A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings…
Will & Deni Mcintyre | Corbis Documentary | Getty Images The SAVE plan is officially defunct, but millions of student loan borrowers remain enrolled in the program — a decision that may cost them greatly. After lengthy legal battles, a federal appeals court earlier this month ordered the end of the Saving on a Valuable…
Contract, woman and advisor in office for signature, information or document for job application. Advice, client or human resource agent with paperwork for registration, opportunity or deal agreement Jacob Wackerhausen | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…
A Delta Air Lines Boeing 757-200 plane passes by the U.S. Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport on Sunday, November 9, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images No sky perks for you! Delta Air Lines suspended its airport escorts and…
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 Tuesday that while the Iran war poses near-term risks, it may ultimately improve the prospects for…
With the Iran war in its fifth week, consumers are getting hit hard by surging energy costs. Now, some lawmakers are warning of the potential for price gouging, even as experts point to extreme supply shocks. Traffic through the Strait of Hormuz, a critical maritime shipping route for global oil supplies, remains effectively at a standstill, causing the biggest…
United Airlines aircraft at Denver International Airport, Aug. 4, 2023. Antonio Perez | Chicago Tribune | Tribune News Service | Getty Images LOS ANGELES — United Airlines‘ formula for higher profits: fewer but better seats. The country’s second-most profitable carrier after Delta Air Lines on Tuesday unveiled new cabin designs, including on some of its…
Vesnaandjic | E+ | 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 public companies. Sign up to receive future editions, straight…
Gap is partnering with Google’s Gemini to allow shoppers to check out directly within the AI platform, making it the first major fashion company to work directly with the tech company to fuel agentic commerce, CNBC has learned exclusively. The partnership comes as more and more shoppers move away from traditional search and toward artificial…
Some lawmakers want to expand retirees’ options for making charitable donations from their individual retirement accounts. Under current tax law, anyone who’s at least age 70½ can make what’s known as a qualified charitable distribution, or QCD, which is a direct transfer from an IRA to an eligible nonprofit. A new bipartisan Senate bill would…