Fed Chair Powell calls inflation 'frustrating' and sees it running into next year
Fed Chairman Jerome Powell still expects inflation to ease eventually, but said he sees the current pressures running into 2022.
CNBC US News
Salesforce CEO Marc Benioff says 'we're not all going back' to the office
Salesforce's Marc Benioff said Tuesday that he hears from other CEOs who want their employees back on-site.
A flippant Elon Musk takes shots at Biden, the SEC and anti-nuclear sentiment
The Tesla and SpaceX CEO was in typically irreverent form at the Code conference on Tuesday in Beverly Hills, California.
Mortgage demand falls as rates rise to highest level since July
Higher rates caused mortgage demand to drop for refinances and home purchases.
Mayor of Kabul warns, ‘We have millions of people who are at the verge of famine and hunger’
Mayor of Kabul, Mohammad Daoud Sultanzoy, discusses the state of Afghanistan nearly one month after the U.S. withdrew from the country.
House passes debt ceiling suspension that is doomed in the Senate
The House passed a debt ceiling suspension, but Senate Republicans will reject it as the default deadline approaches.
Judge suspends Britney Spears' father from her conservatorship
James Spears has been suspended as pop star Britney Spears' conservator, a judge ruled Wednesday.
U.S. Olympic swimmer Klete Keller pleads guilty in Jan. 6 Trump Capitol riot case
Klete Keller, who won gold medals at two Olympics, is one of hundreds of supporters of Donald Trump charged in connection with the Capitol riot.
Majority of restaurant operators say business conditions are worse now than three months ago, survey finds
The restaurant industry trade group is asking lawmakers to replenish the Restaurant Revitalization Fund amid continued fallout from Covid-19.
FAA clears Virgin Galactic after completing investigation of Branson's spaceflight, stock jumps 10%
The FAA cleared Virgin Galactic to return to flight on Wednesday after completing a mishap investigation into the spaceflight that carried Sir Richard Branson.
Apple's latest iPhone update lets you copy and paste text from photos — here's how
For example, users can take a photo of a page in a book and then grab that text and put it into a document or a note.
10-year Treasury yield falls slightly as bond sell-off eases
The 10-year U.S. Treasury yield retreated on Wednesday, taking a pause in its rapid run that has unnerved financial markets.
Evolent Health stock jumps after report of possible Walgreens takeover
Evolent Health's stock jumped as much as 18% in afternoon trading Wednesday after Bloomberg reported that Walgreens was considering buying the company.
Elon Musk throws another dig at Jeff Bezos' approach to space: 'You cannot sue your way to the moon'
Elon Musk on Tuesday repeated prior criticisms of fellow space mogul Jeff Bezos, as their companies continue to battle in federal court and before regulators.
Jeep unveils first-ever Grand Cherokee plug-in electric SUV
The new 2022 Grand Cherokee 4xe has an estimated 25 miles of all-electric range before switching to a four-cylinder turbocharged engine to power the vehicle.
Senate bill that would end ETF tax breaks is 'just bad policy,' CEO says
Some 12 million Americans with a median income of $125,000 could be affected by the proposed change to the tax code, ICI CEO Eric Pan warns.
Pfizer board member Gottlieb says Covid vaccine approval for young kids by Halloween is still possible
"I wouldn't foreclose the possibility that this could be out in October," the former FDA commissioner said.
YouTube bans high-profile anti-vaccine accounts, says it will block all vaccine misinformation
Joseph Mercola, Erin Elizabeth, Sherri Tenpenny and the Children's Health Defense Fund, associated with Robert F. Kennedy Jr., will be blocked from posting.
Nearly 600 United Airlines employees face termination for failing to comply with vaccine mandate
United earlier this month said staff to whom it grants religious or medical exemptions from its vaccine mandate will be placed on temporary unpaid leave.
10-year yield continues rapid climb, hits the highest since June
The 10-year U.S. Treasury yield topped 1.56% on Tuesday, its highest point since June, amid concerns around persisting inflation.
Get complete CNBC business news coverage online. Find the latest regional business news pertaining to the United States of America including headlines & top stories available on the official CNBC site.
Subscribe to CNBC US News feed
#channel