Lowe's will no longer participate in surveys for Human Rights Campaign, an advocacy group supporting transgender rights, and is also combining its various business resource groups that represent diverse employees into one umbrella organization, an internal memo obtained by Reuters on Monday showed. The company will not be sponsoring or...

Home improvement retailer Lowe's latest U.S. firm to end some diversity policies

CNBC's Steve Liesman; Steve Odland, CEO and president of The Conference Board; and Stephen Stanley, chief U.S. economist at Santander, join 'The Exchange' to discuss how the market is pricing in upcoming rate cuts, economic outlooks, and more.

Young & low income consumers have lower confidence due to inflation, says Conference Board's Odland

Kohl's beat profit estimates for the second quarter, despite lower sales, as the discount department store operator cut costs. Kohl's warned about a challenging consumer environment but raised its full-year outlook for earnings per share. Kohl's shares edged higher Wednesday, but they've lost nearly a third of their value this...

Kohl's Cuts Costs to Address a Challenging Consumer Environment

The 6th U.S. Circuit Court of Appeals said a lower court judge had discretion to let drivers sue in groups over Cadillac, Chevrolet and GMC vehicles equipped with 8L45 or 8L90 eight-speed automatic transmissions, and sold in the 2015 through 2019 model years. Drivers said the vehicles shudder and shake...

GM must face big class action over faulty transmissions

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can...

Best jumbo CD rates for September 2024

New York Post

Billionaire investor Warren Buffett’s Berkshire Hathaway sold nearly $1 billion worth of Bank of America shares as his firm continues to cut its stake in the second-largest US lender.

The conglomerate sold about 24.7 million Bank of America shares, worth $981.9 million, between last Friday and Tuesday, according to a regulatory filing Tuesday.

Berkshire has now shed about $5.4 billion worth of Bank of America shares in a string of sales since mid-July. 



Bank of America’s stock closed up 0.7% Wednesday and is up 17% for the year.

Warren Buffett’s Berkshire Hathaway surpasses $1T market value: ‘Good investment’

Meanwhile, Berkshire Hathaway’s market cap briefly...

Warren Buffett’s Berkshire Hathaway dumps nearly $1B in Bank of America shares

Ike Boruchow, Wells Fargo senior analyst, joins 'Closing Bell' to discuss the retail landscape ahead of earnings.

Lululemon feels like Nike a few years ago, says Wells Fargo's Ike Boruchow

Dutch Bros is growing through new stores and higher same-store sales. Individual investor goals aren't always the same as those of investment management firms. Starbucks has been in the news, but this lesser-known coffee chain has much bigger opportunities. Starbucks made big news last week with its poaching of Chipotle...

Forget Starbucks: Billionaires Are Buying Up This Coffee Chain Stock Instead

Houston, TX

In 2017, Leena Pettigrew was gifted her first houseplant — a golden Pothos, notoriously easy to care for — and killed it. Five years later, she tried again. She and her husband Marquise were redecorating their home in Houston, and they needed to fill its empty corners, she says. She drove to Lowes and bought a couple of succulents.

44-year-old's garage side hustle brings in $12,400 a month—it replaced her husband’s income

Everette Taylor's least-favorite trait in an employee is simple: a lack of self-awareness. People without self-awareness tend to be "ego-driven" and less willing — or able — to work with other people, says Taylor, the CEO of crowdfunding platform Kickstarter. They're prone to "thinking inwardly about what they would want and what they think is best when it comes to customers," he tells CNBC Make It.

35-year-old CEO shares the No. 1 red flag he sees in employees: People who aren't self-aware 'really struggle with this'

Nvidia said Wednesday that its board of directors has approved a $50 billion stock buyback. The computer chip giant announced the share repurchase as part of its fiscal second-quarter earnings, in which it reported earnings and guidance that surpassed Wall Street expectations. In May, Apple announced a $110 billion stock...

Nvidia announces $50 billion stock buyback

A "September surge," or the idea that more job postings become available after Labor Day, is tied to the end of the summer slowdown as recruiters and hiring managers come back from vacation, career experts say. There is no data backing the theory, said Julia Pollak, chief economist at ZipRecruiter....

Here's what to consider if you're actively looking for a job this fall, experts say

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.

Tuesday’s rapid-fire: Coca-Cola, Hershey, Cleveland Cliffs, Ferrari, BlackRock

Fox Business

Harvard economist Kenneth Rogoff argued that the Federal Reserve will have trouble getting inflation down to 2% without a recession.

Harvard economist says food prices are leaving him in 'state of shock'

Ulta Beauty fell short of second-quarter expectations and trimmed its full-year guidance. Comparable sales for the second quarter fell 1.2%, compared to an 8% increase a year earlier. Shares of Ulta have been suffering since CEO Dave Kimbell warned of cooling beauty demand. It was the company's first earnings per...

Ulta misses Wall Street expectations first time in 4 years, trims guidance after quarterly sales decline

Colorado State

Denver, CO

If you're looking for a new job, you might have better luck searching outside coastal cities like New York or San Francisco. The metro areas around Denver, Colorado; Oklahoma City, Oklahoma; and Las Vegas, Nevada; are the hottest job markets in the U.S., according to a new report from ADP Research.

The best U.S. city to find a job right now—it's not New York or San Francisco

California State

Some local governments in California are beginning to take action on homelessness following a Supreme Court ruling in June. Cities now have the ability to enforce fines and make arrests for public camping and sleeping outdoors. More than 181,000 people were homeless in the state in 2023, accounting for nearly...

California officials get aggressive on homelessness after Supreme Court ruling

USA TODAY

Former Peloton CEO John Foley revealed that he nearly lost all his money after leaving the exercise equipment company in 2022.

Peloton's former billionaire CEO says he 'lost all my money' when he left exercise company

U.K. Prime Minister Keir Starmer on Tuesday told the nation that the upcoming October budget would be "painful," as he paves the way for government spending cuts to address a £22 billion ($29 billion) financing shortfall. Starmer said that the U.K.'s public finances were "worse than we ever imagined"...

UK PM Starmer warns of 'painful' October budget to tackle shortfall in public finances

Markets Insider

Stock investors should keep at least 20% of their portfolio in cash, according to billionaire investor Mark Mobius.

Investors need to be cautious on stocks because the economy is flashing a warning not seen in nearly a century, billionaire investor Mark Mobius says

NewsBreak

Tangler Outlets is thriving due to value-oriented consumers & lack of new retailers, says CEO Yalof

Stephen Yalof, Tangler Outlet CEO, joins CNBC's...

Tangler Outlets is thriving due to value-oriented consumers & lack of new retailers, says CEO Yalof

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