U.S. News
Trump prosecutors keep witness schedule secret to avoid ex-president's attacks

Prosecutors are keeping the witness schedule secret until the eve of testimony, to prevent former President Donald Trump from targeting those slated to testify.

7th May 2024 01:22
U.S. News
Trump Media hires new auditor after previous accounting firm charged with 'massive fraud'

Truth Social owner Trump Media went public under the DJT ticker in late March after merging with Digital World Acquisition Corp.

6th May 2024 22:34
U.S. News
Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss

In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.

6th May 2024 19:08
U.S. News
Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows

The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.

6th May 2024 18:34
U.S. News
U.S. automakers like GM are rapidly losing ground in China, once an engine for growth

GM's fall from grace in China is staggering amid geopolitical tensions with the U.S., along with changing consumer sentiment and increased domestic competition.

6th May 2024 15:55
U.S. News
Trump's porn star hush money trial enters week four: Here’s what’s happened so far

Trump's historic criminal trial enters week four.

6th May 2024 15:49
U.S. News
Warren Buffett weighs in on his own mortality at this year's Berkshire Hathaway annual meeting

The "Oracle of Omaha" spoke candidly about a future when he's no longer there to lead the conglomerate he built with the late Charlie Munger.

6th May 2024 15:24
U.S. News
Apple remains Buffett's biggest public stock holding, but his thesis about its moat faces questions

Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of the iPhone maker.

4th May 2024 15:54
U.S. News
Guo Wengui chief of staff Yvette Wang pleads guilty to $1 billion fraud conspiracy in New York

Guo Wengui, an associate of Trump White House advisor Steve Bannon, is due to stand trial in the fraud case in New York federal court in several weeks.

3rd May 2024 22:41
U.S. News
Trump trial: Former top aide Hope Hicks cries as cross-examination begins

Judge Juan Merchan has yet to rule on whether Donald Trump once again violated the gag order barring him from speaking about jurors and witnesses.

3rd May 2024 22:24
U.S. News
SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban

Trump Media, the owner of the Truth Social app, trades under the DJT ticker. Former President Donald Trump is the majority shareholder of the company.

3rd May 2024 20:54
U.S. News
Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide

Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.

3rd May 2024 19:43
U.S. News
Why many Americans still feel bad about the economy despite strong data

There is a pervasive sense of disconnect between the overall economic picture and how people feel about the economy.

3rd May 2024 18:45
U.S. News
AI engineers report burnout and rushed rollouts as 'rat race' to stay competitive hits tech industry

AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.

3rd May 2024 16:42
U.S. News
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.

3rd May 2024 15:45
U.S. News
Trump denies sleeping during trial: 'I simply close my beautiful blue eyes'

Donald Trump returned to his criminal hush money trial in New York after Judge Juan Merchan held him in contempt for violating his gag order.

3rd May 2024 14:29
U.S. News
Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasing

Apple shares jumped after the company's earnings report on Thursday even though iPhone sales dropped more than expected.

3rd May 2024 13:48
U.S. News
Here's what to expect from the April jobs report on Friday

The Bureau of Labor Statistics report drops at 8:30 a.m. ET.

3rd May 2024 12:49
U.S. News
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.

3rd May 2024 01:11
U.S. News
Amgen scraps experimental weight loss pill, moves forward with injection

Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.

3rd May 2024 00:59
U.S. News
Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid

Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.

2nd May 2024 22:19
U.S. News
Trump campaign lawyers can't quit workplace discrimination case for now, judge rules

The lawsuit by A.J. Delgado claims the Trump campaign discriminated against her after she revealed she was pregnant by Jason Miller, another advisor.

2nd May 2024 22:18
U.S. News
Moderna loses less than expected as Covid vaccine sales beat estimates, cost cuts take hold

The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.

2nd May 2024 22:00
U.S. News
Democratic senator aims at Amazon's labor practices with first federal bill regulating quotas

The bill seeks to regulate productivity quotas used by warehouse employers, including Amazon.

2nd May 2024 22:00
U.S. News
U.S. intelligence chief warns Congress of rise in cyberattacks

The new comments from Haines come as companies such as UnitedHealth Group, MGM Resorts and Clorox have been disrupted by cyberattacks in the past year.

2nd May 2024 18:52
U.S. News
Trump Media pushes House to probe 8 firms over short-selling of DJT shares

Donald Trump is the majority shareholder in Trump Media and the best-known user of its Truth Social app. When DJT shares fall, his net worth can take a bit hit.

2nd May 2024 18:22
U.S. News
Carvana shares spike 30% as used car retailer posts record first quarter

Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.

2nd May 2024 11:53
U.S. News
'Liquid gold': An olive oil shortage is fueling record prices and food insecurity fears

A shortage of olive oil has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.

2nd May 2024 10:02
U.S. News
Amazon CEO Andy Jassy broke federal labor law with anti-union remarks

A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and The New York Times, found Amazon CEO Andy Jassy broke labor law.

2nd May 2024 02:32