Weekly jobless claims higher than expected despite signs of labor market improvement
First-time claims for unemployment benefits totaled 719,000 last week, higher than the 675,000 Dow Jones estimate and the previous week’s 658,000.
CNBC US News
Stocks making the biggest moves in the premarket: J&J, Emergent BioSolutions, Micron Technology & more
The stocks making the biggest moves in premarket trading include J&J, Emergent BioSolutions, Micron Technology, and more.
'Crazy Rich Asians' director Jon M. Chu on Asian representation in Hollywood: 'I think the doors are opening now'
Jon M. Chu discusses the barriers Asian-American directors face in Hollywood and how the door for representation is opening wider.
Archegos fallout exposes risks from less regulated family offices, says former SEC counsel
Family offices "can pretty much do anything they want because there's just not a lot of oversight," said Thomas Gorman, partner at Dorsey & Whitney LLP.
Convincing skittish parents to vaccinate their children will be key to curbing Covid, says Dr. Hotez
Dr. Hotez explains why it will be important for the U.S. to launch a successful communications campaign when it comes to parents vaccinating their children.
Elon Musk tapped to join board of Endeavor Group, owner of UFC and Miss Universe contest
Entertainment holding company Endeavor Group has filed for an IPO and plans to add Elon Musk as a new director.
WHO warns of a rise in Covid cases and deaths: ‘We’re all struggling’
Covid-19 cases climbed by 14% across the globe last week — the sixth-consecutive weekly increase — and deaths jumped for the third week in a row, WHO said.
U.S. begins testing Moderna's Covid vaccine booster shots for variant from South Africa
The phase one trial will test how safe and effective the new shot is against the variant — known as B.1.351 — in roughly 210 healthy adults.
Ford slashes vehicle production at six plants in North America due to chip shortage
Ford's actions vary py plant but range from shift cancellations to plants being closed for several weeks from April through June.
Treasury Secretary Yellen to restart hedge fund oversight panel as part of financial reform goals
Yellen laid out a three-pronged agenda on Wednesday to address what she described as ongoing threats to the nation's financial system.
Georgia Gov. Brian Kemp dismisses corporate backlash over election law
Kemp signed a sweeping GOP-backed election bill into law last week that civil rights advocates say disproportionately hurts voters of color in Georgia.
Starbucks strikes deal with EEOC over alleged racial bias in promoting employees
Starbucks said it has resolved allegations from the Equal Employment Opportunity Commission about alleged racial bias in its employee promotions.
Sen. Mitch McConnell slams tax hikes in Biden's $2 trillion infrastructure bill, says he is unlikely to support it
McConnell also said that Biden called him Tuesday to brief him about the $2 trillion infrastructure proposal.
Here’s how Biden’s $2 trillion infrastructure plan addresses climate change
If signed into law, Biden's infrastructure plan would rank as one of the largest federal efforts ever to curb U.S. greenhouse gas emissions.
Biden aims to narrow racial inequities as part of his infrastructure and jobs programs
Biden's more than $2 trillion infrastructure and economic recovery plan aims to curb racial inequities in housing, transportation and jobs.
NY prosecutors subpoena Trump Organization exec's bank records in criminal probe, report says
Prosecutors have reportedly zeroed in on Trump Organization CFO Allen Weisselberg in an apparent effort to get him to cooperate with their probe.
'There is no middle ground' — Black CEOs urge companies to oppose restrictive voting laws
"Corporations have to stand up. There is no middle ground," former American Express CEO Ken Chenault told CNBC.
Delta CEO blasts Georgia voting law as 'unacceptable' and 'based on a lie' after backlash
Delta Air Lines' CEO Ed Bastian condemned a controversial Georgia voting law after a backlash on social media.
Biden targets global corporations to fund landmark infrastructure plan
Biden's plan would bump the corporate tax rate to 28% from 21% and make it less attractive for companies to offshore profits and jobs.
GM CFO 'increasingly confident' in achieving 2021 earnings targets despite chip shortage
GM expects the chip shortage to cut $1.5 billion to $2.5 billion from its free cash flow in 2021.
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