U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell on Tuesday noted that asset prices, a category that typically includes stocks and other…
A rendering of Eli Lilly’s manufacturing facility in Houston, Texas. Courtesy: Eli Lilly Eli Lilly on Tuesday said it will spend $6.5 billion to build a manufacturing facility in Houston, Texas, to boost production of the company’s pipeline of so-called small molecule drugs, including its closely watched experimental obesity pill. It is the second in…
Check out the companies making headlines in midday trading: Baker Hughes , Halliburton — Oil services stocks including Halliburton and Baker Hughes traded higher as oil prices looked to break a four-day losing streak. Baker Hughes’ stock rose more than 4%, while Halliburton and Transocean each added 8%. Sempra — Shares of the energy company…
Central banks around the world — including the Federal Reserve — could soon become big buyers of bitcoin, after historically shunning the cryptocurrency, according to the Deutsche Bank Research Institute. Monetary policy-setting institutions have traditionally skewed conservative with their reserves, holding mostly gold and Treasurys for stability and to preserve their currencies’ value. Yet, the…
Four times a year, public companies provide an in-depth look at their financial performance — and drilling into those figures is one of investors’ most important jobs. But making sense of them isn’t always easy. One big reason for confusion is that companies have some leeway on the specific metrics they highlight. In particular, we’re…
People gather outside the El Capitan Entertainment Centre where the “Jimmy Kimmel Live!” show is performed in Hollywood on Sept. 18, 2025 in Los Angeles, California. Mario Tama | Getty Images Nexstar Media Group, one of the largest owners of broadcast TV stations, said it would not air the return of “Jimmy Kimmel Live!” on…
Chicago Federal Reserve President Austan Goolsbee expressed caution Tuesday about lowering interest rates as the U.S. economy grapples with the forces of slower growth and a weaker labor market. While he joined the rest of the Federal Open Market Committee last week in voting to cut the central bank’s key borrowing rate, he told CNBC…
U.S. President Donald Trump walks with Marine One in the background, as he departs for New York City to attend the 80th United Nations General Assembly, at Joint Base Andrews, Maryland, U.S., September 22, 2025. Al Drago | Reuters President Donald Trump on Tuesday appeared to cancel a planned meeting this week with the two…
A “For Rent” sign in front of a building in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the…
In this photo illustration, the logo for E-Trade, the online trading platform owned by Morgan Stanley, is shown on the company’s website on May 13, 2024 in Chicago, Illinois. Scott Olson | Getty Images Morgan Stanley is months away from offering crypto trading to retail customers through its E-Trade division as the Wall Street giant…
