Spirit starts monthslong process of dismantling airline after biggest collapse in a generation
Spirit Airlines was back in bankruptcy court to start dismantling the airline.
Microsoft Xbox CEO overhauls leadership amid sinking sales: 'We need to evolve how we work'
Asha Sharma, the former Instacart and Meta executive who took over Xbox at Microsoft, said the unit doesn't spend enough time with developers and players.
Jerome Powell making a 'significant mistake' by staying on at the Fed, Sen. Tim Scott says
Federal Reserve Chair Jerome Powell has said he plans to remain a member of the Federal Reserve board after his term as chair expires this month.
Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Anthropic CEO Dario Amodei warned AI has created a narrow window for software firms, governments and banks to fix tens of thousands of vulnerabilities.
SEC advances Trump-backed proposal to end mandatory quarterly earnings reports
The SEC formally proposed a rule change that would allow companies to file semiannual reports on a new form, 10-S, in place of the traditional quarterly10-Qs
Trump admin moves further into AI oversight, will test Google, Microsoft and xAI models
The White House is also considering a new AI working group that would explore potential oversight and vet models before release, CNBC confirmed.
FAA employee in New Hampshire charged with threatening to kill Trump
Federal Aviation Administration employee Dean DelleChiaie, who allegedly emailed a threat to the White House, faces up to five years in prison if convicted.
Should you buy Series I bonds amid higher inflation? What experts say
Series I bonds are paying 4.26% annual interest through Oct. 31 based on the latest inflation data. But you need to consider the trade-offs, experts say.
After Coinbase, prediction market traders forecast more tech layoffs ahead
Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.
Hegseth says 'the ceasefire is not over' after U.S., Iran exchange fire
DOD expected "some churn at the beginning" of "Project Freedom," Defense Sec. Hegseth said, referring to an effort to move ships through the Strait of Hormuz.
Gold and oil have been two of the hottest trades of the past one year. One of them has to break
What's good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices.
Bulls are piling into this Warren Buffett favorite ahead of earnings
Traders piled into bullish options trades on Occidental Petroleum ahead of its earnings report on Tuesday.
Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown
The "Universal Electric Vehicle" platform is expected to be key to Ford transforming its EV unit from billions of dollars in annual losses to breakeven by 2029.
FDA commissioner defends agency's drug approval decisions after wave of backlash
U.S. Food and Drug Administration Commissioner Marty Makary, under pressure, defends himself in an interview with CNBC's David Faber.
Maersk says ship passed through Strait of Hormuz under U.S. military protection
It comes as the U.S. Navy seeks to deliver on President Donald Trump's "Project Freedom" initiative.
DuPont is ripping higher after an impressive beat and raise — here's our next move
Shares jumped over 9% Tuesday as the market rewards DuPont for its better-than-expected results.
Oil prices fall after U.S. says Iran ceasefire remains in place despite UAE attacks
Oil prices declined on Tuesday, retreating from sharp gains in the previous session.
Pirro changes course in Fed investigation, move unlikely to satisfy Powell
The U.S. attorney opted not to appeal a ruling that had blocked her subpoenas to the Fed.
Central banks risk a recession by raising rates to tackle Iran oil shock, strategist warns
Central banks are widely expected to raise interest rates in a bid to temper soaring energy prices.
Palantir tops estimates on 85% revenue growth, fastest expansion since market debut in 2020
Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.
Coinbase cuts headcount by 14% citing AI acceleration
Coinbase will cut roughly 14% of its workforce, citing a combination of market volatility and the how AI is quickly changing how the company operates.
Major health insurers show signs of recovery – but a key test looms
Insurers have incomplete data on medical costs in the first quarter due to a lag in claims processing, which sets up the second quarter as the real test.
'Almost every Fortune 500 is tracking overall AI usage': What that means for employees
Most Fortune 500 companies are tracking workplace AI usage at the group, role or individual level as token costs become a standard line item in business costs.
Ferrari tops Wall Street's first-quarter expectations ahead of EV debut
Ferrari NV on Tuesday beat Wall Street's first quarter earnings expectations and reconfirmed its guidance for the year.