Federal Reserve chair Jerome Powell speaks at a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Dec. 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Justice Department’s criminal investigation of Federal Reserve Chair Jerome Powell may, at first glance, seem far removed from consumers’ finances —…
Paramount Skydance is suing Warner Bros. Discovery and CEO David Zaslav as its latest step in a hostile pursuit to acquire WBD, CEO David Ellison outlined in a letter to WBD shareholders on Monday. The lawsuit asks a Delaware court to direct Warner Bros. Discovery to provide information about its sale process and pending deal…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Google parent company Alphabet has become the fourth member of the $4 trillion club. Alphabet shares popped 1% Monday, after Apple said it would use Google’s…
U.S. Senator Lisa Murkowski (R-AK) walks after the Senate passes U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Elizabeth Frantz | Reuters Republican protests are growing louder on Capitol Hill as the Trump administration’s Department of Justice pursues a criminal investigation into Federal Reserve…
Sen. Mark Kelly on Monday sued the Pentagon and Secretary of Defense Pete Hegseth, alleging the Trump administration’s efforts to punish the Arizona Democrat for his participation in a video to U.S. troops violate the Constitution. The federal civil lawsuit in U.S. District Court in Washington was filed one week after Hegseth said his department…
Precious metals are jumping to records. The U.S dollar is dropping. Stocks are choppy. Monday is all about the “Sell America” trade after Federal Reserve Chair Jerome Powell’s bombshell announcement that he’s under criminal investigation — which market participants see as a sign of President Donald Trump‘s interest in stripping away the central bank’s political…
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump will face an important obstacle — from within his own party — as he seeks…
Apple is joining forces with Google to power its artificial intelligence features for products such as Siri later this year. The multi-year partnership will lean on Google’s Gemini models and cloud technology for future Apple foundational models, according to a statement obtained by CNBC’s Jim Cramer. “After careful evaluation, we determined that Google’s technology provides…
(L-R) Wells Fargo CEO and President Charles Scharf, Brian Bank of America Chairman and CEO Thomas Moynihan, JPMorgan Chase Chairman and CEO Jamie Dimon, Citigroup CEO Jane Fraser, State Street CEO Ronald OÕHanley, BNY Mellon CEO Robin Vince, Goldman Sachs CEO David Solomon and Morgan Stanley CEO James Gorman, testify during a Wall Street oversight…
D3sign | Moment | Getty Images Read more CNBC personal finance coverage This is one of the ‘most important steps’ before tax season opens, IRS says How tax-efficient investing could boost your portfolio returns in 2026 and beyond For 2026, these new 401(k) details ‘matter more than ever,’ advisor says We’re in a ‘hiring recession,’…
