Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images A jury in Miami has determined that Tesla should be held partly liable for a fatal 2019 Autopilot crash, and must compensate the family of the deceased and an injured survivor damages of $329 million. The…
Ozgur Donmaz | Photodisc | Getty Images The U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a long-awaited wall. “We’re finally in the eye of the hurricane,” Daniel Zhao, chief economist at career site Glassdoor, wrote in a note. “After months…
President Donald Trump on Friday said that he ordered two nuclear submarines “to be positioned in the appropriate regions” in response to warnings made to the United States by top Russian official Dmitry Medvedev earlier this week. “Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev, who is now the…
Check out the stocks making the biggest moves midday. Kimberly-Clark — The consumer products giant gained about 4% on stronger-than-expected full-year guidance. Kimberly-Clark expects earnings per share to grow in the low-to-mid single digit percentage rate, while analysts polled by FactSet anticipated a contraction of around 2.6%. Marvell Technology — The chipmaker fell about 6%,…
Ghislaine Maxwell attends day 1 of the 4th Annual WIE Symposium at Center 548 on September 20, 2013 in New York City. Laura Cavanaugh | Getty Images Ghislaine Maxwell, the sex offender accomplice of Jeffrey Epstein, has been moved from a low-security federal prison in Florida to a less restrictive federal lockup in Texas, her…
A surprisingly lackluster jobs report Friday morning left CNBC’s Jim Cramer with one key takeaway: The Federal Reserve needs to cut interest rates. “We have very little job growth, and we have wages that are not going up,” Cramer said during “Squawk on the Street.” “That is when you cut.” Before the open, the government…
Today, after a year-long pause, interest resumed on student loans enrolled in the Saving on a Valuable Education (SAVE) plan. Launched by the Biden administration in 2023, SAVE was intended to give borrowers an affordable path to repaying student loans. But it’s been in limbo since last summer, when federal courts blocked it in response to…
Ingwervanille | Moment | Getty Images Setting aside money in a rainy-day fund can bolster households’ retirement prospects down the road, especially for hourly workers with inconsistent income streams, experts said. Emergency funds are a “security blanket,” said Fiona Greig, global head of investor research and policy at Vanguard Group, an asset manager. That’s because…
My top 10 things to watch Friday, Aug. 1 1. We’re headed for a big down open. President Donald Trump issued a late-night series of new tariff orders , including raising the duty rate on Canadian imports to 35% from 25%, effective today. Trump also hit Switzerland with a 39% tariff rate, effective Aug. 7….
Southwest Airlines new premium seats featuring extra legroom. Leslie Josephs/CNBC Southwest Airlines‘ first assigned seats went on sale this week for flights starting Jan. 27 of next year. What you’ll pay will vary. The price depends on the route, when you’re traveling and where you sit. Selecting your ideal seats can add hundreds of dollars…
