Beta Technologies shares surged more than 9% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over…
Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Francis Chung | Bloomberg | Getty Images President Donald Trump knows who he’s going to select as the next Federal Reserve chair but isn’t saying yet. Prediction markets…
A shopper exits a Costco store in Centerville, Ohio, US, on Tuesday, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images Costco is suing the Trump administration to get a full refund of new tariffs already paid by the warehouse retail giant this year, and to block those import duties from continuing to be…
Alina Habba, speaks after being sworn in as US Attorney General for New Jersey, in the Oval Office of the White House in Washington, DC, on March 28, 2025. Saul Loeb | Afp | Getty Images Alina Habba, President Donald Trump‘s pick to serve as New Jersey‘s top federal prosecutor, remains disqualified from serving in…
Man planning home budget and using calculator Rockaa | E+ | Getty Images Many student loan borrowers could soon have access to lower monthly payments, as the U.S. Department of Education finishes implementing changes to one of its repayment plans. Previously, borrowers needed to prove a “partial financial hardship” — or income below a certain…
After a battle over immigration policies and international student visas, fewer new international students chose to study on U.S. college campuses this fall, which comes at a significant economic cost. In the fall 2025 semester, the tally of new international students studying in the U.S. sank 17%, according to a fall snapshot from the U.S. Department of…
U.S. President Donald Trump speaks with members of the media following a call with military service members, on Thanksgiving, in Palm Beach, Florida, U.S., Nov. 27, 2025. Anna Rose Layden | Reuters The White House on Friday evening named the Boston Globe, CBS News and The Independent as “media offender of the week,” blasting their…
U.S. President Donald Trump shows a printed photo during a call with service members from his Mar-a-Lago residence in Palm Beach, Florida, on Nov. 27, 2025, during the Thanksgiving holiday. US President Donald Trump said Thursday that Sarah Beckstrom, one of the two National Guard troops shot a day earlier near the White House, had…
A woman puts money into a Salvation Army red kettle outside of Giant Supermarket in Alexandria, Virginia on November 22, 2023. Eric Lee | The Washington Post | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to…
Carly Xie looks over facial mask items at the Face Shop, which specializes in Korean cosmetics, in San Francisco, April 15, 2015. Avila Gonzalez | San Francisco Chronicle | Hearst Newspapers | Getty Images On a recent Saturday at an Ulta Beauty store in midtown Manhattan, Denise McCarthy, a mother in her 40s, stood in…
