States are paying huge sums to lure semiconductor manufacturers, on top of CHIPS Act billions
The federal CHIPS Act offers billions of dollars in incentives to make semiconductors in the U.S. Some states are kicking in billions more to win projects
CNBC US News
Powell says more 'restriction' is coming, including possibility of hikes at consecutive meetings
Powell spoke at a European Central Bank monetary policy forum in Sintra, Portugal.
More than $200 billion in Covid loans potentially stolen by fraudsters, watchdog says
More than $200 billion in Covid aid disbursed by the Small Business Administration may have been stolen, a federal watchdog said.
Severe weather, FAA shortfalls kick off rocky start to summer air travel
United's CEO blamed FAA staffing shortages for worsening flight disruptions over the weekend.
Watch Fed Chair Jerome Powell speak live at a policy forum in Portugal
Joining Powell are ECB President Christine Lagarde, Bank of England Governor Andrew Bailey and Bank of Japan Governor Kazuo Ueda.
Here are moves parents can make to help adult child become financially independent, advisor says
These days, it can take years before young adults are able to pay their own way. However, some money moves may speed up the process.
Mortgage demand grows, driven by sales of new homes
While applications for mortgages to buy a home rose week to week, they were still down more than 20% compared with a year earlier.
Fanatics increases its offer to $225 million to acquire PointsBet's U.S. assets
Fanatics outbids DraftKings to acquire the U.S. assets of sports betting site PointsBet.
Walgreens slashes earnings guidance due to lower consumer spending, drop in Covid care demand
CEO Rosalind Brewer said Walgreens will increase its cost-cutting program to $4.1 billion and take action to increase profitability in the health-care segment.
Regeneron shares fall after FDA rejects high-dose eye disease treatment
Regeneron said the rejection was "solely due to an ongoing review of inspection findings at a third-party filler."
Unity shares rise 15% after company announces A.I. marketplace
AI companies will be able to distribute their software to game makers and charge for it through Unity's Asset Store.
Trump co-defendant Walt Nauta can't find local lawyer, has arraignment postponed
Donald Trump and his aide Walt Nauta are charged with crimes related to Trump's retention of hundreds of classified government documents at his Mar-a-Lago club.
Trump may not be the strongest GOP presidential candidate, Kevin McCarthy says
McCarthy said Trump can beat Biden in 2024, but he doesn't know if Trump is the "strongest" Republican candidate.
Delta lifts profit forecast thanks to strong demand and premium tickets
Delta said consumers continue to book and trade up to more expensive cabins.
Trump's latest attack includes special counsel's family after bombshell tape revealed
Trump railed against Smith and his criminal case, and asked "somebody" to "explain" his position to the special counsel, his family and his friends.
Prison staff misconduct made it easier for sex predator Jeffrey Epstein to kill himself, DOJ watchdog says
The suicide of Jeffrey Epstein has been the subject of conspiracy theories since the former friend of Donald Trump and Bill Clinton died in 2019.
Microsoft CEO Satya Nadella set goal of $500 billion in revenue by 2030, court filing shows
A court filing released on Monday showed that last year Microsoft CEO Satya Nadella provided a goal for his company's top-line financials through 2030.
Home prices rose for third straight month in April, S&P Case-Shiller index says
Housing prices are recovering steadily after hitting a bottom earlier this year.
Eli Lilly experimental obesity drug could beat rivals in total weight loss for patients
Obese or overweight patients who took Eli Lilly's retatrutide lost 58 pounds on average, the pharmaceutical company said in a mid-stage clinical trial.
Apple's Tim Cook calls India 'huge opportunity' after tech meeting at White House with Prime Minister Modi
Top tech execs met with Indian Prime Minister Narendra Modi at the White House on Friday to discuss business opportunities and investments
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