FTC sues PepsiCo over price discrimination
Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024.Michael M. Santiago | Getty ImagesThe Federal Trade…
FAA grounds SpaceX Starship, reports property damage in Caribbean
SpaceX's mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Jan. 16, 2025.Eric Gay | APThe Federal Aviation Administration said on Friday that SpaceX's…
Treasury yields end with largest weekly declines since November ahead of Trump’s inauguration
Yields on U.S. government debt finished higher on Friday as traders weighed the inflationary impact of possible tariffs from incoming President Donald Trump. Nonetheless, market-based rates still posted their biggest…
Unrivaled women’s basketball league debuts Friday
Unrivaled 3-on-3 women's basketball leagueCourtesy: UnrivaledUnrivaled, a new 3-on-3 women's professional basketball league, launches Friday, presenting both a major test and opportunity for women's sports to boost its growing profile…
SpaceX’s Starship blew up. Elon Musk says it’s ‘barely a bump in the road.’
SpaceX CEO Elon Musk described the explosion of the company’s Starship spacecraft during its seventh flight test Thursday as “barely a bump in the road,” underlining the momentum behind the…
Medicare drug price negotiations list includes Ozempic
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. George Frey | ReutersThe Biden administration on Friday unveiled the next 15 prescription…
Target reports holiday sales early Q4 2024 earnings
Ugly Sweater display, OMG! Santa! I know Him! from the movie Elf, on display in Target store, Queens, New York. Lindsey Nicholson | Getty ImagesTarget raised its fourth-quarter sales forecast Thursday…
When market concentration bites. Europe’s GRANOLAs offer a lesson for U.S. investors, says Goldman.
Europe’s cream of the crop stocks have fallen on some tough times, and for U.S. investors, the lesson is clear, says Goldman Sachs.
Investors pitch NBA rival basketball league advised by Maverick Carter
Maverick Carter, co-founder and chief executive officer of The SpringHill Company, during the USC Next Level Sports Conference in Los Angeles, California, US, on Thursday, Oct. 17, 2024. Kyle Grillot |…
These tips for investing in mutual funds and ETFs help your portfolio go further
The new year is a good time to make long-term plans for your money and finances.
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York's LaGuardia AirportLeslie Josephs/CNBCSpirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it…
Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?
Small-cap ETFs have been on a roller-coaster ride in the first two weeks of the new year.
Starship rocket breaks up midflight, but SpaceX catches booster again
SpaceX's mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025.Eric Gay | APSpaceX launched the seventh test flight of its Starship rocket on Thursday,…
Wall Street banks see deal activity picking up, even after record results
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O'Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc…
Biden warns that an oligarchy is taking hold in America. There is data to back him up.
Wealth disparity in the U.S. has grown since 2009, according to Fed data, with a significant increase in the share of the nation’s wealth held by the 238,000 richest people.
Bank of America (BAC) earnings Q4 2024
Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income.Here's what the company reported:Earnings: 82 cents vs. 77 cents expected,…
Target’s holiday sales show a rebound from third-quarter doldrums
Target’s stock soared 3.7% early Thursday, after the retailer raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and…
Medicare $2,000 prescription drug cap may save enrollees thousands: AARP
Most Medicare patients who hit the new $2,000 cap on out-of-pocket spending for prescription drugs could see massive savings, despite changes in premiums, according to a report released Thursday by…
Treasury yields nudge higher from 9-day lows on cooler inflation data; retail sales up next.
Bond yields were inching up early Thursday, having plunged midweek to a 9-day low after a softer-than-expected inflation report raised hopes of more chances of interest rate cuts by the…
Schizophrenia drug Cobenfy could treat Alzheimer’s
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb believes Alzheimer's…
Disaster insurance is failing homeowners. The L.A. fires can be a turning point.
Government should focus on these 3 questions to help find solutions.
DOT sues Southwest, fines Frontier for ‘chronically delayed flights’
A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesThe Department of Transportation…
JPMorgan Chase boosting buybacks after Dimon called stock expensive
CEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris,…
Stocks surge on inflation data. Trump, bond yields hold the key to what’s next.
Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.
FTC sues Deere over equipment repair costs for farmers
John Deere booth signage is displayed at CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada.David Becker | Getty ImagesThe Federal Trade Commission…
Crypto XRP reaches all-time high above $3. It now has the $4-plus range in its sights.
XRP reached an all-time high on Wednesday, which may open the gateway for the crypto to potentially reach as high as $4.40, a technical analyst said.
Firefly Aerospace kicks off first moon mission after SpaceX launch
The company's Blue Ghost moon lander before shipping out for launch.Firefly AerospaceAnother American company, Texas-based rocket and spacecraft builder Firefly Aerospace, is moon-bound.Firefly's "Blue Ghost" cargo lander launched from Florida…
Enough selling. It’s time for stock-market bulls to charge.
Stock-letter gurus predict gains for these 6 stocks and the S&P 500.
Goldman Sachs (GS) earnings Q4 2024
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.Adam Galici | CNBCGoldman Sachs…
JPMorgan Chase (JPM) earnings Q4 2024
CEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris,…
This is Nvidia’s secret weapon and it’s likely to propel the stock in 2025
Strength in data center GPUs, networking, services, and emerging products fortify Nvidia’s competitive ‘moat.’
JPMorgan Chase COO Daniel Pinto stepping down in June
Daniel Pinto, president and chief operating officer of JPMorgan Chase, speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024.Saul Loeb | AFP | Getty…
SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties to the incoming president.
Boeing delivered 30 airplanes in December as gap with Airbus widens
Boeing 737 Max planes sit at the airport in Renton, Washington.Leslie Josephs | CNBCBoeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier…
CFPB sues Capital One for ‘cheating’ customers out of over $2 billion in interest
FILE PHOTO: Signage is seen outside a Capital One Bank in Manhattan, New York, U.S., November 12, 2021. Andrew Kelly | ReutersThe Consumer Financial Protection Bureau announced Tuesday that it was…
Stock investors brace for possibly the ‘most important inflation reading in recent memory’
Investors and traders are on edge about what Wednesday’s consumer-price index for December might say about the direction of inflation — data that could potentially move the stock and bond…
Eli Lilly LLY cuts 2024 revenue outlook on weight loss drugs
The Eli Lilly & Co. logo at the company's Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024. Ore Huiying | Bloomberg | Getty ImagesEli Lilly cut its…
Tax breaks are becoming more generous for natural disaster victims — just in time for Los Angeles wildfire victims, experts say
A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of…
The stock market’s ‘Trump bump’ will be back. Just be patient.
The stock market’s rough 2025 start should smooth out after the presidential inauguration.
Eli Lilly CEO expects new weight loss pill to be approved next year
David Ricks, CEO, Eli LillyScott Mlyn | CNBCEli Lilly expects its experimental weight loss pill will get approved as soon as early next year, CEO David Ricks told Bloomberg TV…
‘I’m rich beyond my wildest dreams’: I’m 66 and inherited $500,000. How do I make sure this money lasts?
“Should I buy an investment property? Stocks? CDs?”
Moderna lowers 2025 sales forecast by $1 billion
The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty ImagesModerna on Monday lowered its 2025 sales guidance by roughly $1 billion…
The risk of dementia is even worse than we thought, new research says
The lifetime risk of dementia after age 55 is double previous estimates.
Netflix and Comcast among companies donating to LA wildfire relief
Evacuees from the Eaton Fire dwell among heaps of clothes displayed on the ground at a donation center in Santa Anita Park, Arcadia, California, on Jan. 13, 2025.Etienne Laurent |…
Unhappy with your Medicare Advantage? You have one more chance to change your mind.
It’s open enrollment for Medicare Advantage. You can switch or drop your plan — but make sure you check your Medigap coverage
Comcast, Harris Blitzer to build NBA, NHL stadium in South Philadelphia
Joe Daniel Price | Moment | Getty ImagesHarris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for…
Lululemon, Abercrombie, American Eagle release early 2024 holiday sales
ORLANDO, Fla. -- Lululemon and Abercrombie & Fitch raised their fourth-quarter outlooks on Monday after seeing a strong response from shoppers during the all-important holiday season. Lululemon's new outlook went over…
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.
My wife and I passed on a family wedding due to a ‘no-child’ rule. We’re now attending a friend’s nuptials without our kids. Are we hypocrites?
“My in-laws are coming to watch our 7-year-old daughter and her 2-year-old sister.”
California fires could make this pricey travel insurance add-on more essential
Insurers have seen a rise in cancel-for-any-reason policies. Here’s what travelers should know before buying in.
Ether Options Market Shows Bias for Price Weakness Over Next 6 Months
Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said. Ethereum's native token Ether (ETH) fell to a six-week low on Tuesday, with traders in the options…
MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July
Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month. MakerDAO’s MKR was the leading gainer among the constituents of the Coindesk Market Index (CMI) in July, advancing 47%. The native…
ApeMax and Dogecoin: Battle of the Meme Coins
In the volatile world of cryptocurrency, meme coins have carved out their own niche. These internet-inspired coins, often humorously named and themed, have a unique appeal to a wide…
Ripple (XRP) Price Prediction: Is It Time To Invest in XRP?
Recently, a judge in the United States made a ruling in favour of Ripple (XRP) and this news sent a ripple effect to the entire crypto market with XRP price…
Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?
BTC slipped below $26,000 amid the crypto market mayhem. BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision…
FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall
If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. Newly filed court documents introduced last week (March 2) reveal what John J. Ray III, FTX’s current CEO, has called…
