CarMax Stock Crashes After 4th-Quarter Miss
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11Apr
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11Apr
How PayJoy built a $300M business by letting the underserved use their smartphones as collateral for loans
Lerato Motloung is a mother of two who works in a supermarket in Johannesburg, South Africa. After her phone was stolen, Motloung had to go without a mobile phone for nine months because she could not afford a new one. Then, in February 2024, she saw a sign about...
11Apr
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11Apr
Buffalo Wild Wings Go format grows as more sales move off premise
A sign is seen on a Buffalo Wild Wings restaurant on November 28, 2017 in Miami, Florida. Joe Raedle | Getty Images News | Getty ImagesBuffalo Wild Wings opened its 100th Go location on Wednesday in New York City, four years after unveiling the quick-service offshoot of its sports bar...
11Apr
Wholesale prices rose 0.2% in March
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected.The producer price index rose 0.2% for the month, less than the 0.3% estimate from the Dow Jones consensus and not...
11Apr
ECB holds interest rates, gives strong signal that cuts are on the way
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2024. Bloomberg | Bloomberg | Getty ImagesThe European Central Bank on Thursday held interest rates steady for a fifth straight meeting, as anticipation builds for rate cuts in...
11Apr
NKE, KMX, HOOD, ALPN and more
Check out the companies making the biggest moves in premarket trading: CarMax — Shares sank 9% after the used-car retailer reported an earnings and revenue miss for its fourth quarter. CarMax's earnings came in at 32 cents per share, versus the 49 cents expected from analysts polled by LSEG....
11Apr
Goldman Sachs promotes Carey Halio to global treasurer
Carey Halio, Goldman Sachs' head of strategy and investor relations, is getting promoted to global treasurer at the bank, according to people familiar with the matter. Her new role, effective June 1, encompasses authority over the firm's more than $1.6 trillion balance sheet, with responsibilities including overseeing the firm's liquidity,...
11Apr
Denver-Boulder area benefits from burgeoning aerospace industry
These giant white structures called radomes at Buckley Space Force Base in Colorado house massive satellite dishes.CNBCThis story is part of CNBC's quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees.In the shadow...