Retail sales surge 3.8% in January, much more than expected amid inflation rise
Retail sales for the month rose 3.8% in January, much better than the 2.1% Dow Jones estimate.
Fed up with the rise in thefts and shoplifting, small biz owners across U.S. are taking action
Some small business owners tell CNBC a rise in theft is devastating to their business. Especially now, with many still recovering from a global pandemic.
Burger King parent’s earnings top estimates, fueled by digital sales growth
Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts' expectations.
Shares of metaverse company Roblox plummet after missing fourth quarter expectations
Roblox missed Wall Street expectations on both the top and bottom lines in the fourth quarter.
Airbnb beats on earnings and gives strong guidance
Airbnb beat Wall Street estimates on earnings and revenue in its fourth quarter, as the travel company continued to rebound from the Covid-19 pandemic.
Vote on Biden Fed picks delayed as GOP presses for answers on Raskin’s ties to firm
A Republican boycott Tuesday held up a Senate committee vote on the appointment of a top banking regulator and Federal Reserve Chairman Jerome Powell.
The average size of a new mortgage just set a record, as home prices continue to climb
Rising mortgage rates are crushing refinance demand, and higher home prices are causing purchase loan sizes to grow.
Homebuilders’ confidence falls as they wait months for cabinets, garage doors and appliances
Production delays for homebuilders are increasing costs and pricing out buyers. All that is weighing on builder sentiment.
Bank of America CEO Brian Moynihan says U.S. consumer spending ‘very strong’ in February
Bank of America's relationships with U.S. households, small businesses and corporations give Moynihan a unique view into the health of the economy.