Fast fashion is a major environmental offender, requiring massive water consumption, and producing high carbon emissions and pollution. It also leads to a surge in microplastic and textile waste. One result has been a boom in thrifting. But recycling old clothing into new items presents a much bigger challenge. The fashion industry accounts for anywhere […]
Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty Images Weak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market. Close to 85,000 U.S. sellers took their homes off the
Sellers are taking their homes off the market at the fastest pace in nearly a decade Read More »
A Dick’s Sporting Goods store in Pleasant Hill, California, US, on Monday, Nov. 24, 2025. David Paul Morris | Bloomberg | Getty Images Dick’s Sporting Goods is planning to close a slew of Foot Locker stores now that its acquisition of the sneaker company is complete, the company said Tuesday when announcing fiscal third-quarter earnings. Â
Dick’s Sporting Goods to shutter some Foot Locker stores to protect profits Read More »
Modern urban condos in Chattanooga, Tennessee Marcia Straub | Moment | 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 real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large
Multifamily housing leads CRE bid competition in October Read More »
An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024. Spencer Platt | Getty Images Shares of Abercrombie & Fitch soared 16% in premarket trading on Tuesday after the company posted 7% growth in quarterly sales and issued its holiday guidance. Abercrombie, which runs its namesake brand and
Abercrombie shares soar 18% on Hollister growth, strong earnings beat Read More »
A Best Buy store in Pinole, California, US, on Monday, Nov. 24, 2025. Best Buy Co. is expected to release earnings figures on November 25. David Paul Morris | Bloomberg | Getty Images Best Buy hiked its full-year forecast Tuesday, as it topped Wall Street’s quarterly sales expectations and customers turned to the retailer to
Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices Read More »
CNBC’s Jim Cramer said Monday that Amazon ‘s AI-powered retail business is a vertical that “can’t be challenged,” heading into the long Thanksgiving shopping weekend. “I don’t see OpenAI challenging Amazon retail,” Cramer said on ” Squawk on the Street .” “They’re not going to stop these guys when it comes to retail.” While OpenAI’s
Tesla sales in China dropped to a three-year low in October, raising concerns the electric vehicle maker could see its first full-year sales decline in the country this year. Fierce competition from local rivals such as NIO and Li Auto — both reporting this week — and a bruising price war in the face of
Here’s what’s behind Tesla’s 3-year sales low in China Read More »
A travelers check flight information at LAX as the shutdown passes the one-month mark, leaving essential workers unpaid in Los Angeles, California, on November 5, 2025. Grace Hie Yoon | Anadolu | Getty Images U.S. airlines are predicting another record Thanksgiving holiday travel period and are upbeat now that the travel-snarling government shutdown has ended.
U.S. President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin Hotel in Washington, D.C., U.S., Nov. 17, 2025. Evelyn Hockstein | Reuters President Donald Trump on Monday said that California Gov. Gavin Newsom is “laying siege on the minimum wage.” Trump’s comments at the McDonald’s Impact Summit likely referred to California’s
