Financial News Editor

Jeju Air Crash Sparks Boeing Shares DropIn a tragic turn of events, a deadly crash involving a Jeju Air Co. Flight 2216 at Muan International Airport in South Korea has sent shockwaves through the...

10-Year Treasury Yield Climbs to Near Seven-Month HighThe 10-year Treasury yield surged on Friday, nearing a seven-month peak. At present, the yield on the widely-watched 10-year Treasury stood at 4.626%, marking a 4 basis...

Anaheim, California leads the pack as one of the Top 15 U.S. Cities with the Highest Home Price Increase in 2024, according to Redfin data shared with CNBC Make It. Despite high mortgage rates...

Midday Stock Movers: Red Cat Holdings, Rigetti Computing, Honda & MoreIn a whirlwind of activity on Wall Street, several key players have caught the attention of investors today. Red Cat Holdings, Rigetti Computing, and...

Tech Giants Shift Focus to Nuclear Power In a groundbreaking move, major tech companies like Microsoft, Amazon, Google, and Meta are shifting their focus to nuclear power as a solution to their escalating energy demands....

Winners of Prolonged Higher Interest Rates: Cash Account HoldersIn a recent Federal Reserve forecast, the news of a slower pace of interest rate cuts than previously expected has left many, especially those...

Google CEO Sundar Pichai Emphasizes the Importance of 2025Alphabet CEO Sundar Pichai recently addressed Google employees, stressing the significance of 2025 in light of intensifying competition, regulatory challenges, and the rapid evolution of artificial...

Breaking News: Rigetti Computing, KULR Technology, and MicroStrategy Dominate Pre-market StocksIn the fast-paced world of pre-market stocks, three companies are making waves today. Rigetti Computing, KULR Technology, and MicroStrategy are leading the pack with...

OpenAI's Need for Additional Capital in For-Profit StrategyOpenAI, a groundbreaking research lab focused on artificial general intelligence (AGI) since its inception as a nonprofit in 2015, is facing a pivotal moment in its evolution....

Janet Yellen, the U.S. Treasury secretary, recently announced an extension of the deadline for small businesses to file a crucial form, known as a Beneficial Ownership Information report, to Jan. 13, 2025. This decision...

How to Avoid Holiday Debt: Tips for Financial Planning and BudgetingAs the holiday season comes to a close, many Americans are left facing new debt challenges. According to a recent survey from LendingTree, 36%...

GameStop, MicroStrategy, Honda & More: Top Pre-market StocksIn the fast-paced world of stock markets, certain companies are making waves even before the opening bell rings. GameStop, MicroStrategy, Honda, and others are dominating the pre-market...

Larry Ellison: The Tech Industry's Senior CitizenLarry Ellison, the co-founder of Oracle, has been making waves in the tech industry in 2024. At 80 years old, he stands out among his billionaire peers, such...

The U.S. job market has seen a significant shift from the 'great resignation' to the 'great stay,' a term coined by labor economists to describe the current landscape of low hiring, quits, and layoffs....

Nvidia's Soaring Stock Captures Retail Investors' Interest In a world increasingly shaped by artificial intelligence, Nvidia has emerged as the beacon guiding investors like Michael MacGillivray towards profitable waters. The 25-year-old from Michigan, captivated by...

American Airlines, Broadcom, Big Banks, and More - Latest Market NewsAmerican Airlines, Broadcom, and major banks are making headlines in the stock market today. Stay updated on the latest market news with our comprehensive...

Federal Reserve Faces Lawsuits from Major Banks Over Stress TestsA group of major banks, including JPMorgan, Citigroup, and Goldman Sachs, along with various business groups, have taken legal action against the Federal Reserve over...

Utilizing AI for Enhanced Performance in Formula 1 RacingWOKING, England - McLaren, a pioneering force in Formula 1 racing, is revolutionizing the sport through the strategic use of artificial intelligence (AI). In a recent...

Matt Gaetz Accused of Engaging in Sexual Activity with Underage Girl During Congressional TenureIn a shocking revelation, the House Ethics Committee announced on Monday that it had uncovered "substantial evidence" indicating that former Republican...

House Democrats Slam GOP for Protecting Musk's China Interests in Funding BillElon Musk, the controversial tech mogul, found himself at the center of political turmoil as House Democrats criticized their Republican counterparts for allegedly...

The Senate has passed a critical bill that will increase Social Security benefits for specific public workers, bringing relief to millions affected by provisions known as the Windfall Elimination Provision (WEP) and Government Pension...

The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action against the operator of the Zelle payments network and three...

WASHINGTON — House Republicans are racing against the clock as they plan to hold a crucial vote on a last-minute funding bill to prevent a government shutdown. The bill, aimed at providing three months...

Nike CEO Elliott Hill's Strategic Plan to Revamp Revenue and ProfitNike, the iconic sportswear giant, is undergoing a major overhaul under the leadership of new CEO Elliott Hill. With a vision to revive the...

Trump Endorses House GOP Deal to Avert Government Shutdown and Suspend Debt Ceiling: What It MeansIn a crucial turn of events in the nation's capital, House Republicans have reached a consensus on a short-term...

Elon Musk and former President Donald Trump have taken a strong stand against the House GOP's government funding bill, setting the stage for a potential government shutdown that could disrupt essential services. Trump's opposition...

The Federal Reserve Slashes Interest Rates, But What Does It Mean for You?WASHINGTON - In a move that caught the attention of the financial world, the Federal Reserve has announced a 0.25% cut to...

Federal Reserve to Announce Interest Rate Decision Federal Reserve Chair Jerome Powell is set to announce the central bank's interest rate decision on Wednesday, following the Nov. 6-7, 2024, Federal Open Market Committee meeting in...

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, have made headlines with their potential merger talks in Japan. The two Japanese automakers are reportedly considering joining...

Trump's Plan to Transform Germany's Auto Giants into American CompaniesRepublican Presidential candidate, former U.S. President Donald Trump has made a bold statement about the future of Germany's auto industry. During a campaign rally in...

President-elect Donald Trump met with TikTok CEO Shou Zi Chew at his Mar-a-Lago club in Palm Beach, Florida, at a crucial moment in the battle over the popular social media app's future in the...

Bitcoin has hit a new all-time high, soaring over $106,000, in anticipation of the Federal Reserve's upcoming announcement. The flagship cryptocurrency surged by more than 4%, reaching $105,207.00 before breaking records at $106,509. Ether...

President-elect Donald Trump is preparing to begin his second term with mixed reviews from the American public, according to the latest CNBC All-America Economic Survey. While a majority of Americans are ready to support...

Tragic Death of Former OpenAI Researcher and Whistleblower: What Happened?Suchir Balaji, a 26-year-old former OpenAI researcher, was tragically found dead in his San Francisco apartment in recent weeks, confirmed by CNBC. The executive director...

President Donald Trump played a pivotal role in Broadcom's journey to the trillion-dollar club, a feat achieved when the chipmaker's market cap surpassed $1 trillion for the first time. This remarkable milestone came after...