Shawn Tsao, co-founder of food-delivery app Caviar. It may not be easy to build a successful business from scratch — but it’s proven to be possible. Throughout my time working at CNBC, I’ve chatted with different entrepreneurs, from people who started successful side hustles to the founders of global unicorn companies. Ultimately, I’ve found that it … Read more
Indian Prime Minister Narendra Modi gestures, at the Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | Reuters A stunning political setback for Indian Prime Minister Narendra Modi has business executives in the country furiously making calls, trying to better understand the impact on India’s economy and investment landscape following Modi’s failure to … Read more
People picket outside of a Starbucks store in New York’s East Village as Starbucks Workers United have announced that they are waging the company’s largest strike Thursday on the coffee company’s Red Cup Day on November 16, 2023 in New York City. Spencer Platt | Getty Images When Starbucks and its baristas union resume contract … Read more
The purple coloring of CosMc’s Tropical Spiceade comes from the mix of lemonade, pineapple flavoring and dragonfruit. Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just getting started. The burger giant created the spinoff using one of its lesser-known McDonaldland mascots, CosMc, … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Fed foils stocks : The market … Read more
(L-R) J.D. Vance, a Republican candidate for U.S. Senate in Ohio, and Sen. Josh Hawley (R-MO) speak with reporters at a campaign rally on May 1, 2022 in Cuyahoga Falls, Ohio. Drew Angerer | Getty Images This reported column is Part Two of Eamon Javers’ two-part series on the new, conservative economic populism gaining ground … Read more
People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels aren’t. The most recent … Read more
Getty Images (L) | Reuters (R) Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer sees a sales opportunity. On a call with CNBC on Thursday, Walmart Chief Financial Officer John David Rainey said some of the discounter’s sales growth … Read more
When a company performs well and I interview its CEO on CNBC, I consider the stock’s performance before fashioning my questions. When a chief executive is hitting it out of the park, the interview is going to be easy. My main objective is to find out if the great numbers are sustainable. Is there something … Read more
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped Americans try to scrape by. That juxtaposition underscores the growing picture of bifurcation among income brackets in America. And adds to an increasingly popular view … Read more
