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DOGE's Musk, Ramaswamy want Congress to pass huge spending cuts. That's a tough sell
Congress' enthusiasm for smaller government is tempered by the difficulty of agreeing on what to cut.8h - Business -
'This was preventable’: Corporate world shudders at new risks after slaying of UnitedHealthcare CEO
Threats against corporations have been rising for years, fueled in part by the echo chamber of social media and an increasingly polarized political environment.9h - Business -
Here’s where the jobs are for November 2024 — in one chart
Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.13h - Business -
Brian Thompson killing: Police believe person of interest left New York
UnitedHealthcare CEO Brian Thompson was fatally shot Wednesday in midtown Manhattan. His company is one of the largest health insurers in the U.S.8h - Business -
Meta shares rise on potential TikTok ban in U.S., closing at record alongside Amazon
Meta continued its rally on Friday, rising 2.4% and closing at a record after a federal appeals court upheld a law requiring ByteDance to sell TikTok.9h - Business -
Workday shares pop 9% on inclusion in S&P 500
Workday has turned profitable in recent years and is on pace to grow subscription revenue by 14% in the next fiscal year.8h - Business -
Appeals court upholds law ordering China-based ByteDance to sell TikTok or face U.S. ban
Members of Congress had raised national security concerns about TikTok due to its ownership by ByteDance, which is based in China.9h - Business -
AI startups are snatching up San Francisco real estate as Gen Z craves office life
With the Covid pandemic approaching its five-year anniversary, a growing number of startups in San Francisco are ditching remote work.9h - Business -
Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStop
CNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.7h - Business -
Super Micro gets Nasdaq listing extension, says it can file financials by February
Super Micro said it received a letter from Nasdaq informing the company of the extension to stay listed.8h - Business -
Why thermal batteries could replace lithium-ion batteries for energy storage
Thermal batteries store renewable energy as heat, offering a cost-effective way for industries like steel and cement to reduce carbon dioxide emissions.18h - Business -
Trump's pick for IRS commissioner, former congressman Billy Long, receives mixed response from Washington, tax community
President-elect Donald Trump will nominate former Missouri congressman Billy Long for IRS commissioner, which has received a mixed response.14h - Business -
Here's what to know before taking your first required minimum distribution
Most retirees must begin required minimum distributions at age 73. Here's what to know before making your first withdrawal.11h - Business -
UnitedHealthcare CEO killing spurs Centene to hold virtual meeting and insurers to pull exec photos
UnitedHealthcare CEO Brian Thompson was fatally shot on his way to an investor meeting by a masked gunman on a New York City street.9h - Business -
Retirees are less satisfied—make 2 key moves now to be happy later, says researcher: 'It all comes back to preparation'
Retirees report significantly lower levels of well-being than they did just four years ago, according to a survey from the Employee Benefits Research Institute.11h - Business -
Trump says venture capitalist David Sacks will be AI and crypto 'czar'
David Sacks spoke at the Republican National Convention in Milwaukee in July and hosted a fundraiser for Trump in San Francisco.19h - Business -
Court rejects Boeing plea deal in deadly 737 Max crashes, citing concerns with Justice Department's DEI policies
A federal judge rejected Boeing's deal with the Justice Department to plead guilty to a criminal fraud charge tied to fatal crashes of 737 Max planes.18h - Business -
The S&P 500 is up nearly 30% for the year. Don't expect such high returns to continue, experts say
The S&P 500 is up nearly 30% this year so far. But it's important for investors to remember that years like this one are rare, financial advisors cautioned.13h - Business -
OpenAI CEO Sam Altman: You could get paid one day for the AI training data we use
OpenAI CEO Sam Altman says content creators should be paid for their contributions to artificial intelligence models, including for chatbots like ChatGPT.12h - Business -
Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
Uber said robotaxi rides will be available between Saadiyat Island and Yas Island, as well as routes to and from Zayed International Airport.14h - Business -
OPEC+ oil output delay a 'reality check’ as group eyes demand, U.S. outlook, Saudi energy min says
"It's not a good idea to bring volumes in the first quarter," Saudi Arabia's Abdulaziz bin Salman assessed, with reference to demand and global uncertainty.17h - Business -
Number of 401(k) plan and IRA millionaires hits record, with more millennials joining the ranks
Retirement 401(k) plan account balances increased for the fourth straight quarter to reach the highest average on record, according to Fidelity.15h - Business -
More Americans are living in malls, as developers get creative to help ease the housing crisis
Real estate developers are building housing inside of or next to shopping malls as department stores like Macy's, JC Penney and Sears shrink or cease to exist.1d - Business -
Money may be green, but the color of luxury is 'Mocha Mousse'
A rich color is having a moment with shoppers — and it shouldn't come as a surprise.15h - Business -
Many people can't afford long-term care insurance. One proposal calls for creating a federal program to help
For many Americans, finding affordable long-term care is a challenge. One congressman wants to create a federal program to help.1d - Business -
McKinsey unit will pay $123 million to settle claims it bribed South African officials
The scheme to bribe two South African state-controlled companies helped McKinsey and McKinsey Africa net approximately $85 million in profits, the DOJ said.1d - Business -
Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon has been in a bit of a rough spot after the departure of its longtime Chief Product Officer Sun Choe.18h - Business -
SpaceX faces opposition to Starlink expansion from Ukrainian group concerned about Musk ties to Russia
A Ukrainian-American group filed a petition with the FCC to try and keep Starlink from putting almost 22,500 satellites into orbit until further review.13h - Business -
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.16h - Business -
There's an important jobs report coming Friday. Here's what to expect
The jobs report due out Friday could provide a clearer picture of where the labor market is headed.1d - Business -
Trump voters could fuel holiday spending, while Harris supporters may pull back
President-elect Donald Trump's supporters feel better about the economy's prospects now that he's in office, which means they'll likely spend more this holiday.Nov. 29 - Business -
As retailers enter the holiday shopping season, the winners are pulling away from the pack
Retailers' earnings reports show a sharp divide between brands that are winning sales and those that are missing out.Nov. 29 - Business -
Dick's Sporting Goods posts robust holiday guidance
Dick's Sporting Goods posted cautious guidance earlier this year as it braced for the 2024 election, but it now expects sales to be better than expected.Nov. 26 - Business -
Bitcoin hits fresh record, marches toward $100,000 as rally continues
Bitcoin breached the $99,000 level for the first time as investors continued pricing in a second Donald Trump presidency.Nov. 21 - Business -
Nvidia nearly doubles revenue on strong AI demand
Nvidia reported earnings after the bell. Here are the results.Nov. 20 - Business -
Markets are priced to perfection on the Trump trade. Here's why that could be a problem
Investors have been busy for the past several weeks bidding up prices in anticipation of what Trump will do when he takes office.Nov. 13 - Business -
Bitcoin tops $89,000 as crypto euphoria over Trump win shows no sign of waning
Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following President-elect Donald Trump's election win.Nov. 11 - Business -
Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high
Bitcoin hit a new record high as futures premiums soared, in a clear sign that investors believe the record-run will continue.Nov. 10 - Business -
Tesla hits $1 trillion market cap as stock rallies after Trump win
Shares of Tesla climbed in afternoon trading Friday, pushing the electric vehicle maker's market cap past $1 trillion.Nov. 8 - Business -
South Korean won falls sharply against the U.S. dollar after president declares martial law
South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared martial law.3d - Business