Economy

A guard escorts an immigrant detainee from his ‘segregation cell’ back into the general population at the Adelanto Detention Facility, managed by GEO Group. Getty Images Private prison stocks rose Monday after President-elect Donald Trump selected immigration hardliner Tom Homan as his “border czar.” The Geo Group and CoreCivic jumped more than 4% and more […]

Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following Donald Trump’s election win. The price of the flagship cryptocurrency was last higher by more than 12% at $89,174, according to Coin Metrics. Recently, it hit a fresh high of $89,623. Ether was […]

Scott Olson | Getty Images News | Getty Images President-elect Donald Trump wants to address housing affordability in the U.S. by fomenting the construction of new homes. “We’re going to open up tracks of federal land for housing construction,” Trump said during an Aug. 15 news conference. “We desperately need housing for people who can’t […]

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares closed up nearly 9% on Monday, continuing to ride a postelection rally as President-elect Donald Trump, closely allied with CEO Elon Musk, begins to set up his presidential cabinet. Analysts at Wedbush […]

OpenAI CEO Sam Altman listens to questions at a Q&A following a tour of the OpenAI data center in Abilene, Texas, Sept. 23, 2025. Shelby Tauber | Reuters This week, Openai redefined what momentum — and risk — look like in the artificial intelligence arms race. Now comes the hard part: Executing on CEO Sam […]

Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing can sign off on some of its 737 Max and 787 Dreamliner planes before they’re handed over to customers, the Federal Aviation Administration said Friday, the latest sign the manufacturer is regaining confidence from its regulator after years of […]

Internal Revenue Service headquarters on April 30, 2025, in Washington, DC. J. David Ake | Getty Images News | Getty Images The Internal Revenue Service has been slow in recent weeks to approve and pay federal tax credits for electric vehicles, according to auto dealers and industry analysts — creating confusion for car dealers and […]

MUMBAI, INDIA – MARCH 3: A technician works at a Cipla laboratory March 3, 2002 in Vikhrohi, Mumbai, India. Jean-marc Giboux | 3rd Party – Misc | Getty Images Stocks of leading Indian drugmakers fell on Friday, even though the 100% U.S. tariffs on branded and patented drug imports are unlikely to affect these companies. […]

Brothers91 | E+ | Getty Images Deciding when to claim Social Security retirement benefits is a big decision — and Congress is looking at changing the program’s wording to help people better understand their options. Understanding the trade-offs for claiming at different ages can be confusing, and some experts say the terms the agency currently […]

A sign is posted in front of a Broadcom office in San Jose, California, June 3, 2021.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading: VMware — The cloud services company slid 2.8%, a day after giving a mixed second-quarter report. While VMware surpassed expectations for earnings per share, it missed… […]