President-Elect Donald Trump says his mass deportation plan will go ahead. Hiring firms and labor economists have begun to weigh…
Category: News – CNBC
‘#EndtheFed’: Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win
During his first term as president, Donald Trump was not shy about publicly disparaging Federal Reserve Chair Jerome Powell and…
Painting the town pink and green: ‘Wicked’ takes over retail ahead of theatrical debut
Universal's "Wicked" is drumming up buzz ahead of its Nov. 22 release with hundreds of merchandise offerings from dozens of…
Jack Dorsey dramatically scales back crypto ambitions for Block
Block said Thursday that it was "winding down" its TBD division, which had sought to create an open-source crypto development…
Tesla hits $1 trillion market cap as stock rallies after Trump win
Shares of Tesla climbed in afternoon trading Friday, pushing the electric vehicle maker's market cap past $1 trillion. ...
Traders see good chance the Fed cuts again in December then skips in January
Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in…
The Fed is expected to cut interest rates again Thursday. Here’s everything you need to know
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point. ...
Trump Media shares surge 50% as Trump nears election win
Shares in the former president's media company jumped overnight. ...
10-year Treasury yield leaps above 4.40% as Trump near election victory
Bond yields could see a big pop in the event of a Trump win as more tax cuts and steep…
Boeing machinists end strike after approving labor contract with 38% wage increases
The vote is the third time since September that Boeing's machinists are considering a new labor deal. ...
From nuclear to quantum computing, how Big Tech intends to power AI’s insatiable thirst for energy
A huge upswing in the number of data centers shows no signs of slowing down, prompting Big Tech to consider…
Trump’s closing campaign message is hampered by distractions, disconnect
Donald Trump's campaign has faced backlash for several controversial remarks in the final days of his campaign against Vice President…