This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black Continue Reading
U.S. seizes oil tanker off the coast of Venezuela: Report
A Venezuelan flag in La Guaira, Vargas State, Venezuela, on Sunday, Nov. 30, 2025. Bloomberg | Getty Images U.S. forces have seized a sanctioned oil tanker off the coast of Venezuela, people familiar with the matter told Bloomberg News. U.S. crude oil was up 10 cents, or 0.17%, at $58.35 Continue Reading
Southwest CEO says airline ‘actively pursuing’ airport lounge network
A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight Continue Reading
Watch CNBC’s full interview with former SEC chairman Jay Clayton
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jay Clayton, former SEC chairman, joins ‘Squawk Box’ to discuss the state of the affordability issue, how open-air drug markets began and much more.
We’re raising our GE Vernova price target as shares deservedly hit all-time highs
GE Vernova stock deservedly hit all-time highs Wednesday after the energy equipment giant delivered incredibly positive guidance all the way out to fiscal 2028. CEO Scott Strazik on CNBC amplified the incredible near-term and long-term growth story that management outlined at Tuesday evening’s investor meeting. “We have a lot of Continue Reading
Rivian turns to AI, autonomy to woo investors as EV sales stall
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than Continue Reading
Stocks making the biggest moves premarket: GME, AVAV, CBRL
Check out the companies making the biggest moves before the bell: AeroVironment — The drone maker slid more than 4% on the back of a fiscal second-quarter earnings miss. AeroVironment earned 44 cents per share, well below an LSEG estimate of 78 cents per share. Cracker Barrel Old Country Store Continue Reading
Refinance demand for FHA loans jumps 24%
Manusapon Kasosod | Moment | Getty Images Current homeowners are looking for any savings they can get, and with mortgage rates on conventional loans not moving much, that isn’t easy. Loans from the Federal Housing Administration, or FHA, which require mortgage insurance, however, are providing an outlet. Total applications to Continue Reading
Online grocer Thrive Market goes dry, launches non-alcoholic products
Thrive Market headquarters at Fast Company Creativity Counter-Conference in Los Angeles, California. Araya Doheny | Getty Images Thrive Market is officially going dry. The online health and grocery marketplace will become the first major online grocer to remove all alcohol products when it takes them off its subscription service. The Continue Reading
Trump to start final Fed chair interviews beginning with Kevin Warsh
President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” Continue Reading