Stocks surged as a record jump in retail sales — coupled with positive trial results from a potential coronavirus treatment and hopes of more stimulus — sent market sentiment soaring.
The alleged theft of CIA hacking tools by one of the agency's own officers exposed a culture of "woefully lax" security around the agency's dangerous cyberweapons, according to an internal report made public Tuesday.
Among other things, Tesla said it achieved range improvements by reducing the mass of the vehicle by using lighter weight materials in its battery pack and drive units.
Powell said the central bank's announced move this week to buy corporate bonds fulfills a pledge it had made earlier but is not an effort to take over the market.
Builder sentiment jumped a striking 21 points in June to 58, the largest monthly increase ever in the National Association of Home Builders/Wells Fargo Housing Market Index.
"It's going to probably have an immediate impact on what doctors are doing in the ICU setting," Gottlieb said Tuesday on CNBC's "Squawk Box" in response to the news.
Databricks, whose software helps companies process large data sets, has grown rapidly while also cutting costs to prepare for an economic downturn. The company made CNBC's 2020 Disruptor 50 list after reaching $200 million in annualized recurring revenue last year, it was announced Tuesday.
Treasury yields jumped on Tuesday after the Federal Reserve announced that it will begin buying individual corporate bonds, while a report suggested that President Donald Trump's administration is preparing a $1 trillion infrastructure package.
The Impact Shares NAACP Minority Empowerment ETF represents an "evolution" in the civil rights organization's corporate advocacy work and a push for transparency in corporate America, says Marvin Owens, senior director of economic programs at the NAACP.
To bridge the growing gap between income and tuition expenses, student loan balances will also likely rise as more families must borrow money to cover college costs.
President Donald Trump will sign an executive order on police reform tomorrow, he said Monday, as activists ramp up pressure for an overhaul of U.S. policing practices.
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