business news

Bill Ackman explains why he embraced RFK Jr.’s skepticism on Covid vaccines

Bill Ackman said in 2021 that delaying Covid vaccinations for older Americans “seems like genocide.” Today, the influential hedge fund…

Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show

Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…

Lin Wood, pro-Trump lawyer who challenged 2020 election results, retires amid disbarment threat

Lin Wood, a pro-Trump lawyer who worked to challenge the 2020 election results, retired from practicing law in order to…

Stocks making the biggest moves midday: Meta Platforms, Coinbase, UPS, General Motors & more

Check out the companies making headlines in midday trading. Meta Platforms — Shares of the social media giant rose more…

FTC warns about student loan scams following Supreme Court decision

Scammers are likely to target student loan borrowers after the Supreme Court struck down the Biden administration’s debt forgiveness plan…

Stocks making the biggest moves in the premarket: Rivian, UPS, Coinbase and more

Check out the companies making the biggest moves before the bell: Rivian — Shares popped 6.5% in premarket trading, adding…

Ukraine war live updates: Zelenskyy warns of ‘dangerous provocations’ at nuclear plant; China’s Xi reportedly warned Putin against nuclear attack

This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  Ukrainian President…

Biden urges stricter gun control after spate of holiday weekend shootings

President Joe Biden on Tuesday again called for stricter gun control, including a ban on semi-automatic rifles, after several deadly…

U.S. judge restricts Biden officials from contact with social media firms

A U.S. federal judge on Tuesday restricted some agencies and officials of the administration of President Joe Biden from meeting…

Fireworks cause $59 million of property damage a year. Your insurance policy may cover it

Fireworks-related damage may be covered by your renters or homeowners insurance policy — but not always. “The very short answer…