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Luigi Mangione appears for a pre-trial hearing at Manhattan Criminal Court in New York on Tuesday. On Friday in federal court, Mangione pleaded guilty on federal stalking charges. Steven Hirsch/Pool New York Post hide caption toggle caption Steven Hirsch/Pool New York Post Luigi Mangione, the 28-year-old accused of killing a health care executive on a Manhattan street, pleaded guilty to stalking charges in federal court Friday. Mangione faced those charges in connection with the December 2024 shooting death of UnitedHealthcare CEO Brian Thompson. “I knew what I was doing,” Mangione said in court Friday. “I shot Mr. Thompson in Manhattan…

A group that includes Jeff Bezos has struck a deal with Fenway Sports Group to become minority owners in Liverpool Football Club, FSG said Friday.The deal is the Amazon founder’s first investment in a sports property. The consortium will buy roughly one-third of the Premier League club, and the minority transaction is valued at about $7.1 billion, according to people familiar with the matter who were not authorized to speak publicly. As a condition of the deal, the investment group has an option to become the majority shareholder of Liverpool at a valuation around $8 billion in the next 12…

It’s been a surprisingly cool summer on the inflation front, but there are still macro forces lurking that could cause the Fed to leave interest rates higher for long. Morgan Stanley’s chief US economist, Michael T. Gapen, said in a note to clients on Friday that core consumer price index data shows inflationary trends are receding. In his team’s view, this will likely pave the way for the Fed to be patient and not rush to take action on interest rates after opting to hold them steady at the July meeting. However, that forecast hinges on two key assumptions holding…

This as-told-to essay is based on a conversation with Simone I. Smith, founder of Simone I. Smith Jewelry. It has been edited for length and clarity.Earlier this year, I spoke with middle schoolers at the same Queens school that I grew up attending. A lot has changed since I attended that school while being raised by my grandparents. Some things have stayed the same, though — my best friend from first grade still brings over pizza from our favorite joint when she’s near my house.I told those kids that communication is key in business. And, you’ve got to surround yourself…

Josh D’Amaro, chairman of Disney Experiences, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China.Vcg | Visual China Group | Getty ImagesDisney CEO Josh D’Amaro told CNBC’s Julia Boorstin on Friday that the company’s parks division was a “big surprise” last quarter and that he feels confident about the company’s trajectory in the first few months of his tenure at the top of the media giant. “We’re delivering on everything that we said we’re going to deliver on,” D’Amaro said. “I think there’s clarity inside of the organization in terms…

The UK is going through its fifth heat wave this summer. At this point, trying to stay cool feels like a full-time job.Unfortunately for me, I’m the sort of person who struggles with both the cold and heat. A breezy day at 70 degrees Fahrenheit is my idea of nice weather.The hottest temperature recorded this summer so far was 101 degrees in Kew Gardens, London, on Thursday, and the UK’s Met Office says this summer is on track to be the hottest on record.Of course, this kind of temperature is typical in many parts of the world, but living in…

Ever since becoming a mom 12 years ago, most of my work has been freelance.Being self-employed has always been the only way I could work, as my partner has no flexibility in his job, we haven’t had family who could consistently watch the kids, and I couldn’t afford to put my three kids in childcare.If I wanted to make money and keep my résumé up to date, working for myself was the only option. It gave me the flexibility I needed.I struggled to get freelance workHowever, last November, running my own freelance journalism business became overwhelming. I watched as publication…

Disney CEO Josh D’Amaro’s dream of building a streaming “super app” is coming into focus, but big questions remain about whether it can juice revenue and engagement.”Disney+ will continue to evolve, bringing together games, merchandise, and other experiences, while offering increased personalization, exclusivity, and benefits for subscribers,” D’Amaro told employees in a post-earnings memo last week, first reported on by Business Insider.The supercharged Disney+ would “deepen engagement, improve the value proposition, lower churn, and — most importantly — increase lifetime fan value,” D’Amaro said to staffers. The memo said these updates could come starting next spring.Some media analysts are skeptical…

Homes line the streets of a neighborhood in Thousand Oaks, California, May 23, 2026.Kevin Carter | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Investors in the single-family housing market are increasingly concerned about interest rates, rising insurance and home costs, and the ongoing war with Iran. As a result, they are less confident in their…

SpaceX’s stock could come under pressure again as more early investors gain the freedom to cash in their stakes, said research analyst and “Prof G Markets” podcast co-host Ed Elson.Elson discussed the risks surrounding SpaceX’s mega IPO in June during an episode of Kara Swisher’s “On” podcast, released on Thursday.He said that although SpaceX’s first major lockup expiration didn’t trigger the sell-off some investors feared, the company still has seven more rounds of shares scheduled to become eligible for trading by the end of the year.Elson predicted “a lot of selling pressure” as early backers look to realize their SpaceX…