Banks could be under pressure Friday after the Federal Reserve's stress test set off some warning flares. Matt Maley takes to the charts to determine where banks head next.
Trump seized on a quote by a man who runs a Black Lives Matter knock-off group and a chant that is not popular with protesters to imply that Black Lives Matter poses a threat.
U.S. supermarket operator Albertsons decided to go ahead with a downsized $800 million initial public offering on Thursday, the culmination of multiple attempts by its private equity owner Cerberus Capital Management to cash out.
More than 45,000 new coronavirus cases were confirmed in the U.S. on Wednesday, a record that surpassed the previous April 26 peak by over 9,000 cases, according to an NBC News tally.
Cooped up at home during the pandemic, consumers have been taking to their favorite comfort food, boosting sales of products like instant coffee, biscuits and chocolates.
The "Hong Kong Autonomy Act" passed by unanimous consent. To become law, it must also pass the House of Representatives and be signed by President Donald Trump.
The meeting with Vice President Mike Pence and other senior U.S. officials is expected to include the CEOs of American Airlines, Delta Air Lines, Southwest Airlines, United Airlines and JetBlue Airways, Reuters reports.
The U.S. reported more than 34,400 coronavirus cases on Wednesday, according to a CNBC analysis of Johns Hopkins University data, after health officials in California, Florida and Texas all reported record-high single-day spikes.
"This is a time where every company needs to reassess its relevance to maintain its market share and innovation," Salesforce CEO Marc Benioff said in a "Mad Money" interview.
Various current and former Wall Street financiers, analysts, lobbyists, lawyers and political advisors with banking clients spoke to CNBC about how the industry is bracing for a possible Biden win.