Economy

BEIJING, CHINA – DECEMBER 02: The People’s Bank of China (PBOC) building isn seen on December 2, 2024 in Beijing, China. Visual China Group | Getty Images China kept its main benchmark lending rates unchanged on Friday, as Beijing faces the challenge of bolstering economic growth while backstopping a weakening yuan. The People’s Bank of […]

Peter Coker Sr. outside U.S. District Court in Newark, New Jersey, March 15, 2023. And Manganese | CNBC Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP A third defendant, James Pattenpleaded […]

Boeing’s Starliner spacecraft atop the United Launch Alliance Atlas V rocket rolls out in Florida on Thursday, May 30, 2024. Isaac Watson | NASA Boeing’s first Starliner flight with astronauts on board was called off in the final minutes on Saturday, and the backup Sunday launch date was also canceled. The company was targeting a […]

Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift since the end of the apartheid. Popular support for the ANC during […]

Retired Navy Admiral Robert Burke. Courtesy: U.S. Navy A retired four-star U.S. Navy admiralwho was once the military branch’s second-highest-ranking officer, was arrested on Friday for a bribery scheme with two tech CEOs, the Department of Justice announced. From 2020 to 2022, Robert Burkea 62-year-old resident of Coconut Creek, Fla., allegedly used his high-ranking status […]

In May, the national median monthly rent was $1,404, down almost 1% from same month last year, according to a June Apartment List report. Rent costs across U.S. continue to fluctuate, but there are some major areas where prices are trending up year-over-year. CNBC Make It analyzed rent estimate data from Apartment List for April 2023 […]

Supporters of the ruling Bharatiya Janta Party (BJP) holding cut-outs of India’s Prime Minister a Narendra Modi during an election campaign rally in Amritsar on May 30, 2024. Narinder Nanu | Afp | Getty Images India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on […]

A television station broadcasts the Federal Reserve’s interest-rate cut on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty Images CNBC’s Jim Cramer on Wednesday walked investors through the markets’ fall after the Federal Reserve cut its key interest rate […]

Elon Musk (L) shakes hands with Republican presidential nominee, former President Donald Trump back stage during a campaign rally at the Butler Farm Show grounds on October 05, 2024 in Butler, Pennsylvania. Anna Moneymaker | Getty Images President-elect Donald Trump on Wednesday came out against a Republican-backed government funding billsiding with Elon Musk’s crusade against […]

A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. Tesla closed at $440.13, and is […]