Costco issues a lukewarm quarter, but delivers on the metric that matters most
Costco Wholesale reported a decent quarter Thursday evening, delivering just enough on the membership numbers that we identified…
CVS restores Zepbound coverage, adds Eli Lilly’s obesity pill Foundayo
An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on…
Your AI agent can now trade for you on Robinhood. And buy stuff with your credit card too
Vlad Tenev, CEO and co-founder of Robinhood, speaks during the Robinhood Markets, Inc. event in New York City,…
SK Hynix shares surge to hit $1 trillion valuation
The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in…
Radar reaches unicorn status in series B funding round
Radar, a startup backed by American Eagle CEO Jay Schottenstein that helps retailers manage in-store inventory and cut…
Rising mortgage rates cause surge in demand for riskier loans
Prospective buyers arrive during an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle…
UK CPI eases to 2.8% in April, but slowdown expected to be short-lived
Richard Newstead | Flickr | Getty Images U.K. inflation eased to 2.8% in April, preliminary data from the…
Mortgage rates surge to highest level since July
Growing concern over the trajectory of the Iran war has bond yields rising and mortgage rates following suit.…
2026 CNBC Disruptor 50: See the full list of companies and rankings
CNBC | Igor Gnedo, Antonina Lepore & Adrianne Paerels There’s a big change at the top of the…
White House adds generic drugs to direct-to-consumer TrumpRx site
President Donald Trump speaks to introduce the TrumpRx website in the South Court Auditorium of the White House…
May homebuilder sentiment improves on late spring surge in demand
Higher mortgage rates, rising gas prices and continued economic uncertainty over the war with Iran are all still…
Detroit automakers have cut over 20,000 U.S. salaried jobs as AI looms
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg…