Top Business News

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  Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin

  Source: CNBC

  Competition in the multitrillion-dollar market for retirement assets is fierce among managers such as Goldman Sachs, BlackRock, Russell Investments and Mercer.

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  June home sales disappoint as prices reach an all-time high

  Source: CNBC

  Home sales dropped in June month over month as mortgage rates remain stubbornly high. Prices hit an all-time high.

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  PepsiCo earnings miss estimates as U.S. consumers tighten their budgets

  Source: CNBC

  PepsiCo reported weaker-than-expected quarterly earnings despite strong international demand.

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  Levi Strauss beats quarterly expectations, raises guidance and dividend

  Source: CNBC

  Levi Strauss beat quarterly expectations on the top and bottom lines during its fiscal 2026 second quarter.

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  Used EVs keep getting more expensive amid Iran war, high gas prices

  Source: CNBC

  The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.

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  Delta launches 'basic business' fares without lounge access, seat selection

  Source: CNBC

  Delta is launching basic business and other stripped-down premium classes that come with fewer perks.

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  Manhattan office leasing sees strongest gains in 20 years

  Source: CNBC

  During the second quarter, office leasing volumes were 31.3% above the 10-year average, according to a new report from Colliers.

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  Netflix, Disney and YouTube interested in FIFA World Cup U.S. rights; package could reach $2 billion

  Source: CNBC

  FIFA has alerted media companies that English- and Spanish-language U.S. rights are likely to be sold together for 2030 and 2034, likely driving up the price.

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  Stellantis to sell small Fiat Topolino EV for $13,995 in U.S.

  Source: CNBC

  While the Topolino resembles a small car such as the Fiat 500, the EV is actually a quadricycle that functions more like a golf cart.

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  Rivian stock falls 18% as company sells 75 million shares to raise capital

  Source: CNBC

  The capital raise occurred during extended hours trading following Rivian shares increasing 8.1% on Monday after increasing 19.2% last week.

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  Far more real estate agents now report seeing a balanced market, CNBC Housing Market Survey finds

  Source: CNBC

  Agents who reported at least one price cut to active listings dropped dramatically from prior surveys.

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  Toyota to invest $3.6 billion to move Tacoma pickup truck production from Mexico to Texas

  Source: CNBC

  Toyota said it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from Mexico to its San Antonio manufacturing campus in Texas.

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  Klarna seeks U.S. bank charter in latest push beyond buy now, pay later

  Source: CNBC

  Klarna joins a wave of fintech and crypto firms seeking entry to the traditional banking system.

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  Versant agrees to buy golf simulator company Full Swing for $530 million

  Source: CNBC

  The deal for Full Swing will expand Versant's nontraditional media assets in an effort to diversify revenue from cable television.

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  Record heat, crowds drive offseason boom in international travel

  Source: CNBC

  Airlines are extending flight schedules to maximize on lucrative international travel.