Archive for December 16th, 2019

Oil held gains above $60 a barrel on optimism that cooling trade tensions between the U.S. and China will spur demand and as analysts forecast a decline in American crude inventories.

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The "chicken sandwich wars" have proven successful for Popeyes, which sold as many as 1,000 sandwiches per day, doubled store traffic and sold out of inventory in less than a month.

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"Very, very expensive prices out of the origins," said a coffee trader. "This year we are running a deficit. Brazil, the largest producer is producing less coffee."

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Cybercrime groups are actively exploiting a weakness in gas station point-of-sale (POS) networks to steal credit card data, Visa has revealed. The company's fraud disruption teams are investigating several incidents in which a hacking group known as Fin8 defrauded fuel dispenser merchants. In each case, the attackers gained access to the POS networks via malicious emails and other unknown means. They then installed POS scraping software that…

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Oprah Winfrey has extended her partnership with WW, formerly known as Weight Watchers, for another five years.

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Boeing has decided to bring the production of its 737 Max to a temporary halt in January as it continues to grapple with fallout from two deadly crashes that have left the jet grounded for nine months, according to two people briefed on the decision. Boeing is America’s largest manufacturing exporter and the largest component of the Dow Jones industrial average, and its decision to halt production is likely to send shocks through the American…

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Amazon is preventing third-party sellers from using FedEx's ground-delivery shipping.

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There is now a bipartisan bill for a child allowance.

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Streaming options are getting better, and Netflix may be left out in the cold.

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U.S. homebuilder sentiment advanced in December to the highest level since 1999 amid stronger sales and a surge in prospective buyer foot traffic.

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Aspen Day-Flynn and her boyfriend, Travis Tolin, were thinking of moving back to her native Washington state this fall when their Phoenix landlord helped give them the push. The monthly rent on their two-bedroom house jumped from $1,000 to $1,500 because the owner planned to renovate. “It really pushed us out the door faster,” said Day-Flynn, a 23-year-old hairstylist. She and Tolin, a 25-year-old tattoo artist, found an apartment…

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Avoid these at all costs — your retirement depends on it.

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Discounts pop up on just about everything at some point throughout the year, and knowing when to buy something can make a big difference at the register. Fortunately many bargains are cyclical, so it is possible to know they are coming. Use this cheat sheet to keep track of upcoming deals — and then pounce.

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Elizabeth Warren sat down with CNBC's John Harwood to discuss her campaign, her vision for remaking American capitalism and impeaching President Trump.

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Tariffs weren’t enough to compensate for old, accident-prone plants. Now the firm is taking financial risks to catch up with competitors using newer technology.

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