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FDA approves Gilead’s twice-yearly HIV prevention injection, offering a powerful and convenient new option

by CNBC Markets | June 19, 2025 1:04 am | US Markets

The launch of the injection faces potential threats, including the Trump administration’s proposed cuts to federal funding for HIV prevention efforts. 

Fed holds key rate steady, still sees two more cuts this year

by CNBC Markets | June 19, 2025 12:04 am | US Markets

The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week.

Trump says he gave Iran ‘ultimate ultimatum,’ as U.S. prepares to evacuate citizens from Israel

by CNBC Markets | June 19, 2025 12:04 am | US Markets

U.S. President Donald Trump has called for Iran’s “UNCONDITIONAL SURRENDER!”

Stocks maintain gain as Fed keeps rates the same, raises inflation forecast: Live updates

by CNBC Markets | June 19, 2025 12:04 am | US Markets

U.S. stocks rose on Wednesday as traders digested the latest Federal Reserve policy rate decision and monitored the latest developments in the Middle East.

Trump deploys 2,000 additional National Guard troops to Los Angeles

by CNBC Markets | June 19, 2025 12:04 am | US Markets

California Gov. Gavin Newsom and other Democrats have condemned the National Guard deployments, calling them illegal and unnecessary provocations.

Pro-Israel hackers destroy $90 million in Iran crypto exchange breach, analytics firm says

by CNBC Markets | June 19, 2025 12:04 am | US Markets

Iran’s largest crypto exchange, Nobitex, was hacked for over $90 million in what Elliptic says was likely a politically motivated cyberattack.

Ownership of stocks by households is near a record. Why that could be a bad thing

by CNBC Markets | June 19, 2025 12:04 am | US Markets

The strong retail presence in the stock market when the S&P 500 is near its record high should concern investors, according to Ned Davis Research.

Waymo cars are coming to New York, but with a driver behind the wheel

by CNBC Markets | June 19, 2025 12:04 am | US Markets

Waymo says it will push for a change in state law to allow autonomous vehicles to operate in New York City.

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

by CNBC Markets | June 19, 2025 12:04 am | US Markets

The DOJ thanked Tether for aiding the probe and urged more victims to come forward.

Social Security retirement trust fund may be depleted in less than a decade, new trustees’ report finds

by CNBC Markets | June 19, 2025 12:04 am | US Markets

The Social Security Administration has updated its projections for how long the trust funds it relies on to help pay benefits may last.

Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says

by CNBC Markets | June 19, 2025 12:04 am | US Markets

Kuo is an analyst for TF International Securities who focuses on the Asian electronics supply chain and often discusses Apple products before they’re launched.

Fed meeting live updates: All eyes on whether central bank will keep forecast for 2 cuts this year

by CNBC Markets | June 18, 2025 11:04 pm | US Markets

Central bank policymakers are widely expected to hold interest rates are their target range of 4.25% to 4.5% — where they have been since December.

RFK Jr.’s new vaccine advisors will vote on flu shots containing mercury

by CNBC Markets | June 18, 2025 11:04 pm | US Markets

It is the panel’s first meeting with Kennedy’s newly appointed members, many of whom are well-known vaccine critics.

Trump deploys additional 2,000 National Guard troops to Los Angeles

by CNBC Markets | June 18, 2025 11:04 pm | US Markets

California Gov. Gavin Newsom and other Democrats have condemned the National Guard deployments, calling them illegal and unnecessary provocations.

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

by CNBC Markets | June 18, 2025 9:04 pm | US Markets

The facility will help Zoox grow its robotaxi fleet, eventually producing 10,000 vehicles a year once it’s at full scale.

Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday

by CNBC Markets | June 18, 2025 8:05 pm | US Markets

In the latest in a series of attacks on Powell, Trump said the Fed’s key borrowing rate should be at least two percentage points lower.

Iran threatens ‘irreparable damage’ if U.S. enters Israel conflict

by CNBC Markets | June 18, 2025 6:04 pm | US Markets

U.S. President Donald Trump had on Tuesday called for Iran’s “UNCONDITIONAL SURRENDER!”

Oil analysts left scratching their heads over Israel-Iran conflict: ‘Your guess is as good as mine’

by CNBC Markets | June 18, 2025 6:04 pm | US Markets

U.S. President Donald Trump on Tuesday called for an “unconditional surrender” from Iran, warning Washington’s patience was wearing thin.

Mortgage demand drops, even as rates fall to the lowest since April

by CNBC Markets | June 18, 2025 5:05 pm | US Markets

Mortgage demand to buy a home and to refinance a loan dropped, despite falling interest rates. Weak consumer confidence is the culprit.

‘Tariff engineering’ is making a comeback as businesses employ creative ways to skirt higher duties

by CNBC Markets | June 18, 2025 1:05 pm | US Markets

Global manufacturers are rethinking their products design, looking to tap into a lesser-known legal technique known as “tariff engineering” to lower duty costs.
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