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Earnings

Why Wall Street kept sending the S&P 500, Nasdaq to fresh records this week

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The stock market ended the week higher as Wall Street speculated on how a spate of economic releases would impact the Federal Reserve's next inte...

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Summer travel isn’t as easy as it used to be for airlines

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A passenger looks at aircrafts at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia on July 2, 2025. Charly Triballeau | AFP |...

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Finance

Who will Trump pick for Fed chair? Hear from all the candidates in their own words

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President Donald Trump's short list to replace Jerome Powell as Federal Reserve chair has turned into a long list of nearly a dozen possible cand...

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Economy

Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut

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Economist Marc Sumerlin, one of nearly a dozen reported contenders for Federal Reserve chair, said Thursday he'd be interested in the job and bel...

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Earnings

Is the activist heat on Salesforce ramping back up? The market sure thinks so

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Shares of Salesforce rallied Friday as Wall Street bets that activist pressure may again help revive an otherwise dragging stock. Jeff Smith's St...

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Business

AI is moving into the apartment market, taking over work orders, lease renewals, showings and more

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Angel Santana Garcia | Istock | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Prope...

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Finance

Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move

August 15, 20250

Chicago Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering uncertainty over tar...

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Economy

Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts

August 15, 20250

Wall Street veteran David Zervos added his name Thursday to the list of potential Federal Reserve chairs who think the central bank is past due i...

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Earnings

Applied Materials sinks 13% on weak guidance due to China demand

August 15, 20250

Applied Materials shares plunged more than 13% after the semiconductor equipment maker issued weak guidance as it faces demand pressures in China...

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Business

Insurance firm Gallagher taps pro athletes for summer internships, preparing them for life off the field

August 15, 20250

Insurance firm Gallagher is tapping into a new kind of summer intern: professional athletes.Last year, the insurance giant expanded its internshi...

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