Bank accidentally deposits $176 million into people's accounts on Christmas Day
Thousands of people got a surprise present on Christmas Day this year when a bank accidentally deposited £130 million across 75,000 transactions.
CNBC US News
'This is a crisis of the Kremlin's making': Biden and Putin speak as tensions mount over Ukraine
The Biden-Putin call comes as Ukraine has warned for months that thousands of Russian troops were massing along its eastern border.
JetBlue cuts hundreds of January flights due to omicron surge as travel disruptions worsen
JetBlue is trimming its schedule ahead of the further spread of omicron.
U.S. 10-year Treasury yield falls but holds above 1.5%
The U.S. 10-year Treasury yield moved marginally lower Thursday but held above the 1.5% threshold.
WHO warns new Covid variants could emerge that are fully resistant to vaccines as pandemic drags on
Reactionary political movements fostered vaccine inequity and "created the ideal conditions for the emergence of new variants," WHO's leader said.
WHO says omicron has not spread widely among the vulnerable yet, still too early to determine severity
WHO officials said it is still not clear how omicron will affect people who are older, have underlying conditions and are not vaccinated.
Weekly jobless claims total 198,000, less than expected and around 52-year low
Jobless claims for the week ended Dec. 25 totaled 198,000, less than the 205,000 Dow Jones forecast and a dip of 8,000 from the previous period.
Economists warn of inflation inequality as poor get slammed by rising prices
The coronavirus pandemic has led to a new era of inflation inequality, economists warn, in which poor households bear the brunt of rising prices.
Biden advisor's brother plans to lobby for Taiwan company that developed Covid-19 vaccine
Jeff Ricchetti was hired to lobby for biopharmaceutical firm Medigen, which has developed a Covid-19 vaccine.
U.S. Covid cases rise to pandemic high as delta and omicron circulate at same time
U.S. Covid cases are at a record seven-day average of more than 265,000 per day as of Tuesday as the delta and omicron variants circulate simultaneously.
Fauci predicts omicron Covid wave will peak in U.S. by end of January
"It's tough to say," said Fauci, President Joe Biden's top medical aide, when asked on CNBC's "Closing Bell" when the omicron-fueled surge will start to recede.
U.S. 10-year Treasury yield rises above 1.5%
U.S. Treasury yields rose Wednesday as investors continue to monitor developments on the omicron Covid variant.
Fauci says all indications suggest omicron is less severe than delta, but warns against complacency
"All indications point to a lesser severity of omicron versus delta," said Fauci, President Joe Biden's top health advisor, of the early Covid variant data.
Biden to speak to Putin on Thursday as Russia builds up military presence on Ukraine border
President Joe Biden and Russia's Vladimir Putin will speak as Russia continues a military buildup at its border with Ukraine.
Jimmy Cayne, who led Bear Stearns through its rise and fall, has died
Former Bear Stearns CEO Jimmy Cayne died Tuesday, days after suffering a stroke, according to published reports.
Fauci warns against large New Year's Eve parties as Covid cases hit pandemic high
Fauci said small gatherings with family and close friends are low risk if everyone at the gathering is vaccinated and boosted.
Apple ditched Intel, and it paid off
Apple proved in 2021 that its decision to ditch Intel last year has been a huge success, helping to reinvigorate sales of Apple's computers.
Amazon's Alexa assistant told a child to do a potentially lethal challenge
Alexa is not designed to endanger human lives but that's exactly what it did when it told a 10-year-old girl to touch a live electrical plug with a penny.
More Americans took on holiday debt this season, owing an average $1,249
Despite omicron fears and higher prices, holiday shoppers shelled out big bucks this season on gifts, travel and entertainment.
More than half of U.S. states will raise their minimum wage in 2022, but employers are hiking pay faster
Twenty-six U.S. states will raise their minimum wage in 2022. Activists have pushed for $15 an hour, but some are setting their sights on an $18-per-hour rate.
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