Bill Franke, co-founder of Indigo Partners and chairman of Frontier Airlines Inc., speaks during an interview in New York, Oct. 28, 2022. Jeenah Moon | Bloomberg | Getty Images SCOTTSDALE, Ariz. — For decades, William Augustus Franke, Frontier Airlines‘ chairman and a serial airline investor, made a killing selling cheap plane tickets and charging fees…
Florent Latour, CEO of the largest owner of Grand Cru vineyards in Burgundy, spent the summer praying for rain. “We felt we were so close,” Latour, who’s head of Maison Louis Latour, told CNBC. “Just a bit more rain would have produced a fantastic harvest on both counts, but we had to settle for quality,…
A shopper browses near ‘Sale’ signs in the meats section of a grocery store. According to a new Guardian poll, 95 percent of Americans think that the United States is in the midst of an affordability crisis with many reporting trouble affording necessities like gas and groceries. Mario Tama | Getty Images News | Getty…
Oscar Wong | Moment | Getty Images Many federal student loan borrowers could see their monthly bills double or even triple in the coming weeks if they don’t exit a now-defunct affordable repayment plan. Earlier this year, the Trump administration alerted borrowers that they’d have roughly 90 days to transition from the Saving on a…
Macklemore’s removal from Ed Sheeran’s tour is having ripple effects on the ticket market. Ticket prices for an upcoming Macklemore performance are climbing after the rapper was dropped from the remainder of Sheeran’s Loop tour for making pro-Palestine comments onstage earlier this month. Meanwhile, secondary market prices for the remainder of Sheeran’s concerts have dipped….
President Donald Trump greets Vice President of China Han Zheng as SpaceX CEO Elon Musk, U.S. Ambassador to China David Perdue and Nvidia CEO Jensen Huang look on at Beijing Capital International Airport on May 13, 2026. Alex Wong | Getty Images The American automotive industry wants President Donald Trump to maintain policies that make…
French soccer phenom Kylian Mbappé signed his new endorsement deal with On after Nike chose not to renew its deal with the international superstar, a source familiar with the matter told CNBC. Earlier Friday, the Swiss sportswear company On said it reached an agreement with Mbappé, marking the brand’s first signing in football. The company…
Close-up of fast food packaging with Wendy’s logo. Smith Collection/gado | Archive Photos | Getty Images Meritage Hospitality, one of Wendy’s largest U.S. franchisees, filed for Chapter 11 bankruptcy protection on Thursday. The filing comes as the burger chain has struggled to win over diners who have become increasingly focused on value. For six straight…
A version of this article first appeared in ″CNBC’s Money 101 newsletter with Sharon Epperson,″ an eight-week series with monthly updates to help improve your financial well-being. Subscribe now to receive the series in your inbox. It is also available in Spanish. The AI trade has been volatile this week as investors weigh questions about…
A person holds a sign reading “Save Our Social Security” during a rally against President Donald Trump’s tax plan, near the Capitol in Washington, April 10, 2025. Bryan Dozier | Afp | Getty Images Senators elected this November are slated to be in office in the fourth quarter of 2032 — the projected depletion date…