Business

bg
Start of luxury upgrade cycle: Here's what to know

Start of luxury upgrade cycle: Here's what to know

CNBC's Robert Frank joins 'Squawk Box' with a look at the state of the luxury sector.

bg
Meet the new top lawyers for the wealthy’s most complicated divorces

Meet the new top lawyers for the wealthy’s most complicated...

As today’s fortunes have ballooned in size and number, they’ve also expanded in...

bg
Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales

Birkin bag maker Hermes posts better-than-expected jump...

Haute couture fashion house Hermes on Friday reported a better-than-expected jump...

bg
President Trump's $5 million gold card tax loophole: Here's what to know

President Trump's $5 million gold card tax loophole: Here's...

CNBC’s Robert Frank joins 'Squawk Box' to discuss details of President Trump's $5...

bg
Trump’s proposed 'gold card' visa comes with a hidden tax break for the wealthy

Trump’s proposed 'gold card' visa comes with a hidden tax...

President Donald Trump's proposed $5 million "gold card" for U.S. residency would...

bg
Kering shares plunge 11¯ter Demna Gvasalia named as Gucci's artistic director

Kering shares plunge 11¯ter Demna Gvasalia named as...

Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia...

bg
Why China is behind the global luxury slowdown

Why China is behind the global luxury slowdown

2024 was one of the weakest years on record for global luxury goods sales. The driving...

bg
Ferrari says it will raise prices by 10% on some models to offset auto tariffs

Ferrari says it will raise prices by 10% on some models...

Ferrari produces all of its cars at its Maranello factory. Last year, the company...

bg
Billionaire Jorge Pérez and his sons reveal their three secrets to passing down the family business

Billionaire Jorge Pérez and his sons reveal their three...

As a growing share of family-business founders reach their 70s and 80s, questions...

bg
Chinese consumer companies signal spending is picking up again

Chinese consumer companies signal spending is picking up...

Chinese companies' latest earnings reports point to an improvement in consumer spending,...

bg
GameStop shares drop 22¯ter the retailer issues debt to buy bitcoin

GameStop shares drop 22¯ter the retailer issues debt...

The latest sell-off came after the video game chain announced plans to raise $1.3...

bg
Wall Street analysts say Elon Musk is the clear auto tariff winner: 'Tesla wins, Detroit bleeds'

Wall Street analysts say Elon Musk is the clear auto tariff...

Several Wall Street analysts see Tesla as benefiting from Trump's plan for levies...

bg
Stocks making the biggest moves premarket: PVH, Johnson & Johnson, Newsmax, Shake Shack and more

Stocks making the biggest moves premarket: PVH, Johnson...

These are the stocks posting the largest moves in premarket trading.

bg
Stocks making the biggest moves midday: Tesla, Newsmax, Bloom Energy, On Holding, Roblox and more

Stocks making the biggest moves midday: Tesla, Newsmax,...

These are the stocks posting the largest moves in midday trading.

bg
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold

Bank of America's CEO says economic growth is 'better than...

The Bank of America CEO said Wednesday that consumers are continuing to spend and...

bg
'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts

'Transitory' is back as the Fed doesn't expect tariffs...

Fed officials see inflation moving up this year more rapidly than previously expected,...