Hertz shares surge by more than 50% after selecting $6 billion turnaround bid
Shares of Hertz skyrocketed by as much as 68% after it selected a $6 billion turnaround bid that provides a rare payout to shareholders.
CNBC US News
April's inflation surge wasn't as drastic as it looked, but the real test is still ahead
There was probably less than met the eye from the startling inflation pop in April.
Investors are worried about inflation data, but economists see it as a sign of temporary growth
The recent pickup in inflation may, in fact, be a temporary — and welcome — change for those who fear a slowdown in U.S. GDP.
House GOP expels Liz Cheney from leadership as she vows to continue fight against Trump
Liz Cheney, who was the No. 3 Republican in the House, has repeatedly bashed Trump for spreading the lie that the 2020 election was rigged against him.
Top U.S. and Russian diplomats will meet next week in Iceland
The meeting represents the highest-level in-person talks between Washington and Moscow since President Joe Biden took office.
10-year Treasury yield jumps to one-month high after hotter-than-expected inflation report
U.S. Treasury yields rose on Wednesday following the release of the consumer price index for April.
Household debt climbs to $14.64 trillion, due to jump in mortgages and car loans
Total household debt balances rose by $85 billion in the first quarter, a 0.6% increase that brought the total level to $14.64 trillion.
Amazon releases new images of HQ2 as it ramps up hiring in Virginia
The plans include a "forest plaza" at the foot of HQ2's centerpiece, a 350-foot-tall tower dubbed "The Helix."
Senate committee advances Big Tech critic Lina Khan's nomination to the FTC
The nomination of tech critic Lina Khan to the Federal Trade Commission will now move to a full Senate vote.
U.S. vaccination pace improves, averaging 2.2 million shots per day with an increase in first doses
The U.S. is reporting 2.2 million vaccinations per day in the past week, up slightly from the most recent low point on Saturday when it dipped below 2 million.
Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008
The Consumer Price Index rise for April from a year earlier was the sharpest since September 2008.
Volkswagen plans self-driving electric microbus with Argo AI by 2025
Volkswagen is planning to bring to market by 2025 a version of its upcoming microbus, a retro-styled electric van, that can drive itself.
Here's why the world could be facing a massive sand crisis
The world could be facing a shortage of an underappreciated yet crucial commodity in the years ahead: sand.
Five things to know before CDC panel votes on Pfizer's vaccine for use in adolescents
States could begin administering shots in adolescents on Thursday, pending an endorsement from the CDC's Advisory Committee on Immunization Practices.
Watch live: CDC panel to vote on Pfizer’s vaccine for use in adolescents
States could begin administering shots in adolescents on Thursday, pending an endorsement from the CDC’s advisory panel.
Senate Intel chairman calls for mandatory reporting of hacks after Colonial Pipeline attack
Sen. Mark Warner is calling for legislation that would require private companies to report cyberattacks to the government.
Democrats take first step to advance election reform bill that faces long odds of Senate passage
The Senate version of the For the People Act, an election reform bill Democrats say will combat restrictive voting laws, faces long odds of passage.
Stocks making the biggest moves in the premarket: Wendy's, fuboTV, Vizio, Lemonade & more
The stocks making the biggest moves in premarket trading include Wendy's, fuboTV, Vizio, Lemonade, and more.
Facebook has been told to stop processing German WhatsApp data
A Hamburg privacy regulator has issued an injunction that prevents Facebook from processing personal data from WhatsApp.
Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more
The stocks making the biggest moves in premarket trading include Virgin Galactic, Callaway Golf, Palantir, and more.
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