business news

Mireya Acierto | Photodisc | Getty ImagesIt's not unusual for wealthy taxpayers to relocate from high-tax states to low-tax states. There's evidence in population trends: Texas and Florida — neither of which have a state income tax — were…

Shawn Fain, candidate for UAW president, is in a run-off election with incumbent Ray Curry for the union's highest-ranking position.Jim West for UAW Members UnitedSupporters wave signs during an address at the Time Warner Cable Arena in…

First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California, United States.Tayfun Coskun | Anadolu Agency | Getty ImagesThe surge of deposits moving from smaller banks to big institutions including JPMorgan Chase…

Another week, another important piece of inflation data for the market to digest. The personal spending and income report, out this coming Friday, has the Federal Reserve's preferred measure of inflation: the core personal consumption…

It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout.According to VettaFi's Todd Rosenbluth, the trend applies to ETFs holding only a few large companies in particular industries." going to be a…

Food and beverage coming into port or in a warehouse is No. 1 on the list of products being targeted by freight thieves who are increasing their criminal activity across the national supply chain. It's a sign of the economic times, and…

A private island in Palm Beach could become the most-expensive home ever sold in Florida, if it gets its asking price of $218 million.Developer Todd Michael Glaser and his partners bought 10 Tarpon Isle — the only private island in Palm…

ACCRA, GHANA – On the afternoon of Dec. 26, 2022, Chris Maurice finally capitulated and went to the emergency room at Hospital Clinic de Barcelona, just west of the city's gothic quarter. For roughly ten months, the 26-year-old CEO of the…

A waterfront area in Battery Park City, which is at the center of a major climate resilience project.Emma Newburger | CNBCWagner Park, a cherished waterfront greenspace in Battery Park City, boasts unobstructed views of the Statue of…

Customers browse in a used car lot on February 15, 2023 in Glendale, California.Mario Tama | Getty ImagesAll new vehicles become used cars and trucks once they're sold.It's an obvious statement, but one that needs to be laid out to explain…