Consumers are feeling gloomy about the economy. Here’s why they’re spending anyway
Shoppers carry Macy's bags outside of Macy's flagship store on Black Friday in New York, US, on Friday, Nov. 28, ...
Tag: business news
Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales
What started off as a particularly rough year for Tesla investors is turning into quite the celebration.Following a 36% plunge ...
Kevin Warsh moves ahead in Fed chief race on Kalshi after Hassett pushback
Kevin Hassett, director of the National Economic Council, left, and Kevin Warsh, former governor of the U.S. Federal Reserve.ReutersKevin Warsh ...
Jobs data, Tesla’s rally, tariff revenue hits $200 billion and more in Morning Squawk
An employee hiring sign is seen in a window of a business in Arlington, Virginia, April 7, 2023.Elizabeth Frantz | ...
CNBC Daily Open: Debt worries continue to weigh on AI-related stocks
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 15, 2025. Brendan ...
Ford to record $19.5 billion in special charges related to EV pullback
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business ...
Divided Fed approves third rate cut this year, sees slower pace ahead
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher ...
Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, ...
Hassett’s Fed chair candidacy received pushback from high-level people close to Trump, sources say
Kevin Hassett's candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received ...
Palantir CIO Jim Siders leaves to become head of Thrive’s new IT services business
Jim Siders speaks at an eventCourtesy: Jim SidersThrive Holdings, owned by OpenAI and Strive investor Thrive Capital, announced on Monday ...
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