Business

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Kraft Heinz split: Steve Cahillane named CEO for one division; appointment effective January 1, 2026

Kraft Heinz split: Steve Cahillane named CEO for one division;...

Kraft Heinz has named Steve Cahillane as its new CEO starting January 1, 2026. He...

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Investors are all in on stocks: Bank of America survey shows record low cash level

Investors are all in on stocks: Bank of America survey...

The share of portfolios in cash fell to a record low 3.3% in December, according...

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Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that's a bad idea

Nasdaq moves to make trading nearly 24 hours. Why some...

Critics argue that formalizing nearly nonstop trading could worsen some of the very...

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Birkin bag prices are sinking at auction despite high-profile sales

Birkin bag prices are sinking at auction despite high-profile...

Luxury experts say aspirational luxury consumers are facing new pressures from inflation...

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IndiGo chaos aftermath: Aviation turbine fuel sales plunge; down over 4 per cent in early December

IndiGo chaos aftermath: Aviation turbine fuel sales plunge;...

India's aviation fuel sales dipped over 4% in early December, primarily due to IndiGo's...

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Hassett says Fed independence is ‘really important’ and chair candidates shouldn’t be disqualified for being Trump’s friend

Hassett says Fed independence is ‘really important’ and...

Hassett declined in a CNBC interview to directly address his own candidacy but said...

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GCCs reshape India’s tech jobs: Hiring grows four times faster than IT services; AI-led roles drive surge

GCCs reshape India’s tech jobs: Hiring grows four times...

In a remarkable shift in ten years, Global Capability Centres (GCCS) are accelerating...

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World's richest just got richer! Elon Musk becomes first person to cross $600 bn net worth — how SpaceX's $800 bn valuation helped

World's richest just got richer! Elon Musk becomes first...

Elon Musk has become the first person to exceed a $600 billion fortune, driven by...

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Kevin Warsh moves ahead in Fed chief race on Kalshi after Hassett pushback

Kevin Warsh moves ahead in Fed chief race on Kalshi after...

Traders marked Warsh as the narrow favorite to replace Jerome Powell, assigning...

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Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show

Payrolls rose by 64,000 in November after falling by 105,000...

Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment...