CNBC Business

Company faces growing competition in emerging sector.

Here are the most important news items that investors need to start their trading day.

With the pandemic came a surge in 'thrifting' and secondhand shopping. Now the resale market is growing even faster than traditional retail.

Five NBA owners, including Chicago Bulls legend Michael Jordan, are launching the latest blend of their high-end tequila, Cincoro.

Rates are surging due in large part to the Fed's hawkish inflation policies, and that's weighing on mortgage demand.

The NBA has suspended Suns owner Robert Sarver for workplace misconduct including using racial slurs and harassing employees.

Toyota doesn't believe battery-electric vehicles are the only solution to producing more sustainable vehicles and achieving carbon neutrality.

National tourism revenue for the latest long-weekend holiday reached only 60.6% of 2019 levels, according to China' Ministry of Culture and Tourism.

Costco CEO Craig Jelinek says stubbornly high inflation, which has been straining American consumers, is not going to be permanent.

"I'm not saying you need to buy something here yet," the "Mad Money" host said. However, August's CPI report doesn't change his view on the Fed and the economy.

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Schultz believes Starbucks' (SBUX) best days are still ahead, and the company's investor day presentation makes it easy to see why.

Outgoing Starbucks CEO Howard Schultz said the coffee giant is projecting double-digit growth for revenue and earnings per share.

The 2023 Chrysler 300C will be powered by a 6.4-liter V-8 Hemi engine that produces 485 horsepower and 475 foot-pounds of torque.

The founder of electric semitruck maker Nikola Motor is standing trial on fraud charges related to statements he made about the company's technology and products.

Hard Rock International will spend more than $100 million to raise wages significantly for thousands of employees, amid inflation worries and currency concerns.

Peloton will be expanding its rental bike program nationally, offering the base-level bike and subscription for $89 per month plus a $150 setup fee.

Ferrari's new Purosangue is an SUV-like sports model, with four doors and a powerful V-12 egnine.

Warner Bros. Discovery plans to combine HBO Max and Discovery+ next year, which could give the company a chance to reset pricing for its streaming service.

The Emmy winner said her mom's 40-year teaching career made her appreciate how much work goes into being a teacher.