American flags are displayed on the lawn of the National Mall with the U.S. Capitol Building in the background on June 2, 2025, in Washington, D.C. Kevin Carter | Getty Images News | Getty Images ‘Big beautiful’ bill includes Medicaid work requirements The House and Senate versions of the “big beautiful” bill would impose federal…
Utah Archers Midfielder Tre Leclaire (44) carries the ball during the Premier Lacrosse League Cash App Championship between the Maryland Whipsnakes and the Utah Archers at Subaru Park in Chester, Pennsylvania, on Sept. 15, 2024. Terence Lewis | Icon Sportswire | Getty Images ESPN is renewing its media deal with the Premier Lacrosse League and…
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in May. Text removed from the May 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 text appears in both…
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, D.C., on June 2, 2025. Andrew Caballero-Reynolds | AFP | Getty Images The Federal Reserve sees inflation rising again to top 3% this year amid the uncertainty around President…
CNBC’s Jim Cramer on Tuesday told investors the market no longer seems to be concerned about the potential for Chinese startup DeepSeek to outpace the tech titans currently leading in the artificial intelligence arena. “This data center renaissance, so shocking to the people who abandoned these stocks — the Nvidias, the AMDs, the Vertivs, the…
The Chase Sapphire Lounge at LaGuardia Airport, accessible only to Sapphire Reserve customers. Benji Stawski / CNBC JPMorgan Chase is betting that a long list of new perks will keep affluent Americans hooked on its Sapphire Reserve card, despite a hefty bump in its annual fee. The bank on Tuesday unveiled an update to its…
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a…
Here are the opening calls The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images Good morning from London, and welcome to CNBC’s live blog covering European financial markets action on Wednesday, and the latest regional and global business news, data and earnings. Futures data from IG suggests a positive start…
Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand. The warranty covers the engine, transmission, transfer…
Customers browse a POP MART display filled with Labubu characters and collectible figures from The Monsters series on June 16, 2025 in Chongqing, China. Cheng Xin | Getty Images News | Getty Images BEIJING — Shares in Labubu-maker Pop Mart continued to tumble Friday, after Morgan Stanley removed the stock from a focus list and…
