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Powell's fourth major shift raises questions about the Fed’s policy credibility via US Top News and Analysis
The Fed is expected to say it will double the pace of its bond purchase taper, while also likely hinting at more aggressive rate hikes in 2022.
13 minutes ago
Amazon fined $1.28 billion by Italy's antitrust regulators via US Top News and Analysis
Amazon has been fined 1.13 billion euros ($1.28 billion) by Italian antitrust regulators for abusing its market dominance.
29 minutes ago
Rapid infection rate of omicron Covid variant is causing concern, as UK braces for 1 million cases via US Top News and Analysis
"The omicron data is enormously worrying," immunologist Danny Altmann told CNBC, pointing to the U.K's 2.5-day doubling time of cases.
34 minutes ago
New Zealand to ban young people from ever being able to buy cigarettes via US Top News and Analysis
Health officials and campaign groups have welcomed the move, recognizing the reforms as one of the world's toughest crackdowns on the tobacco industry.
2 hours ago
People are paying top dollar for cocktails with no alcohol in them via US Top News and Analysis
The no- and low-alcoholic beverage industry skyrocketed during the past year as consumers shift from coping with the pandemic to prioritizing their health.
2 hours ago
Meet Eric Zemmour, France's far-right presidential contender via US Top News and Analysis
Eric Zemmour, often referred to as France's version of Donald Trump, has joined the race for the French presidency.
3 hours ago
China stocks face delisting risks in the U.S. — investors should hedge their bets, Credit Suisse says via US Top News and Analysis
Investors could switch to Hong Kong-listed shares of Chinese companies with dual listings, said Jack Siu, Credit Suisse's Greater China CIO.
3 hours ago
Anthony Scaramucci says he sees inflation as transitory, not a long-term problem via US Top News and Analysis
Inflation pressures in the economy today are temporary and are not long-term problems, according to hedge fund investor Anthony Scaramucci.
4 hours ago
Supply chain disruptions may ease in the second half of 2022, insurer says via US Top News and Analysis
New virus outbreaks and China's zero-Covid policy will continue to stress supply chains for now, a report by trade credit insurer Euler Hermes said.
4 hours ago
Senate votes to block Biden vaccine mandate — but measure is unlikely to become law via US Top News and Analysis
The Senate voted to block President Biden's vaccine mandate on private employers, but the president will likely veto it if it comes to his desk.
9 hours ago
This 41-year-old CEO quit finance to build a multimillion-dollar coffee robot business via US Top News and Analysis
Ex-wealth manager Keith Tan gave up the daily grind in 2015 to create Singapore's first robotic coffee barista.
9 hours ago
Biden to expand federal fleet of EVs in bid to make government carbon-neutral by 2050 via US Top News and Analysis
The White House is set to spend billions of dollars to expand a federal fleet of electric vehicles, upgrade buildings and add clean electricity to the grid.
9 hours ago
Stocks making the biggest moves after hours: GameStop, Lucid Group, RH & more via US Top News and Analysis
Check out the companies making headlines in after-hours trading.
9 hours ago
Instagram CEO leaves option open for kids' version of the app via US Top News and Analysis
Instagram CEO Adam Mosseri did not commit to permanently ending the paused plans to create a version of the platform for kids under 13.
10 hours ago
Pfizer and BioNTech say booster dose provides high level of protection against omicron variant in initial lab study via US Top News and Analysis
A third shot shows virus-fighting abilities comparable with the protection provided by two doses against the original strain of the virus.
11 hours ago
Theranos founder Holmes blasts ex-boyfriend Balwani in final effort to persuade jury before defense rests via US Top News and Analysis
Before Elizabeth Holmes' defense rested in her fraud trial on Wednesday, Holmes took a closing shot at ex-boyfriend Sunny Balwani, Theranos' former president.
11 hours ago
Kohl's CEO Michelle Gass says company is working to understand proposal from activist group via US Top News and Analysis
Kohl's CEO Michelle Gass said the retailer is doing due diligence after receiving a letter from activist group Engine Capital.
11 hours ago
GameStop shares fall as video game retailer reports widening losses in third quarter via US Top News and Analysis
GameStop shares fell after the video game retailer reported that its losses widened in the fiscal third quarter.
11 hours ago
Cramer says wait to buy Sweetgreen despite stock's fall, 'you can afford to take your time' via US Top News and Analysis
Cramer says wait to buy Sweetgreen despite stock's fall, 'you can afford to take your time'
11 hours ago
Jim Cramer sees 2 possible 'speed bumps' for stocks. Here's how he is preparing via US Top News and Analysis
The "Mad Money" host said he's taking profits in some winning positions, so he can take advantage of any near-term weakness.
11 hours ago
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