A worker walks through rows of American-made furniture at Warehouse Showrooms Furniture in Alexandria, Virginia, US. President Donald Trump’s sweeping new tariffs officially took hold Thursday, as he barrels forward with his turbulent push to reshape global trade. Bloomberg | Bloomberg | Getty Images The Supreme Court struck down President Donald Trump’s so-called “reciprocal tariffs”…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Equinox’s $40,000-a-year membership has a waiting list of more than 1,000 people, as demand for luxury health and wellness programs soars, according to…
Canadian filmmaker James Cameron poses during a photocall for the opening of the exhibition entitled ‘The Art of James Cameron’ at the Cinematheque Francaise in Paris on April 3, 2024. Stephane De Sakutin | AFP | Getty Images Legendary “Titanic” director James Cameron is likening the theatrical experience to a “sinking ship” if Netflix acquires…
Signs for Walmart (L) and Amazon. Getty Images For the first time, Amazon has dethroned Walmart as the company with the largest annual revenue. Walmart on Thursday reported annual revenue of $713.2 billion for its most recent fiscal year, shy of Amazon’s $716.9 billion in revenue. The milestone was brewing for months, as Amazon leapfrogged…
New development well successfully tested in the C-Sands of the Lower Goru Formation ISLAMABAD: Oil and Gas Development Company Limited (OGDC) on Thursday announced a gas and condensate discovery at its Dars West-3 well located in the Tando Allah Yar district of Sindh. According to a statement, the new development well was successfully tested in…
Wayfair store in Wilmette, Illinois. Courtesy: Wayfair Wayfair‘s annual sales grew last year for the first time since 2020 as the online furniture company continues to win over value-seeking consumers, the retailer announced Thursday. In 2025, Wayfair revenue grew 5.1% to $12.5 billion. The gains follow a more than 1% year-over-year decline in 2024. The…
A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Walmart is expected to report its fiscal fourth-quarter earnings on Thursday morning as the retail giant and its new CEO chase a future fueled more by digital businesses and artificial intelligence. Here’s what Wall Street analysts surveyed by LSEG…
Food and Drug Administration Commissioner Marty Makary warned that the U.S. is falling behind China in early-stage drug development and called for reforms that could streamline the process for starting trials on new treatments. In an interview with CNBC on Wednesday, Makary specifically pointed to three bottlenecks that he said cause the U.S. to fall…
LCCI presses for sector-specific industrial parks as development budget rises to Rs1.24tr The export-oriented industries. Photo: file LAHORE: The Punjab government is working on pilot programmes to support small and medium enterprises (SMEs) and export-oriented industries, with preparations under way for the next annual development plan, Secretary Planning & Development Board Punjab Rafaqat Ali said…
Dareke Young #83 of the Seattle Seahawks celebrates with teammates during the third quarter of the NFC Championship game against the Los Angeles Rams at Lumen Field on Jan. 25, 2026 in Seattle, Washington. Jane Gershovich | Getty Images The Seattle Seahawks are officially up for sale. The NFL team, which defeated the New England…