Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a…
Employees work on the assembly line of new energy vehicles (NEVs) at a workshop of China FAW Group’s Hongqi Fanrong Plant on July 5, 2023 in Changchun, Jilin Province of China. Zhang Yao | China News Service | Getty Images DETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of…
Maskot | Maskot | Getty Images This tax season, some families could see a bigger tax break for their children due to changes from President Donald Trump‘s “big beautiful bill.” Enacted in July, Trump’s legislation permanently increased the maximum child tax credit to $2,200 per child for 2025, up from $2,000. That value will be…
Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number of roles within the bank, the firm’s tech chief told CNBC exclusively. The bank has, for the past six months, been working with embedded Anthropic engineers to co-develop autonomous agents in at least two specific…
Gabby Jones | Bloomberg | Getty Images Kalshi on Thursday announced efforts to expand its surveillance and enforcement frameworks as skepticism builds around the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already drawn more than $160 million in prediction market trading volume, according to Kalshi. The platform and…
Various cans of alcoholic ready-to-drink beverages, including Captain Morgan’s rum and cola; Bacardi’s mango mojito; Archers’ schnapps and lemonade; Malibu’s pineapple and piña colada cocktails; and Gordon’s gin and tonic cocktails, are displayed for sale in a supermarket on Jan. 10, 2024. John Keeble | Getty Images The U.S. alcohol industry had another sobering year…
In this photo illustration the Estee Lauder Companies Inc. logo seen displayed on a smartphone with Estee Lauder Companies Inc. logo in the background. Thiago Prudencio | Lightrocket | Getty Images Estée Lauder said Thursday it’s expecting a $100 million hit to its full-year profitability because of tariff impacts. The beauty company’s stock tumbled roughly…
Nikola Stojadinovic | E+ | Getty Images Some Americans ages 50 and over are exiting retirement and returning to work, according to a new AARP survey. Most surveyed individuals who are “unretiring” say they’re motivated to make money amid today’s high living costs, the nonprofit organization, which represents people ages 50 and older, found. In…
Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices, sending shares down 26%. The connected fitness company missed Wall Street’s estimates on the top and bottom lines and fell short of its own internal sales targets in…
Ekaterina Goncharova | Moment | Getty Images Crypto prices have declined sharply in recent weeks — and some analysts warn of more pain ahead for investors. The price for bitcoin, the most popular cryptocurrency, sank below $66,000 on Thursday afternoon, touching its lowest level in more than a year. Analysts had been watching $70,000 as…