FDA pulls Evusheld because it’s not effective against subvariants

Evusheld (tixagevimab and cilgavimab) injection, a new COVID-19 treatment that people can take before becoming symptomatic. (Chris Sweda/Chicago Tribune/Tribune News Service via Getty Images) Chris Sw...

FDA advisors recommend using Covid omicron shots for all doses

The Food and Drug Administration’s independent advisory committee on Thursday recommended replacing Pfizer and Moderna’s original Covid vaccine used in the U.S. for everyone’s first ...

Fair Tax Combines Flawed Policy With Terrible Politics

The United States Capitol building getty Congressional Republicans shouldn’t surprised they’re under attack now that the Fair Tax, a proposal to replace the federal income tax with a 30% national sale...

Opinion: Central banks are buying gold at the fastest rate in half a century

Here’s another reason why it may not be completely insane to add some gold bullion to your 401(k) or retirement account. Central banks are stocking up. Three economists—Serkan Arslanalp and Chima Simp...

DOT is probing whether Southwest’s schedules were ‘unrealistic’ during holiday meltdown

A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images The Transportation Department said W...

Southwest CEO maps out a recovery after holiday meltdown

Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Bal...

Biden restores protections for Alaska’s Tongass National Forest

Part of Tongass National Forest Urbanglimpses | Istock | Getty Images The Biden administration on Wednesday announced it’s reinstating restrictions on logging and road-building on about nine mil...

GenBioPro sues West Virginia, argues FDA preempts ban

Abortion pill manufacturer GenBioPro on Wednesday sued to overturn West Virginia’s ban on abortion because it restricts access to a medication approved by the Food and Drug Administration. The l...

Senators slam Live Nation over Ticketmaster’s dominance

The Senate Judiciary Committee slammed concert giant Live Nation on Tuesday, calling on activists and artists to speak to competition in the ticketing industry following a botched sale of Taylor Swift...

Boeing (BA) earnings Q4 2022

Boeing posted a $663 million loss for the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue. Airlines and aircraft manuf...

FDA proposes new lead limits for baby food

Jgi/jamie Grill | Tetra Images | Getty Images The Food and Drug Administration proposed new limits Tuesday on lead in baby food, in an effort to reduce exposure to a toxin that can impair childhood de...

FDA says most people probably need only one annual vaccine shot

Justin Sullivan | Getty Images The Food and Drug Administration has laid out a road map for what Covid-19 vaccination may look like moving forward. In a briefing document published Monday, the FDA sai...

Biden makes surprise video appearance on ‘SNL,’ joining host Aubrey Plaza

U.S. President Joe Biden speaks during the National Association of Counties Legislative Conference in Washington, D.C., U.S., February 15, 2022. Joshua Roberts | Reuters President Joe Biden made a sur...

Powell Says the Fed Isn’t a ‘Climate Policy Maker.’ What That Really Means.

Text size Federal Reserve Chairman Jerome Powell said the Fed is not “and will not be, a ‘climate policy maker.’” Kevin Dietsch/Getty Images About the authors: David Arkush is director of Public Citiz...

Debt-Ceiling Crisis: What Could Happen, According to History

The White House and Congress are locked in a standoff, once again, over whether to raise the debt ceiling—the legislative limit on the total amount of money the federal government is authorized to bor...

The Meme Stock Frenzy Is Back. A Brokerage Chairman Says They’re ‘Horrendous.’

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Supreme Court justices questioned in abortion leak probe

Anti-abortion demonstrators take part in the annual “March for Life” for the first time since the U.S. Supreme Court overturned Roe v Wade abortion decision, in Washington, January 20, 202...

Trump and lawyer Habba fined $1 million over ‘frivolous’ suit against Hillary Clinton

NEW YORK (AP) — A Florida judge sanctioned former President Donald Trump and one of his attorneys, ordering them to pay nearly $1 million for filing what he said was a bogus lawsuit against Trump’s 20...

Philip Esformes, whose prison sentence Trump commuted, loses appeal

Philanthropist Philip Esformes attends the 15th annual Harold & Carole Pump Foundation gala at the Hyatt Regency Century Plaza on August 7, 2015 in Century City, California. Tiffany Rose | Getty I...

Elon Musk Fires Back at a Top Executive

Elon Musk is unpredictable.  Few would anticipate the actions and reactions of the serial and whimsical entrepreneur.  Take the latest example: On Jan. 13 the electric-vehicle-market leader Tesla  (TS...

Trump drops lawsuit against New York Attorney General James

Former President Donald Trump stands on the 18th green during the Pro-Am tournament before the LIV Golf series at Trump National Doral, Oct. 27, 2022. Jasen Vinlove | USA Today Sports | Reuters Former...

One of the UK’s largest unions announces 10 more days of strikes

COVENTRY, U.K. – Dec. 21, 2022: Unite union general secretary Sharon Graham (centre), joins ambulance workers on the picket line outside ambulance headquarters in Coventry. On Friday, Jan. 20, U...

FAA contractor unintentionally deleted files before outage that disrupted flights

An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Ima...

China’s reopening ‘good news’ for growth — but could be inflationary, economists warn at Davos

China’s reopening has been one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — China’s economic reopening might...

IMF’s Georgieva and ECB’s Lagarde discuss the future of global growth at Davos

[The stream is slated to start at 5 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Geoff Cutmore, top business leaders and policymakers disc...

The 1980s was the blueprint for the upcoming disinflation cycle and these are the stocks for it, strategists say

Stocks logged a third-straight losing session on Thursday as investors continue to deal with a mixed bag of economic data. That followed Wednesday’s session and extremely weak industrial production th...

Top business leaders and policymakers discuss monetary policy at the World Economic Forum

[The stream is slated to start at 3 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Joumanna Bercetche, top business leaders and policymakers...

The Window to Capture a $7,500 Electric-Vehicle Tax Credit May Be Closing. How to Snag It.

Americans are flocking to electric vehicles, pushing sales up 127% over the past two years. To sweeten the deal, the federal government is offering a tax credit of up to $7,500 for EVs and other “clea...

Novartis CEO says Covid to become endemic, calls for better pandemic preparedness

Novartis said in August that it plans to spin off its generics unit Sandoz to sharpen its focus on its patented prescription medicines. Bloomberg | Bloomberg | Getty Images The chief executive of Swis...

Greta Thunberg and other climate activists discuss the energy transition at Davos

[The stream is slated to start at 5:15 a.m. ET. Please refresh the page if you do not see a player above at that time.] Alongside IEA Executive Director Fatih Birol, activist Greta Thunberg is taking ...

Davos elites see a major risk ahead for markets with looming U.S. debt standoff

DAVOS, Switzerland – The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the economy in 2023 — but at least one major risk looms for markets, th...

Floods engulf Philippines as president declares ‘state of calamity’

Members of the Philippine Coast Guard wade through floods during a rescue operation, in Isabela City, Basilan province, Philippines, January 11, 2023. Philippine Coast Guard | via Reuters The Philippi...