Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
The company blamed its Q2 content slate and price increases for the subscriber miss.Technologyread more
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.Technologyread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
See which stocks are posting big moves after the bell on July 17.Market Insiderread more
Silicon Valley workers say they gravitate toward Yang, who is running for president as a Democrat, because of his approach to research and understanding of tech's moral...Technologyread more
Prosecutors in Masschusetts have dropped a criminal case against actor Kevin Spacey, who had been accused of groping an 18-year-old man.Entertainmentread more
"The passport contains numerous ingress and egress stamps, including stamps that reflect use of the passport to enter France, Spain, the United Kingdom, and Saudi Arabia in...Politicsread more
Loup Ventures founder Gene Munster told CNBC's "Fast Money" on Wednesday that Netflix's disappointing second quarter results are a turning point for the company, saying the...Technologyread more
Corporate earnings forecasts for the second quarter were lowered so much that companies are easily beating them.Market Insiderread more
The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
The kids are barely back to school, and summer doesn't officially end until Sept. 22, but Kmart wants you to start thinking ahead to the holidays—even as it pokes fun at itself for its summertime Christmas ad.
"It's too early for Christmas, so just to be clear, this is not a Christmas commercial," the ad begins. "Let's say you have an event in late December that you need a lot of gifts for, like, maybe your entire family is having a birthday on the same day," the ad says, as it goes on to mention the benefits of Kmart's layaway program.
Just ignore the parade of holiday imagery in the background: the yule log, the twinkling tree, and, yes, Virginia, there is a Santa Claus.
But early holiday ads have become a bit of a Kmart tradition, as it tries to one-up the competition by reminding cash-strapped shoppers of its layaway program.
According to retail industry trade group National Retail Federation, nearly 40 percent of Americans began their holiday shopping before Halloween last year.
Kmart, a unit of Sears Holdings, offers layaway year round, but right now it is running a no-money down promotion that runs through Sept. 20. (And yes, that's still summer, too.)
—By CNBC's Christina Cheddar Berk
(CORRECTION: A version of this story misstated the dates of the promotion.)