Here's what the Federal Reserve's back-to-back 75-basis point interest rate hikes mean for you
The Fed raised interest rates by another three-quarters of a point. Here's how that affects borrowers and savers now and down the road.
CNBC US News
President Biden tests negative for Covid and ends his strict quarantine
President Joe Biden tested negative for Covid twice this week and returned to work in the Oval Office after five days of isolation.
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 on June 15.
Senate passes bill to boost U.S. chip production and China competition, sending to House
The CHIPS-plus bill includes more than $52 billion in funding for U.S. companies producing computer chips, among other provisions.
Boeing sticks to 2022 cash flow forecast, prepares for Dreamliner deliveries to resume
Boeing and Airbus has benefitted from a rebound in travel but supply chain and labor constraints are hindering output.
Watch live: Biden speaks about his negative Covid test and the broader pandemic effort
President Joe Biden comments on his experience with Covid, his recent negative test and the broader nationwide pandemic response.
The space economy grew at fastest rate in years to $469 billion in 2021, report says
The global space economy grew last year at the fastest annual rate since 2014, according to a report by the Space Foundation.
Facebook parent Meta raises price of its Quest 2 VR headset by $100
Meta is asking consumers to pay more for its headsets as the company pushes its business towards the metaverse.
The Mega Millions jackpot has now surged to $1.02 billion. Here's the tax bill if you win
With no ticket matching all six numbers drawn Tuesday, the jackpot has passed the $1 billion mark for Friday night's drawing.
Boeing takes additional charge for Starliner astronaut capsule, bringing cost overruns to near $700 million
Boeing disclosed a charge of $93 million in the second quarter for its Starliner astronaut capsule program.
Scientists identify likely cause of mysterious children's liver disease
Scientists in the U.K. say they have identified the likely cause of a recent outbreak of mysterious liver disease afflicting young children around the world.
Mortgage demand declines further, even as interest rates drop a bit
Mortgage demand continues to drop, even though interest rates have come down slightly from recent highs.
Microsoft misses estimates but stock up 5% on rosy guidance
Microsoft said it would have had more revenue in the quarter were it not for unfavorable foreign-exchange rates and tougher PC and advertising markets.
Shopify stock sinks 14% after company says it will lay off 10% of workers
In a memo to staff, Shopify CEO Tobi Lutke acknowledged he had misjudged how long the pandemic-driven e-commerce boom would last.
WWE at crossroads as Vince McMahon's retirement and scandals heighten sale speculation
WWE can either move forward with sale discussions or take the business in new creative directions as Vince McMahon retires from his executive roles.
Bill to boost U.S. chip production and competition with China clears key Senate hurdle
The CHIPS-plus bill includes roughly $52 billion in funding for U.S. companies producing computer chips, among other provisions.
Apple's earnings will give a peek into the mindset of the high-end consumer
This year analysts and investors will be closely watching Apple's earnings because the company could be affected by many different macroeconomic conditions.
Chipotle price hikes drive profit growth – and the chain says more increases are coming
Chipotle shares have fallen 25% this year, dragging its market value down to $37.16 billion.
Here's how to know if we're in a recession, and it's not what you think
Officially, the NBER defines recession as "a significant decline in economic activity that is spread across the economy and lasts more than a few months."
Twitter says it significantly slowed hiring during the second quarter
Twitter said on Tuesday that the company "significantly slowed hiring" in the second quarter.
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