Business

Auto executives are hoping for the best and planning for the worst in 2026

Auto executives are hoping for the best and planning for the worst in 2026

✨ Read this trending post from Business News đź“– đź“‚ **Category**: âś… **What You’ll Learn**: US President Donald Trump and Ford CEO Jim Farley applaud, as President Trump visits the Ford Production Center, in Dearborn, Michigan, US, January 13, 2026. Evelyn Hochstein | ReutersDETROIT — The only consistency has been inconsistency in the U.S. auto industry during the first half of this decade — a trend that is expected to continue amid challenging market conditions in 2026.The U.S. auto sector — a critical driver of the economy estimated at 4.8% of U.S. GDP — has been plagued by sustained crises…
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Warren criticizes CFPB director Vought for undermining Trump’s credit card affordability

Warren criticizes CFPB director Vought for undermining Trump’s credit card affordability

✨ Explore this awesome post from Business News đź“– đź“‚ **Category**: đź’ˇ **What You’ll Learn**: US Senator Elizabeth Warren (D-Mass.) and US Office of Management and Budget Director Russell Vought.Kevin Mohatt | Kevin Lamarque | | ReutersSen. Elizabeth Warren on Friday accused the acting head of the Consumer Financial Protection Bureau of undermining President Donald Trump's stated push to make credit cards more affordable, according to a letter obtained exclusively by CNBC.In a letter to acting CFPB Director Russell Vought, Warren, a Democrat from Massachusetts, noted that last year the agency dropped a rule limiting credit card late fees, sided…
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Wall Street braced for a collapse in private credit. The risk is rising

Wall Street braced for a collapse in private credit. The risk is rising

🚀 Check out this awesome post from Business News đź“– đź“‚ **Category**: âś… **What You’ll Learn**: The sudden collapse last fall of a string of US companies backed by private credit brought into focus a fast-growing and murky lending corner on Wall Street.Private credit, also known as direct lending, is an umbrella term for lending done by non-bank institutions. The practice has been around for decades, but rose in popularity after post-2008 financial crisis regulations discouraged banks from serving riskier borrowers. That growth — from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029 — and the bankruptcies…
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Next steps for Eli Lilly, Novo Nordisk and Pfizer

Next steps for Eli Lilly, Novo Nordisk and Pfizer

đź’Ą Read this insightful post from Business News đź“– đź“‚ **Category**: đź’ˇ **What You’ll Learn**: A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, January 15, 2026.George Fry | Bloomberg | Getty ImagesThe future of the booming obesity drug market won't rest on drugs that deliver greater weight loss alone. Senior executives from large and small pharmaceutical companies told CNBC that the next phase of the space will be defined by a broader range of treatment options and improved access for patients. Those were among the topics that came up at JPMorgan's annual healthcare conference…
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C-PACE CRE Lending is Suddenly Seeing Record Deals

C-PACE CRE Lending is Suddenly Seeing Record Deals

🔥 Discover this insightful post from Business News đź“– đź“‚ **Category**: đź’ˇ **What You’ll Learn**: Wipro | moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.A specific type of loan that helps commercial building owners pay for large improvements to save energy or water, add renewable energy, or improve resiliency is seeing explosive…
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Rich advisors say AI is not a game-changer in attracting new clients

Rich advisors say AI is not a game-changer in attracting new clients

🚀 Explore this insightful post from Business News đź“– đź“‚ **Category**: âś… **What You’ll Learn**: D3sign | moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Market data companies are touting artificial intelligence as the key to locating ultra-high-net-worth clients. But leaders at elite advisory firms told Inside Wealth they're not sold. To begin with, while AI products can expose the data and contact information of high-net-worth individuals, this is only half the battle.…
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Capital One is buying startup Brex for $5.15 billion in the credit card company’s latest deal

Capital One is buying startup Brex for $5.15 billion in the credit card company’s latest deal

đź’Ą Read this must-read post from Business News đź“– đź“‚ **Category**: đź’ˇ **What You’ll Learn**: BRICS founders Pedro Franceschi and Henrique Dubugras.BrixCapital One It said Thursday it has acquired payments startup Brex for $5.15 billion, the latest blockbuster deal by CEO Richard Fairbank.The company, which revealed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50% stock for Brix.The bank's shares fell by about 3%.Under Fairbank, the rare founder and CEO of a major U.S. bank, Capital One acquired rival card company Discover Financial last year for about $35 billion. The deal was Fairbank's biggest…
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When the super-rich employ family members, what to pay them can be difficult

When the super-rich employ family members, what to pay them can be difficult

🔥 Read this must-read post from Business News đź“– đź“‚ **Category**: 📌 **What You’ll Learn**: A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Ultra-wealthy families are increasingly using their personal investment companies to bring millennial and Gen Z heirs into the fold. In a tough job market, it's a way for younger family members to get job experience, according to Joshua Gentin, a family office consultant. Moreover, there are more opportunities for next-generation heirs to participate…
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Flexible office company Industrious is seeing significant growth

Flexible office company Industrious is seeing significant growth

🚀 Read this awesome post from Business News đź“– đź“‚ **Category**: 📌 **What You’ll Learn**: Flexible and hardworking office space.Courtesy: hardworkingA version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.Just a year ago, commercial real estate was a giant CBRE It was acquired by Industrious, a flexible office company that opened its first space in 2013 and…
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General Motors is moving production of its Chinese-made Buick SUV to a factory in the United States

General Motors is moving production of its Chinese-made Buick SUV to a factory in the United States

đź’Ą Check out this insightful post from Business News đź“– đź“‚ **Category**: âś… **What You’ll Learn**: Employees work on a Buick Envision SUV at General Motors' Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., in Yantai, Shandong Province, China, November 17, 2022.Tang Ke | China Optical Group | Getty ImagesDETROIT — GM The company plans to move production of Buick's compact SUV from China to the United States for domestic sales, the company confirmed Thursday.GM said the next generation of the vehicle is expected to be built at the automaker's Fairfax Assembly plant in Kansas…
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