US President Joe Biden answers questions from the press following his remarks regarding lowering cost for American families in the South Court Auditorium of the Eisenhower Executive Office Building on Thursday January 12, 2023. Demetrius Freeman | The Washington Post | Getty Images President Joe Biden Biden ‘willfully retained and […]
CNBC News
We’re watching 6 of our stocks making moves Thursday and considering buying more of another
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here’s […]
Disney shares headed for best day in more than three years after earnings bonanza
Disney shares spiked 12% Thursday, headed for the stock’s best day since December 2020, after the company’s fiscal first-quarter earnings beat estimates and it announced a slew of major deals and upcoming events. In its most eye-catching news, CEO Bob Iger said the company would take its biggest step yet […]
Here’s who qualifies for the home office deduction on this year’s taxes
Justin Paget | Digitalvision | Getty Images If you were fully remote or a hybrid worker in 2023, you may be curious about the home office deduction for your tax return. While fully remote work is now less common, hybrid positions represented 13.1% of U.S. job postings in December, and […]
J&J, Merck and Bristol Myers CEOs defend high drug prices in Senate hearing, as Biden tries to cut costs
(L-R) Joaquin Duato, CEO of Johnson & Johnson, Robert Davis, CEO of Merck, and Chris Boerner, CEO of Bristol Myers Squibb, testify before the Senate Health, Education, Labor, and Pensions Committee at the Dirksen Senate Office Building on February 08, 2024 in Washington, DC. The Committee held to hearing to […]
Investing in Space: How bankers read a potential sale of rocket builder ULA
United Launch Alliance’s next-generation Vulcan rocket is unloaded after it arrived by ship in Cape Canaveral, Florida, U.S. January 22, 2023. Joe Skipper | Reuters CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and […]
Supreme Court skeptical of Trump ballot disqualification by Colorado
Former U.S. President Donald Trump speaks during a press conference held at Mar-a-Lago on February 08, 2024 in Palm Beach, Florida. Joe Raedle | Getty Images The Supreme Court on Thursday strongly questioned a ruling by Colorado’s top court that barred Donald Trump from the state’s Republican presidential primary ballot. […]
New Kia Carnival minivan will be offered as a hybrid and maintain its SUV design
2025 Kia Carnival Kia CHICAGO – Kia Motors is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting tightening federal fuel economy standards. Hybrids are a growing option for automakers as they strive to make vehicles more efficient and […]
Delta to open a new tier of ‘premium’ airport lounges this year in high-end travel push
Delta’s new Sky Club airport lounge at New York’s John F. Kennedy International Airport. Leslie Josephs/CNBC Delta Air Lines‘ popular airport lounges are getting a more exclusive tier, in the airline’s latest push to cater to high-spending travelers. The first “premium” lounge is scheduled to open in June at New […]
Senate advances $95 billion Ukraine, Israel funding bill, faces uphill battle as budget talks loom
U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks during the weekly Democratic Caucus lunch press conference at the U.S. Capitol building in Washington, U.S., February 6, 2024. Amanda Andrade-rhoades | Reuters Senators on Thursday advanced a foreign aid package for Ukraine, Israel and Taiwan, garnering momentum for a funding package […]