SpaceX targets fixed $135 IPO roadshow price at $1.75 trillion valuation, source says
The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
Sellers are pulling homes off the market at the fastest pace since 2020
Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.
GOP Sen. Tillis slams Trump intelligence pick Pulte: 'Don't think he has a prayer'
Pulte is widely viewed as a Trump loyalist who has targeted the president's political foes during his tenure leading the housing regulatory agency.
A classic strategy that could yield big dividends
Packaging Corp of America (PKG) is an old-school, brick-and-mortar industrial business.
Bessent says he is performing IRS commissioner duties amid Trump tax settlement scrutiny
Democrats pressed the Treasury chief over whether other taxpayers affected by the leak that included Trump's tax returns would receive similar treatment.
Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
Uber slashes people division by nearly a quarter. CEO says 'changes are necessary'
Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads
Josh Turek wins Iowa Democratic Senate primary that could shape Democrats' path to Senate majority
Iowa's Senate primary where state Rep. Josh Turek beat state Sen. Zach Wahls could be critical as Democrats look to take back power in Congress.
Social Security benefit cuts could average $500 a month for retirees if trust fund runs dry, report finds
Social Security faces a looming depletion date for its retirement trust fund. A new report looks at how much benefit cuts Americans may see to their benefits.
Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents
Morgan Stanley's move is one of the earliest instances of a major Wall Street bank opening its platforms to external AI tools.
OpenAI CEO Sam Altman to meet with lawmakers, Trump officials in DC
President Donald Trump signed an executive order about AI this week, which Altman voiced support for.
Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast
The cryptocurrency is likely to break below its lows hit in early February, traders on prediction market Kalshi believe.
Leveraged ETF assets double in two months as investors press AI bet
Investors turn to ETFs linked to AI and Tech, with exposures in the U.S. and Korea/Taiwan doubling in just two months
Meta is trying to sell AI agents to businesses in latest effort to diversify away from ads
The Meta Business Agent will be included in the company's Meta One paid subscription offerings.
Where Jim Cramer stands on CrowdStrike and Broadcom ahead of earnings
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Bitcoin trails stocks by most since 2019 as traders get their kicks elsewhere
Bitcoin hasn't had this cold a winter in seven years.
Macy's posts strongest Q1 growth in four years, raises guidance despite consumer worries
Macy's has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.
Mortgage rates are easing slightly, but homebuyers are retreating
Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall.
Eli Lilly's top dealmaker says don't be surprised to see more M&A that pushes Lilly into new areas
Eli Lilly's new top dealmaker explains how the company changed its approach to M&A now that it's the most valuable pharmaceutical company in the world.
Trump Accounts create a 'legal backdoor' for Roth IRA wealth, tax attorney says
There’s a strategy that could help turn these new investment accounts into tax-free vehicles in retirement, some experts say.
France's Macron invites Sam Altman to attend G7, OpenAI tells CNBC
French President Emmanuel Macron has looked to win over tech bosses amid hopes to boost AI capability.
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
Fed Chair Warsh makes first hires at central bank, including 'Project 2025' author
The new Fed chair has made his first hires. One wrote the Fed chapter in the conservative policy blueprint "Project 2025."
Palo Alto Networks tops earnings as AI fuels cybersecurity urgency
The beat comes on lowered expectations, after the company gave disappointing guidance in February that fell short of analyst estimates.