From CNBC. Budget carrier Spirit Airlines shut down after years of struggles.The carrier’s collapse stranded tens of thousands of customers. It will now begin the monthslong process of dismantling the company. CNBC’s Leslie Josephs explains what happens next. Reporter: Leslie Josephs Edited by: Erin Black Senior Director of Video: Jeniece Pettitt » Subscribe to CNBC:…

From CNBC. Despite a massive slowdown in EV adoption, Ford Motor is continuing to move forward with its next generation of EVs. Ford’s continued confidence, albeit at lower and slower rate than it previously projected, comes from its "Universal Electric Vehicle," or UEV platform, which the company has developed from a clean-sheet design. Ford’s goal…

From CNBC. Despite a massive slowdown in EV adoption, Ford Motor is continuing to move forward with its next generation of EVs. Ford’s continued confidence, albeit at lower and slower rate than it previously projected, comes from its "Universal Electric Vehicle," or UEV platform, which the company has developed from a clean-sheet design. Ford’s goal…

From CNBC. Many US political leaders on both sides of the aisle have been scrambling to keep Chinese cars out of the United States. But some Chinese companies have already found a foothold in the US. One automaker, Zhejiang Geely Holding, often called simply Geely, has investments in Volvo, Polestar and British sports car maker…

From CNBC. Millions of Americans are taking GLP-1s and some of their side effects are creating new opportunities for the beauty industry. Hair loss is one of the most common reactions. Now, hair care companies like Nutrafol, Redken and KeraFactor are seeing a boost from shoppers on GLP-1s who are looking to support hair growth.…

From CNBC. One week into the Musk vs. OpenAI trial, the central question is whether Sam Altman betrayed the company’s founding promise to benefit humanity by turning it into an $800 billion for-profit giant. Musk claims they "stole a charity." OpenAI says he’s using the courts to attack a rival while building his own competing…

From CNBC. Jerome Powell delivered his final press conference as Chair of the Federal Reserve Board of Governors in April 2026. During the meeting, Powell expressed his intent to remain on the board. While keeping interest rates steady, the committee had a notably high number of dissents, foreshadowing divides among the nation’s top economic policymakers…

From CNBC. After five years of unprecedented pain the U.S. office market is showing new signs of life. But for mid-sized cities like Portland the story is a little different. Empty store fronts, vacant office buildings, and a struggling downtown isn’t just an eye sore, it’s having a real impact on the city’s bottom line.…

From CNBC. Investors will be closely watching this year’s Berkshire Hathaway Annual Shareholders Meeting on Saturday as Greg Abel takes center stage as the company’s new leader. Abel, who took the baton from Warren Buffett in January, will host the annual gathering for the first time as CEO. The Oracle of Omaha will still be…

From CNBC. The Supreme Court will hear arguments in a case centering around glyphosate, an herbicide widely used by American farmers. The primary domestic supplier of Roundup is Monsanto, a subsidiary of Germany’s Bayer AG. There is some evidence that the chemical may cause cancer. But regulators in the U.S. and abroad have not limited…

From CNBC. Meta has quietly rolled out the most sophisticated version of its Muse Spark AI model, which deploys multiple agents to research and synthesize a consolidated answer. CNBC’s Julia Boorstin has more.

From CNBC. Kalshi is joining Polymarket in introducing trading for perpetual futures, known as “perps,” according to reporting by The Information. This type of derivative trading uses long-term contracts without a specific end date and have long been popular with crypto investors but could soon become more mainstream. CNBC’s Tanaya Macheel breaks down what the…

From CNBC. Investors are bullish on the emerging crop of companies known as neoclouds, which focus on AI-dedicated computing infrastructure, even as industry insiders warn it will take longer for these ventures to become profitable than markets currently expect. CNBC’s Tobias Burns reports on the enthusiasm for neoclouds and the concerns surrounding them. Reporter: Tobias…

From CNBC. Tesla began rolling out xAI’s Grok AI chatbot in its cars in July 2025. It’s still in beta mode. Tesla is not the only automaker adding AI assistants to vehicles. Volvo, Rivian, Mercedes, BMW and others are all integrating AI into their cars even though the tech is still in its infancy. CNBC’s…

From CNBC. Tesla began rolling out xAI’s Grok AI chatbot in its cars in July 2025. It’s still in beta mode. Tesla is not the only automaker adding AI assistants to vehicles. Volvo, Rivian, Mercedes, BMW and others are all integrating AI into their cars even though the tech is still in its infancy. CNBC’s…

From CNBC. The Trump administration is in advanced talks to give Spirit Airlines a $500 million rescue package as the iconic discount carrier faces the threat of liquidation. The bailout could be a political risk for President Trump, who has overseen numerous government interventions in the private sector in his second term, including U.S. Steel,…

From CNBC. For Gen Z and millennials, dating is becoming more expensive and less frequent. Surveys show many young singles are cutting back on outings as costs for meals, drinks and app subscriptions climb. Dating apps’ freemium models add another layer of expense, while the abundance of options can overwhelm users. Experts say this dynamic…

From CNBC. For Gen Z and millennials, dating is becoming more expensive and less frequent. Surveys show many young singles are cutting back on outings as costs for meals, drinks and app subscriptions climb. Dating apps’ freemium models add another layer of expense, while the abundance of options can overwhelm users. Experts say this dynamic…

From CNBC. Elon Musk’s high-profile lawsuit against OpenAI, the company’s CEO Sam Altman and its President Greg Brockman kicks off with jury selection in federal court in California on April 27th. Musk, who co-founded OpenAI in 2015 alongside Altman and Brockman, alleges he was deceived into donating roughly $38 million to the startup under the…

From CNBC. As Hollywood bleeds jobs and productions flee Los Angeles, a new hybrid studio called Innovative Dreams is betting AI can reverse the tide. Backed by Amazon Web Services and AI company Luma, the company combines the LED backdrops of virtual production with AI tools across the entire pipeline, preserving actor performances and traditional…

From CNBC. CNBC’s Brandon Gomez reports on the Trump administration’s move to reclassify cannabis as a Schedule III drug. The change doesn’t legalize the drug at the federal level but it could significantly expand scientific research in the drug’s medical uses. Reported by: Brandon Gomez Edited by: Lauren Hans, Andrea Miller Senior Director of Video:…

From CNBC. Kevin Warsh is President Trump’s nominee to lead the Federal Reserve. The veteran economic policymaker and investor appeared before a key Senate committee in April. Between pointed questions and praise, Warsh outlined his vision for the future of the U.S. central bank. CNBC’s Matt Peterson reports. Reporter: Matt Peterson Produced and Edited by:…

From CNBC. BMW debuted its refreshed version of the 7 Series sedan, the brand’s full size flagship vehicle in April. It’s the most extensive update BMW has undertaken. The company’s North American boss said it won’t give up on sedans, even though many other luxury and premium automakers have. SUV’s now outsell sedans by a…

From CNBC. Automakers, battery makers and suppliers directed hundreds of billions of dollars into electric vehicle investments across the U.S. in recent years, and almost half of that had been planned for the South. But companies have now canceled EV plans and some have faced write-downs.

From CNBC. John Ternus will become Apple’s eighth CEO in September, continuing a tradition of internal promotion at the iPhone maker. Industry experts have long speculated that the 50-year-old Ternus would become Cook’s eventual successor. Over the last 25 years at Apple, Ternus has become a key architect of the tech giant’s robust product pipeline,…

From CNBC. Whether U.S. and Iranian officials can negotiate the opening of the Strait of Hormuz this week is being closely watched not only by global investors but also by the Chinese town that brings you Christmas. Yiwu is known as China’s Christmas capital and is home to hundreds of factories producing artificial trees, tinsel,…

From CNBC. U.S. importers could be due more than $160 billion in tariff refunds after the U.S. Supreme Court ruled the White House’s emergency tariff authority was unconstitutional in February. Some of the biggest winners are American retailers who have faced billions of dollars of added costs from foreign imports over the past year. CNBC’s…

From CNBC. Lowe’s sales have been in a slump since its pandemic highs, but the home improvement retailer is hoping to tap into new generations as part of the solution. CNBC’s Melissa Repko breaks down Lowe’s latest retail initiatives.

From CNBC. Kevin Warsh, if confirmed, may be the wealthiest Federal Reserve Chairmen in U.S. history. His financial disclosures indicate holdings of over $135 million. The paperwork indicates stakes in emerging companies like Polymarket and SpaceX, governance roles at companies like Coupang and UPS, alongside vast investments in funds tied to Warsh’s time working with…

From CNBC. Kevin Warsh, if confirmed, may be the wealthiest Federal Reserve Chairmen in U.S. history. His financial disclosures indicate holdings of over $135 million. The paperwork indicates stakes in emerging companies like Polymarket and SpaceX, governance roles at companies like Coupang and UPS, alongside vast investments in funds tied to Warsh’s time working with…

From CNBC. The International Energy Agency on Thursday warned that the Middle East crisis is hurting Europe’s airline industry, which is on the brink of running out of jet fuel. As Europe heads into its peak travel season, a continued blockade of the Strait of Hormuz could lead to hundreds of flight cuts, disrupting travel…

From CNBC. For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind now that AI has made the chipmaker into the world’s most valuable company. Nvidia popularized the graphics processing units, or GPUs, that make the best video game play…

From CNBC. The U.S. blockade on Iranian ports is President Trump’s latest attempt to pressure Iran to reach a deal to end the war. Yet Iran is unlikely to be the only country feeling the economic pain. CNBC’s Garrett Downs breaks down what the move could mean for Asia, U.S. consumers and the future of…

From CNBC. The main demand signal for artificial intelligence looks explosive on paper, but it may be significantly overstated. Token consumption, the basic unit of AI usage, is becoming a distorted metric. Companies like Shopify and Meta have created internal "tokenmaxxing" leaderboards that track how many tokens employees use, and Nvidia CEO Jensen Huang said…

From CNBC. The main demand signal for artificial intelligence looks explosive on paper, but it may be significantly overstated. Token consumption, the basic unit of AI usage, is becoming a distorted metric. Companies like Shopify and Meta have created internal "tokenmaxxing" leaderboards that track how many tokens employees use, and Nvidia CEO Jensen Huang said…

From CNBC. Grocery stores like Kroger are using AI to help find value for perishable food that would otherwise end up in the trash. The data being generated by Flashfood and companies like it are giving retailers insights into consumer behaviors like showing what products will sell, at what price and at what point they…

From CNBC. SUVs and pickups have really taken over the US car market. But with average vehicle prices so high, some automakers are still selling healthy numbers of sedans and other low-roofed passenger cars. Kia, Toyota, and Volkswagen, among others have kept sedans in the market, and EVs like the Tesla Model 3 are popular.…

From CNBC. Artificial intelligence is reshaping cybersecurity across the crypto industry. While Bitcoin itself is considered resilient, the platforms that connect users to their assets may be more vulnerable. AI can scan complex software systems quickly, uncovering hidden flaws and enabling faster attacks. This shift is forcing crypto companies to rethink how they protect their…

From CNBC. America’s largest grocer, Walmart, is giving its biggest private label brand, Great Value, a refresh after more than a decade. While it has an 87% household penetration rate, players like Aldi and Amazon are catching up. CNBC’s retail reporter Melissa Repko has more. Produced, Shot and Edited by: Ryan Baker Reporter: Melissa Repko…

From CNBC. America’s largest grocer, Walmart, is giving its biggest private label brand, Great Value, a refresh after more than a decade. While it has an 87% household penetration rate, players like Aldi and Amazon are catching up. CNBC’s retail reporter Melissa Repko has more. Produced, Shot and Edited by: Ryan Baker Reporter: Melissa Repko…