10-year Treasury yield rises back to highest level in more than three years
The benchmark 10-year U.S. Treasury yield rose back to its highest point since late 2018 on Thursday as traders continued to assess rising inflation.
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Amazon CEO Andy Jassy says costs from pandemic, inflation and war are too high for company to absorb
Amazon on Wednesday added a 5% fuel and inflation surcharge to fees it charges U.S. third-party sellers who use its storage and shipping services.
Starbucks is weighing better benefits for employees but says they could exclude union workers
Just days into his new tenure, Howard Schultz has already been waging a more aggressive campaign against the union than previous CEO Kevin Johnson.
Cramer: Twitter's board has 'no choice' but to reject Elon Musk's offer
Cramer also warned of potential "personal liability" if the board accepts Musk's offer, which would value the company around $43 billion.
Solving student-debt crisis requires a ‘New Deal moment,’ former education secretary under Obama says
It's time to "correct the policy mistakes of the last 40 years," says John B. King Jr., who served as education secretary under former President Obama.
Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high
Retail sales were expected to increase 0.6% in March, according to Dow Jones estimates.
Andy Jassy says he doesn't own bitcoin, says Amazon could one day sell NFTs
Jassy said he remains interested in the future of cryptocurrencies and nonfungible tokens, or NFTs.
Amazon CEO Jassy just released his first annual shareholder letter since taking over from Bezos
Amazon CEO Andy Jassy on Thursday published his first annual shareholder letter since taking over the helm from founder Jeff Bezos last year.
Twitter's CEO warned of distractions days before Musk offered to buy the company
Agrawal's warning followed Musk's reversal of his decision to join the Twitter board after acquiring a roughly 9% stake in the business.
How companies like Amazon, Nike and FedEx avoid paying federal taxes
The U.S. tax code allows some of the biggest company names in the country to not pay any federal corporate income taxes, costing the government billions.
Biden administration extends transportation mask mandate for 15 more days
The U.S. has repeatedly extended the mask mandate during the pandemic.
Kia unveils redesigned Niro EV and updated Telluride SUV
Kia on Wednesday unveiled its new lineup of Niro hybrid and EV crossovers as well as updates to its extremely popular Telluride SUV.
California unveils proposal to ban new gas-fueled cars by 2035
The proposal, if enacted by the California Air Resources Board, would require 35% of new passenger vehicle sales to be powered by batteries or hydrogen by 2026.
Amazon slaps U.S. sellers with 5% fuel and inflation surcharge
Amazon said Wednesday it's adding a 5% fuel and inflation surcharge to U.S. sellers who use its fulfillment services.
Trump White House aide Mark Meadows removed from North Carolina voter rolls amid fraud investigation
Mark Meadows backed claims by Donald Trump that ballot fraud lead to his loss to President Joe Biden. Now Meadows is being probed for possible voter fraud.
Fed's Waller sees likelihood of multiple half-point interest rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal, Fed board member Christopher Waller said Wednesday.
Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs
Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels.
Treasury yields fall as traders assess latest batch of U.S. inflation data
U.S. Treasury yields fell on Wednesday as investors assessed more inflation data.
Uninsured face surprise medical bills for Covid testing, hospital treatment after U.S. Congress fails to fund pandemic aid program
Jennifer Tolbert, an expert at KFF, said the uninsured will likely faced reduced testing, treatment and vaccine services.
Biden’s approval falls to new low amid economic pessimism, inflation woes, CNBC survey finds
President Joe Biden’s approval rating touched a new low of 38%, according to the CNBC All-America Survey.
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