by CNBC Markets | May 15, 2025 7:06 pm | US Markets
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
by CNBC Markets | May 15, 2025 7:06 pm | US Markets
Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference.
by CNBC Markets | May 15, 2025 6:02 pm | US Markets
The combined company will have a competitive edge in the Nike sneaker market and will provide Dick’s access to international markets, plus a younger consumer.
by CNBC Markets | May 15, 2025 6:02 pm | US Markets
Bill Gates has an enviable problem: He can’t give away his money fast enough.
by CNBC Markets | May 15, 2025 5:04 pm | US Markets
Walmart beat first-quarter earnings expectations but missed on revenue, and its CFO said price increases from President Donald Trump’s tariffs could start soon.
by CNBC Markets | May 15, 2025 3:05 pm | US Markets
Apple has been ramping up production in India with the aim of making around 25% of global iPhones in the country in the next few years.
by CNBC Markets | May 15, 2025 3:05 pm | US Markets
The broad market index ended Wednesday’s trading modestly higher, as traders extended the tariff relief rally for a third day.
by CNBC Markets | May 15, 2025 3:05 pm | US Markets
Speaking in Qatar, U.S. President Donald Trump said the U.S. was getting close to securing a nuclear deal with Iran.
by CNBC Markets | May 15, 2025 11:05 am | US Markets
“The thing that people have missed is that there is zero chance that this will not happen,” Gerard Barron, CEO of The Metals Company, told CNBC by video call.
by CNBC Markets | May 15, 2025 6:05 am | US Markets
The Trump-branded projects have drawn scrutiny in Washington from the president’s political opponents and even some allies.
by CNBC Markets | May 15, 2025 6:05 am | US Markets
The comments from a member of the supreme leader’s inner circle appear to be the clearest public statements yet on Iran’s willingness to reach an agreement with the U.S.
by CNBC Markets | May 15, 2025 5:04 am | US Markets
The health secretary appeared before the House Appropriations Committee this morning. This afternoon he’ll go before the Senate’s Health, Education, Labor and Pensions committee.
by CNBC Markets | May 15, 2025 4:04 am | US Markets
Amazon is cutting jobs in its devices and services unit, which was previously hit with layoffs in 2022 and 2023.
by CNBC Markets | May 15, 2025 2:05 am | US Markets
CoreWeave’s revenue growth slowed down from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom.
by CNBC Markets | May 15, 2025 2:05 am | US Markets
Cisco exceeded estimates for the latest quarter and offered guidance that was also ahead of analysts’ predictions.
by CNBC Markets | May 15, 2025 2:05 am | US Markets
A new lawsuit alleges that Elon Musk’s America PAC didn’t pay swing state voters as promised for signing a pro-Trump petition ahead of the election.
by CNBC Markets | May 15, 2025 2:05 am | US Markets
Elon Musk’s xAI chatbot Grok is posting about ‘white genocide’ and South Africa
by CNBC Markets | May 15, 2025 2:05 am | US Markets
OpenAI recently sparked some online controversy for not running certain safety evaluations on the final version of its o1 AI model.
by CNBC Markets | May 15, 2025 1:04 am | US Markets
Boeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210 aircraft, the White House said.
by CNBC Markets | May 15, 2025 1:04 am | US Markets
The Swedish fintech provider has been outspoken about its aggressive adoption of AI tools across the company.