Fed Chairman Warsh says he meets 'often' with Trump administration, defends independence
Kevin Warsh said Wednesday that he speaks with Treasury Secretary Scott Bessent frequently outside their regular weekly meetings.
SK Hynix shares plunge 11% as Asia sees tech rout, tracking U.S. chip losses
Asian semiconductor stocks tumbled on Thursday as a selloff in U.S. chipmakers spilled into the region.
Ex-Fed advisor gets over three years in prison for lying about China ties
The case marks one of the most prominent U.S. prosecutions alleging Chinese intelligence targeting of U.S. institutions, as Trump intensifies its pursuit of foreign economic espionage.
United earnings top estimates but airline expects $6 billion in added fuel costs
United reported higher revenue for premium, corporate and no-frills basic economy tickets and higher revenue for both domestic and international trips.
Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says
The latest edition of the Fed's Beige Book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.
SpaceX stock sinks below $135 IPO price for the first time
SpaceX shares fell for a fourth-straight session on Wednesday days after entering the Nasdaq-100
Kalshi traders see gas prices crossing $4 by end of July
Like last month's average, Kalshi traders see gas prices surpassing $4 by the end of July.
Warren Buffett tells CNBC he initiated Berkshire Hathaway's investment in Alphabet
Warren Buffett said he was the driving force behind the conglomerate's recent big investment in Alphabet.
Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
Mortgage rates moved higher last week, causing buyers to pull back, but refinancing did see small gains.
Jim Cramer says he needs 'cold hard' proof that AI is paying off
CNBC's Jim Cramer said he’s looking for companies to start showing measurable financial returns from their AI investments.
Trump's pick to head national intelligence, Jay Clayton, won't tell senators Biden won the 2020 election
The Senate Intelligence Committee is considering Jay Clayton's nomination to be the director of national intelligence.
$100M New Jersey deli fraud defendant Patten wants no prison time despite past conviction
James Patten is the person to be sentenced for a scheme that sent the market capitalization of a company that owned just a small New Jersey deli soaring.
Warren Buffett on the market today: 'It's tough to find values when everybody is preferring gambling'
The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
Historic IBM stock crash sets up unique options strategy
IBM shares fell just over $73 to ~$217 — a jaw-dropping 25% single-day decapitation.
Trump blasts New York AI data center moratorium, says state should change policy 'immediately'
New York became the first state in the U.S. to impose a ban of its kind when the governor signed the executive order Tuesday.
Anthropic moves closer to mega-IPO as bankers line up investor meetings
Anthropic is lining up investor meetings ahead of a potential IPO as soon as October as the AI startup behind looks to beat rival OpenAI to the public markets.
J&J falls despite a beat-and-raise quarter. Why we're raising our price target anyways
Johnson & Johnson's quarter was imperfect, but enough is going right to validate our ownership of the stock.
Public Service Loan Forgiveness has new rules — 3 changes borrowers should know about
Recent changes to Public Service Loan Forgiveness should prompt borrowers to confirm that their repayment plan and loan type remain eligible for the relief.
Amazon senior cloud executive departs after 18 years
Brown helped launch one of AWS' oldest services and also oversaw its compute and machine learning units.
Fed Chairman Kevin Warsh's testimony to Senate banking committee hits on economy, interest rates
As part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House financial services committee.
Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
Todd Blanche says he has 'full faith' in Kash Patel as FBI director
Attorney General nominee Todd Blanche previously served as a criminal defense lawyer for President Donald Trump.
IRS chief Frank Bisignano will lead Trump Accounts expansion
The Treasury Department is putting a top official in charge of the new program as it enrolls millions of families.