Nearly 1 in 3 adults get financial support from the bank of mom and dad post-Covid
During the pandemic, many young adults saw their parents as a financial safety net.
CNBC US News
From 'adults giggling' to utopia: How GM's Corvette team describes the new Z06
In their own words, here's what Corvette team members had to say about the new Z06 and what being part of GM's most iconic franchise.
U.S. Covid cases fall to less than half of peak delta levels as country approaches holiday season
U.S. Covid cases have fallen to less than half of the pandemic’s latest peak level, a sign that the country may be moving past the delta wave.
Biden to discuss intensifying supply chain challenges with G-20 leaders
Biden will convene a supply chain meeting with world leaders while in Rome in hopes of alleviating pressure points in the global trading system.
What’s at stake at the COP26 climate summit? Here’s a guide to the make-or-break issues
The major climate event, known as COP26, will take place in Glasgow, Scotland from Sunday through to Nov. 12.
Shares of EV start-up Lucid surge as much as 47% after confirming deliveries of its first car
Lucid's stock hit $39.78 a share – its highest point since the company went public through a SPAC deal on July 26 – before retreating Thursday afternoon.
The Facebook name was such a drag that employees referred to it as a 'brand tax'
"Brand tax" is the term Facebook employees have used to refer to the negative impact Facebook has on its other brands.
Amazon reveals 20% stake in electric-vehicle maker Rivian
Amazon holds a 20% stake in electric-vehicle maker Rivian Automotive, the e-commerce giant disclosed in a securities filing Friday.
FDA authorizes Pfizer's Covid vaccine for kids ages 5 to 11, shots could begin early next week with CDC clearance
Covid shots could be available to 28 million kids in the U.S. as early as next week.
Zendesk shares plunge on company's agreement to buy Momentive for about $4 billion in stock
Shares of cloud software developer Zendesk plummeted after the company said it would spend almost one-third of its market cap to acquire Momentive.
10-year Treasury yield dips as bond market volatility continues
The 10-year U.S. Treasury yield climbed back above 1.6% on Friday morning, ahead of the release of inflation and spending data.
Spot bitcoin ETF unlikely to arrive until at least mid-2022, Valkyrie Funds CIO says
The firm that launched the second-ever bitcoin futures ETF says investors shouldn't hold their breath for a physical bitcoin ETF.
Bill Ackman calls for the Fed to start raising interest rates 'as soon as possible'
Billionaire hedge fund manager Bill Ackman called for the Fed to begin reining in the support it has provided for the U.S. economy.
Apple says it competes with PlayStation, Xbox, and Nintendo in sign of gaming importance
Previously, Apple only said it competed against Google's Android in smartphones and Microsoft Windows in PCs for the attention of software developers.
Former NY Gov. Cuomo charged with sex crime, months after resigning amid harassment probe
A damning report issued by New York Attorney General's office found Andrew Cuomo sexually harassed at least 11 current and former staffers as governor.
Capitol cop Michael Riley resigns weeks after arrest on charges of cover-up of Jan. 6 riot Facebook messages
Lawyers for a Capitol police officer accused of covering up another man's role in the Jan. 6 riot by Trump supporters said he behaved heroically that day.
Starbucks CEO defends wage hikes as stock falls 7% on coffee chain's weak earnings outlook
Starbucks CEO Kevin Johnson defended the coffee chain's plans to hike wages for baristas, saying that the move will help the company gain market share.
New York Attorney General Letitia James says she's running for governor
New York Gov. Andrew Cuomo resigned after a probe overseen by Attorney General Letitia James. She also has led a an investigation of the Trump Organization.
The Supreme Court is set to hear arguments in major cases on abortion and guns. Here's what to know
Abortion and guns are front and center as the Supreme Court heads back to the bench to hear oral arguments in some of the term's highest-profile cases.
Space company Terran Orbital to go public via SPAC at $1.8 billion valuation
Small satellite builder Terran Orbital is preparing to go public, making it the latest in a flurry of space companies to announce a SPAC merger this year.
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