Adding diversity to the ranks of management and franchise ownership requires disrupting the current system. That has been a particular challenge for the fast-food industry. Chains like Yum! Brands' (YUM) - Get Yum! Brands, Inc. Report Taco Bell offer low-paying (albeit now at least $15 an
If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won't be immune from those hikes. "I think it's a flattish market, to be honest," Harris told
In this article TSLA A Tesla mobile service vehicle outside a dealership in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Shares in electric vehicle maker Tesla climbed more than 10% closing at $936.72 on Monday after Credit Suisse upgraded the
In this article 6758.T-JP A gamer plays the video game 'Destiny 2' developed by Bungie Studios and published by Activision during the 'Paris Games Week' on October 31, 2017 in Paris, France. Chesnot | Getty Images Sony Interactive Entertainment has agreed to acquire privately held video game developer Bungie
In this article NYT This photo illustration shows a person playing online word game "Wordle" on a mobile phone in Washington, DC on January 11, 2022. Stefani Reynolds | AFP | Getty Images The New York Times is acquiring Wordle, an online game that shot up to popularity seemingly
The U.S. economy is ready for interest rate increases to control rampant inflation, Richmond Federal Reserve President Thomas Barkin said Monday. With the Fed poised to start hiking rates in March and beyond, Barkin told CNBC in a live interview that tighter monetary policy is appropriate.
Stocks surged for a second day Monday to wrap up a rough January, as investors snapped up some of the tech shares that have been battered all month. Despite the two-day relief rally, the S&P 500 and the Nasdaq Composite posted their worst months since the
In this article PTON A man walks in front of a Peloton studios on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Peloton has slashed 2022 sales projections for its apparel business, according to internal documents obtained by CNBC. Momentum
Text size An AT&T store in El Cerrito, Calif. The company will soon decide on what it will do with its 71% stake in the new Warner Bros. Discovery David Paul Morris/Bloomberg AT&T may be leaning toward a straightforward spinoff of the 71% stake in the new
