Business

The 2026 World Cup is expected to bring a wave of global soccer fans to North America. But the travel boom is shaping up to look less like one uniform surge and more like a city-by-city, match-by-match test of pricing power. “Demand is real and positive, but it’s not evenly distributed across host cities,” said

Key Points Global credit activity among lenders as well as overall competitiveness of loan terms reached an all-time high in April, according to JLL. The month saw strong refinance demand and large loan placements. Data centers are driving much of the activity as the massive buildout fuels the real estate industry as well as the

The shockwaves of the Covid-19 pandemic are still hitting the U.S. car market and pushing prices up, even for exceptionally old cars. The pandemic dealt a severe blow to the total supply of new cars, which has rippled down to the used market. About 8 million vehicles that would have been made for U.S. buyers

LIV Golf CEO Scott O’Neil told CNBC Tuesday that as a funding cliff approaches, the organization has to trust Saudi Arabia’s Public Investment Fund will back the golf venture through the rest of the season as it has promised. “I can say they’ve been terrific partners so far, and you have to take an incredible

A GM energy display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC General Motors is expanding efforts to capitalize on the expected growth of energy storage and data centers by promoting different battery cell chemistries, while also offering more support for its electric vehicle owners to

Novo Nordisk and Eli Lilly took their GLP-1 pill battle to the preeminent obesity meeting this weekend as they prepare for the next sea change in how patients receive their drugs. Novo Nordisk on Sunday announced that prescriptions of the Wegovy pill have topped 3 million since it entered the U.S. market about five months

Rivian CEO and founder RJ Scaringe (right) speaks with longtime employee and engineer Max Koff during a launch event on June 2, 2026 for the company’s R2 SUV in Park City, Utah. Michael Wayland / CNBC PARK CITY, Utah — Rivian CEO RJ Scaringe is energetic as he makes his way through displays for the

A person exits the JPMorgan Chase & Co. headquarters on Feb. 17, 2026, in New York City. Zamek | View Press | Corbis News | Getty Images JPMorgan Chase plans to deploy artificial intelligence agents later this year that can work autonomously for far longer than existing versions, marking another milestone in the corporate adoption

SpaceX signage outside the Space Exploration Technologies Corp. facility in Hawthorne, California, on June 3, 2026. Michael Yanow | Nurphoto | Getty Images A group of current and former SpaceX employees who joined forces to manage their post-IPO wealth has created a new, low-fee advisory option with Choreo, according to people familiar with the agreement.

Ground crews load cargo and supplies onto airplanes from airlines including Lufthansa Group, Emirates, Austrian Airlines, and British Airways, as they stand parked at the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) in El Segundo, California, on September 11, 2023. Patrick T. Fallon | Afp | Getty Images RIO DE JANEIRO

The U.S. food supply is “not at risk” from the return of the flesh-eating screwworm ​parasite to Texas, U.S. Department of Agriculture Secretary Brooke Rollins said Monday. “This is not a virus, it’s not a disease, it’s just a little pest, a larva that lands in a calf’s wound, for example, and it can be

Technicians work on an engine at GE Aerospace’s engine shop in Lafayette, Indiana. Leslie Josephs/CNBC RIO DE JANEIRO — Airplane engine makers have fallen short of what they promised airlines, major carriers’ CEOs say, a problem vexing an industry that has struggled for years with aircraft shortages and more recently, a doubling of fuel prices.

A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images RIO DE JANEIRO — United Airlines CEO Scott Kirby said he doesn’t expect more airline consolidation in the U.S. and he’s not interested in pursuing a merger for his airline after American

Lavazza said its Tablì tabs are made of 100% coffee, without any gelatin, coating or binders. Source: Lavazza Lavazza is bringing its espresso tablets to the U.S., aiming to loosen Keurig Dr Pepper’s grip on the single-serve coffee category. The Italian coffee giant unveiled Tablì last year and launched the new brewing system first in

Mammoth Brands wants to take on traditional consumer packaged goods companies, armed with a portfolio of disruptors in the personal and baby care categories that have won over consumers and retailers alike. For the last decade, upstarts like those owned by Mammoth have challenged the relevance and longstanding dominance of legacy giants like Procter &

Over the past week, one conversation has dominated Hollywood executive lunches and studio staff meetings: What’s the next “Backrooms”? The industry is scrambling to figure out how to replicate the phenomenon of “Obsession” and “Backrooms,” low-budget psychological horror films directed by YouTube creators that have dominated the box office over the past two weeks. But