People shop for groceries at a Wegman’s store in Brooklyn on July 13, 2026 in New York City. Spencer Platt | Getty Images Cooling inflation has also chilled some experts’ expectations for the 2027 Social Security cost-of-living adjustment, which may be between 3.7% and 3.8%, according to new estimates. The Social Security COLA may…
The World Cup’s biggest economic boost is arriving later than expected as the tournament enters its final days. But for the U.S. businesses hoping for a soccer boom, it’s better late than never. This week’s semifinals pit France against Spain in Dallas on Tuesday and England versus Argentina in Atlanta on Wednesday. Travel bookings have…
A driver refuels a vehicle with regular gasoline in Wilmington, North Carolina, US, on Wednesday, July, 1, 2026. Allison Joyce | Bloomberg | Getty Images Consumer prices pulled back in June on the heels of lower energy and gasoline prices, a reversal after moving sharply upward in recent months due to the Iran war. However,…
Paramount Skydance is still aiming to close its proposed acquisition of Warner Bros. Discovery by the end of September despite a recent lawsuit filed by state attorneys general challenging the deal, Paramount’s lead trial counsel Jeffrey Kessler told CNBC’s David Faber in an interview on Tuesday. On Monday, a group of state attorneys general led…
United Airlines will upsell customers to sit in a row with an empty middle seat. United Airlines United Airlines has a new way to entice customers to pay more on board: no middle seat neighbor. The carrier said Tuesday that one of the rows on its Airbus A321XLRs will have an empty middle seat with…
A shopper carries a Target bag in San Francisco, California, US, on Wednesday, June 10, 2026. David Paul Morris | Bloomberg | Getty Images Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year’s inflation surge, the…
Buy now, pay later services have been on the rise as more consumers look to short-term installment financing options to help them manage the rising costs of daily necessities, not just pay for discretionary purchases. BNPL providers originated nearly $157 billion in consumer credit products in 2025, up from nearly $116 billion in 2024, according…
The revenue breakdowns analysts are expecting from Bank of America Bank of America is expected to report revenue in its investment banking division of $1.86 billion, according to StreetAccount. Analysts are also expecting the bank to report equities trading reaching $2.77 billion. Net interest income, which is the metric for making loans, is projected to…
Chipotle restaurant sign on exterior of a building under clear blue sky, Pleasant Hill, California, April 16, 2026. Smith Collection | Gado | Archive Photos | Getty Images Fast casual chain Chipotle is set to open its first restaurant in Mexico this week, the company announced on Monday. The store will open on Thursday in…
A pedestrian passes the seal of the Office of the Comptroller of the Currency displayed outside the organization’s headquarters in Washington, D.C., on March 20, 2019. Andrew Harrer | Bloomberg | Getty Images The Trump administration on Monday issued guidance that experts say could reduce banks’ lending to certain unauthorized immigrants, the latest move by…