Economy

U.S. President Joe Biden delivers remarks during a visit to the United Association Local 190 Training Center in Ann Arbor, Michigan, U.S., September 6, 2024. Craig Hudson | Reuters The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” of a longstanding trade law that permits low-value shipments […]

A Clemson Tigers helmet on the field of last season’s College Football Playoff National Championship Game. Clemson is among the NCAA Division I major conference programs to recently have football players test positive for Covid-19, adding more uncertainty to the planned start of college football season. Alika Jenner | Getty Images DirecTV and Disney have […]

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters It was a solid quarter for the companies in our stock portfolio, with the bulk of our names reporting what we felt […]

d3sign | Moment | Getty Images If you want — or need — to travel this holiday season, start planning now because the ideal time to book Thanksgiving, Christmas and New Year’s travel is fast approaching. “The most important thing is for travelers to continue to think about planning now and booking in October,” said […]

Thibaut Mongon, CEO of Kenvue Inc. a Johnson & Johnson’s consumer-health business, speaks during an interview to celebrate its IPO at the New York Stock Exchange (NYSE), May 4, 2023.Brendan Mcdermid | ReutersMost consumers have pulled back on spending as inflation squeezes their wallets, but they have not stopped paying up for brand-name health and… […]

How’s the market doing lately?If you look for the answer on the CNBC homepage or during breaks on news radio, you’ll get three different numbers: the performance of the S&P 500, Dow Jones Industrial Average and Nasdaq Composite.All three “headline indexes” are considered, in one way or another, proxies for the stock market, and over… […]

Republican presidential candidate, Florida Governor Ron DeSantis, delivers remarks at the annual Christians United for Israel Summit (CUFI), at the Crystal Gateway Marriott in Arlington, Virginia, July 17, 2023.Kevin Wurm | ReutersFlorida Gov. Ron DeSantis has told his government to investigate whether Bud Light’s parent company breached its duties to shareholders as a conservative backlash… […]

While the tech industry and the stock market enthusiastically back the emergence of artificial intelligence, the CNBC All-America Economic survey finds that the public has strong reservations, what you might call AI-anxiety.The survey found that just 27% say they are comfortable with efforts “underway to develop computer programs that can mimic human thinking and possibly… […]

The social media app will be developed by Trump Media and Technology Group (TMTG).Rafael Henrique | LightRocket | Getty ImagesShares of Digital World Acquisition Corp. — the shell company seeking to take former President Donald Trump’s social media platform public — soared more than 50% on Friday following the company’s announcement that it had settled… […]

CNBC’s Jim Cramer on Friday guided investors through next week’s top Wall Street action, highlighting a long-awaited interest rate decision from the Federal Reserve and earnings from restaurant chain companies Darden and Cracker Barrel. Investors are broadly expecting the central bank to issue a rate cut but are unsure whether it will be by 25 […]