The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by…
Category: News – CNBC
Meta plans to release standalone Meta AI app in effort to compete with OpenAI’s ChatGPT
Meta's upcoming AI app advances CEO Mark Zuckerberg's plans to make his company the leader in AI by the end…
Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago. ...
Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter. ...
Lucid CEO steps down; EV maker plans to more than double production in 2025
Lucid said Marc Winterhoff, currently the company's chief operating officer, will step in as interim CEO. ...
Tesla’s market cap sinks below $1 trillion as stock slumps more than 8%
Tesla shares have dropped dramatically since peaking in December, and Tuesday's decline pushed the company's market cap below $1 trillion.…
Trump says tariffs on Canada and Mexico ‘will go forward’
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a month-long delay on their implementation…
Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’
In the wide-ranging interview, Dimon addressed his push to have most workers in office five days a week and his…
Germany’s conservatives win election, as far-right AfD leaps to second place, exit polls show
The Christian Democratic Union and its allied Christian Social Union secured the largest share of votes in the German federal…
The Fed is stuck in neutral as it watches how Trump’s policies play out
With an abundance of unknowns, the only gear the central bank really can be in these days is neutral. ...
Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."…
UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
It extends a tumultuous period for UnitedHealth marked by the killing of a top executive, a costly cyberattack against its…