Nonfarm payrolls were expected to increase by 100,000 in July, according to the Dow Jones consensus estimate. ...
Category: News – CNBC
Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday.…
CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve
CVS CEO David Joyner pointed to strength in its retail pharmacy and improvement in its insurance unit, Aetna, which is…
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus…
Trump says Friday tariff deadline ‘will not be extended’
President Donald Trump said that he will not extend the deadline for his "reciprocal" tariffs on dozens of countries to…
Novo Nordisk shares plunge after Wegovy maker names new CEO, cuts full-year guidance
Danish pharmaceutical giant Novo Nordisk on Tuesday cut its full-year sales and profit guidance. ...
Boeing slashes losses as CEO touts ‘our turnaround year’
Boeing slashed its quarterly losses as sales jumped after it delivered the most airplanes since 2018. ...
UnitedHealth aims to reassure investors as profits plunge, DOJ investigates its Medicare business
Investors will be looking for a path to a turnaround from UnitedHealth's earnings release, after an abrupt CEO change and…
Quantum computing firm IonQ hires former JPMorgan Chase applied research head
IonQ is one of the larger examples of pure-play quantum firms; it and competitors including Rigetti and D-Wave have seen their shares surge…
‘He’s showing up.’ Things are getting better at Boeing under CEO Ortberg. Can he keep it going?
Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings…
Under Trump, Uncle Sam is becoming an active investor at a scale not seen outside war or major crises
The Trump administration has shown that it's willing to buy up stakes in publicly traded companies, a level of intervention…