Economy

A jury convicted Hunter Bidenson of President Joe Bidenof all three counts at his criminal gun trial in Delaware federal court on Tuesday morning. Hunter Biden, 54, was found guilty of making a false statement in connection with the sale of a firearm, a false statement in a firearms transaction, and possessing a firearm while […]

Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple shares closed up 7% to a new record high of $207.15 per share on Tuesday, a day after the company announced its long-awaited push into artificial intelligence at […]

U.S. Attorney General Merrick Garland speaks during a news conference at the Department of Justice Building on March 21, 2024 in Washington, DC. Anna Moneymaker | Getty Images The Department of Justice blasted House Republicans for spreading the “completely baseless” claim that the federal agency was behind the New York hush money trial of former […]

Martonaphoto | Moment | Getty Images A federal program for people with disabilities and older adults made its first benefit payments 50 years ago. In 1974, Supplemental Security Income, or SSI, began sending the first monthly checks starting at around $140 per individualor $210 per couple. In 2024, the maximum monthly benefit is $943 for […]

GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S. adoption of EVs occurs slower than expected. GM Chief Financial Officer Paul Jacobson said the […]

CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting new economic data from the nonfarm payroll report and the latest purchasing managers’ index, as well as earnings from grocery giant Albertsons . “It’s a light week, but still impactful, accept that people will be on edge ahead of Friday’s employment report,” […]

Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty […]

Former U.S. President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial at New York State Supreme Court in New York on May 30, 2024. Justin Lane | Via Reuters A judge on Friday rejected a request that he dismiss the New York criminal […]

A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images President Joe Biden on Friday officially blocked the takeover of U.S. Steel by Japan’s Nippon Steel making good on his promise to keep an industrial name that is […]

Attendees view the 2025 Ford Bronco Stroppe Special Edition during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center on November 21, 2024. Robyn Beck | Afp | Getty Images DETROIT – Sales of new vehicles in the U.S. continued to rise last year, rebounding from historical lows caused by the coronavirus […]