U.S. inflation hot spots happen to be pandemic-migration hot spots
The relationship between migration and inflation has strengthened as more people relocate from expensive cities to more affordable areas, according to Redfin.
CNBC US News
Starbucks to hike wages, double training for workers as CEO Schultz tries to head off union push
Starbucks said it will hike wages for tenured workers and double training for new employees as it seeks to beat back the union push from its baristas.
Private payrolls increased by 247,000 in April, well below the estimate, ADP says
Private payrolls increased by just 247,000 for the month, well below the 390,000 Dow Jones estimate.
Miami hosts its first F1 Grand Prix this weekend, and thousands of fans are spending a ton just to be in town
Miami's top hotels, restaurants and night clubs are offering high-priced packages for race-goers.
Weekly mortgage demand rose for the first time since early March last week, but it won't last
Total mortgage application volume rose 2.5% for the week ended April 29 compared with the previous week, according to the MBA's seasonally adjusted index.
Elon Musk says businesses and governments may have to pay to use Twitter
Casual users will continue to be able to use the social media platform for free, the tech billionaire said.
Starbucks suspends its outlook as Covid lockdowns hammer sales in China
It's Howard Schultz's first earnings report since taking back the top job at Starbucks in early April.
AMD sales jump 71%, shrugging off concerns about PC slowdown
AMD reported first-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and revenue.
SEC lays out path to coveted spot-bitcoin ETF, but...
Biden defends abortion rights after leak of Supreme Court draft striking down Roe v. Wade
Biden issued a statement after a report that a draft of of Supreme Court opinion by Justice Samuel Alito indicates the court will overturn Roe v. Wade.
If Supreme Court reverses Roe v. Wade, up to half of U.S. expected to ban or severely restrict abortion
The Supreme Court confirmed the authenticity of a draft opinion that would eliminate the federal right to abortion. But Roe v. Wade remains the law of the land for now.
Paxlovid prescriptions to treat Covid increased tenfold in U.S. since late February, Pfizer says
CEO Albert Bourla said Paxlovid prescriptions in the U.S. increased to 80,000 patients for the week ending April 22, up from 8,000 patients in late February.
Lyft shares plunge on light guidance, continued driver incentives
The company has struggled with driver supply and demand imbalances throughout the pandemic, leading to higher costs or long wait times.
Airbnb beats estimates with 70% revenue growth as travel rebounds
Airbnb said it's seen substantial growth in bookings despite pandemic concerns, "macroeconomic headwinds" and the war in Ukraine.
Trump loses bid to stay New York contempt of court order and avoid $10K daily fine
Donald Trump was found in contempt for failing to comply with a subpoena from Attorney General Letitia James as part of her probe of the Trump Organization.
Water is so low in the Colorado River, feds are holding some back so one dam can keep generating power
The decision will keep more water in Lake Powell, the reservoir located at the Glen Canyon Dam in northern Arizona.
Rocket Lab CEO touts successful helicopter catch of rocket as key toward reusable goals
In making its boosters reusable, Rocket Lab would be able to launch more often while simultaneously decreasing the material cost of each mission.
Match Group names Bernard Kim as CEO, replacing Shar Dubey
Match Group has increased its focus on product innovation in the past few years as dating apps are primed for a revamp.
NASA chief says competition is making space exploration cheaper, in dramatic shift on contracts
Nelson's emphasis on competition likely represents a boon for the growing swath of space companies looking to provide low-cost services to NASA
Expedia stock closes down 14% after analysts cut price targets on mixed earnings
At least eight firms cut their price target on the stock following the report.
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