GameStop jumps for a second day, but ends session well off highs as meme enthusiasm starts to fade
The meme stock rally kicked off by "Roaring Kitty" continued for a second day as shares from GameStop, AMC, Blackberry and Koss soared.
CNBC US News
Trump lawyer calls out Michael Cohen TikTok insults in hush money trial cross-examination
Michael Cohen told jurors key details about the alleged awareness and involvement of Donald Trump in hush money payments to a porn star and a Playboy model.
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.
Fat Brands confidentially files to IPO its Twin Peaks and Smokey Bones restaurant chains
Fat Brands and its chair Andy Wiederhorn were criminally indicted for an alleged $47 million bogus loan scheme.
Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows
While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.
Prosecutors ask judge to jail former Trump aide Steve Bannon after he loses appeal
Steven Bannon refused to comply with a subpoena from a House panel probing the Jan. 6 2021 attack on the U.S. Capitol by a mob of Trump supporters.
Wholesale prices rose 0.5% in April, more than expected
The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers' Association in Amsterdam.
People on Novo Nordisk's Wegovy maintain weight loss for up to four years, study says
The results shed light on the long-term effects of Wegovy, and could boost Novo Nordisk's case to insurers and governments to cover the costly drug.
Georgia passes 'Russia-style' law on foreign influence despite U.S. warnings and mass protests
Georgian lawmakers on Tuesday passed a highly controversial "Kremlin-style" law on foreign influence, despite massive protests in the country.
Stellantis to rapidly grow exports of Chinese EVs to Europe, other countries
The announcement comes amid increasing geopolitical tensions surrounding China-made electric vehicles in the U.S., Europe and other regions.
Trump said 'This is a disaster' after hearing Stormy Daniels could go public, Michael Cohen testifies
Michael Cohen could be the pivotal witness against Donald Trump, who is the first former president to go on trial in a criminal case.
Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker
Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.
Apple's new iPad Pro is thin and fast, but the software needs an update
CNBC reviews the new 13-inch iPad Pro 2024. It's super thin and has a fast M4 processor, but the software needs an update.
Watch now: ETF Edge on the future of spot ethereum ETFs
Google and Apple partner to fight location tracker stalking
The move is the latest sign that the two companies are working to address the downside of wireless trackers like Apple's AirTag.
Sen. Menendez bribery trial starts with judge scolding lawyers on 'gamesmanship'
Sen. Robert Menendez, D-N.J., is accused of accepting bribes in the form of cash, gold bars and other gifts in exchange for official acts.
Amazon's Zoox under investigation by NHTSA after two crashes
Two Toyota Highlanders equipped with Zoox's automated self-driving technology braked unexpectedly, causing motorcyclists to rear-end the vehicles.
Inflation outlook rises, fueled by expected increases for housing costs, New York Fed survey shows
On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November 2023.
How new grads can land a job after college, even as employers cut back on class of 2024 hires
Those armed with a newly minted diploma are entering a job market that looks a little less promising than it did a year ago.
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