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Mercedes-Benz USA CEO Adam Chamberlain noted that the auto market in 2026 is more challenging than anticipated due to elevated loan rates and economic concerns. Despite $4 gas prices and higher tariffs, Mercedes aims for a significant sales increase and is investing in production.

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Iran war threatens higher prices for China-made goods in the U.S.
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Pickleball paddle producer Devi Wei has a message for U.S. shoppers.
"Americans will have to pay more," the Chinese businessman told CNBC at a Beijing trade show last week at the China

Tiger Woods of Jupiter Links Golf Club looks on before the match against the Los Angeles Golf Club at SoFi Center in Palm Beach Gardens, Florida, March 24, 2026.
Adam Glanzman | TGL Golf | Getty Images
Tiger Woods' future in professional golf remains unclear as he seeks treatment after a

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The NFL shield logo on the field during a preseason game between the Los Angeles Rams and the Houston Texans at NRG Stadium in Houston on Aug. 24, 2024.
Ric Tapia | Getty Images Sport | Getty Images
The NFL is asking

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A Sam's Club in Miami, July 7, 2025.
Joe Raedle | Getty Images
Walmart-owned Sam's Club said Wednesday it will raise its annual membership fee by $10.
Starting on May 1, the warehouse club — which directly competes with

Samuel Boivin | Nurphoto | Getty Images
Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets.
Rep. Seth Moulton, D-Mass., decried the Polymarket page that allowed users to be

A customer shops in a grocery store on March 11, 2026 in Miami, Florida.
Joe Raedle | Getty Images
Rising grocery prices in the U.S. as the result of the Iran war could be among the most politically damaging outcomes of the conflict just months before a critical U.S. election. 
Two years

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A Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026.
Brandon Bell | Getty Images
Shares of Nike fell in extended trading Tuesday after the retailer warned sales will fall for the rest of the calendar

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Nike Inc. signage on the floor of the New York Stock Exchange, Dec. 31, 2025.
Michael Nagle | Bloomberg | Getty Images
When Nike reported fiscal third-quarter earnings on Tuesday night, investors were looking for evidence

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Biotech takeover targets: Here’s what you need to know
Money Movers
Eli Lilly has agreed to pay up to $7.8 billion to acquire Centessa Pharmaceuticals and its experimental drug

Eli Lilly's CEO, Dave Ricks, opposes the White House's move to codify "most favored nation" drug pricing, arguing it could harm future medicine development and the pharmaceutical industry. Lilly aims to address these concerns with policymakers.

BERLIN, GERMANY - MARCH 16: A truck and a bicyclist pass by a petrol station that shows gasoline prices well over EUR 2.00 per litre on March 16, 2026 in Berlin, Germany. The German government, in response to dramatic price increases of petrol in Germany since the outbreak of the U.S.-Israeli

Check out the companies making the biggest moves in midday trading: Eli Lilly — The Food and Drug Administration approved Foundayo , the company's once-daily GLP-1 pill to treat obesity. Shares rose about 4% on the news. Hasbro — The toymaker fell more than 4% after it disclosed a cybersecurity

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Eli Lilly CEO: Our pill supply can 'reach the planet'
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The U.S. Food and Drug Administration has approved Eli Lilly's GLP-1 pill, the company said, a major milestone for the

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Rare trading cards are outpacing Wall Street. Here's why
CNBC Digital Original Video
Pokémon cards aren't just childhood collectibles anymore.
Some owners are increasingly treating the

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Ryan Gosling stars as Ryland Grace in Amazon MGM's "Project Hail Mary."
Amazon MGM
"Project Hail Mary" is setting records for Amazon MGM and lighting the path for a box-office revitalization.
The science fiction flick, star

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Where Trump’s tariff rates are headed next
Economy
The Trump administration on Thursday imposed new tariffs on branded drugs from pharmaceutical companies that have not struck deals with the

Starbucks will launch a quarterly bonus program for baristas and shift supervisors, aiming to improve performance and aid in the company’s turnaround. Bonuses will depend on meeting specific targets, while negotiations with unionized locations may delay payouts. Changes also include expanded tipping options and weekly pay.

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Wegovy semaglutide tablets.
Michael Siluk | Universal Images Group | Getty Images
Novo Nordisk on Tuesday launched a multi-month subscription program for its Wegovy obesity drug products that aims to

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International Energy Agency (IEA) Executive Director Fatih Birol gives a press conference in Brussels on March 6, 2026.
Nicolas Tucat | Afp | Getty Images
The coming month will see an intensification of the oil supply con