Convertibles drive into the sunset as automakers invest in electric vehicles
Convertibles – once a sign of open-air freedom and summer adventures – are fading away as companies shift to EVs and SUVs.
CNBC US News
Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy
Jeremy Siegel criticized the Fed chair for failing to control inflation and putting American workers at risk.
Pfizer asks FDA to authorize omicron Covid booster shots for kids ages 5 to 11
Pfizer's application to the FDA comes before clinical trial results of the omicron BA.5 booster shots have been published.
How Bryan Lourd became one of the most powerful people in the history of Hollywood
Bryan Lourd has transcended the role of superagent to become a consigliere to media executives and possibly the most powerful person in Hollywood.
SiriusXM reportedly places former quarterback Brett Favre's NFL show on hold
SiriusXM has put Hall of Fame quarterback Brett Favre's NFL show on hold due to his involvement in an alleged welfare-fraud scheme in Mississippi, according to reports.
New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows
The 15% minimum tax would impact around 78 companies, according to 2021 financial data, with Berkshire and Amazon paying the most.
Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled optimism for the Fed's policies to temper inflation.
Here are some active advantages for the long-term ETF investor
Despite this being the best year so far for active management, a recent report found that 51% of large-cap active fund managers are underperforming.
Biden administration awards $1.5 billion to fight opioid crisis
The Biden administration announced Friday it is awarding $1.5 billion in grants to help states, territories and tribal lands combat the opioid crisis.
Tech stocks just had their worst two-week stretch since the start of the pandemic
The Nasdaq Composite has dropped more than 5% in consecutive weeks, dampening enthusiasm around what had been a good start to the third quarter.
Prosecutors recommend against charging GOP Rep. Matt Gaetz in sex trafficking probe, report says
The reported recommendation means the DOJ is unlikely to charge Gaetz with a crime from the probe into his alleged relationship with a 17-year-old girl.
New York AG wrongly said Yankees game on Apple TV+ costs extra — but it's free
Yankees slugger Aaron Judge is striving to break the American League single-season home run record on Friday.
Elon Musk has more than 20 direct reports at Tesla — here are the ones we know about
Musk will need to lean on these deputies as Tesla brings two new factories to full production, and tries to fulfill elusive goals in service and self-driving.
Ford's supply chain problems include blue oval badges for F-Series pickups
The issue is the latest is a yearslong supply chain crisis that has included critical parts such as semiconductor chips, wire harnesses and raw materials.
JetBlue ground operations workers seek union representation
The International Association of Machinists and Aerospace Workers said it would file an application for a union vote for JetBlue's ground workers.
The IPO market went from 'boom to bust' in 2022. Here's what's driving the massive slowdown
The IPO market has fallen off a cliff in 2022 as investors ditched high-flying growth stocks and turn to safer, more profitable alternatives.
Inflation and higher rates are a 'dangerous mix' for consumers already stretched thin, says chief financial analyst
Consumers are feeling the squeeze as borrowing costs jump while inflation remains high.
Moderna asks FDA to authorize omicron Covid boosters for children as young as 6 years old
Moderna has asked the FDA to authorize omicron boosters for adolescents ages 12 to 17-years-old and for kids ages 6 to 11-years-old.
Ron Insana: Fed rate hikes pose a threat of 'breaking' currency markets
As the dollar hits 20-year highs against key foreign currencies, the historic specter of foreign exchange market crises looms large.
Britain pursues 'trickle-down economics' despite scorn from Biden. And the stakes are sky-high
The British government is set to announce sweeping tax cuts for businesses and the wealthy Friday in an overhaul of U.K. economic policy.
Get complete CNBC business news coverage online. Find the latest regional business news pertaining to the United States of America including headlines & top stories available on the official CNBC site.
Subscribe to CNBC US News feed
#channel