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Economy
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of inflation but are unsure whether they've done enough…
Stocks making the biggest moves midday: Affirm, Disney, Krispy Kreme, TransDigm and more
Check out the companies making headlines in midday trading. Affirm — Affirm shares jumped 17% a day after the fintech company reported fiscal first-quarter revenue that topped…
Virgin Galactic stock surges 30% after announcing plan for cost savings
Carrier aircraft VMS Eve releases spacecraft VSS Unity before firing its rocket engine during the Unity 25 spaceflight on May 25, 2023.Virgin GalacticVirgin Galactic plans to pause…
IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica
Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, a practice that he himself in the past deemed a…
United Airlines tweaks frequent flyer program to reward credit card spending
United Airlines planes at Denver International Airport.Leslie Josephs/CNBCUnited Airlines plans to make it easier for customers to earn elite status through co-branded Chase credit…
Astra founders offer to take company private at value of about $30 million
Astra tests a rocket at its headquarters on the San Francisco Bay in Alameda, California.AstraThe founders of struggling space company Astra have offered to take the company…
SoftBank’s Vision Fund ekes out gain but company posts $6.2 billion quarterly loss
SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.SoftBank's flagship tech investment arm had a rough time in the…
GOP hopefuls make the case against Trump
Ramaswamy rips Haley: 'Dick Cheney in three-inch heels'Entrepreneur Vivek Ramaswamy speaks during the third Republican presidential primary debate at the Knight Concert Hall at the…
Latest news on Gaza conflict
U.S drone shot down near Yemen, officials sayA U.S. military MQ-9 drone was shot down on Wednesday by Yemen's Houthis, two U.S. officials and the Iran-aligned Houthi movement…
Ivanka Trump testifies in $250 million civil fraud trial after ex-president’s angry appearance
Ivanka Trump arrives for the civil fraud trial of her father former President Donald Trump at New York State Supreme Court on November 08, 2023 in New York City.Michael M. Santiago…