Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
Meta announces new smart glasses starting at $299, as Zuckerberg keeps pushing wearables
Meta executives have said they see the lightweight smart glasses as a step towards a more advanced device that includes screens in the lenses.
SpaceX stock climbs 2% after falling below $150 debut price
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
Sen. Cassidy plans to push 'big idea' for Social Security reform in last days in office
As Social Security faces an imminent funding shortfall, Sen. Bill Cassidy said he has come up with a plan to invest in the stock market on the program's behalf.
Progressive Brad Lander’s surging bid for Congress splinters Democrats' labor union alliance
Rep. Dan Goldman, D-N.Y., is fighting for his political life in a race with Brad Lander, who is backed by Mayor Zohran Mamdani and Sen. Bernie Sanders, I-Vt.
'I like their money': Trump threatens lawsuits against ABC for reporting on Reflecting Pool
The latest action against ABC comes as the broadcaster faces two investigations from the Federal Communications Commission.
Trump administration to loan $17 billion to speed deployment of 10 big nuclear reactors in U.S.
The loans will support the construction of five projects that each host two big nuclear reactors.
Five things to watch in Tuesday's primaries as New York races take center stage
Tuesday’s primaries in New York, Maryland and Utah test outside money, party power and the influence of Zohran Mamdani and Donald Trump.
Brexit 10 years later: How the UK economy and politics changed, in charts
Ten years after the Brexit vote, CNBC compiled these charts show how the U.K. has changed across growth, immigration, sterling, trade and politics.
Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.
Gold and silver tumble as rate-hike fears hit precious metals
Gold and silver fell Tuesday as rate-hike fears pressured precious metals and Wall Street banks reassessed their gold forecasts.
Sens. Warren, Kelly press Trump administration on effects of tariffs on manufacturing
A pair of Democratic senators is asking for answers from the Trump administration on the effect of tariffs on U.S. manufacturing.
Google’s online dominance is showing signs of cracking in AI era
While Google remains in a position of strength in the eyes of Wall Street, the AI era is complicating the company's story.
AI memory startup focused on cutting token costs raises $98 million
Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.
Apollo curbs withdrawals after exit requests hit 17%, reigniting fears over private credit liquidity
Apollo is capping investor redemptions in its main retail-focused private credit fund after exit requests hit 17%.
Trump Account signups now total more than 6 million, but millions more children are eligible
Trump Accounts will soon be available to millions of U.S. children; however, many may miss out on the savings opportunity — and free money.
The Club's top 10 things to watch in the stock market Tuesday
The Nasdaq is set for a sharply lower open, as the plunge in South Korean stocks bleeds into the U.S.
Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla's partially automated driving systems.
Highly successful people do 5 things to get luckier in life, says Stanford leadership expert: 'Good luck isn't random or rare'
Stanford University educator Tina Seelig shares what the luckiest people do every day to find success.
How Europe is grappling with extreme heat as red alerts issued in Britain, France, Spain and Italy
Several European countries issued red weather alerts as a fresh bout of extreme heat pushed temperatures beyond 40 degrees Celsius (104 degrees Fahrenheit).
U.S. fights with Brazil for China's giant soybean market
The U.S. Soybean Export Council makes claims to higher quality a selling point over Brazil's crop, as American farmers attempt to win back business from the world's largest importer
Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
AI groups spend $20 million going head-to-head in New York race pitting Bores, Lasher, Schlossberg
Companies are spending big to shape AI policies at the federal level. And the Manhattan House Democratic primary will be a test of where voters stand.