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Spirit Airlines is in deal talks with investment firm Castlelake as struggling carrier seeks path forward

Spirit Airlines is in deal talks with investment firm Castlelake as struggling carrier seeks path forward

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.  Kevin Carter | Getty Images News | Getty Images Spirit Airlines is in talks with alternative investment firm Castlelake for a potential takeover as the discount airline looks for a path out […]

Spirit Airlines is in deal talks with investment firm Castlelake as struggling carrier seeks path forward Read More »

As Americans buy homes later than ever, Lowe’s aims to win shoppers with family events and influencers

As Americans buy homes later than ever, Lowe’s aims to win shoppers with family events and influencers

Near expansive aisles of home improvement supplies, some of Lowe’s tiniest shoppers worked this Saturday on do-it-yourself projects of their own. The children, some as young as 3, sported miniature versions of the retailer’s signature red aprons while hammering together washing machine-themed piggy banks at the retailer’s kids’ workshop at the company’s store in North

As Americans buy homes later than ever, Lowe’s aims to win shoppers with family events and influencers Read More »

Procter & Gamble earnings top estimates, but shrinking demand weighs on sales

Procter & Gamble earnings top estimates, but shrinking demand weighs on sales

In this photo illustration, the Procter and Gamble logo is seen on a package of Pepto Bismol on June 05, 2025 in San Anselmo, California. Justin Sullivan | Getty Images Procter & Gamble on Thursday reported mixed quarterly results as demand for its Gillette razors and Pampers diapers fell. The company also tweaked its earnings

Procter & Gamble earnings top estimates, but shrinking demand weighs on sales Read More »

When the ultra rich hire family for their private investment firms, what to pay them can be tricky

When the ultra rich hire family for their private investment firms, what to pay them can be tricky

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. Ultra rich families are increasingly using their personal investment firms to bring millennial and Generation Z heirs into the fold. In a tough

When the ultra rich hire family for their private investment firms, what to pay them can be tricky Read More »

Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’

Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Wednesday that he disagreed with President Donald Trump’s approach to immigration, offering a rare public rebuke

Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’ Read More »

Netflix’s advertising strategy shift is starting to pay off

Netflix’s advertising strategy shift is starting to pay off

A drone view shows Netflix logos on buildings in the Hollywood neighborhood in Los Angeles, California, U.S., Jan. 20, 2026. Daniel Cole | Reuters Netflix jumped into the advertising business later than its media peers, but its strategy shift is starting to pay off. This week Netflix reported its fourth-quarter earnings, which were mostly overshadowed

Netflix’s advertising strategy shift is starting to pay off Read More »

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise

President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering banks to voluntarily lower their rates. “I’m asking Congress to cap credit card interest rates at 10% for one year, and this will help millions of Americans save for

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise Read More »

Pending home sales drop sharply in December, dampening 2026 outlook

Pending home sales drop sharply in December, dampening 2026 outlook

An “Open House” sign outside a home in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Stagnant mortgage rates, falling housing supply and ongoing economic uncertainty weighed heavily on homebuyers in December. Pending home sales, a measure of signed contracts on existing homes, dropped 9.3% last

Pending home sales drop sharply in December, dampening 2026 outlook Read More »

Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts

Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts

Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025. Chandan Khanna | AFP | Getty Images JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump’s proposed 10% cap on credit card interest rates in two U.S.

Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts Read More »

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