The deal, which is expected to close in mid-2025, comes during a boom for the private credit space. ...
Category: News – CNBC
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react…
Why Amazon sellers and retailers are flocking to TikTok Shop despite looming U.S. ban
Despite a looming ban, TikTok is making inroads in e-commerce, poaching both talent and sellers from Amazon. ...
Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales
Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly "different views" between the executive and the board…
Elon Musk asks court to block OpenAI from converting to a for-profit
Elon Musk seeks to block OpenAI from changing its business structure, and discouraging deals to back competitors like xAI. ...
As retailers enter the holiday shopping season, the winners are pulling away from the pack
Retailers' earnings reports show a sharp divide between brands that are winning sales and those that are missing out. ...
10-year Treasury yield slips on holiday-shortened trading day
Treasury yields were lower Friday as markets prepared to reopen after the Thanksgiving break. ...
Trump’s tariff threats have rattled Europe’s auto giants — but Ferrari appears remarkably unfazed
Ferrari is thought to be a special case among Europe's automobile sector even as many car giants come under pressure…
Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China's chip industry that…
Donald Trump selects Kevin Hassett to lead National Economic Council
The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada. ...
Dick’s Sporting Goods posts robust holiday guidance
Dick's Sporting Goods posted cautious guidance earlier this year as it braced for the 2024 election, but it now expects…
How Bluesky rose out of Twitter’s ashes to challenge X and Threads
Bluesky could be on the verge of a turning point if it continues rapidly attracting users and finds a way…