Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%
Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.
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Stories Indexed: 356
Trump demands 1% or lower interest rate after first Fed hike since 2023
President Donald Trump demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.
Here is what changed in the new Fed statement under Warsh
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.
Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
Trump's Kennedy Center closure is 'unlawful,' Rep. Beatty tells judge in emergency hearing request
President Donald Trump says renovations at the Kennedy Center will not occur until the courts allow his name to be restored on the performing arts center.
Fed raises rates: What it means for your credit cards, mortgages, savings accounts and auto loans
The Fed's quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit cards, car loans and deposit rates.
Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation
The Federal Reserve should have hiked rates by more on Wednesday instead of a just a quarter point, according to Jeff Gundlach, founder of DoubleLine.
White House chief of staff Susie Wiles says she's cancer free
Susie Wiles oversaw Trump’s winning 2024 presidential campaign and has wielded major influence in his second administration.
Fed delivers its first hike in 3 years. Plus, what's moving Starbucks and GE Vernova
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Boeing CEO: 737 Max production taking 'a little bit longer' to stabilize than expected
Boeing's 737 Max production is taking "a little bit longer" than expected to stabilize, and the company expects to increase its output of the planes next year, CEO Kelly Ortberg told investors Wednesday.
Hegseth avoids impeachment vote with early House election recess
The House won't take a vote on impeaching Defense Secretary Pete Hegseth after House leaders decided to leave Washington a day earlier than planned.
Anthropic policy chief says AI companies can't be expected to operate on 'honor code'
Sarah Heck, Anthropic's head of public policy, offered her perspectives on AI safety as the debate about how to regulate model development intensifies.
House votes to hold Leon Black in contempt of Congress over Epstein subpoenas defiance
Billionaire Leon Black is suing the House Oversight and Government Reform Committee seeking to block subpoenas it issued him in its probe of Jeffrey Epstein.
Fed approves interest rate hike, signals one more to come this year
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another to come, as part of an effort aimed at combating inflation brought on by spiraling oil prices and other factors.
Sen. Blumenthal urges AI oversight: 'We're on the verge of losing control'
New artificial intelligence products should be subject to some form of "objective review" before their release, Sen. Richard Blumenthal, D-Conn., told CNBC on Wednesday.
American Airlines says 30% of seats drive half of revenue as premium cabin rush heats up
The K-shaped economy is taking flight.
Lagging sector looks poised for a rebound. Here's how Mike Khouw is trading it
You can't judge a book by its cover. And in the case of the stock market, you can't judge a sector by its name, which could be creating a compelling opportunity in the options market. Let me explain.
'Science fiction': Transport companies — the backbone of economy — are sounding alarm on fuel prices
Prices for diesel, the fuel type used to power trucks and trains, came in at an all-time high of $6.31 per gallon on Wednesday.
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