early leader in streaming. It’s been later to another crucial piece of the media playbook — merchandising and live events. The streamer has only recently begun adopting tried-and-true marketing methods that have been

Netflix is finally leaning into a key piece of the media playbook: Merchandising Read More »

Property Play: BXP chief says the office sector has bottomed, but buildings still need to be demolished

Property Play: BXP chief says the office sector has bottomed, but buildings still need to be demolished

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 real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The U.S. office

Property Play: BXP chief says the office sector has bottomed, but buildings still need to be demolished Read More »

Panera lost diners by cutting portions and staff. It’s reversing course to win them back

Panera lost diners by cutting portions and staff. It’s reversing course to win them back

A Panera Bread sign hangs on the exterior of the restaurant on July 25, 2025 in Miami, Florida. Joe Raedle | Getty Images When Panera Bread began shrinking its sandwiches and skimping on salads, it started shedding customers. Now, to win them back, the chain plans to reinvest in the business and undo many of

Panera lost diners by cutting portions and staff. It’s reversing course to win them back Read More »

Home Depot cuts earnings outlook as home improvement demand falls short of expectations

Home Depot cuts earnings outlook as home improvement demand falls short of expectations

Home Depot on Tuesday cut its full-year profit forecast and missed Wall Street’s earnings expectations for the third straight quarter as it saw weaker home improvement demand, tepid consumer spending and lower-than-usual storm activity. The retailer said it now expects full-year sales will climb about 3% and comparable sales, which take out the impact of

Home Depot cuts earnings outlook as home improvement demand falls short of expectations Read More »

FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows

FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows

Budrul Chukrut | SOPA Images | Lightrocket | Getty Images FanDuel and DraftKings on Tuesday said they are quitting the American Gaming Association, the leading trade organization representing casinos, gaming manufacturers and sportsbooks. In separate announcements, the companies said they were abandoning their AGA memberships because the direction of online betting — increasingly tied to

FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows Read More »

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