Kevin Warsh to be sworn in as Federal Reserve chair on Friday
Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.
Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company
Meta is starting layoffs this week, with 8,000 jobs expected to be cut, as employees brace for a new era of AI.
U.S. creates $1.7B 'lawfare' fund in exchange for Trump dropping $10B IRS suit
Trump sued the IRS in late January over the leak of his tax information by an IRS employee Charles "Chaz" Littlejohn in 2019 and 2020.
Warren Buffett teased to CNBC a ‘tiny purchase’ in March. Berkshire filing may have revealed it
When asked in March whether Berkshire was still putting money to work, Buffett said the conglomerate had made "one tiny purchase."
Trump ballroom money in question after Senate parliamentarian rules. Thune says GOP will persist
Senate Majority Leader John Thune, R-S.D., said the GOP will refine its approach to seeking money for President Donald Trump's White House ballroom.
Judge blocks evidence from Luigi Mangione backpack in UnitedHealthcare CEO murder case
Luigi Mangione was apprehended by police in a McDonald's in Altoona, Pennsylvania, days after the killing of UnitedHealthcare CEO Brian Thompson.
Higher aluminum prices are powering one former Dow component. Here's how to buy for less
Despite elevated aluminum production costs and shipment timing issues, Alcoa (AA) is strongly capitalizing on structurally higher prices.
New bipartisan bill would let retirees use their 401(k) to make direct charitable donations
Under current law, qualified charitable distributions — which are available to people age 70 1/2 — can only be made from individual retirement accounts.
The last century was great for U.S. stocks, but the next decade might be challenging, says investing chief
High valuations and narrow concentration could present challenges for the S&P 500 moving forward, one expert says.
NextEra Energy to buy Dominion in deal that unites two key players in race to power AI data centers
Dominion powers the world's largest data center market in northern Virginia. NextEra is the biggest renewable energy developer in the U.S.
Trump says he should've asked for 'more' of Intel when negotiating stake with CEO
The chipmaker's stock has soared since the U.S. equity deal in August gave the government 9.9% of the company.
Lululemon takes battle with Chip Wilson public, calls founder 'misguided' and 'outdated'
Lululemon responded publicly to founder Chip Wilson's campaign in a letter to shareholders, where it urged them to vote in its favor at its annual meeting.
Berkshire Hathaway has revamped its portfolio — Here's how the new stocks are trading
Berkshire Hathaway took a $2.6 billion stake in Delta Airlines and increased its shares in Alphabet by 224%.
Homebuilder sentiment improves on late spring surge in demand
Builders are feeling slightly better about the housing market, as they see improved buyer traffic in a potential late spring surge.
‘This is bad’: Strategists see European oil shortages within weeks as inventories are depleted
The Iran war oil squeeze could trigger shortages in Europe within weeks, and keep global inventories depleted until 2027, strategists warn.
Jim Cramer says this beaten-down retail stock is poised for a rebound
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Ominous bond trades point to much higher rates
The put bets would be a bet on a yield spike since bond prices (value of the TLT fund) move inversely to rates.
Ryanair has plans for 'armageddon' scenario as CFO warns weaker European carriers may not survive jet fuel crunch
Ryanair said it has plans for an "armageddon situation," amid the jet fuel crisis.
White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts
The meeting between U.S. President Donald Trump and Chinese President Xi Jinping last week yielded new pacts, though the sides have provided differing details.
How Elon Musk and Sam Altman went from besties to bitter rivals
In the 11 years since Elon Musk and Sam Altman helped start OpenAI, their once tight bond has unwound, leaving the two billionaires fighting it out in court.
Bank of England does not need to hike interest rates, says IMF — it may even need to cut
The Bank of England is expected to hold and even potentially hike interest rates this year in response to resurgent inflation sparked by the Iran war.
Why a small UK lender has major U.S. credit firms on edge
The continuing fallout from MFS' collapse has heightened fears that problems in complex credit markets pose a broader systemic risk.
Weight-loss wars go global as Novo Nordisk bets big on its Wegovy pill
The weight loss pill had a strong U.S. launch this year, and Novo believes that will be replicated in other markets around the world.
We traded our smartphones for flip phones for 4 days—here's what we learned: 'It's annoying, but probably good for me'
Two CNBC Make It reporters used flip phones instead of smartphones for four days, as a digital detox experiment. Both say they'd do it again.