U.S. News
Barkin sees interest rate hikes ahead, but at a gradual pace
In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust.
Figma sinks after earnings beat as company prioritizes long-term growth with AI changes
Figma is letting clients use more artificial intelligence features for the same price. The company would like the move to boost results in the long term.
Qualcomm stock drops 7% on weak earnings forecast as memory shortage weighs on smartphone sales
Qualcomm delivered better-than-expected results but issued a weak earnings forecast.
Snap shares fall over 10% on third-quarter revenue miss
Snap misses on revenue and daily active users in third-quarter earnings reported Wednesday.
Democrats map out an agenda to address affordability and corruption after midterm sweep
In control of Congress, Democrats are preparing to pursue legislation to address affordability, while also trying to rein-in President Donald Trump
Prologis CEO says warehouse demands are shifting fast. Here’s how he’s keeping up
Rising demand for faster deliveries and resilient energy supplies have companies rethinking where their warehouses should be.
SpaceX signs deal with Qualcomm to provide network technology for U.S. mobile service
SpaceX struck a multiyear deal with Qualcomm to build out base stations for its Starlink Mobile cellular network.
Uber beats on revenue, CEO tells CNBC the company is ‘investing significantly’ to add drivers
Uber reported better-than-expected revenue but its mobility unit faced higher fuel costs overseas and tighter driver supply.
Private companies added 86,000 jobs in October, slightly higher than expected, ADP says
Private-sector job growth held steady in October, with gains spread across sectors
Mortgage rates drop for the third straight week, but homebuyers are still leaving the market
Mortgage rates came down again last week, but mortgage demand from homebuyers continued to decline, as high home prices and inflation stretch affordability.
Mortgage rates drop for the third straight week, but homebuyers are still leaving the market
Mortgage rates came down again last week, but mortgage demand from homebuyers continued to decline, as high home prices and inflation stretch affordability.
CVS to split off drugstore business in major breakup of healthcare giant
The move would reverse the company’s $78 billion acquisition of Aetna, and dismantle the vertically integrated healthcare conglomerate it created in 2018.
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