Economy

Beata Sales | Nurphoto | Getty Images TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple , Google and other service providers if they support the app. “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers […]

Elijah Nouvelage/Bloomberg via Getty Images The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reportsalleging the company failed to conduct proper investigations of disputed information, the federal watchdog announced Friday. Equifax is one of three major credit reporting agencies in the U.S., a group that also includes Experian and […]

Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could soon release an executive order making crypto a national priority. The price of the flagship cryptocurrency was last higher by more than 4% at $104,672.37, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, was […]

A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating Type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, March 29, 2023. George Frey | Reuters The Biden administration on Friday unveiled the next 15 prescription drugs that will be subject to price negotiations between manufacturers and […]

CNBC’s Jim Cramer on Friday guided investors through next week on Wall Street, highlighting President-elect Donald Trump’s inauguration and earnings from companies including Procter & Gamble and American Express . Cramer mused about what Trump’s administration will mean for the market, noting that Wall Street believes him to be more pro-business than his predecessor, President […]

Shoppers pass along the main high street in Whitstable, UK. Bloomberg | Bloomberg | Getty Images LONDON — European stocks closed lower Wednesday, losing the positive momentum seen during the previous trading session. The STOXX 600 index ended the session down 0.18%, with major bourses and sectors diverging. Tech stocks led losses, down 1.15%, while […]

Gary Vaynerchuk speaks onstage during Tribeca X on June 14, 2023 in New York City. Dave Kotinsky | Getty Images Entertainment | Getty Images Social media algorithms have led to a more meritocratic advertising landscape that the industry has been slow to catch up with, according to VaynerMedia CEO Gary Vaynerchuk. “The social media I […]

Participants during the snowboarding activity with the Hoods to Woods Foundation at Big Snow American Dream in East Rutherford, New Jersey on June 13, 2024. Danielle DeVries | CNBC EAST RUTHERFORD, N.J. — For 16-year-old Zyshawn Gibson, snowboarding down the indoor ski park at Big Snow American Dream in East Rutherford, New Jersey, was a […]

LONDON — The U.K. had some cause for celebration on Wednesday morning, as headline inflation hit the Bank of England’s 2% target for the first time in nearly three years. But the print only served to further convince traders that an interest rate cut is not imminent. Money market pricing by 11 a.m. in London […]

Aerial view of the Oberon Solar O&M farm on March 24, 2024 in Ector County, Texas. In 2023, Texas led the nation in solar installations on its power grid, surpassing California for its second consecutive year. Brandon Bell | Getty Images Solar is booming in the United States as power demand surges, outpacing the growth […]