Economy

Jaque Silva | SOPA Images | Lightrocket | Getty Images Streaming is finally starting to pay off for media companies, but there’s a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes. Legacy media companies entered the streaming market with a focus on gaining subscribers and competing with […]

Cadillac Opulent Velocity concept EV Cadillac DETROIT — General Motors on Friday revealed a new all-electric Cadillac concept car designed to preview how the automaker plans to keep its high-performance V-Series vehicles relevant for EVs. The vehicle is called “Opulent Velocity.” True to the name, Cadillac says it’s a balance of ultra-luxury and performance for […]

U.S. crude oil futures fell more than 1% on Friday amid reports that Qatar told Iran to not attack Israel while Gaza cease-fire talks are ongoing. Qatar’s prime minister told Iran’s leaders in a phone call after the first day of Gaza cease-fire talks in Doha Thursday that they should de-escalate, warning of the consequences […]

Denise Buzy-Pucheu, founder and owner of The Persnickety Bride, said steep tariffs on imports from China are hurting U.S. businesses, including bridal shops and wedding dress designers. Some of the brands she carries have added a tariff surcharge. Courtesy of The Persnickety Bride; Photograph by Stella Blue Photography Days after President Donald Trump announced steep […]

Costco co-founder Jim Sinegal is retired … for the most part. The 89-year-old former CEO of the beloved warehouse chain stepped down from his role in 2012. But Sinegal still goes to the office some Tuesdays, a nod to the work ethic and commitment he learned from his mentor, the late retail businessman and philanthropist […]

United Airlines airplanes proceed to a runway at Newark Liberty International Airport in Newark, New Jersey, on Feb. 20, 2025. Gary Hershorn | Corbis News | Getty Images United Airlines will cancel 35 roundtrip flights a day from its schedule at Newark Liberty International Airport in New Jersey after thousands of passengers faced hourslong delays this […]

U.S. National Security Advisor Mike Waltz checks his mobile phone while attending a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | Reuters Former White House national security advisor Mike Waltz and other Trump officials appear to be communicating on a modified […]

The welcome sign at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC OMAHA, Nebraska — Berkshire Hathaway shareholders are getting more bang for their buck at this year’s meeting with the annual shopping event more interactive than ever. The conglomerate’s yearly convention kicked off Friday […]

When Warren Buffett shares details of his personal finances, people tend to pull up a chair and take notes. When you’re one of the wealthiest people on Earth, you must be doing something right. While Buffett’s acolytes are chiefly interested in strategies for amassing more money, they recently received a lesson in how to give […]

Moor Studio | Digitalvision Vectors | Getty Images Companies are talking up a storm about artificial intelligence and generative AI implementations, and many are moving ahead with deployments. But there might be a danger of employee burnout from moving too fast into AI, and businesses need to guard against this even as they enthusiastically jump […]