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FDA outlines stricter Covid vaccine booster approval standards for healthy people

by CNBC Markets | May 20, 2025 9:07 pm | US Markets

The FDA recommended different standards of evidence for approval based on patients’ risk of getting severely sick from Covid.

Trump warns House Republicans, ‘Don’t f— around with Medicaid’

by CNBC Markets | May 20, 2025 9:07 pm | US Markets

House Speaker Mike Johnson wants a major tax bill passed before Memorial Day. GOP debates over the SALT deduction, Medicaid and deficits could thwart that.

S&P 500 slips, on pace to snap 6-day winning streak: Live updates

by CNBC Markets | May 20, 2025 8:06 pm | US Markets

The S&P 500 is now just 3% from its record high despite continued uncertainty around the effect of tariffs on the economy.

Elon Musk commits to leading Tesla for next five years

by CNBC Markets | May 20, 2025 8:06 pm | US Markets

Musk said Starlink, which is currently owned and operated by SpaceX, could eventually stand alone as a separate public company.

Qatari PM denies jumbo jet gift to Trump is bribery

by CNBC Markets | May 20, 2025 8:06 pm | US Markets

The plain story is a ministry of defense to department of defense transaction,” Qatar’s prime minister said of the prospective plane gift.

Elon Musk says he will spend ‘a lot less’ on future campaign donations

by CNBC Markets | May 20, 2025 8:06 pm | US Markets

Elon Musk said he plans to spend less on political donations in the future, signaling a change in attitude from President Donald Trump’s top campaign backer.

D-Wave Quantum shares soar 30% as company releases latest computing system

by CNBC Markets | May 20, 2025 8:06 pm | US Markets

D-Wave Quantum’s latest quantum computing system has hit the market, the company said Tuesday

A dip-buying strategy for healthcare as UnitedHealth’s woes hang over the sector

by CNBC Markets | May 20, 2025 8:06 pm | US Markets

Nishant Pant lays out an options trade in Humana.

Cadillac’s EVs are attracting new buyers, including more customers trading in Teslas

by CNBC Markets | May 20, 2025 8:05 pm | US Markets

Cadillac says its expanding EV lineup is attracting a record amount of new buyers to the brand, including a notable increase this year of Tesla owners.

As student loan delinquencies spike, borrowers risk ‘potential spillovers’ with other late payments, NY Fed says

by CNBC Markets | May 20, 2025 8:05 pm | US Markets

Millions of borrowers who are late on their student loan payments are at risk of falling behind on other debts, the New York Fed says.

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

by CNBC Markets | May 20, 2025 7:02 pm | US Markets

Levi’s announced plans to sell Dockers to Authentic Brands Group, the brand management firm that owns the IP for Forever 21, Reebok and other brands.

D-Wave Quantum shares soar 20% as company releases latest computing system

by CNBC Markets | May 20, 2025 7:02 pm | US Markets

D-Wave Quantum’s latest quantum computing system has hit the market, the company said Tuesday

Trump allows New York offshore wind project after apparent gas pipeline compromise with state

by CNBC Markets | May 20, 2025 7:02 pm | US Markets

Empire Wind 1 would have been the first offshore wind project to deliver electricity directly to New York City.

New report shows the staggering AI cash surge — and the rise of the ‘zombiecorn’

by CNBC Markets | May 20, 2025 7:02 pm | US Markets

A new report from Silicon Valley Bank shows that about 40% of the money raised by U.S. startups last year came from funds focused on AI.

Home Depot CFO says retailer won’t raise prices due to tariffs, reaffirms full-year forecast

by CNBC Markets | May 20, 2025 4:05 pm | US Markets

Home Depot reaffirmed its full year guidance, even as it missed Wall Street’s earnings estimates and customers continued to defer bigger home projects.

Stock market futures slip after S&P 500 extends winning streak to six days: Live updates

by CNBC Markets | May 20, 2025 3:11 pm | US Markets

The S&P 500 is now just 3% from its record high despite continued uncertainty around the effect of tariffs on the economy.

Home Depot will report earnings before the bell. Here’s what to expect

by CNBC Markets | May 20, 2025 3:11 pm | US Markets

Home Depot is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.

China cuts benchmark lending rates for the first time in 7 months in Beijing’s growth push

by CNBC Markets | May 20, 2025 7:04 am | US Markets

The People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%.

DOJ says it has charged N.J. congresswoman with assaulting law enforcement at ICE facility

by CNBC Markets | May 20, 2025 7:04 am | US Markets

Interim U.S. Attorney for the District of New Jersey said Democratic Rep. LaMonica McIver faces charges for allegedly “assaulting, impeding and interfering with law enforcement.”

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

by CNBC Markets | May 20, 2025 3:04 am | US Markets

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.
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