Supreme Court Chief Justice John Roberts on Tuesday temporarily blocked the House Ways and Means Committee from obtaining years of federal income tax returns of former President Donald Trump and related business entities from the IRS. Roberts’ order came a day after Trump’s lawyers filed an emergency application with the […]
CNBC News
Job openings surged in September despite Fed efforts to cool labor market
The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters Job openings surged in September despite Federal Reserve efforts aimed at loosening up a historically tight labor market that has helped feed the highest inflation […]
SpaceX launches Falcon Heavy, the world’s most powerful rocket, on Space Force mission
A SpaceX Falcon Heavy rocket launches on its mission with a classified payload for the U.S. Space Force at Cape Canaveral, Florida, U.S., November 1, 2022. Steve Nesius | Reuters Elon Musk’s SpaceX on Tuesday launched the first Falcon Heavy mission in over three years, a towering rocket that is […]
Uber stock pops 12% in premarket on revenue beat, strong guidance
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber reported a third-quarter loss Tuesday but beat analysts’ estimates for revenue and gave strong fourth-quarter guidance. Its shares were up about 12% in premarket trading. Here’s […]
Taylor Swift holds all top 10 spots in Billboard Hot 100 as she announces first major tour in nearly 5 years
Taylor Swift performs on the stage in concert at Mercedes-Benz Arena on May 30, 2014 in Shanghai, China. Vcg | Visual China Group | Getty Images Taylor Swift said Tuesday she’s heading back out on tour, as she occupies all of the top 10 spots of the Billboard Hot 100 […]
U.S. and UAE sign strategic partnership deal to spur $100 billion in clean energy investment
Solar panels are set up in the solar farm at the University of California, Merced, in Merced, California, August 17, 2022. Nathan Frandino | Reuters ABU DHABI, United Arab Emirates — The United States and United Arab Emirates on Tuesday announced the signing of a strategic partnership that will see […]
Stocks making the biggest moves in the premarket: Abiomed, Uber, SoFi, Pfizer and more
Take a look at some of the biggest movers in the premarket: Abiomed (ABMD) – Abiomed stock soared 51.6% in premarket trading after agreeing to be acquired by Johnson & Johnson (JNJ) in a nearly $16.6 billion deal. J&J will pay $380 per share for the maker of heart, lung […]
Pfizer raises 2022 earnings guidance, beats third-quarter expectations
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garrido | Reuters Pfizer on Tuesday raised its 2022 earnings guidance after booking a strong third quarter that beat Wall Street expectations. Pfizer […]
How Congress and corporations can help stop inflation
Americans look to the country’s most powerful bank, the Federal Reserve, to combat inflation. “I think our biggest problem, at least for the foreseeable future, is high inflation,” Mark Zandi, chief economist at Moody’s Analytics, told CNBC. The Fed can raise interest rates to slow inflation, which ultimately makes the […]
Uber reports another loss but beats on revenue and the stock is up
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber reported a third-quarter loss Tuesday but beat analysts’ estimates for revenue and showed a surge in bookings. Shares were up about 7% in premarket […]