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Business

Darden Restaurants beats earnings estimates, as Olive Garden parent predicts growth in 2026

June 23, 20250

Darden Restaurants on Friday beat Wall Street's earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal 2...

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Finance

Fed Governor Waller says central bank could cut rates as early as July

June 21, 20250

Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be...

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Economy

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

June 21, 20250

U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1, 2025. Kevin Lamarque | ReutersP...

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Earnings

Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home

June 21, 20250

Shares of Kroger rose more than 9% on Friday as the supermarket operator raised its full-year sales outlook and said it's drawing shoppers seekin...

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Business

JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets

June 21, 20250

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China ...

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Finance

AI avatars in China just proved they are better influencers. It only took a duo 7 hours to rake in more than $7 million

June 20, 20250

Chinese influencer Luo Yonghao and co-host Xiao Mu tried out livestreaming on Sunday, June 15, 2025, using interactive digital avatars based on B...

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Economy

Retail sales fell 0.9% in May, worse than expected, as consumers pulled back

June 20, 20250

Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumer spending pulled back sharply in M...

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Earnings

OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth

June 20, 20250

OpenAI CEO Sam Altman appears on screen during a talk with Microsoft Chair and CEO Satya Nadella at the Microsoft Build 2025 conference in Seattl...

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Business

The U.S. added a thousand new millionaires a day in 2024: Report

June 20, 20250

Mercer Island, a wealthy enclave just outside Seattle.Danita Delimont | Gallo Images Roots Rf Collection | Getty ImagesA version of this article ...

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Finance

JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee

June 18, 20250

The Chase Sapphire Lounge at LaGuardia Airport, accessible only to Sapphire Reserve customers.Benji Stawski / CNBCJPMorgan Chase is betting that ...

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