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U.S. vehicle supply is falling amid tariff fear-buying
Brand new KIA cars are displayed on the sales lot at Serramonte Kia on March 26, 2025 in Colma, California. Justin Sullivan | Getty ImagesDETROIT – Supplies of new and used vehicles for sale in the U.S. are declining rapidly as consumers…
Bank of America tops analysts’ estimates on better-than-expected interest income, trading
Bank of America on Tuesday posted first-quarter results that topped analysts' expectations for profit and revenue on stronger-than-expected net interest income and trading revenue.Here's what the company reported:Earnings: 90 cents a…
Universal’s new Epic Universe park set to generate $2 billion for Florida in year one
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Epic Universe, the $7 billion attraction from Comcast Corp.'s Universal Destinations & Experiences division, offers five…
MLB could draw greater private equity interest as uncertainties lie ahead
A Major League Baseball logo at Angel Stadium in Anaheim, California, on May 22, 2022.Ronald Martinez | Getty ImagesMajor League Baseball is increasingly drawing private equity investors as the league faces major shifts in player…
New York is still the richest wealth hub. Here’s which cities are gaining ground
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Despite the recurring…
Pfizer scraps daily weight loss pill after liver injury in one patient
Nikos Pekiaridis | Lightrocket | Getty ImagesPfizer on Monday said it would end development of its experimental daily weight loss pill after a patient experienced a liver injury that was potentially caused by the drug in a trial. The…
Hollywood’s Chinese box office was already in decline even before Trump’s tariffs
Posters of film 'Despicable Me 4', film 'Stand By Me' and film 'A Legend' are displayed at the entrance of a cinema on July 16, 2024 in Shanghai, China.Vcg | Visual China Group | Getty ImagesHollywood is being pulled into President…
Sports teams adopt tactile tech for blind and low-vision fans
Jordan Moon (left) and Macaulay Beasley (right) use OneCourt tablets at the Phoenix Suns vs. Minnesota Timberwolves game in Phoenix on March 2.Courtesy: Phoenix SunsDuring a break at the March 2 game between the NBA's Phoenix Suns and…
Trump’s pharmaceutical tariffs could raise costs for patients, worsen drug shortages
A pharmacist collects medications for prescriptions at a pharmacy.Simon Dawson | Bloomberg | Getty ImagesPresident Donald Trump's planned tariffs on pharmaceuticals imported into the U.S. could have wide-ranging consequences for…
Mattel and Hasbro stocks notch new lows after Trump’s China tariff escalation
Toys made by Mattel, Hasbro and others are seen at a Macy's store in New York.Staff | ReutersThere's trouble in Toyland.Toy giants Mattel and Hasbro have seen their stocks battered by President Donald Trump's escalated trade war with…