Ukraine drone supplier AeroVironment soars more than 20%, best day in over two years
WASHINGTON — Drone manufacturer shares rallied 20% on Wednesday on the back of better-than-expected fiscal first-quarter results. Wednesday's gain — AeroVironment's biggest since January 2021 — put the stock up 34% for 2023. The stoc...
2023-09-07 10:27:31
Biden 2024 election poll: Trump, economy, old age concerns, inflation
President 's age and his handling of the economy are two of his greatest weaknesses as the 80-year-old incumbent gears up for a possible rematch with former President , a new poll showed Monday. Those major concerns could be what's dragging...
2023-09-06 14:12:26
Proud Boys' Enrique Tarrio gets 22 years in prison for Jan. 6 role
Enrique Tarrio, the former leader of the far-right group , was to 22 years in prison Tuesday after being convicted of seditious conspiracy to disrupt the 2020 presidential certification on Jan. 6, 2021. Tarrio's sentence is four years longe...
2023-09-06 14:12:20
Biden nominates Jack Lew to be U.S. ambassador to Israel
WASHINGTON — President nominated former U.S. Treasury Secretary on Tuesday to serve as ambassador to Israel. Lew, 68, served as treasury secretary between 2013 and 2017. He was also the White House budget director and later chief of staff...
2023-09-06 14:12:15
Biden tests negative for Covid-19 days away from G20 summit
WASHINGTON — President Joe Biden tested negative Monday night for Covid-19, a day after his wife and three days before he is scheduled to travel overseas. Biden is negative and not experiencing any symptoms, White House press secretary K...
2023-09-06 14:12:09
Congress returns with the clock ticking to avert government shutdown
A deeply divided Congress returned Tuesday from a monthlong summer vacation with the clock ticking to pass spending legislation to avoid a government shutdown and boost U.S. emergency response funding following multiple natural disasters. T...
2023-09-06 14:12:04
Trump statements threaten to prejudice D.C. election jury pool
"Daily" statements by former President "threaten to prejudice the jury pool" in the federal case where he is charged with related to trying to reverse his loss in the 2020 election, said Tuesday. Prosecutors made that claim as they pushed b...
2023-09-06 14:11:58
Christie lets Fed off the hook for inflation, blames Trump and Biden
Americans dogged by persistently high prices are finally getting signs of relief as inflation has slowly but steadily cooled over the past year — but that's no thanks to President , according to Republican presidential candidate Chris Chr...
2023-09-06 14:11:53
How Wall Street trades student loans
In this video Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and more info about our products and services. © 2023 CNBC LLC. A...
2023-09-04 17:22:21
Why student loans may be the next bubble
The U.S. has amassed more than in outstanding student debt, according to the Federal Reserve Bank of St. Louis. Billions of dollars worth of student loans are packed and sold as assets known as student loan asset-backed securities to some o...
2023-09-04 17:22:14
Biden admin proposes regulation to eliminate 'gun show loophole'
WASHINGTON — The Biden administration announced Thursday that it is proposing a rule to eliminate the so-called gun show loophole — one of the biggest attempts to regulate the sale of firearms in years. The administration said that new...
2023-09-04 17:22:08
Joseph Stiglitz says the Fed 'didn't do their homework' on inflation
Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and more info about our products and services. © 2023 CNBC LLC. All Rights Rese...
2023-09-04 17:22:02
'Bad economics': Stiglitz explains how the Fed went wrong on inflation
The "didn't do their homework" and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph Stiglitz. U.S. inflation started to gain pace in early 2...
2023-09-04 17:21:56
How to invest in real estate without buying a home
In this video Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and more info about our products and services. © 2023 CNBC LLC. A...
2023-09-04 17:21:50
How Wall Street's REIT giants are reshaping U.S. real estate
In this article U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR's real estate business is one of the big players in th...
2023-09-04 17:21:44