Have you noticed cafes popping up inside your favorite retail stores. I'm at the Uniglo store on Fifth Avenue in New York City, and behind me is a coffee bar tucked away in the back corner of the store. Customers can order a matcha or a latte while they shop.There's even a seating area. Ralph Lauren and Capital 1 were some of the pioneers of the retail coffee concept. They opened their first locations in New York City over a decade ago.Capital 1 told CNBC that it now operates 65 cafes nationally and Ralph L ...

The most important asset for Tesla is Musk. Many of these investors see the success of Tesla inextricably linked to Elon Musk. You hire a CEO to advance your company and grow your company.And look at what happened with shares of Tesla. You are rewarded if he meets the metrics that are laid out. Tesla CEO Elon Musk was just awarded the biggest CEO package ever.With a potential value of $1 trillion, Musk is already worth more than $650 billion following the release of that 2018 pay package. After a lengthy le ...

The U.S. private credit market is projected to grow from $3 trillion at the start of 2025 to nearly $5 trillion by 2029. Private credit is lending by non-bank financial institutions to businesses that take place outside of the public markets. There are so many advantages to private credit.There's the speed, the flexibility, the reach in companies that haven't really been reached before. Private credit typically provides loans to companies that are otherwise unable to obtain them through banks or public debt ...

I cover energy here at CNBC and here's what you need to know about Iran's role in the global oil markets. Iran pumps around 3.4% million barrels per day. By comparison, Saudi Arabia almost triples that at 9.5% million barrels and the U.S. pumps even more, about 13.5% million barrels per day.On top of that, existing sanctions due to disputes around Iran's nuclear program means that Iran's exports can't be sold on the open market. China has essentially become the lone buyer of Iranian barrels. What the sancti ...

Now we have one of the most important meetings of all, the official formation of what is known as the Board of Peace. President Trump initially proposed this 'Board of Peace' in the wake of the Gaza ceasefire, and his idea was to bring the international community in to help provide, you know, just basic safety, basic security, economic stability for Gaza, and have a number of countries kind of collectively share that burden. Since Gaza, the president's ambitions for this 'Board of Peace' have gotten a lot m ...

What's happening right now with this Lisa Cook case is an existential threat to the Federal Reserve. I think there's little doubt that the President wants to reshape the Federal Reserve Board. The President believes he ought to have a big say in the interest rates that are set by the Federal Reserve.This Supreme Court case is about whether Trump has the authority to dismiss Cook for cause. It's the first time a President has ever attempted to fire a Federal Reserve Board Governor in the 100 plus years of th ...

With mounting pressure to justify its AI costs, Meta's ambitions to serve enterprise customers face real challenges. Its latest acquisition, a reported $2 billion for Manus, which sells AI agents via subscription to small businesses and entrepreneurs, epitomizes that challenge. CNBC has heard from multiple customers that are canceling their subscriptions.While that's just a tiny percentage of Manus' subscriber base, it does speak to startups concerns about Meta. One of those customers is Seth Dobrin, the CE ...

Importers were hoping for quick refunds on billions of dollars spent on tariffs, but trade attorneys warn it could take years. The Court of International Trade, or CIT, is facing over 1,000 refund-related cases. If the Supreme Court rules tariffs are illegal, questions of refunds could bounce back and forth between the courts for months, or even years.I've been speaking with trade lawyers and other experts and there are three possible scenarios they lay out. Scenario one, the Supreme Court could rule the ta ...

The AI lab that avoided the hype has suddenly found itself at the center of it. >> Anthropic is one of the key AI names eyeing a potential IPO this year and it's looking to outmaneuver big spending rivals by showing you don't need the most chips to win. >> Anthropic story began 5 years ago with the defection.A core group of senior OpenAI researchers who helped build the systems that became chat GBT then left to create a lab where safety wasn't an afterthought. We had this really clear vision of the company ...

Ford just announced it's going to be making a $2 billion bet on a totally new industry: energy storage. That comes as automakers pivot away from EVs. Weaker sales and lowered forecasts are leading companies to find new uses for the battery factories they invested billions of dollars into. Energy storage is a natural next best option; big battery packs that store power for homes, businesses and even utilities they can collect electricity from, say, solar panels for use when the sun isn't shining.Or they can ...