CarMax’s earnings miss is a win in the Fed’s battle against inflation, Jim Cramer says
One factor that showcases the used car market's downturn is a decline in vehicle prices, according to Cramer.
CNBC Business
McDonald's owners group says company rejected request to delay big changes to franchise system
McDonald's rejected restaurant owners' request to delay new changes to its franchise policies, according to a letter viewed by CNBC.
Disney names Alisa Bowen president of Disney+ as it prepares to launch ad tier
Alisa Bowen has been tapped to take on the top mantle of the Disney+ subscription service.
Ford's fundamentals remain strong, despite CEO's recession worries, productions snags
The Investing Club thinks Ford (F) has what it takes to navigate macroeconomic headwinds and supply disruptions.
Phil Collins, Genesis bandmates sell music rights in bundle deal — but Peter Gabriel isn't involved in it
The deal involving Phil Collins and Genesis comes after similar deals involving Bob Dylan and Bruce Springsteen.
Buybuy Baby, a bright spot for Bed Bath & Beyond, reports steep drop in sales against tough comparisons
Bed Bath & Beyond chalked up the sales decline to tough year-over-year comparisons and pointed to initiatives to drive growth in the coming months.
'It’s just an arms race.' How to make the most of Amazon's next 'Prime Day' sale and Target's 'Deal Days'
Early sales events can be a great opportunity to save money on holiday gifts at a time when consumers feel cash-strapped.
3 takeaways from our daily meeting, including buying some Disney and looking at Club movers
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Hurricane Ian is a reminder for all homeowners to check their insurance coverage for natural disasters
Whether your house is in an area prone to hurricanes, tornadoes, flooding, hail or wildfires, it's important to know what your insurance covers or excludes.
We're holding our noses in a tough market and adding to an underappreciated stock
While the outlook for the economy remains highly uncertain, we're making one small buy in a position we've been itching to add to.
PGA Tour countersues LIV Golf in escalating antitrust fight
The PGA Tour filed a countersuit against LIV Golf late Wednesday, alleging that the Saudi-backed upstart league is guilty of anti-competitive practices.
Summer's over, but the European travel season isn't
Airlines aren't pulling back on U.S.-Europe capacity the way they did in 2019, before the Covid pandemic.
Lordstown Motors begins production of its Endurance electric pickup truck
Lordstown said it's on track to build about 50 of its electric Endurance pickups for customers by year-end.
Citroen announces EV concept which uses recycled cardboard and has a top speed of 68 mph
Citroen says vehicle has a target weight of roughly 1000 kilograms, or one metric ton.
Bed Bath & Beyond reports 28% drop in sales as it presses ahead with turnaround plan
Bed Bath & Beyond's results didn't reflect the struggling, debt-laden retailer's turnaround plan, which it announced in August.
Peloton will sell Bikes, Treads at Dick's Sporting Goods in its first brick-and-mortar partnership
Dick's Sporting Goods will begin selling Peloton equipment, the companies announced Thursday morning.
Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more
These are the stocks posting the largest moves before the bell.
5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day.
Ian weakens to tropical storm after making landfall in Florida as a category 4 hurricane
The storm made landfall over the west coast of Florida as a category 4 storm on Wednesday afternoon, according to the National Hurricane Center.
Porsche shares rise in landmark Frankfurt debut
The original range for the non-voting preferred shares was set between 76.50 euros and 82.50 euros in a prospectus released Sept. 19.
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