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Economy
Latest news on Russia and the war in Ukraine
Any F-16s given to Ukraine will only last 'around 20 days,' Russia claimsRussia's defense minister claimed Wednesday that any F-16 fighter jets that the West supplies to Ukraine…
Why dealers say EV sales have slowed
Consumers spent nearly $400 billion on electric cars worldwide in 2022, and the U.S. is expected to add 1 million new EVs to its roads this year. From 2023 to 2027, automotive…
Treasury details plans to step up size of bond sales to manage growing debt load and higher rates
The Treasury Department announced plans Wednesday to accelerate the size of its auctions as it looks to handle its heavy debt load and with financing costs rising.In a development…
Private sector payrolls rose 113,000 in October, less than expected, ADP says
A "Now Hiring" sign at a CVS pharmacy in San Francisco, California, US, on Tuesday, July 18, 2023. CVS Health Corp. is scheduled to release earnings figures on August 2.Bloomberg |…
CVS results top expectations, lifted by strong health services revenue
A woman walks past a CVS Pharmacy in Washington, D.C., on Nov. 2, 2022.Brendan Smialowski | AFP | Getty ImagesCVS on Wednesday reported third-quarter adjusted earnings and revenue…
Morgan Stanley auto analyst Jonas says investors are ‘waking up’ to idea that Ford, GM are not a way to play EV boom
For years, investors have poured money into legacy automakers as a cheaper derivative play to Tesla and other high-flying electric vehicle stocks. But that may be the wrong…
21-year-old ran his side hustle from his parents’ apartment—now it brings in over $500,000 a year
This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of…
Russia-Ukraine war updates for October 31, 2023
Russian foreign minister discusses Israel-Hamas conflict with Syrian counterpart Russian Foreign Minister Sergei Lavrov discussed the Israel-Hamas conflict with his Syrian…
Here’s everything to expect from the Fed’s policy announcement Wednesday
US Federal Reserve Chairman Jerome Powell holds a press conference in Washington, DC, on September 20, 2023. Mandel Ngan | AFP | Getty ImagesThe Federal Reserve meeting will most…
AMD gives soft fourth-quarter guidance, but expects to sell $2 billion of AI chips next year
AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada.Robyn Beck | AFP | Getty ImagesAMD…