News
Move over, seltzer. Non-carbonated drinks are taking the spotlight
56+ min ago (1491+ words) About a decade ago, sales of La Croix began to skyrocket. Soon, flavored seltzers were everywhere, from grocery store refrigerators to liquor store shelves. But the era of bubbles looks like it is winding down, thanks to seltzer fatigue. Now,…...
Millennials spend $252 on an average date, BMO finds " and social media is spiraling over 'date-flation"
23+ hour, 26+ min ago (510+ words) Inflation concerns are spilling into "date-flation" discussions online, as social media users react to a surprising stat: Millennials spend $252, on average, for a date. The bank polled 2, 501 adults in late December through January. Inflation has worsened since then. The consumer…...
Microsoft's new responsible tech lead on how to humanize high-speed AI development
23+ hour, 56+ min ago (552+ words) To join the CNBC Technology Executive Council, go to cnbccouncils. com/tec Fully responsible, trustworthy technology is an almost impossible mandate in a tech landscape that prioritizes speed " but that doesn't mean some companies aren't trying." On the heels of…...
Memorial Day weekend costs: Food, travel prices rise this summer
1+ day, 23+ min ago (711+ words) U. S. consumers will shell out more for everything from fuel to hot dogs and hamburgers heading into Memorial Day weekend as the Iran War reignites inflation. Total inflation for shoppers rose 3. 8% in April from the same month a year ago, the…...
High fuel prices test limits of summer vacation spending
1+ day, 56+ min ago (397+ words) Higher fuel prices are testing how badly consumers want to travel this summer, whether flying or driving. Airfare hasn't been this high since May 2022, when airlines stumbled out of the pandemic with aircraft and employee shortages to face hordes of…...
Three signs from APEC that the U. S. and China remain far apart on trade
1+ day, 1+ hour ago (694+ words) SUZHOU, China " Just over a week after the U. S. and Chinese presidents met in Beijing, the world's two largest economies are sending different messages about their priorities for Asia. China's economy relies significantly on exports " and the free-flow trade " as it…...
Qualcomm's stock pop shows investors are 'waking up' to boom in AI devices
1+ day, 16+ hour ago (512+ words) Qualcomm shares surged 12% on Friday and are now up 75% in the past month, as the chipmaker's increasingly central position in the physical AI boom becomes more apparent to Wall Street. The stock is trading at a record. Although Qualcomm has…...
Two top Walmart executives leave company under new CEO John Furner
1+ day, 16+ hour ago (150+ words) Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, CNBC learned on Friday. Tom Ward, the chief operating officer of Walmart's warehouse Sam's Club, is retiring, while Cedric Clark, Walmart's executive vice…...
Judge tosses Kilmar Abrego Garcia charges, calls Trump administration prosecution 'vindictive"
1+ day, 16+ hour ago (376+ words) A federal judge in Tennessee on Friday dismissed human smuggling charges against Kilmar Abrego Garcia, a Salvadoran migrant whose mistaken deportation by the Trump administration became a flashpoint in President Donald Trump's broader immigration crackdown. U. S. District Judge Waverly Crenshaw ruled…...
Stocks continue surging to record highs. Here's how to hedge
1+ day, 18+ hour ago (246+ words) The S&P 500 has staged an impressive recovery, rallying more than 17% off its March lows on a combination of tariff relief optimism, resilient earnings and a powerful rebound in semiconductors. It is a move that has rewarded patience. It is…...