A trader works as the Dow Jones Industrial Average surpasses the 50,000 mark on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 6, 2026. Brendan McDermid | Reuters There’s a disconnect between the stock market and consumer optimism — and some economists say affordability is a primary culprit….
Kalshi saw more than $1 billion in trading volume on Super Bowl Sunday, reaching a daily record high, according to CEO Tarek Mansour. That volume was up 2,700% year-over-year, according to the company. The platform allows users to buy event contracts for outcomes in politics, pop culture, financial markets and sports. “It was an incredible…
Cases of Coca-Cola brand soda are stacked at a Costco Wholesale store on November 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images Coca-Cola is expected to report its fourth-quarter earnings before the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share:…
A nine-bedroom, 11,000-square-foot oceanfront home in Bridgehampton, available for rent at $700,000 for any two weeks this summer. Courtesy: Gary DePersia | Corcoran Median home prices in the Hamptons hit an all-time high in the fourth quarter, as Wall Street bonuses and tech wealth fueled a new wave of buyers in the New York beach…
Novo Nordisk on Monday said it is suing online telehealth provider Hims & Hers for mass marketing cheaper, unapproved copies of the drugmaker’s new Wegovy obesity pill and injections in the U.S. Novo is asking the court to permanently ban Hims from selling compounded versions of its drugs that infringe on the company’s patents and…
Seahawks’ Kenneth Walker III is Super Bowl MVP Kenneth Walker III #9 of the Seattle Seahawks rushes against the New England Patriots during the third quarter in Super Bowl LX at Levi’s Stadium on February 08, 2026 in Santa Clara, California. Kevin C. Cox | Getty Images Sport | Getty Images And the Super Bowl…
Amid the flurry of promotions for Trump accounts, families now have another way to opt in to the investing accounts for kids and claim seed money of up to $1,000. Parents or guardians can now start the process to open a Trump Account by filing IRS Form 4547 electronically via TrumpAccounts.gov. They can also…
Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines. In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to…
The U.S. Consumer Financial Protection Bureau headquarters in Washington, Feb. 2, 2025. Bloomberg | Bloomberg | Getty Images Federal student loan borrowers submitted a record number of complaints to the Consumer Financial Protection Bureau from mid-2024 to mid-2025, a recent report from the bureau shows. But the government’s 21-page report, published in early January, omits…
Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images The Food and Drug Administration said Novo Nordisk‘s TV advertisement for its newly launched Wegovy pill for obesity included “false…