Biden picks Jerome Powell to lead the Fed for a second term as the U.S. battles Covid and inflation
President Joe Biden made the announcement Monday morning following weeks of speculation that Fed Governor Lael Brainard could get the spot.
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California ports report supply chain progress, delay fines for lingering cargo containers
The nation's busiest port complex will delay imposing fines on carriers for containers awaiting pickup citing significant improvements in the supply chain.
QAnon shaman Jacob Chansley gets new lawyer, might appeal Capitol riot criminal conviction and prison term
QAnon shaman Jacob Chansley's new lawyer John Pierce previously represented Kenosha, Wisconsin, shooting defendant Kyle Rittenhouse.
American, JetBlue seek dismissal of antitrust lawsuit tied to partnership
The airlines filed a motion to dismiss the lawsuit that the DOJ and six states filed in September over their alliance.
More than 90% of federal workers have received at least one Covid vaccine dose, White House says
The "vast majority of those employees" are fully vaccinated, a senior administration official said.
Treasury yields rise after Biden picks Powell over Brainard for top Fed post
U.S. Treasury yields rose on Monday morning after President Joe Biden renominated Jerome Powell for a second term as Federal Reserve chair.
Astra stock surges after the rocket builder reaches orbit successfully
Shares of rocket builder Astra surged in trading Monday after the company reached orbit for the first time over the weekend.
Home sales rose in October as investors rushed into the market
Home sales rose in October compared with September, as a larger share of investors moved into the market.
SpaceX rocket business leadership shakes up as two VPs depart
The leadership of SpaceX's rocket business has been shaken up, CNBC has learned, including the departure of two vice presidents from Elon Musk's company.
Watch now: ETF Edge on bitcoin ETF pitfalls, Schwab's first ESG ETF and November trends
Here's what you need to know about Lael Brainard, Biden's pick for vice chair at the Fed
Biden's decision to nominate Lael Brainard is thought to be the work of progressives, who say she'll put emphasis on climate change and equitability.
Watch live: Biden addresses his decision on Fed nominees Powell and Brainard
President Joe Biden will discuss his decision to renominate Fed Chairman Jerome Powell and promote Gov. Lael Brainard to vice chair of the central bank.
Former Trump lawyer Michael Cohen finishes home confinement, vows continued cooperation in probes of ex-president and others
Michael Cohen facilitated hush money payments to porn star Stormy Daniels and another woman to benefit Donald Trump during the 2016 presidential election.
GM takes a stake in electric boating start-up Pure Watercraft
Pure Watercraft systems use lithium ion batteries to replace 40- to 50-horsepower outboard motors that burn gas or diesel.
Pentagon sends nearly 400,000 pounds of Thanksgiving dinner to U.S. troops around the world
The Defense Logistics Agency coordinates the Pentagon's combat supply chain. In addition, DLA oversees the delivery of traditional holiday meals to U.S. troops.
Here's how the National Guard is combating the labor crisis
The National Guard is the first-response force of the United States, but can it help with pressing economic needs such as the supply chain and labor shortfalls?
Stocks making the biggest moves in the premarket: Activision Blizzard, Astra Space, Bluebird Bio and more
The stocks making the biggest moves in premarket trading include Activision Blizzard, Astra Space, Bluebird Bio, and more.
Google's Australia investment could be a big boost for the nation's A.I. scene
Google announced Monday that it plans to set up a new Google Research Australia lab in Sydney.
Flights briefly halted after accidental gun discharge at Atlanta airport, three injuries reported
The incident occurred at Hartsfield-Jackson Atlanta International Airport's security screening area on Saturday afternoon.
Sports fans are being sidelined as local hoops and hockey networks fight the decay of pay TV
Regional sports network owners Sinclair, Comcast and AT&T are charting a path for survival as the digital future looks murky
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