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Stock futures are little changed as S&P 500 nears new record high: Live updates
The moves come after the S&P 500 finished Wednesday’s session flat.
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Zohran Mamdani's victory in NYC mayoral primary leaves Wall Street ‘alarmed' and ‘depressed'
His potential victory could bring what the Street despises the most — tax hikes and tighter regulation that threaten corporate and investment interests.
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Asana picks Dan Rogers, formerly of ServiceNow, to replace CEO Dustin Moskovitz
Dustin Moskovitz, the largest individual owner of Asana stock, will stick around as the software company’s board chair.
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Trump administration moves to count crypto as a federal mortgage asset
The Trump administration is ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.
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Micron reports earnings, revenue beat and issues strong forecast
Micron reported earnings and revenue on Wednesday that exceeded analysts’ estimates.
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Bitcoin rises, NYSE battles for Trump ETF, and crypto may be coming to mortgage next
Bitcoin’s price rose on Wednesday as markets stayed in rally mode, the Fed chair talked stablecoin, and a key housing regulator mortgages may consider crypto.
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Sen. Schumer taken to hospital and treated for dehydration
Schumer was absent Wednesday morning from a press conference on the major tax bill that President Donald Trump is pushing Republicans to pass through Congress.
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Airport lounges, Europe and premium class are on the table, Southwest CEO says
Southwest CEO Bob Jordan said the airline is open airport lounges and higher-end service like Europe flights and more premium classes to woo travelers.
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Retailers are rushing returns back to resale market as Trump tariff costs hit item economics
Retailers are processing returned goods as fast as they can to get products already subject to higher tariffs back out on the resale market.
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Divided Fed proposes rule to ease capital requirements for big Wall Street banks
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate.
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Kelly Evans: We back
The Nasdaq 100 hit a record high yesterday. The S&P 500 is less than 1% away. And guess what? A familiar trade has been leading the way from the early-April “Liberation Day” lows. Namely, NVIDIA and the whole AI space. Shares of NVIDIA are popping on the open again today, and are trading back above their record closing high from…
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Nvidia CEO says robotics is chipmaker's biggest opportunity after AI
Nvidia CEO Jensen Huang said at the company’s annual shareholders meeting on Wednesday that robotics is a rapidly growing business.
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Healthy Returns: New weight loss drug data show Eli Lilly is gaining ground
Eli Lilly, Novo Nordisk and Amgen release weight loss drug data as competition heats up in the market, while Abridge announces a $300 million funding round.
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Why BlackRock's Rick Rieder is confident in equities in the second half as S&P 500 nears high
BlackRock’s Rick Rieder is confident a stock market nearing all-time highs can go even higher as inflation comes down because of artificial intelligence.
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Buy now, pay later plans will soon impact your credit score—what you need to know
The company behind FICO credit scores announced plans to include buy now, pay later installment loans in users’ scores beginning this fall.
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Nvidia shares hit record as AI chipmaker again becomes world's most valuable company
Nvidia closed at an all-time high as investors gain confidence that the chipmaker will power through China restrictions.
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40-year-old reaches millions on TikTok as ‘The Workout Witch': I found a ‘deep sense of purpose'
Liz Tenuto shares somatic exercises with her 2.2 million TikTok followers. Here’s how she gained traction.
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Most Americans say this financial milestone makes you an adult
Roughly three-quarters of Americans believe coming off a parent’s cell phone plan is one of the ultimate signs of adulting, according to a recent survey.
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Primary win by pro-rent freeze Mamdani knocks shares of Flagstar bank on NYC market exposure
A rent freeze could lower the value of Flagstar’s multi-family housing loans, though the extent of the potential impact is unclear.
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BP shares rise on takeover speculation; Shell denies
It is unlikely Shell would purchase the entirety of BP, people familiar with the matter told CNBC’s Brian Sullivan.