NASCAR CEO Steve O’Donnell said the company has seen “a lot of momentum” after a challenging few years, touting NASCAR’s presence on multiple streaming platforms and the recently announced sequel to “Days of Thunder” as opportunities to raise the company’s profile. The auto racing company CEO, in an interview with CNBC’s Brian Sullivan, credited the…
Kevin Warsh, chairman of the US Federal Reserve, and Andrew Bailey, governor of the Bank of England at the Jackson Hole Economic Symposium in Moran, Wyoming, on Aug. 28, 2026. David A. Grogan | CNBC The Bank of England is widely expected to leave interest rates unchanged on Thursday, despite inflation rising well above its…
A Boeing 737 MAX 10 fuselage is pictured during the opening ceremony for the company’s new North Line assembly line, which will produce 737 MAX aircraft, at the Boeing Everett Factory in Everett, Washington, on July 10, 2026. Jason Redmond | Afp | Getty Images Boeing‘s 737 Max production is taking “a little bit longer”…
A person walks in front of a semi-truck parked at a cargo shipping container on a rail yard in Commerce, California on Aug. 26, 2026. Patrick T. Fallon | AFP | Getty Images Transportation companies, the lifeblood of the U.S. economy, are flashing warning signs as diesel costs hit records. Prices for diesel, the fuel…
The Federal Reserve raised its benchmark interest rate at the conclusion of its September meeting after consumer prices rose again in August amid the war with Iran — and despite continued pressure by President Donald Trump to bring rates down. In an effort to tame inflation, the central bank’s Federal Open Market Committee, led by Chairman Kevin Warsh,…
The main cabin of a retrofitted American Airlines Boeing 777-300ER used on long-haul routes, in an undated photograph. American Airlines | Via Reuters The K-shaped economy is taking flight. American Airlines CEO Robert Isom said Wednesday that just 30% of its seats account for half of the company’s revenue, a proportion that has the Fort…
A J.B. Hunt Transport Services Inc. tractor trailer parked at a freight depot in Indianapolis, Indiana, U.S., on Saturday, Jan. 15, 2022. Luke Sharrett | Bloomberg | Getty Images Shares of J.B. Hunt plunged more than 10% on Wednesday after the trucking company said it expects its earnings to drop in the third quarter. “We…
Tropical Smoothie Cafe’s new packaging will highlight its frond icon. Source: Tropical Smoothie Cafe Tropical Smoothie Cafe on Wednesday unveiled a new look as the restaurant chain prepares to continue its streak of rapid growth under Blackstone’s ownership. “We are a company and a brand that has evolved significantly over the last few years and…
A man pumps gas at an Exxon station as the price of oil and gas has surged amid the U.S.-Israeli conflict with Iran, in Washington, D.C., U.S., March 5, 2026. Ken Cedeno | Reuters Consumers are facing a double-whammy of jumping oil prices and Treasury yields amid the U.S. war with Iran that is leaving…
For young Americans who turn a study-abroad experience into a move overseas, taxes can become an added challenge. Living abroad does not necessarily mean paying tax twice, but Americans may have to navigate filing requirements in both the U.S. and their country of residence. Erin Collins, who leads the Taxpayer Advocate Service, an independent organization…