Damircudic | E+ | Getty Images July 1 is a significant date for tens of thousands of Americans who hold federal student loans. That’s when changes to the U.S. Department of Education’s menu of repayment and relief options under the One Big Beautiful Bill Act take effect. It’s also a key date the Trump administration…
Dny59 | E+ | Getty Images Social Security‘s trust funds may have a bit more runway than expected, according to new long-range projections by the Penn Wharton Budget Model, shared exclusively with CNBC. The trust fund Social Security relies on to help pay retirement benefits — Old-Age and Survivors Insurance, or OASI — may be…
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A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market. The company has quietly purchased seven new vehicle franchises since last year that primarily sell Stellantis‘ Chrysler, Dodge, Jeep…
A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty Images Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital for roughly $1.5 billion. The deal excludes the pizza chain’s locations in mainland China; Yum China…
Sheldon Cooper | Lightrocket | Getty Images Centene said it offered buyouts to some employees on Monday, as the health insurer grapples with higher medical costs, funding cuts and membership declines. “Centene is positioning the company to lead the future of healthcare — working to deliver a simpler and better experience for our members and…
The Federal Reserve is expected to hold interest rates steady at its policy meeting this week — the first helmed by new Fed Chair Kevin Warsh — doing little to ease the affordability concerns plaguing many U.S. households. President Donald Trump‘s pick to lead the central bank previously indicated he would consider cutting rates, but with…
The electronic news ticker of Fox News reads headlines at the News Corp. Building in the Midtown Manhattan area of New York City, U.S., July 20, 2025. Eduardo Munoz | Reuters Fox Corp. has reached an agreement to acquire Roku for roughly $22 billion, marking another chapter in media consolidation as the industry grapples with…
To win over today’s diners, KFC is prioritizing boneless chicken menu items, expanding its sauce options and designing its restaurants to keep customers’ attention. These days, the Yum Brands chain is facing stiff competition, both from upstart chicken chains and legacy giants like McDonald’s that are betting big on the growing global popularity of chicken….
Ranking member Sen. Elizabeth Warren, D-Mass., speaks during the Senate Committee on Banking, Housing and Urban Affairs confirmation hearing for Kevin Warsh, President Donald Trump’s nominee for chair of the Federal Reserve, in the Dirksen Senate Office Building in Washington, on April 21, 2026. Andrew Harnik | Getty Images Sen. Elizabeth Warren, D-Mass., is calling…