A television displays the Federal Reserve decision to leave interest rates unchanged as a trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29, 2026. Michael Nagle | Bloomberg | Getty Images Stocks fell Wednesday, after the Federal Reserve in a widely anticipated move kept…
The Federal Reserve left its key interest rate unchanged for the seventh-consecutive month despite lingering concerns about inflation rates that continue to pressure U.S. householdsâ finances. The decision was largely expected by investors, who have seen markets begin to churn amid ongoing concerns about higher oil prices stemming from the war with Iran and AI…
For years, the financial institutions handling President Donald Trump’s sprawling investment portfolio have remained one of the most mysterious parts of his personal finances. A CNBC analysis of Trump’s 2025 annual financial disclosure filed with the Office of Government Ethics has linked JPMorgan Chase, Charles Schwab, UBS and Stephens Inc. to at least four of…
Sharp falls in the value of chip makers have stoked investor concerns that the euphoria around AI related companies is fading. Source link
Microsoft CEO Satya Nadella attends the 56th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Denis Balibouse | Reuters Microsoft is set to report fiscal fourth-quarter results after Wednesday’s closing bell. Here’s what analysts are looking for, according to LSEG consensus: Earnings per share: $4.24 adjusted Revenue: $87.62 billion At that…
Masslie Arias, of DoorDash, prepares to load a delivery package on a hovering drone Thursday, July 31, 2025, in Frisco, Texas. Julio Cortez | AP DoorDash on Wednesday launched its in-house drone-delivery program, DoorDash Air, after securing a â U.S. Federal Aviation Administration certification to operate commercial drone âdeliveries in âthe U.S. The âmove marks the food-delivery company’s push into autonomous…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. From “oil” to “shock,” here are the keywords Kalshi traders think Federal Reserve Chairman Kevin Warsh will say at his press conference this afternoon. Stock futures are lower this morning after a mixed day on Wall Street. Here are five…
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Johnson & Johnson âsaid Monday it would pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and âother talc products cause ovarian cancer, in a landmark deal that could end a contentious legal battle that has dogged the company for a decade. J&J said the settlement covers about…
Shein’s U.S. business is under investigation by the Federal Trade Commission, the fast-fashion giant revealed in documents connected to its upcoming Hong Kong initial public offering. In the filing, the Chinese-founded company didn’t say what the FTC is investigating, but the disclosure appears to be the first time the probe was made public. “We are…
