Warsh pledges Fed policy 'regime change' to rid inflation 'tax' on American people
Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.
Oil prices off highs after Trump abandons 20% protection fee on Strait of Hormuz traffic
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
IBM stock craters 23% after issuing second-quarter earnings warning
CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.
Supreme Court Justice Barrett says 'the threat level is really high' in budget testimony
Supreme Court Justices Amy Coney Barrett and Elena Kagan are testifying about the high court's budget request, which includes higher spending for security.
Chamath Palihapitiya says soaring AI token spend will hit companies' earnings
Palihapitiya is part of a growing chorus of investors and tech executives who are cautioning that the tokenmaxxing era is coming to an end.
E. Jean Carroll receives $5.6M from Trump in sex abuse, defamation case: Court filing
A federal judge recently ordered Trump to pay Carroll, rejecting his last-ditch efforts while noting that he "has been stalling this case for years."
United Airlines' new upsell: Keeping other travelers out of the middle seat
United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
Warren Buffett is accelerating his charitable donations with aim to give away Berkshire wealth by 2034
Warren Buffett is speeding up the pace of his annual donations of Berkshire Hathaway shares to four family foundations, giving them a total of almost $6 billion now.
Paramount still plans to close WBD merger by end of September despite lawsuit
Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general.
Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
The consumer price index in June was expected to increase 3.8% from a year ago.
Sen. Tim Scott wants to hear from Warsh on data centers and artificial intelligence
Sen. Tim Scott, R-S.C., will host Kevin Warsh before the Senate Banking Committee on Wednesday for his first time testifying as Fed chairman.
Google DeepMind chief Demis Hassabis calls for U.S. to spearhead AI standards body
Tech giant's AI boss said "urgent action" was needed as AI capabilities advanced.
SpaceX alumni building remote-controlled construction equipment land $115 million fund round
TerraFirma on Tuesday said it raised $115 to support new hires and the building of a new factory and mission control center.
Warren Buffett excludes Gates Foundation from his annual donations of Berkshire stock
Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts.
Jim Cramer says don't bite on Apple sell call; buy his new chip favorite
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Consumers turn to buy now, pay later for essential expenses — with growing risks
Some consumers are using buy now, pay later for essential expenses like groceries, rent and utility bills. But more BNPL users have recently had a late payment.
Frontier Airlines to debut in-flight Wi-Fi in 2027 with SpaceX's Starlink
Frontier is signing with Starlink for in-flight Wi-Fi, with service debuting as early as next year.
Business declares war on Pentagon stock buyback, dividend restrictions moving in Senate
The provision was pushed by Sen. Elizabeth Warren, D-Mass., and was included in the National Defense Authorization Act on a bipartisan basis.
World Cup's biggest spenders show up late as semifinals drive host city travel boom
World Cup travel demand to U.S. host cities is spiking as the tournament reaches the semifinal stage.
Taiwan's second-largest chipmaker starts mass production in Singapore; Citi sees improving outlook
Taiwan’s UMC has kicked off mass production of silicon photonics wafers at its Singapore facility amid positive Citi forecast.
TikTok policy chief defends safety measures amid EU push to limit children's social media access
TikTok's policy chief defended the platform's safety measures as the European Union pushes ahead with restricting children's access to social media.
A French underwear brand is taking on fast fashion — with an IPO
Le Slip Français will make its stock market debut in Paris on Tuesday, betting that consumers will pay for locally made clothing amid competition from Shein.
Retail-trader 'bottleneck bros' eyeing AI supply chain can't wait for SK Hynix options
For many of those retail tech traders, SK Hynix's memory business reminds them of Micron – the paragon of the supply-chain bottleneck thesis.
Jim Cramer says these 'Pavlovian trades' are the stocks that benefit when oil spikes
CNBC's Jim Cramer said investors have gravitated toward a familiar group of stocks as oil prices climb.