Author: Editor

Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesBed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time around, the store has a new name — Bed Bath & Beyond Home — and marks a “fresh start” for the beloved brand, said Amy Sullivan,…

2026 Dodge Durango SRT Hellcat Jailbreak in Green Machine (front). A Jailbreak Custom Color program will allow select Dodge customers to paint their Durango SRT Hellcat Jailbreak in nearly any color imaginable, including Stryker Purple (shown at rear).Courtesy: DodgeStellantis subsidiary Dodge announced two new muscle cars on Friday, flexing its 2026 model year lineup and touting customization options for its customers.The 2026 Dodge Durango SRT Hellcat Jailbreak is a new three-row muscle SUV featuring a 710-horsepower Hemi V-8 engine. According to Dodge, it provides more than 6 million potential combinations for customization through multiple wheel choices, interior seat colors, seat…

People walk past a Sweetgreen restaurant in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges.For the full-year 2025, Sweetgreen now expects revenue of between $700 million and $715 million, down from its May prediction of $740 million to $760 million and its February outlook of $760 million to $780 million.It also projects negative same-store sales for the full year, estimating declines of between…

The Internal Revenue Service won’t adjust current income-tax withholding levels for workers and employers to account for President Donald Trump’s new tax law, delaying savings from retroactive cuts for most taxpayers. The move will enlarge refunds paid out to taxpayers early next year, ahead of the midterm congressional elections in November 2026.Employers and payroll providers should stick to using their current procedures for reporting and withholding, rather than adjusting to account for tax breaks included in the law enacted last month, the agency said in an advisory Thursday. The delay will allow the agency, businesses and tax professionals enough time to…

Inside a Crocs store at Queens Center in New York.Ryan Baker | CNBCCasual footwear company Crocs plans to reduce orders for the second half of the year amid what its CEO called a “concerning” environment for the consumer.”We see the U.S. consumer behaving cautiously around discretionary spending. They are faced with current and implied future price increases, which we think has the potential to be a further drag on an already choiceful consumer. Against this backdrop, our retail partners are acting more carefully and reducing their open-to-buy dollars in future seasons,” said CEO Andrew Rees on the company’s second-quarter earnings…

Key PointsPrivate investment firms of the ultra-rich made 60% fewer direct investments in July compared to the same period last year, according to Fintrx.Rattled by tariff uncertainty, some family offices have been investing more overseas, especially in European startups.Infinitas Capital’s Robin Lauber told CNBC why the Swiss family office is optimistic despite the market turmoil.A version of this article first 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. Private investment firms of the ultra-rich once again dialed back their deal-making…