CNBC Business

American Airlines and United Airlines are among the carriers discouraging employees from using their travel perks to fly to Europe this summer.

High-end luxury brands are reporting strong sales even as retailers catering to more mainstream customers cite a pullback in consumer spending.

Salman Rushdie was attacked at a Chautauqua Institution panel in western New York on Friday.

Health officials are aggressively assessing how far polio has spread in the city and in New York state.

The Republican Trump has called the investigations into his conduct politically motivated "witch hunts" by Democratic adversaries.

The legislation represents a historic expansion of Medicare's power that was fiercely opposed by the pharmaceutical industry.

Blumhouse is no longer producing Mattel's Magic 8 Ball movie.

Peloton is slashing about 780 jobs, closing a significant number of its retail stores and hiking the prices of some of its equipment in a bid to be profitable.

The retailer cut its sales forecast in late July, saying consumers are skipping over big-ticket items as they get hit by inflation.

With a recent influx of money pouring into high-yield bonds, financial experts urge caution before piling in. Here's what investors need to know.

These are the stocks posting the largest moves midday.

Florida nursing homes operator Philip Esformes was one of dozens of criminal defendants who received executive clemency from President Donald Trump.

Dunn's financial disclosures show extensive stock, options, bond and private equity holdings — a fortune she and her husband have amassed over the years.

For many investors and analysts, this ordeal brings back memories of the Bayer Roundup saga.

These are the stocks posting the largest moves before the bell.

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

Retailers rushed to enter the subscription space, curating boxes of clothing and other items. But consumers are showing signs they're no longer interested.

Germany is recommissioning some of its coal-fired power plants in order to compensate for a lack of Russian gas.

Just because people can travel doesn’t mean they will, especially in Asia-Pacific, where people have taken a more cautious approach toward the pandemic.

Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.