Retail demand for bicycles in the U.S. has been surging since the pandemic and the iconic Schwinn brand is riding the trend fortified by ecommerce sales through mass retailers such as Walmart and Target.
The billionaire investor said the next 2½ months would reveal whether Democrat Joe Biden would run the nation more as a centrist or tack hard left.
"There is no question in my mind that retail is a falling knife, and we are for sure not at the bottom," real estate mogul Sam Zell told CNBC.
Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he's been taking advantage of the stock market volatility.
Office-sharing firm WeWork is not doing anything new, argues the Chicago billionaire real estate investor.
Real estate billionaire Sam Zell and other former officers and directors of Tribune have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company's disastrous 2007 leveraged buyout.
CNBC's Steve Liesman reports on the March ADP payroll numbers.
You can apply this to just about any desicion in life.
"Redistributive policy leads to inequality. It's just the opposite of what you think," argues Zell.
Arthur Laffer, who served on President Reagan's economic policy advisory board and is now Laffer Associates founder and chairman, and Bill Gale, former CEA senior economist during the first Bush administration and current Brookings Institution senior fellow, co-director of the Tax Policy Center, join "Squawk Box" to discuss the nuances of the U.S. deficits. They are joined by CNBC's senior economics reporter Steve Liesman and real estate mogul Sam Zell.
CNBC's Steve Liesman reports on the January ADP payroll numbers. Moody's Mark Zandi and real estate mogul Sam Zell join with with their analysis.
Congressman Greg Meeks (D-N.Y.) joins CNBC's "Squawk Box" to discuss the tax shortfalls in New York as well as the events that led to Amazon HQ2 withdrawing from Long Island City, Queens.
After more than three months behind bars, former Nissan Chairman Carlos Ghosn is out of jail. He was released from a Japanese prison overnight after posting bail. Jeff Sonnenfeld, senior associate dean for leadership studies at the Yale School of Management, and real estate mogul Sam Zell join "Squawk Box" to explain how Ghosn's arrest is shedding light on the practices in the Japanese justice system.
Sam Zell, real estate investor and founder and chairman of Equity Group Investments, sits down with CNBC's "Squawk Box" to discuss the CEO workforce advisory board that is convening at the White House as well as the political environment in the United States.
The economy under President Trump is "doing pretty well" and can stay on track even if the Democrats win the majority in the House, Zell says.
"We're dealing with a changed housing market," the billionaire investor says.
One prominent real estate investor shocked some audience members at a conference on Wednesday.
BlackRock's Larry Fink says he's not trying to use his influence to force corporate America to embrace his ideas for social change.
Komal Sri-Kumar sees a continued short-term rise in the stock market with "a much sharper fall at some point in time."
The seemingly unstoppable stock market rally is based on emotions not fundamentals, Zell says.