Here's what the market will be looking for in Friday's key jobs report
Economists expect the Labor Department to report that nonfarm payrolls expanded by 190,000 last month, up from 150,000 in October.
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AMD stock spikes after company launches AI chip to rival Nvidia
For the past year, AI chips have been dominated by Nvidia, and cloud providers and technology companies have been searching for an alternative.
PayPal shares slide after Amazon drops Venmo as payment option
Amazon announced last October it would add Venmo as a payment method at checkout, giving shoppers more options to pay for their purchases.
House committee launches investigation of Harvard, MIT and UPenn over antisemitism fight
The House Education Committee is launching an investigation of Harvard, MIT and the University of Pennsylvania after recent testimony on Capitol Hill.
Biden administration asserts power to seize drug patents in move to slash high prices
The Biden administration unveiled a new framework outlining the factors federal agencies should consider in determining whether to use march-in rights.
McDonald's to open first CosMc's spinoff restaurant this week
The burger chain is positioning CosMc's as a fast, convenient way to grab a pick-me-up snack or coffee.
Amazon tests grocery subscription service for Prime members
Amazon is betting members of its $139-a-year Prime program will want to pay a separate monthly fee for unlimited grocery delivery on some orders.
Trump in court for $250 million NY fraud trial that threatens his real estate empire
Trump has railed against the case as a politically motivated witch hunt in prior appearances at Manhattan Supreme Court.
AbbVie to acquire neuroscience drugmaker Cerevel Therapeutics for $8.7 billion
The deal is AbbVie's latest attempt to expand its drug pipeline as its top-selling treatments, such as Humira, face generic competition.
U.S. poised to approve first gene-editing treatment in breakthrough for sickle cell patients
The U.S. Food and Drug Administration is expected to approve exa-cel for sickle cell disease in what would become the first marketed medicine to use CRISPR.
IBM was early to AI, then lost its way. CEO Arvind Krishna explains what's next
IBM CEO Arvind Krishna talked with CNBC about his specific views on regulation, the business of generative AI, IBM's mistakes and its future plan.
Haley's Wall Street donor surge draws fire at GOP debate
DeSantis seized on Haley's big-money donors, some of whom have backed Democrats and progressive policies.
Meta to expand encryption on Messenger making it similar to WhatsApp
Meta to bring end-to-end encryption to Messenger, representing a major privacy update that makes the service more similar to its sibling WhatsApp.
'Pharma Bro' Martin Shkreli violated prison release to go on Tucker Carlson show: Court doc
Shkreli failed to tell his probation officer that he was leaving his home in Queens, New York for an in-person interview with Carlson at his studio in Maine.
McDonald's aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
After 2024, McDonald's is targeting systemwide sales growth of 2.5% in constant currency.
Ex-Twitter security executive sues X for wrongful termination and retaliation
A former Twitter security chief filed a lawsuit against X alleging wrongful termination after objecting to various cost-cutting measures enacted by Elon Musk
Jamie Dimon lashes out against crypto: 'If I was the government, I'd close it down'
The JPMorgan Chase CEO lashed out at bitcoin and its peers, suggesting that cryptocurrencies should be banned.
IRS rejects more than 20,000 refund claims for pandemic-related tax credit
The IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed the employee retention tax credit. Here's what filers need to know.
Private payrolls increased by 103,000 in November, below expectations, ADP says
Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, ADP reported.
New Trump administration will come after the media, ally warns
Kash Patel warned that a second Trump administration would "find the conspirators, not just in the government, but in the media."
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