Icebergs float in the Baffin Bay near Pituffik, Greenland on July 15, 2022 as captured from the ground during a NASA mission along with University of Texas scientists to measure melting Arctic sea ice...
Tag: business news
Where Amazon is heading in health after the Amazon Care failure
In this photo illustration, the Amazon Basic Care logo is displayed on a smartphone with an Amazon logo in the background. Thiago Prudêncio | SOPA Images | Lightrocket | Getty Images Chalk up another ...
Honda, LG Energy Solution to build $4.4 billion battery plant in U.S.
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wrig...
How to blog about travel? How to host a tv show about travel?
From waiting tables to living in a basement apartment, three travel hosts tell CNBC about how they got to where they are. Here are their stories. Samantha Brown Job: Emmy-award winning TV host of R...
Panera Bread tests artificial intelligence technology in drive-thru lanes
A Panera Bread location in Spring Hill, Florida. Jeff Greenberg | Universal Images Group | Getty Images Starting Monday, drive-thru customers at two Panera Bread locations in upstate New York will hav...
Usually the worst month for stocks, this September could buck trends
Westend61 | Westend61 | Getty Images September has historically been the worst month for stocks. To that point, just two months have delivered an average negative return for stocks since 1945, accordi...
Fannie Mae says fixed mortgage rates could fall to 4.5% next year
The Good Brigade | Digitalvision | Getty Images Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prosp...
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors of the Federal Reserve, and Jerome Powell, chair of...
Stocks making biggest midday moves: Netflix, Bristol-Myers and more
The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Catalent Inc. – Shares...
Bitcoin drops below $20,000 to lowest level since mid-July as investors dump risk assets
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Bitcoi...
Catalent, Pinduoduo, Netflix and others
Check out the companies making headlines before the bell: Catalent (CTLT) – The drug delivery and manufacturing technology company beat bottom line estimates for its latest quarter. However, its reven...
U.S. delisting risk for Chinese ADR stocks halves after deal
The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday both sides signed an agreement for cooperation on inspecting the audit work papers of U.S...
What you should know about SLS, Orion
NASA plans to launch the Artemis I mission on Monday from Kennedy Space Center in Florida, sending the Space Launch System (SLS) rocket and Orion capsule on a more than month-long journey around the m...
Breakfast sales hold steady as people heading back to offices cut back elsewhere
Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work. Overall traffic to restaurants fell 2% in ...
How the U.S. government can keep household debt in check
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than 10% of hou...
CDC cautiously optimistic outbreak might be slowing
The Centers for Disease Control and Prevention is cautiously optimistic that the U.S. is slowing the spread of monkeypox as new cases fall in several major cities. “We’re watching this wit...
Affirm, Electronic Arts, Dell, Seagen and more
Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Images Electronic Arts (EA) signage i...
13 states may hit borrowers with state tax liability on forgiven student loans
President Joe Biden‘s student loan forgiveness plan will soon cancel debt for millions of Americans — and the relief is tax-free on federal returns. However, experts say the cancellation may sti...
Why the U.S. military faces a growing recruiting crisis
The U.S. military faces a growing recruiting shortfall — one so large that legislators are getting concerned. “The Army has to recognize that there’s been an evolution in that young popula...
HBO renews ‘House of the Dragon’ after 20 million watch first episode
“Game of Thrones” prequel series “House of the Dragon” has been renewed for a second season, HBO said Friday. The announcement comes after more than 20 million people have now ...
Scammers leverage student loan forgiveness, FTC says. Here’s how to protect yourself
President Biden this week announced a long-awaited plan to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims, the Federal ...
Indian health advisory for rare virus infecting children
Tomato flu — so called due to the painful red blisters it produces — has so far been detected in more than 100 children across three states since the first case was reported on May 6. Hindustan Times ...
Audi confirms Formula 1 entry from 2026 as sport welcomes Volkswagen brand
The luxury brand is expected to have a tie-up with Sauber, although have only announced they are manufacturing engines from 2026 so far. Florian Gaertner | Photothek | Getty Images Audi has confirmed ...
Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers a speech at the central bank’s ...
Powell warns of ‘some pain’ ahead as Fed fights to lower inflation
Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause &#...
Electronic Arts, Gap, Ulta Beauty and more
Check out the companies making headlines before the bell: Electronic Arts (EA) – The video game company’s stock jumped 6.2% in the premarket on a Swedish media report that Amazon.com (AMZN) will...
Japan is pivoting to more nuclear power — the IEA says it’s good news
This image, from March 2022, shows wind turbines in front of the Hamaoka Nuclear Power Station in Japan. The country is now planning to use more nuclear power in the years ahead. Korekore | Istock | G...
How to find cheap hotel rooms? Survey compares popular website rates
Many travelers try to save money by searching the internet for cheaper hotel rates. But a new study suggests it may not be worth the time — at least in some places. The travel insurance comparison sit...
I prefer McDonald’s over KFC parent Yum Brands
Verizon: “I’m not crazy about it. It does yield 5.85%. They have the ability to raise the dividend, but I think over time it’s a wasting asset. If it does jump to like $45 or $46, I ...