Business

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Burberry stock drops even as Americas and China demand boost turnaround efforts

Burberry stock drops even as Americas and China demand...

Full-year revenue came in largely in line with expectations at £2.4 billion.

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These three artworks could sell for $100 million each next week as May auctions begin

These three artworks could sell for $100 million each next...

The wild card for the May auctions is the Middle East, with the Iran war clouding...

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JPMorgan's summer reading list for the wealthy includes books on AI, leadership and lemons

JPMorgan's summer reading list for the wealthy includes...

JPMorgan’s annual summer reading list, which has become the go-to selection of beach...

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The true value of family offices: Here's what to know

The true value of family offices: Here's what to know

CNBC’s Robert Frank and Addepar CEO Eric Poirier join 'Squawk Box' to discuss the...

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Jeff Bezos says there is ‘no truth’ to the ‘buy borrow die’ tax strategy

Jeff Bezos says there is ‘no truth’ to the ‘buy borrow...

The "buy, borrow, die" strategy refers to the practice of wealthy founders or investors...

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Elon Musk's trillionaire march: Here's what to know

Elon Musk's trillionaire march: Here's what to know

SpaceX's upcoming IPO is setting the stage for Elon Musk to become the world's first...

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How the wealthiest families invest: CNBC and Addepar launch Family Office Portfolio Tracker

How the wealthiest families invest: CNBC and Addepar launch...

Public stocks are the fastest-growing asset class for family offices, while their...

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Fed to hike? When traders see a rate increase coming

Fed to hike? When traders see a rate increase coming

Traders on prediction market platforms see increasing odds that an interest rate...

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Alibaba reveals more powerful Zhenwu AI chip, new LLM

Alibaba reveals more powerful Zhenwu AI chip, new LLM

Alibaba announced updates to its AI offerings, including a more powerful chip and...

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China confirms order for 200 Boeing planes, calls aviation key area for U.S. cooperation

China confirms order for 200 Boeing planes, calls aviation...

China has agreed to buy 200 Boeing jets, its first major order in nearly a decade,...

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Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months

Fintech firm Mercury hits $5.2 billion valuation after...

Mercury has emerged as one of a select group of fintech firms, like Ramp and Stripe,...

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Fed officials see rate hike ahead if inflation stays elevated, minutes show

Fed officials see rate hike ahead if inflation stays elevated,...

A majority of officials anticipated that interest rate increases would be necessary...

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OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'

OpenAI takes the lead in AI IPO horse race: 'Getting to...

It comes after reports that the AI giant and ChatGPT owner is set to file confidentially...

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Stocks making the biggest moves after hours: Nvidia, Intuit, E.l.f. Beauty and more

Stocks making the biggest moves after hours: Nvidia, Intuit,...

These are the stocks posting the largest moves in after-hours trading.

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Retail investors get direct access to SpaceX IPO through major brokerage platforms

Retail investors get direct access to SpaceX IPO through...

SpaceX's blockbuster public offering is giving everyday traders access that has...

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Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount

Japan’s megabanks post record profits, but analysts warn...

Japan's largest lenders may face some challenges to keep profit levels at record...