Business

65-year-old quit his job and emptied his life savings to start a business — now he’s worth $11 billion

This story is part of CNBC Make It’s The Moment series, where highly ...

GM to increase production of high-performance Cadillac Escalade V8 SUV

DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as ...

Fed Governor Christopher Waller sees central bank ‘getting closer’ to an interest rate cut

Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate ...

Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates

Gold jumped to a record Tuesday as rising expectations of a ...

Willow Bay, Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250 million valuation

Willow Bay and Bob Iger will take a controlling stake in Angel City ...

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

Mortgage rates dropped to the lowest level since March last week, ...

John Deere to abandon Pride festival sponsorships following online right-wing pressure campaign

John Deere said Wednesday it would cease lending its name to ...

Redbox set to close as DVD market withers in streaming’s shadow

DVD rental service Redbox is set to shut down after 22 ...

Delta says the Olympics will cost it $100 million as travelers skip Paris

For more than 10,000 Olympic athletes, making it to Paris this ...

He plays rich on screen but dreams of full-time work: ‘Why can’t I get a living wage?’

Editor’s note: This is part of NBC News’ Checkbook Chronicles, a ...