Economy

Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current controversy over building renovations and look at its overall function. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent said during an interview on CNBC’s “Squawk […]

Elon Musk’s X on Monday denied allegations made by French authorities as part of a criminal investigation into alleged data tampering, adding that it would not submit to the prosecutor’s demand to hand over data. X’s global government affairs account said the French investigation, which ramped up this month, is “politically-motivated” and designed to “restrict […]

A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by Lvmh’s private equity arm is buying 20% of private jet company Flexjet, marking the latest push by the luxury industry […]

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chaline Thisupa | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive […]

President Donald Trump speaks at a dinner for Republican Senators at the White House in Washington, DC, on July 18, 2025. Photo by Allison Robbert/For The Washington Post via Getty Images The U.S. has signaled it will not let up on its Aug. 1 deadline for higher tariffs on the European Union as the bloc […]

Artificial intelligence still has a long way to go before completely taking over most human jobs. But it can already make some side hustles easier and more lucrative, primarily by saving people time.”Automation, I think, is the key to reducing your workload,” Sean Audet, a food photographer who uses generative AI tools like ChatGPT to… […]

This illustration photo taken on July 24, 2023 shows the Twitter bird logo upside down in the background of Elon Musk’s screen advertising an “X” as a replacement logo, in Los Angeles.Chris Delmas | AFP | Getty ImagesX, formerly known as Twitter, has officially retired its famous blue and white bird logo.The icon on the… […]

Shipping containers are loaded onto rail cars at the Global Container Terminals Vanterm container terminal on Vancouver Harbour in Vancouver, British Columbia, Canada.Bloomberg | Bloomberg | Getty ImagesOverseas trade entering North America through key ports on Canada’s West Coast faces more uncertainty after dock workers rejected a tentative labor deal late Friday.The flow of trade… […]

Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, Sept. 17, 2020.Rebecca Cook | ReutersHeads up, hybrid fans: Ford Motor is working on a whole bunch of new hybrid models.”You’re going to see a lot more hybrid systems from us,” CEO Jim Farley said Thursday after… […]

Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018.Stephen Lam | ReutersShares of Alphabet’s stock jumped 10% this week after the company reported second quarter earnings that showed growth despite a tough ad market.Share price for the Google parent company reached $132.58 as of… […]