Economy

S3studio | Getty Images News | Getty ImagesIn 1990, McDonald’s ditched the styrofoam home for the Big Mac, and its signature burger has been served ever since in paper wrap. Reusable packaging may be next. McDonald’s is making some progress on a goal it set in 2018 to use recycled or renewable packaging in 100% of… […]

Solarcycle CTO Pablo Dias and COO Rob Vinje show a solar panel laminate after it’s been cleanly separated from the glass to investors and partners. The laminate is where most of the value is contained in a panel, like silver, silicon, and copper.SolarcycleThe growing importance of wind and solar energy to the U.S. power grid,… […]

A view of Paramount Studios in Los Angeles, Sept. 26, 2023. Mario Anzuoni | Reuters National Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what’s next for the legacy media giant during a tumultuous period for the industry. Paramount, like many of its peers, is grappling with how […]

3alexd | E+ | Getty Images A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming close ties and an imminent investment from General Motors — claims rejected by the automaker. The company, called Foundation Robotics Labs, is seeking the last $1 million […]

CNBC’s Jim Cramer on Wednesday said the two most important forces in this market, the Federal Reserve and the technology sector, both got shocked “in a positive way” this week. The Fed held interest rates steady on Wednesday and revised its outlook to just one rate cut in 2024. But Cramer said this morning’s “very […]

World Champion Joey Chestnut during the weigh-in ceremony ahead of the 2023 Nathan’s Famous Fourth of July International Hot Dog Eating Contest in Coney Island in Brooklyn, New York, on July 3, 2023. Brendan McDermid | Reuters Netflix is preparing for a showdown on Labor Day. The company announced Wednesday that it will live stream […]

U.S. Treasury yields fell Wednesday after the Federal Reserve indicated it was making inroads on inflation following a cool May CPI report. The rate on the 10-year Treasury last dropped 8 basis points to 4.318%. The benchmark yield slid as low as 4.25% at one point, its lowest level since April 1. The 2-year Treasury […]

The investor who ran the country’s biggest natural gas ETF said he believes prices have hit bottom.John Love, who managed the United States Natural Gas Fund, cites global demand and production dynamics for his bull case.”They’re [producers] looking to the future,” the U.S. Commodity Funds CEO told CNBC’s “ETF Edge” this week. “This huge export… […]

As the market assesses the past week and looks to the next, Wall Street is focused on the uncertainty around the debt ceiling standoff in Washington and mounting worries a recession is looming. A meeting between President Joe Biden and congressional leaders of both parties, which was supposed to take place Friday, is now set… […]

A New York federal judge warned JPMorgan Chase that he might find the bank in contempt of court if it does not speed up in producing evidence related to late sexual offender and money manager Jeffrey Epstein for lawsuits by an Epstein accuser and the government of the U.S. Virgin Islands, CNBC has learned.Judge Jed… […]