Peloton shares are up more than 130% this year and hit an all-time high earlier this week. Todd Gordon of Ascent Wealth Partners lays out a way to play the stock into September earnings.
The Dow and S&P 500 eked out their sixth straight gains as a strong jobs report outweighed U.S.-China tensions and concerns about a new fiscal stimulus package.
New York Gov. Andrew Cuomo announced that all school districts across the state have been authorized to reopen for the fall semester, including New York City.
President Donald Trump has made over $1 million from an online store selling Trump-branded items. The Trump Organization won't say where many of the products are made.
A federal judge on Friday granted the U.S. government's request to immediately end the Paramount Decrees, a set of antitrust rules from the late 1940s and early 1950s that ended Hollywood's monopoly on producing, distributing and exhibiting movies.
Many of the jobs were added in leisure and hospitality and retail, two areas that were hit hard by shutdowns, and there is concern they could lose ground again in partial shutdowns.
Sheltering in place has homeowners wanting to improve their places. Demand for home remodeling soared in June, with outdoor spaces the most popular projects.
Cushman & Wakefield CEO Brett White told CNBC he thinks about 10% of the workforce will remain remote after the pandemic, double the pre-coronavirus rate but less than many predict. "In the early days, we talked about the high productivity at home. That's changing."
Racial inequalities are pervasive in corporate America. Closing the racial wealth gap could boost the economy between $1 trillion and $1.5 trillion, or 4% to 6% of GDP, according to McKinsey & Co. McKinsey partner and ex-NFL player Jason Wright suggests bold solutions to racial inequality in the workplace.
The Chinese-owned WeChat is used for a bit of everything in China. But in the United States, it's a key messaging app for people with loved ones in China.