Powell says he plans to meet with homeless Americans in Washington, DC
Powell, one of the world's most influential economists, has not yet met with members of the homeless encampment near the Fed in Washington.
CNBC US News
Fed holds interest rates near zero, sees faster growth and higher inflation
As expected, the U.S. central bank decided to keep short-term interest rates anchored near zero as it buys at least $120 billion of bonds each month.
Delta to resume hiring pilots in June as travel demand recovers
Delta is joining other carriers in resuming pilot hiring.
Boeing posts sixth consecutive quarterly loss, expects turning point in 2021
Boeing said it expects 2021 to be a turning point as more people are vaccinated against Covid.
Treasury yields are little changed as Fed, Powell pledge to hold course on rates and asset purchases
The 10-year Treasury yield was flat for the day following the Federal Reserve's latest policy decision.
Boeing pauses 737 Max deliveries due to electrical issue, warns of 'light' April handovers
Boeing said a fix for the 737 Max planes will likely be resolved "in short order."
'Sell in May and go away' is in play this year amid inflation risks, market analyst says
Investors may want to sit out what could be a volatile summer for the stock market, Morgan Creek's Mark Yusko says.
JPMorgan wants to appeal to younger investors with new ad campaign
It's the first multichannel ad campaign from the group since JPMorgan folded up its wealth management operations into a unit in December 2019.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on March 17.
The Fed keeps rates near zero — here’s how you can benefit
Rock-bottom rates can help some Americans save money, especially if they refinance or pay down high-interest debt.
New York to end restaurant curfew, allow bar seating in NYC starting May as Covid cases drop
Gov. Andrew Cuomo announced that food and beverage service curfews in New York will end soon.
Pfizer, Moderna Covid vaccines 94% effective at preventing hospitalizations in elderly, CDC study shows
The Pfizer-BioNTech and Moderna Covid-19 vaccines are 94% effective at preventing hospitalizations in the elderly, the CDC said Wednesday.
Biden’s American Families Plan could make free college a reality
President Biden promised to make community college tuition-free. Now he is pushing Congress to enact legislation doing just that.
Biden's families plan excludes Medicare expansion, drug price changes backed by Democrats
Biden did not call to lower the Medicare eligibility age or allow for direct drug price negotiations as part of the American Families Plan.
Tesla accused of environmental rule violations in U.S. and Germany
The EPA accused Tesla last week of failing to prove it is in compliance with federal emissions standards for hazardous air pollutants.
Chicken sandwich wars pay off for KFC and McDonald's, putting pressure on supply
New chicken sandwiches from KFC and McDonald's are driving sales for the chains.
U.S. is averaging 2.7 million Covid vaccine shots per day, majority of states have half of adults jabbed
The United States is reporting an average of 2.7 million daily vaccinations over the past week and more than half of adults have gotten a shot in most states.
Reopening plays still have room to run, market analysts say, as new ETFs launch
With new hotel- and restaurant-based exchange-traded funds hitting the market, four analysts weigh in on the lasting power of the reopening trade.
Ford takes steps toward making battery cells for electric vehicles, following Tesla and GM
Ford plans to invest $185 million into a new battery lab as a step toward manufacturing its own battery cells for electric vehicles.
Taco Bell parent Yum Brands tops earnings estimates fueled by U.S. sales growth
Yum Brands reported quarterly earnings that crushed analysts' expectations as U.S. consumers returned to its restaurants.
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