Disney is raising prices, but this time, don't blame inflation
Disney is raising prices on the strength of its brand and products rather than because of inflation.
CNBC US News
GM reveals new GMC Canyon premium midsize pickup, starting at $40,000
GM expects to begin producing the 2023 Canyon early next year, with new AT4X off-road models beginning in spring.
Back-to-school shopping takes 'a major financial toll' amid high inflation. Here's how to save on supplies for the fall
Top tips to save on school supplies as back-to-school shopping takes a bigger bite of the budget this year.
Wholesale inflation fell 0.5% in July, in another sign that price increases are slowing
The producer price index, which gauges the prices received for final demand products, fell 0.5% from June.
Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month.
Ford CEO doesn't expect electric vehicle battery costs to drop anytime soon
Ford CEO Jim Farley said the prices of key battery minerals will likely stay elevated for a while, but the company is looking into alternatives.
Google pushes Apple to adopt a new kind of text messaging, criticizes 'green bubbles'
Google, the developer of the Android operating system, has increased its pressure on Apple to adopt RCS, a next-generation standard for text messaging.
Samsung just announced two new phones that fold in half
Samsung's Galaxy Z Fold 4 and Galaxy Z Flip 4 can be ordered Wednesday and launch Aug. 26.
Mike Pence says FBI search of Trump's home raises 'deep concern,' urges Garland to explain
Pence's tweets echoed complaints that Trump and his political allies are being unjustly targeted by the DOJ and its Biden-backed AG Merrick Garland.
Disney lowers longer-term forecast for Disney+ subscribers by 15 million
Disney lowered its Disney+ subscriber guidance to 215 million to 245 million by the end of fiscal 2024.
Wild swings in mortgage rates last week caused a rare surge in refinancing
Mortgage rates made unusually wide swings last week, and that may have caused some borrowers to try to take advantage and save money on a refinance.
FCC denies SpaceX bid for nearly $1 billion in rural broadband subsidies for Starlink
The FCC said Starlink "failed to demonstrate that the providers could deliver the promised service" needed to receive the subsidies.
10-year Treasury yield falls slightly after July consumer prices come in unchanged from prior month
Yields fell in response to a data release showing slower inflation in July.
How the EV tax credits in Democrats' climate bill could hurt electric vehicle sales
Proposed tax credits of up to $7,500 for EVs under the Inflation Reduction Act could be counterintuitive for sales of EVs, according to several companies.
Jim Beam maker says some customers trading down, others still paying more for high-end liquor
Some price-sensitive whiskey and tequila drinkers are swapping out their high-end bottles for cheaper options, according to Beam Suntory.
Boeing delivers first 787 Dreamliner since 2021 ending pause over manufacturing flaws
American Airlines took the first delivery from Boeing's 787 factory in South Carolina, the carrier's CEO, Robert Isom, said in an Instagram post.
Gas is cheaper but groceries are not: How to save as food inflation jumps at the fastest pace since 1979
Food costs climbed 1.1% in July, bringing the year-over-year gain to 10.9%, according to the latest Consumer Price Index figures.
Business travel costs are expected to rise through 2023, industry report says
Business travel has rebounded but challenges include economic weakness and labor shortages.
With or without federal student loan forgiveness, colleges must tackle affordability crisis, experts say
Increasingly, high school students are rethinking the value of a four-year degree. Many want a more direct path to a job without all the debt.
Elon Musk sells 7.92 million Tesla shares worth $6.88 billion
Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night.
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