Jim Cramer says price stability is right around the corner

CNBC’s Jim Cramer on Thursday said the Federal Reserve is closer to winning its battle against inflation than Wall Street might believe. “Price stability … is right around the corner,̶...

LVMH optimistic as Chinese shoppers and tourists return

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes | Reuter...

China’s Big Comeback Is Just Getting Started. How to Play It.

Talk about a comeback. As China abandons policies that stifled economic growth for the past three years, investors have sent the country’s stocks soaring—up more than 50% since October. The rally migh...

Daughter of world’s richest man takes the helm at Dior as LVMH reshuffles its two biggest fashion houses

The biggest luxury brand in the world has announced a shake-up of its two major fashion labels, a move that has put the daughter of the world’s richest man in charge at one of them. LVMH Moët Hennessy...

China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now.

Chinese stocks look poised to keep bouncing into the Year of the Rabbit. As authorities peel back some of the last Covid restrictions this weekend and policy makers prioritize reviving the world’s sec...

Who Replaces Elon Musk if He Drops Another Notch on the Rich List

Elon Musk’s wealth has taken a beating lately, making him only the world’s second-richest person. More declines could place him in third in a shift that would highlight how vast wealth can be found in...

Elon Musk is no longer the richest person in the world

SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Bl...

Tickets on the Orient Express are sold by two companies

The “Orient Express” has been called the “king of trains” and the “train of kings.” Royalty, writers, actors and spies have ridden the original route between Paris ...

How the CNBC Stock World Cup 2022 works

Zoom In IconArrows pointing outwards CNBC World Stock Cup 2022 CNBC Asia From Apple to Tencent, LVMH to BHP, Naspers to Netflix. As we head into the World Cup season, CNBC will be taking a look at som...

5 Active Mutual Funds for the Long Run, Plus Five Runners-Up

Gone are the days when star mutual fund managers were household names. The strong personalities that once dominated fund management—think Bill Gross or Peter Lynch—have moved on. Many active mutual fu...

LVMH buys California wine giant Joseph Phelps as high-end drinks market soars

LVMH’s Moet Hennessy division on Wednesday announced it has acquired California wine-maker Joseph Phelps Vineyards, as the French luxury goods giant continues to broaden its drinks portfolio. Th...

Warren Buffett Leapfrogs Mark Zuckerberg as Tech Slump Shakes Up Rich List

Text size Berkshire Hathaway CEO Warren Buffett. Paul Morigi/Getty Images for Fortune/Time Inc. Tech stock investors nursing heavy losses so far this year may want to seek solace with a quick glance a...

LVMH CEO Arnault says ‘we have to be wary of bubbles’ with the metaverse

French luxury group LVMH Chairman and Chief Executive Officer Bernard Arnault Eric Piermont | AFP | Getty Images LVMH Chief Executive Bernard Arnault said Thursday that the metaverse could become a bu...