Discount marketplace Wish slides after opening below IPO price in market debut
The opening trade was $22.75 per share, below its IPO pricing of $24 per share.
CNBC US News
At-home Covid tests may be for sale at drugstores in February, says Ellume CEO
"We'll be shipping first product in the beginning of January," Ellume CEO Dr. Sean Parsons told CNBC.
Fed commits to keep buying bonds until the economy gets back to full employment
The Federal Reserve made a key adjustment in its efforts to support the economy, while upgrading its outlook for growth.
Twitter will label and remove misinformation about Covid-19 vaccines
Twitter on Wednesday announced that it will moderate and in some cases remove content that spreads harmful misinformation about the Covid-19 vaccines.
Antibody drugs used to treat Trump, others could cut Covid-19 hospitalizations by half, but they're not being used by the general public
Antibody drugs from Regeneron and Eli Lilly could reduce Covid-19 hospitalizations by 50 to 70%. Thousands of doses go out weekly, but they're not getting used.
Congress closes in on a $900 billion Covid relief deal as Americans await aid
The coronavirus relief deal would reportedly include direct payments but not liability protections or state and local relief.
Treasury yields rise after the Fed pledges to keep buying bonds
U.S. Treasury yields inched higher on Wednesday morning, ahead of the Federal Reserve releasing its economic projections later today.
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 Nov. 5.
Even without a stimulus deal, the Fed, which held interest rates near zero, can help everyday Americans. Here’s how
The Federal Reserve remains committed to providing financial help for those who are struggling amid the coronavirus crisis.
Climate change will be a 'really big' focus for ESG investors in 2021, market analyst says
Climate change will be one of the top trends to watch in the environmental, social and governance (ESG) investing sphere, says MSCI's Linda-Eling Lee.
Amazon streamed 4K video from a satellite with a prototype antenna for its Kuiper internet network
Amazon passed a critical early milestone in developing the hardware needed for its planned Project Kuiper satellite internet network.
MacKenzie Scott reveals she has given away nearly $4.2 billion in the last four months
Scott, the ex-wife of Amazon CEO Jeff Bezos, said she has donated to 384 organizations.
Secretary of State Mike Pompeo will quarantine after exposure to Covid
It was not clear when, where or with whom Secretary of State Mike Pompeo was exposed to Covid. A spokesperson said Pompeo has tested negative for the virus.
Prisoners have been excluded from Covid vaccine plans, and health experts are sounding the alarm
Health experts alike are deeply concerned about the notable absence of prison populations in existing vaccine guidance.
Dr. Scott Gottlieb worries that states may struggle with last-mile logistics of administering Covid vaccines
The challenges of distributing Covid-19 antibody drugs could portend issues with vaccine logistics, Dr. Scott Gottlieb told CNBC.
Sweetgreen will pilot a drive-in restaurant as part of suburban push
Salad restaurant chain Sweetgreen will open its first location with a drive-thru lane next year as it expands beyond cities into suburban America.
Facebook blasts Apple in new ads over iPhone privacy change
Facebook is running ads decrying Apple over a privacy change that it claims "threatens the personalized ads that millions of small businesses rely on."
Homebuilder confidence drops from record high as rising prices hit buyers
Homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are feeling shock.
Satellite-to-smartphone broadband company AST & Science to go public through a SPAC
Special purpose acquisition company New Providence will take next-generation satellite broadband specialist AST & Science public through a SPAC deal.
Watch live: Trump health officials discuss Pfizer Covid vaccine as U.S. administers shots
Officials from the Health and Human Services Department and Pentagon are holding a joint briefing on Operation Warp Speed.
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