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Political ad spending expected to hit new record, surpassing 2022 midterms by 20%

Political ad spending expected to hit new record, surpassing 2022 midterms by 20%

(L-R) Mikayla Newton and Katerra Jones, reporters with the Prince George’s County during a news broadcast on May 15, 2025 in Largo, MD. Michael A. McCoy | The Washington Post | Getty Images Spending on political advertisements is projected to hit a new record, with this midterm season expected to reach a total of $10.8 […]

Political ad spending expected to hit new record, surpassing 2022 midterms by 20% Read More »

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states

Taylor Swift attends the 67th GRAMMY Awards on February 02, 2025 in Los Angeles, California. Frazer Harrison | Getty Images Entertainment | Getty Images A version of this article 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.

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states Read More »

Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe

Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe

The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump.  For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty-free and with less oversight. Now,

Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe Read More »

From ‘cheap food and curry houses’ to upscale dining: The rise of Indian restaurants in the U.S.

From ‘cheap food and curry houses’ to upscale dining: The rise of Indian restaurants in the U.S.

Semma restaurant in New York, NY. Courtesy: Steven Hall Executive Chef Vikas Khanna has plated hundreds of thousands of dinners over the past 20 years — and he’s seen firsthand just how much Indian cuisine has evolved in the U.S. Khanna, a world-renowned Indian restaurateur, created Junoon, his high-end Indian restaurant in New York City,

From ‘cheap food and curry houses’ to upscale dining: The rise of Indian restaurants in the U.S. Read More »

Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in  billion deal; KDP stock falls 8%

Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in $18 billion deal; KDP stock falls 8%

Keurig Dr Pepper will acquire Dutch coffee and tea company JDE Peet’s in a roughly $18 billion deal that could give a boost to the U.S. giant’s struggling coffee business, the two companies said Monday. Shares of Keurig Dr Pepper fell roughly 8% in early trading, while the stock of JDE Peet’s closed up 15%

Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in $18 billion deal; KDP stock falls 8% Read More »

Nvidia’s new ‘robot brain’ goes on sale for ,499 as company targets robotics for growth

Nvidia’s new ‘robot brain’ goes on sale for $3,499 as company targets robotics for growth

Jensen Huang, CEO of Nvidia, is seen on stage next to a small robot during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia announced Monday that its latest robotics chip module, the Jetson AGX Thor, is

Nvidia’s new ‘robot brain’ goes on sale for $3,499 as company targets robotics for growth Read More »

Kevin O’Leary says he bought Bryant-Jordan card for record-breaking  million at auction

Kevin O’Leary says he bought Bryant-Jordan card for record-breaking $13 million at auction

Canadian investor Kevin O’Leary revealed on CNBC Monday that he was one of three buyers to snap up the record-breaking Kobe Bryant and Michael Jordan sports card at auction over the weekend. The card, a signed collectible featuring both NBA legends, sold for nearly $13 million, surpassing the previous record for the most-expensive trading card

Kevin O’Leary says he bought Bryant-Jordan card for record-breaking $13 million at auction Read More »

Nvidia faces Wall Street’s high expectations two years into AI boom

Nvidia faces Wall Street’s high expectations two years into AI boom

Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s second-quarter earnings report,

Nvidia faces Wall Street’s high expectations two years into AI boom Read More »

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly‘s stock is still recovering after the drugmaker released trial data earlier this month on its closely watched obesity pill that underwhelmed Wall Street. In a key late-stage trial,

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors Read More »

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy

A Spirit Airlines plane takes off from Oakland International Airport on May 06, 2024 in Oakland, California. Brandon Bell | Getty Images In March, Spirit Airlines came out of bankruptcy protection in less than four months and entered a worsening landscape. Consumers were holding off booking flights and U.S. planes were awash in empty seats.

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy Read More »

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