U.S. loses final triple-A credit rating. Market reaction uncertain but ‘it’s not good news.’
Rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating.
Company would avoid prosecution in DOJ deal
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images The Justice Department and Boeing are close to a deal that would allow the aerospace giant to avoid pleading guilty or a trial in a criminal case related to two deadly crashes of its 737 Max […]
What to make of the stock market’s recovery
Weekend Reads: Putting a number on how much in Social Security might be garnished to repay student loans; coverage of the bond market; and whether or not gold could rise even further.
How much a 100% ‘Made in the USA’ vehicle might cost
A 2025 Ford Expedition with bronze trim at the automaker’s Kentucky Truck Plant, April 30, 2025. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolled off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion — by […]
Cable companies Charter and Cox to merge
Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 billion on an enterprise basis – comprised of $21.9 billion […]
Ozempic maker Novo Nordisk boots CEO over stock-price fall
Lars Fruergaard Jorgensen, the chief executive of once-highflying Danish drugmaker Novo Nordisk, is stepping down after eight years in the role, the maker of Ozempic and Wegovy drugs announced on Friday.
Why Bill Gates’ pledge to donate his money is harder than it seems
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. Microsoft co-founder Bill Gates announced one week ago that he would give away “virtually all” of his wealth over the next […]
This is Generation X’s biggest retirement worry — and it’s not money
The “slacker” generation is jaded and anxious once more.
How unaffordable the housing market is and where it’s getting worse
Ever since the epic run on housing in the first years of the pandemic, fueled by record-low mortgage rates, the market has been plagued by low supply and high prices. Prices in March were 39% higher nationally than they were in March 2019, pre-pandemic, according to the S&P CoreLogic Case-Shiller Index. While prices continue to […]
The stock market’s momentum swings both ways. Don’t get hit.
Why you should give up any ‘FOMO’ you might have after the market’s meteoric rise.
