CNBC Make It

9 hours ago | cnbc.com | Karen Gilchrist

An Equestrian Knight Device logo on a flag outside the Burberry Group Plc luxury boutique in London, UK, on Tuesday, May 13, 2025. Bloomberg | Getty ImagesBurberry on Wednesday announced a slew of organizational changes, amid continued turnaround efforts at the embattled luxury house. The company said the measures could lead to a "reduction in people-related costs which could impact around 1,700 roles globally" over the lifetime of the program, set to complete in 2027.

18 hours ago | cnbc.com | Gabrielle Fonrouge

A customer enters an American Eagle store on April 4, 2025 in Miami, Florida. Joe Raedle | Getty ImagesAmerican Eagle on Tuesday said it's writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain economy. The apparel retailer said it expects revenue in the first quarter, which ended in early May, to be around $1.1 billion, a decline of about 5% compared to the prior-year period.

20 hours ago | cnbc.com | Talia Kaplan

Coinbase shares soar as the crypto exchange gears up to join S&P 500: CNBC Crypto WorldOn today’s episode of CNBC Crypto World, Coinbase shares surge after it was announced that the crypto exchange is joining the S&P 500. Plus, Robinhood says it will buy the Canadian crypto firm WonderFi as the retail trading platform looks to expand its global footprint. And, Michael Sonnenshein of Securitize discusses a new partnership with VanEck to launch the asset manager’s first tokenized fund.

21 hours ago | cnbc.com | Jeff Marks |Kevin Stankiewicz

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are building on Monday's strong gains, following a major step toward de-escalating the U.S.-China trade war, as both countries agreed to reduce tariffs while a bigger deal is worked out. With Tuesday's rally, the S & P 500 has turned positive for the year and is now trading at its highest level since mid-March.

21 hours ago | cnbc.com | Mike Winters

Earning more than $110,000 in household income doesn't make you rich — but in most states, it means you're upper-middle class. Nationwide, upper-middle class households earn a median income between $117,000 and $150,000, according to a new GOBankingRates analysis of 2023 Census Bureau data. The analysis is based on Pew Research's definition of middle class: households earning between two-thirds and twice their state's median income.