SpaceX launched its fifth test flight of its Starship rocket on Sunday, taking a major step forward in the vehicle's…
Category: News – CNBC
Trump to move fast on tariffs, says Wall Street firm, citing clients who met with ex-trade chief
Lighthizer, the U.S. trade representative during Trump's first term, is a top prospect for a number of potential Cabinet posts…
Boeing to cut 17,000 jobs as losses deepen during factory strike
Boeing said it will lay off about 10% of its workforce as its losses deepen from an ongoing factory strike.…
The Federal Reserve may have pretty much just hit its 2% inflation target
In fact, economists at Goldman Sachs think the Fed may already be there. ...
Elon Musk hypes $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event
Tesla's long-awaited robotaxi event started almost an hour late on Thursday and included more big promises from Elon Musk. ...
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many…
Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting. ...
Boeing withdraws contract offer after talks with union end without a deal
The breakdown extends a machinist strike at Boeing that has halted production of most of the company's aircraft. ...
DOJ indicates it’s considering Google breakup following monopoly ruling
The Department of Justice late Tuesday indicated that it was considering a possible breakup of Google as an antitrust remedy.…
Why oil and gas markets are dreading the risk of supply disruption in the Strait of Hormuz
An escalating conflict in the Middle East has thrust the world's most important oil artery back into the global spotlight.…
Shares of generator maker Generac soar, insurance stocks fall as Hurricane Milton intensifies
Power generation and insurance stocks are moving as Hurricane Milton heads toward Florida. ...
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Starboard's stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand…