Why youth unemployment is surging in China
The world's second-most populous country has a major youth unemployment problem.
CNBC US News
Biden in Florida promises to rebuild, calls on Congress to provide more FEMA funding
President Joe Biden standing in front of a home damaged by a fallen tree said it was "but for the grace of God" the damage wasn't worse.
Instacart's IPO filing sparked an online spat between cloud rivals Snowflake and Databricks
After Instacart published its IPO prospectus on Monday, a disclosure regarding the company's use of Snowflake technology created an unexpected controversy.
Cruise disputes claim that its autonomous vehicle delayed first responders
Cruise is pushing back against an accusation that one of the company's autonomous vehicles delayed an ambulance after a deadly accident.
Why auto worker strikes against GM, Ford and Stellantis seem inevitable
Prolonged strikes against GM, Ford and Stellantis would be unprecedented and quickly impact the automotive supply chain, U.S. economy and domestic production.
Tesla shares close down 5% after price cuts, Model 3 refresh
Tesla shares dropped Friday after the company cut prices on cars in the U.S.
Judge withdraws from Medicare drug price case after stock ownership is revealed
Judge Thomas Rose of the U.S. District Court for the Southern District of Ohio withdrew from a case that could block Medicare's drug price negotiation program.
USVI says JPMorgan notified Treasury of more than $1 billion in Jeffrey Epstein 'human trafficking' transactions after he died
Jeffrey Epstein, a former friend of Donald Trump and Bill Clinton, killed himself in 2019 after being arrested on child sex trafficking charges.
Dell has best day on stock market since its relisting in 2018 after earnings sail past estimates
Dell shares surged more than 20% on Friday after the company reported better-than-expected earnings and revenue.
Amazon loses One Medical CEO a year after acquiring primary care provider
Amazon announced in July 2022 that it would acquire One Medical for roughly $3.9 billion, the third-largest deal in its history.
Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000
Nonfarm payrolls were expected to increase 170,000 in August, according to a Dow Jones consensus estimate.
Russia's Putin says he will soon meet with China President Xi as war in Ukraine drags on
The upcoming meeting comes amid steady gains by Ukrainian forces on the battlefield.
When to wear masks as Covid cases rise, new variants emerge in the U.S.
The decision to mask depends on a few things: your personal risk level, Covid rates in your region and who you might make contact with, experts say.
Home prices may be on the verge of cooling off
Home prices in July were 2.3% higher than the same month last year, but the monthly gain was lower than historical averages.
White House asks for additional $4 billion for FEMA after Hurricane Idalia, Maui fires
The White House is requesting an additional $4 billion from Congress to bolster funding for FEMA following the Maui wildfires and Hurricane Idalia.
Biden kept a Ford EV battery plant from going overseas. But not everyone is happy about it.
Ford was considering sites outside the U.S. but was lured to Michigan in part because of new federal tax credits that were part of the Inflation Reduction Act.
Bezos snubbed Musk's SpaceX for huge satellite launch contract, Amazon shareholder says
An Amazon shareholder lawsuit alleges the company snubbed SpaceX for satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk.
FTC allows Amgen to move forward with $27.8 billion Horizon Therapeutics acquisition
The FTC had filed a lawsuit in May seeking to block the acquisition, arguing that the deal would "stifle competition" in the pharmaceutical industry.
Ron Insana cautions against falling for the latest version of the BRICs
The attempt to market BRICs as a global investment play has been an abject failure, Ron Insana says.
Meta's WhatsApp is chasing big businesses in effort to finally capitalize on app's popularity
As Meta tries to justify the $19 billion it paid for WhatsApp almost a decade ago, business messaging is the key.
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