Customers shop for used vehicles at a CarMax dealership in Lexington, Kentucky.Luke Sharrett | Bloomberg | Getty ImagesCarMax reported a 33% fall in first-quarter profit on Friday, as lower margins from vehicles sold continued to impact the used-vehicle industry.Pre-owned vehicle...
An exterior view of the Supreme Court on June 20, 2024 in Washington, DC. Andrew Harnik | Getty ImagesIn a closely watched case, the Supreme Court on Thursday denied a challenge to a federal tax on certain foreign investments — but...
A window air conditioner unit is seen on the side of an apartment building in Arlington, Virginia, July 10, 2023. Saul Loeb | Afp | Getty ImagesIf you are in Virginia sweltering and falling behind on your utility bill, you will...
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player's sales decline and it struggles to keep up with savvier competitors, CNBC has learned.The retailer, which has more than 380 stores in the U.S., has...
U.S. crude oil on Friday posted a second weekly gain in a row, as gasoline demand has surged to post-pandemic highs.Oil prices fell Friday but were ahead nearly 2.9% for the week. The oil rally has lifted the energy stocks,...
An Alaska Airlines Boeing 737-9 MAX sits at gate at O'Hare International Airport in Chicago, Illinois on May 22, 2024.Daniel Slim | AFP | Getty ImagesAlaska Airlines flight attendants' union said Friday that it reached a "record" tentative labor deal...
The Shein logo can be seen on a smartphone, while the Chinese online retailer's website is open on a laptop. Monika Skolimowska | Picture Alliance | Getty ImagesChina-founded e-commerce company Shein's hopes of going public in the United States are growing...
Sales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit a new record and mortgage rates remain high.So-called existing home sales in May were essentially flat, down 0.7% from April...
Pavlo Gonchar | Lightrocket | Getty ImagesThe stock price of Trump Media has nearly been cut in half in the roughly three weeks since a New York jury convicted the company's majority owner, former President Donald Trump, of criminal charges.Shares...
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 11, 2024.Angela Weiss | Afp | Getty ImagesWall Street's climb to record highs has come with conspicuously little volatility.The S&P 500 has gone 377...
