60% of Americans are living paycheck to paycheck heading into the peak shopping season
The rising cost of living is straining household budgets just as the season of spending kicks into high gear.
CNBC US News
Emoji for expenses, penthouses and slipshod accounting: The most damning details from new FTX CEO's report
A filing from FTX's new CEO reveals a culture of permissiveness and laxity, where expenses were approved with emoji and company funds paid for employee homes.
Here's why Home Depot and Lowe's are booming in a housing market bust
Lowe's and Home Depot are faring well even as the housing market is going through a rough patch.
Nancy Pelosi to step down as House Democratic leader after two decades, with GOP set to take narrow majority
Pelosi's announcement came shortly after Democrats were projected to narrowly lose their House majority to Republicans following the midterm elections.
Binance exec says 'it was like a bomb went off' at FTX, compares Bankman-Fried to Madoff and Elizabeth Holmes
Binance strategy chief Patrick Hillmann said it took two hours of due diligence on FTX to determine his company couldn't save the crypto exchange.
Starbucks union to strike at more than 100 locations on Red Cup Day, one of the chain's busiest days of the year
At the 113 striking locations, the union will be distributing its own version of the reusable red cup.
GM expects EV profits to be comparable to gas vehicles by 2025, years ahead of schedule
General Motors expects its new electric vehicles to be in-line with traditional cars and trucks with internal combustion engines by mid-decade.
Elon Musk says Twitter employees must commit to 'hardcore' culture by 5 p.m. Eastern time
Twitter shared a document overnight with employees, telling them they have to commit to Elon Musk's working demands or resign.
Former SpaceX employees file labor complaints alleging retaliatory firings by Elon Musk's company
Former employees of SpaceX filed federal complaints against the company on Wednesday, alleging Elon Musk's venture illegally fired them.
Rent growth slows to the lowest level in 18 months
Rents in October rose 4.7% compared with October 2021, the slowest annual increase in 18 months, according to Realtor.com.
Google Maps got a big update that shows where fast-charging EV stations are and more
Google Maps was updated with new features, such as the option to find fast-charging EV stations, and, starting next week, a new augmented reality search option.
Nancy Pelosi says she will not seek reelection as House Democratic leader
Pelosi has said that a recent attack on her husband would affect her decision. Kevin McCarthy is the top candidate for speaker in the next Congress.
Finding bright spots in the bitcoin bear market
Despite a tumultuous year for cryptocurrencies and their trading platforms, there remains a bright spot in the space: bitcoin futures ETFs.
Trump tax return fight would be dropped by Republicans vying for key House committee chair
The Republicans vying for chairman of the Ways and Means Committee will drop the effort to obtain former President Donald Trump's tax returns.
FDA says lab-grown meat is safe for human consumption
The FDA cleared Upside Foods to use animal cell culture technology to take living cells from chickens and produce cultured animal cell food.
Average 401(k) balances plunged 23% year-over-year due to market volatility, Fidelity says
Retirement account balances sank for the third quarter in a row, according to Fidelity Investments, the largest 401(k) provider in the U.S.
Amazon is looking to trim head count through a voluntary buyout program
Amazon sent out "voluntary severance" offers to some employees this week as it looks for ways to rein in costs beyond the massive layoffs already announced.
Elon Musk demands Twitter staff commit to 'long hours' or leave: Read the email
Elon Musk gives Twitter employees one day to decide if they want to support him or take three months of severance.
Nvidia revenue falls 17% but data center growth remains strong
Nvidia is closely watched by analysts and investors as a leading indicator for the health of the technology industry.
Fed's Waller says he's open to a half-point rate hike at December meeting
The Fed governor said he's open to reducing the level of interest rate increases to half a percentage point in December.
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