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Finance
Vote to expel GOP Rep. George Santos fails in House
Rep. George Santos (R-NY) looks on as the House of Representatives holds a vote on a new Speaker of the House at the US Capitol on October 18, 2023 in Washington, DC.Mandel Ngan |…
Delta lays off some corporate workers to cut costs
Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York City.Eric Thayer | Getty Images News | Getty ImagesDelta Air Lines is cutting some corporate jobs in…
AMD surges after issuing positive outlook for AI chips next year. Here’s what the pros say
Market Movers rounded up the latest reactions to Advanced Micro Devices from investors and analysts. The pros, including Jim Cramer , discussed the chipmaker after it reported…
U.K. invests $273 million in AI supercomputer as it seeks to compete with U.S., China
Bletchley Park was a codebreaking facility during World War II.GettyThe U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial…
Stocks making the biggest moves after hours: SolarEdge, Qualcomm, Etsy, Clorox and more
Check out the companies making headlines in extended trading. SolarEdge — The solar stock cratered 23% after SolarEdge posted a dismal third-quarter report and outlook for the…
DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey Gundlach believes interest rates are about to…
Bank of America says be wary of a soft holiday shopping season, gives its top picks
Holiday spending will be sluggish as consumers grapple with inflation, but Bank of America thinks a handful of value retailers and specialty stores could see a boost. Bank of…
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.Text removed from the…
Live updates on November Fed rate decision
Federal Reserve may not take rate hikes off the table, says former Richmond Fed presidentThough policymakers are expected to skip a rate hike Wednesday, investors shouldn't bet on…
Stocks making the biggest moves midday: Estee Lauder, Yum China, Paycom Software and more
Check out the companies making headlines in midday trading. Advanced Micro Devices — The stock added 8% after the chipmaker beat analyst expectations for its third-quarter earnings…