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3 mins read

Trump says he has 'no choice' but to support electric vehicles because Elon Musk 'endorsed me very strongly'

Donald Trump said he has "no choice" but to support electric vehicles thanks to Elon Musk's endorse…

Kenneth Niemeyer   


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2 mins read

Stock market today: Stocks snap the 9-day rally as investors gear up for key labor report

The S&P 500 failed to extend its rally to a ninth day. Investors are adrift while they wait for new…

Filip De Mott   


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2 mins read

Stock market today: Stocks soar as investors cheer soft PPI and brace for consumer inflation data

Stocks surged as investors were encouraged by cooler producer inflation. The Dow rose 400 points an…

Filip De Mott   


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2 mins read

Stock market today: Indexes climb as producer inflation comes in cool

Stocks jumped after a cool PPI reading for July, setting the stage for consumer price inflation to …

Max Adams   


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5 mins read

Bitcoin's back on top, but it's not a boon for everyone in the space

In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this ti…

Dan DeFrancesco   


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2 mins read

Nasdaq tumbles 3% in worst day of the year amid tech-earnings rout

The Nasdaq dropped sharply as earnings from Tesla and Google's parent, Alphabet, missed investors' …

Jennifer Sor   


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3 mins read

Mark Cuban says Silicon Valley's bet on Trump is a 'bitcoin play'

Cuban said that tech executives aren't drawn to Trump because he is a "far stronger proponent of cr…

Kwan Wei Kevin Tan   


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3 mins read

The Trump trade is in full swing as markets react to the attempted assassination of the former president

Markets adjusted to the outlook for a second Trump term as betting odds rose in favor of the former…

Huileng Tan   


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2 mins read

Stock market today: S&P 500 closes at a fresh record above 5,600 as traders brace for June inflation

The S&P 500 closed above 5,600 for the first time and the Dow soared 430 points. Economists expect …

Jennifer Sor   


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8 mins read

Why Jack Dorsey's failure led to Elon Musk's arrival at Twitter

In "Battle for the Bird," author Kurt Wagner shows how a checked-out Jack Dorsey left an opening fo…

Peter Kafka   


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1 min read

Dogecoin spikes as Elon Musk says the meme token could pay for Tesla cars one day

"Dogecoin's coming back," Musk said at an event at Tesla's Berlin gigafactory.

Jennifer Sor   


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2 mins read

Stock market today: US stocks end the week higher after cool inflation, Apple AI hype

The Nasdaq 100 closed at a record high every day this week amid continued investor excitement towar…

Matthew Fox   


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2 mins read

Stock market today: Indexes edge lower after hitting records on cooling inflation

Outgoing Fed President Loretta Mester told CNBC on Friday that recent disinflation data supports th…

Matthew Fox   


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2 mins read

Stock market today: Stocks edge higher to close at a record after upbeat producer inflation data

Stocks rose but pared gains from earlier in the day. The 10-year Treasury dropped after May PPI boo…

Max Adams,Filip De Mott   


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2 mins read

Stock market today: US stocks climb as wholesale inflation data shows big cooldown in prices

The producer price index notched its biggest decline since October, boosting hopes that the Fed has…

Filip De Mott   


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2 mins read

Every celebrity and tech exec spotted at the Super Bowl, from Taylor Swift to Elon Musk

The Super Bowl was a celeb-dotted event. Taylor Swift, Beyoncé, and Elon Musk were all in attendanc…

Marielle Descalsota   


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2 mins read

Stock market today: S&P 500 and Nasdaq close at record highs ahead of Fed meeting, May inflation report

Stocks rose ahead of the Fed's two-day policy meeting. Apple slipped 2% as the company unveiled its…

Matthew Fox   


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1 min read

Bitcoin plunges more than 10% after Elon Musk's SpaceX reportedly sold the cryptocurrency

The Wall Street Journal reported that SpaceX wrote down the value of its bitcoin holdings by a tota…

Matthew Fox   


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2 mins read

Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks

US stocks finished the week more than 1% higher despite Friday's slight decline following a mixed M…

Matthew Fox   


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1 min read

Stock market today: US stocks drop, bond yields jump after strong jobs report

"Even though the unemployment rate rose, the big picture is that it's hard to see the consumer as b…

Matthew Fox