A 1996 McLaren F1 GTR.Crystal Lau | CNBCA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The classic car auctions in Monterey could reach a record $500 million...
Year: 2026
These charts show why stocks keep rallying. Profit margins are the highest on record
Tatiana Maksimova | Moment | Getty ImagesS&P 500 companies are keeping more profit from every dollar in sales than ever before, providing another tailwind for stocks.Using FactSet data, John Butters, senior earnings analyst and vice president at FactSet, showed that the S&P 500's blended net profit margin is running at...
Wholesale prices were flat in July, below expectations for 0.2% increase
Wholesale costs for goods and services were flat in July, the Bureau of Labor Statistics reported Thursday in the latest positive sign for inflation.The producer price index, a measure of underlying inflation pressures, was unchanged for the month, below the 0.2% Dow Jones consensus estimate and after falling 0.1% in...
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company's CEO after its earnings miss this week.Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets its energy drinks to athletes...
Cyclospora fears lead consumers to lose their appetite for salads
People shop at the Union Square Greenmarket on August 07, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesWarm weather usually drives salad sales, but consumers spooked by the ongoing cyclospora outbreaks are avoiding lettuce this summer.Traffic to Chopt Creative Salad Co. locations fell...