on Tuesday reported quarterly earnings and revenue that missed analysts' expectations as domestic same-store sales growth for all four of its chains fell short of Wall Street estimates. Shares fell about 2% in early trading following the r...

on Tuesday reported quarterly earnings and revenue that missed Wall Street's expectation as same-store sales at KFC and Pizza Hut slid more than expected. "The complex consumer environment that exists in many markets around the globe has...

has made one clear promise about who could help take up the during his second term as president: and conspiracy theorist Trump has been elected the 47th president of the U.S. in an extraordinary comeback for a former president who refused t...

wants to acquire bankrupt budget fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness previously lost out in a bankruptcy auction against U.K.-based, privately held fitness chain PureGym. Now the U.S. chai...

on Wednesday reported mixed third-quarter results as squeezed its bottom line. The earnings report is CEO at the helm of the troubled retail drugstore chain. The company expects to continue to pressure its performance this year, "and as a r...

DETROIT – over Vice President is expected to send the U.S. electric vehicle industry into a period of uncertainty. Republicans, led by the former president, have largely condemned EVs, claiming they are being forced upon consumers. has vo...

spurred a . Mortgage rates, which loosely follow the benchmark yield, are also climbing. The average rate on the 30-year fixed mortgage surged 9 basis points Wednesday to 7.13%, according to Mortgage News Daily. That is the highest rate sin...

DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will on imported vehicles under President-elect . European-traded shares of and were off around 6.5...

DETROIT — Automaker announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been battling high inventory levels and this year, said the decision...

raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 10% in after-hours trading. The cosmetics retailer's earnings came in well ahead of expectations on the top and bottom lines a...

For retailers and consumers finally feeling some relief from inflation, introduces fresh uncertainty around how prices could change during his presidency, analysts said Wednesday. Trump, who NBC News projects in a decisive victory, said dur...

The U.S. on Tuesday sued , the world's biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing "exclusionary" agreements on partners and smothering upstart firms. Visa's moves over the years have r...

The U.S. Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients' predesignated investment limits over a two-year period. Merrill, owned by , and Harvest have agreed in s...

's blockbuster diabetes drug may decrease the risk of in certain patients, demonstrating its potential as an alternative treatment for opioid use disorder, according to a released Wednesday. The active ingredient in Ozempic, semaglutide, wa...

Birria, which was once known as a regional Mexican food, has taken on a life of its own in the U.S., becoming a social media star and fast-food darling. Traditionally, birria is a beef or goat stew, slow cooked with spices and chiles to giv...