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Photographer: Nikita Sobolkov/nikkytok – stock.adobe.com Depending on the nature of the business, various provisions of the One Big Beautiful Bill Act may work together to spur favorable tax advantaged transactions across an entire industry — and most experts wouldn’t hesitate to nominate real estate as one of the leading beneficiaries of the new law. “We were very pleased with the outcome for our clients,” said Chase Inda, a principal in the construction and real estate services practice of Top 10 Firm Baker Tilly.”The [Tax Cuts and Jobs Act] provided a huge lift for pass-through entities. In real estate, most of the…

Susan Monarez, President Donald Trump’s nominee to be the Director of the Centers for Disease Control and Prevention (CDC), arrives to testify for her confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions in the Dirksen Senate Office Building on June 25, 2025 in Washington, DC.Kayla Bartkowski | Getty ImagesThe White House on Thursday said President Donald Trump has fired Centers for Disease Control and Prevention Director Susan Monarez after she refused to resign, and that a new replacement will be named soon.”The president fired her, which he has every right to do,” White House press secretary…

Key PointsInvestors are increasingly drawn to Europe amid tariff uncertainty, but startups face still obstacles going public on European exchanges.Swiss real estate heir Robin Lauber and German billionaire Christian Angermayer are joining forces to get startups to go public in Sweden.Lauber told CNBC about their startup pipeline and why Sweden is a bright spot for ambitious firms in Europe.A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Investment firms of the ultra-wealthy are increasingly investing in…

Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty ImagesBest Buy surpassed Wall Street revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty.The consumer electronics retailer said it expects revenue of $41.1 billion to $41.9 billion and adjusted earnings per share in a range of $6.15 to $6.30 for its full fiscal year 2026. In May, Best Buy had cut its full-year profit guidance from a prior range of $6.20 to $6.60.For Best Buy,…

Dick’s Sporting Goods raised its full-year sales and earnings guidance after delivering fiscal second-quarter results that beat expectations.The company is now expecting comparable sales to grow between 2% and 3.5%, up from a previous range of 1% and 3% and ahead of analyst estimates of 2.9%, according to StreetAccount. Dick’s said its earnings per share are now expected to be between $13.90 and $14.50, up from a previous range of $13.80 to $14.40. Analysts were expecting $14.39 per share, according to LSEG.Here’s how the company performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:Earnings per…

Amtrak’s NextGen Acela.Courtesy: AmtrakAmtrak rolled out its NextGen Acela trains on Thursday, marking the next phase for the U.S.’s attempt at high-speed rail.Dubbing itself as “America’s only high-speed rail service,” the new trains will run between Washington, D.C., and Boston, with a top speed of 160 mph. It’s an extension of Amtrak’s existing Acela trains, which run through the busy Northeast corridor and operate at speeds up to 150 mph on certain sections of the route.According to Amtrak, more than 69 million passengers have traveled on Acela trains since the service began at the end of 2000. In fiscal year…