Chipotle Braces for Another Quarter of Slumping Sales Amid Consumer Spending Shift
The fast-casual chain is projected to post a third consecutive quarter of declining same-store sales as economic pressures squeeze its core young adult demographic.
The fast-casual chain is projected to post a third consecutive quarter of declining same-store sales as economic pressures squeeze its core young adult demographic.
The premium outdoor brand appoints Tommy Hilfiger alum Avery Baker to a newly created role, alongside a new EMEA managing director from Celine, signaling an aggressive strategy to expand its global footprint and connect with wider audiences.
A leading Rio de Janeiro samba school's decision to center its Carnival parade on President Luiz Inácio Lula da Silva has ignited a fierce political debate, with opponents decrying it as premature campaign propaganda months before October's presidential election.
Austin Thompson, who pleaded guilty to murdering his brother and four neighbors in a 2022 shooting spree in Raleigh, faces sentencing this week. The case has reignited debates on youth violence and gun access.
The race for public capital intensifies in the tech and space sectors. OpenAI reportedly fast-tracks its IPO to Q4 amid fierce competition with Anthropic, while York Space Systems and Ethos successfully launch their first trading days, signaling a robust start for new listings.
As demand for AI compute power surges, infrastructure providers Applied Digital and CoreWeave are posting explosive growth. But behind the soaring revenues lie starkly different financial profiles and risks, forcing investors to look beyond the hype.
Shares of the data analytics firm surged after it posted record revenue and issued ambitious 2026 guidance, signaling its AI platform is driving explosive commercial growth.
Outdoor advertising giant Lamar Advertising has expanded its footprint in the Ohio market through the cash acquisition of Cleveland Outdoor Advertising's assets, integrating dozens of prime billboard locations into its portfolio.
Blackstone President Jon Gray warns that AI-driven disruption is a paramount concern for the $1.27 trillion asset manager, urging a focus on infrastructure investments as the safest play in the transformative trend.
Avis Budget Group is closing Zipcar's Boston headquarters, laying off 128 employees and moving core operations to its New Jersey base, marking a significant shift for the pioneering car-sharing brand it acquired in 2013.
CNBC's Jim Cramer advised viewers to avoid Energy Fuels (UUUU) during a recent lightning round, instead pointing to GE Vernova (GEV) as his preferred pure-play investment to capitalize on the nuclear energy resurgence.
CNBC's Jim Cramer warned investors to steer clear of Rithm Capital Corp. (RITM), labeling the mortgage-focused REIT as overly speculative due to what he described as a lack of transparency around its underlying holdings.
CNBC's Jim Cramer highlighted Hinge Health (NYSE:HNGE) as a promising healthcare stock, praising its digital solution for chronic pain and injury recovery during a recent 'Lightning Round' segment.
Financial expert Suze Orman highlights a pervasive spending habit that is quietly consuming a quarter of the average retiree's Social Security income. As savings rates plummet and retail spending climbs, her advice to reclassify 'wants' as 'needs' strikes at the heart of a growing financial discipline crisis.
President Trump's nomination of inflation hawk Kevin Warsh to lead the Federal Reserve has sent shockwaves through commodity markets, wiping billions from gold and silver valuations as the dollar surges.
The Science Based Targets initiative (SBTi) has released a new draft of its sector-specific net-zero standard for automakers, introducing key clarifications and providing companies with a choice in how they set emissions reduction targets based on vehicle sales or product use.
A surge of new apartment construction in the Raleigh area is giving renters more options and negotiating power, with rents cooling notably in several key neighborhoods. We break down the data and the deals.
New forecasts project Google's Pixel line to significantly outpace a slowing global smartphone market in 2026, fueled by AI features and international expansion, while component shortages squeeze competitors.
The newly arrived U.S. Chargé d'Affaires to Caracas has laid out a three-phase plan aimed at steering Venezuela toward stability and democracy, signaling a cautious re-engagement a month after the military removal of Nicolás Maduro.
Air India has initiated inspections of fuel control switches across its entire Boeing 787 fleet after a pilot reported a potential defect, grounding one aircraft. The move comes as Indian authorities continue to investigate last year's fatal Dreamliner crash.