Business and Finance

financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.

55-year-old with lucrative backyard side hustle: ‘Anyone can do this’

This story is part of CNBC Make It’s Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they’ve used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. It took Rodney Melton just over a year to build a …

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Can a diet really reduce your risk of developing dementia?

Certain lifestyle factors can lower your chances of developing dementia, from physical activity to brain-stimulating exercises and even the foods you incorporate in your diet. “[Some] diets have been shown across the board, in many studies, to be associated with less risk of dementia, less risk of brain diseases and longer lifespans,” according to Dr. …

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Couple lost $40M ice cream company—how they’re rebuilding

For Brian Smith and Jackie Cuscuna, co-founders of Ample Hills Creamery, building an ice cream business has been a rocky road. The husband-and-wife duo started with an ice cream push cart before opening their first Ample Hills shop in Brooklyn, New York, in 2011. At its height, Ample Hills was valued at $40 million, with …

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Citigroup CEO sees cracks emerging among consumers

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser. The third-largest U.S. bank by assets has been monitoring its credit card customers for signs of distress, Fraser told CNBC’s Sara Eisen on Friday in an interview. “We are paying attention to the …

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United Airlines pilots approve contract with up to 40% raises

Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona Airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines pilots approved a new contract with compensation increases of as much as 40.2% over the four-year contract, making the carrier the last of the three largest U.S. airlines to seal …

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How to decide whether to roll over an old 401(k), from money experts

About 50 million Americans quit their jobs last year, and many left behind more than open floor plans and micromanaging bosses. As of earlier this year, job switchers had left their money in some 29 million 401(k) accounts with former employers, according to estimates from financial services firm Capitalize. That’s about 25% of money in …

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Blue Apron to be acquired by Wonder Group for $103 million

Scott Eisen | Getty Images News | Getty Images Meal kit business Blue Apron announced Friday it has agreed to sell itself to food and restaurant company Wonder Group, founded by entrepreneur Marc Lore, for $103 million. The deal, at $13 per share, represents a significant premium from Blue Apron’s per-share price at Thursday’s close …

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