Jeff Bezos says bottom half of earners should pay zero in income taxes
Amazon executive chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners.
Iran threatens to extend conflict ‘beyond the region’ if U.S. and Israel resume attacks
Iran's Revolutionary Guard on Wednesday threatened to extend the Middle East conflict "beyond the region" if the U.S. and Israel resume attacks against Tehran.
Target beats Wall Street estimates, hikes sales outlook as shoppers start to return
Target has been struggling with a sales slump and decreased customer traffic, though CEO Michael Fiddelke has said the retailer is poised for a turnaround.
Lowe's beats Wall Street expectations against 'challenging' housing backdrop
Lowe's beat Wall Street expectations for its fiscal first-quarter earnings and reaffirmed its full-year guidance.
Trump's past tax returns get protection from IRS enforcement under 'lawfare' fund settlement
President Trump agreed to drop his lawsuit against the IRS in exchange for a fund that can compensate allies who were targeted under the Biden administration.
Fanatics to launch first credit card as part of broader deal with American Express
Fanatics is planning to put a credit card in the wallets of sports fans, allowing them to earn rewards to get team merch, trading cards and collectibles.
Stellantis CEO Antonio Filosa is about to unveil his plan to turn the company around as the automaker's stock lags
Shares of Stellantis are off nearly 30% since Antonio Filosa, a veteran who climbed through the company ranks, was named CEO nearly a year ago.
Could Trump Accounts be a model for Social Security? Here's what experts say
New Trump Accounts for children could "become Social Security personal accounts," Sen. Ted Cruz, R-Texas, recently said. Here's what experts say.
More car buyers are shifting to EVs — but the reasons why are nuanced
Trade in data from Edmunds shows more car buyers are choosing EVs, as fuel prices spike. But other factors might be holding back demand.
College career path ‘over’ as skilled trade get 30% pay bump, recruitment giant says
"I would say you can make a good career and good money in skilled trade. That's definitely a career track," CEO of world's largest recruitment firm told CNBC.
Democrats make demands of U.S. trade representative ahead of U.S.-Mexico-Canada Agreement review
CNBC obtained a letter from a group of Senate Democrats to U.S. Trade Representative Jamieson Greer laying out what they want to see in a key trade agreement.
Breakthrough agreement in housing bill gives investors wins
The U.S. House is set to approve an updated housing affordability bill after removing industry-opposed requirements on selling build-to-rent homes.
Rising mortgage rates cause surge in demand for riskier loans
Mortgage rates continued to rise last week, causing more borrowers to head to adjustable-rate loans, which are cheaper but considered riskier.
A strange paradox has taken hold of the global fashion industry
Fashion brands are doubling down on sustainability even as value-seeking shoppers ignore the pitch.
Taiwan was front and center during Trump's China trip — but absent from Xi’s meeting with Putin
The meetings between China's Xi Jinping and his U.S. and Russian counterparts came just days apart, but there was a stark contrast in tone and content.
Home Depot was a mistake but selling it now would compound it. Why we're hanging on
Home Depot worked its way modestly higher after a down open on a quarterly update that was just OK and a status quo outlook.
SpaceX picks Goldman Sachs for lead left position on record-breaking IPO, sources say
SpaceX has picked Goldman Sachs to lead what's expected to be a record-setting IPO.
Vance defends stock trading spree in Trump financial filings: 'Come on, man'
Vice President JD Vance said at the White House on Tuesday that he and President Donald Trump both support banning congressional stock trading.
Senate advances measure to end military action in Iran in rebuke to Trump
The war with Iran has now blown past the 60-day requirement under the War Powers Act for the president to seek the authorization of Congress.
Alibaba reveals more powerful Zhenwu AI chip, new LLM
Alibaba announced updates to its AI offerings, including a more powerful chip and a new large language model.
Google debuts new AI models, personal AI agents in effort to keep pace with OpenAI and Anthropic
Google made a number of AI announcements at its annual developer conference, rolling out more-advanced models and agentic tools for its expansive user base.
EU clears major hurdle to finalize U.S. trade pact — and sidestep Trump tariff hikes
European Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove import duties on U.S. goods.
China confirms order for 200 Boeing planes, calls aviation key area for U.S. cooperation
China has agreed to buy 200 Boeing jets, its first major order in nearly a decade, U.S. President Donald Trump said last week.
Over 47,000 Samsung Electronics workers set to strike as wage talks break down, sending shares lower
More than 47,000 Samsung Electronics workers will begin a strike on Thursday after wage negotiations between the company and its union broke down.