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Created: Fri, 03 Feb 2023 22:29:22 GMT
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Cost cuts have replaced growth on Wall Street's checklist, and tech executives are being celebrated for efficiency over innovation.
Created: Fri, 03 Feb 2023 19:53:44 GMT
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Leisure and hospitality saw an increase of 128,000 jobs in the month, led by 99,000 jobs in restaurants and bars alone.
Read more: Here’s where the jobs are for January 2023 — in one chart
Created: Fri, 03 Feb 2023 23:43:35 GMT
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Tesla CEO Elon Musk was found not liable in a shareholder class action suit stemming from 2018 tweets in which he said he was considering taking Tesla private.
Created: Fri, 03 Feb 2023 17:54:58 GMT
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The EV tax credit change follows Tesla CEO Elon Musk publicly criticizing the former standards as well as GM and Ford lobbying to adjust the guidelines.
Read more: Biden administration expands EV tax credits in boost for Tesla, Cadillac, others
Created: Fri, 03 Feb 2023 21:46:49 GMT
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An appearance by Federal Reserve Chairman Jerome Powell Tuesday could be among the newsiest events for markets in the week ahead.
Read more: Earnings and Fed Chair Powell will again drive markets in the week ahead
Created: Fri, 03 Feb 2023 22:34:17 GMT
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Traders assessed a strong U.S. jobs report that suggest higher rates for longer, as well as disappointing tech earnings.
Read more: Stocks fall on Friday, but S&P 500 notches winning week as strong 2023 continues
Created: Fri, 03 Feb 2023 22:13:58 GMT
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Ford liquidated most of its ownership stake last year in EV maker Rivian Automotive.
Read more: Ford sold 91 million shares of EV startup Rivian last year
Created: Fri, 03 Feb 2023 22:49:12 GMT
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Secretary of State Antony Blinken will postpone his trip to China next week after a suspected Beijing-operated spy balloon looming over parts of Montana.
Read more: Blinken tells China its spy balloon was ‘irresponsible’ after canceling Beijing trip
Created: Fri, 03 Feb 2023 11:07:33 GMT
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CEO Jim Farley wants Ford to become a far more efficient company, and he needs it to happen quickly.
Read more: Ford CEO Jim Farley's frustration builds as he vows to transform the automaker
Created: Fri, 03 Feb 2023 23:09:25 GMT
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EU officials are likely to pour some cold water on Ukraine's membership hopes, as many reforms are still required in order to meet the bloc's requirements.
Created: Fri, 03 Feb 2023 17:58:53 GMT
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Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
Created: Fri, 03 Feb 2023 15:48:19 GMT
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Airbnb is looking to further curb bad behavior on its platform by requiring that all hosts and users officially verify their identities.
Read more: Airbnb is making a simple, but big booking change bringing it closer to hotel check-in
Created: Fri, 03 Feb 2023 21:37:40 GMT
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Investors should be happy with the gains they reaped from a January rally that wasn't justified by fundamentals, according to Lisa Shalett.
Read more: Morgan Stanley's Shalett advises investors to beware this bear market rally
Created: Fri, 03 Feb 2023 21:47:12 GMT
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Ford Motor (F)'s CEO said the automakers' messy fourth quarter was a function of its transition to a new business structure that limited production.
Read more: Ford's CEO needs to deliver by next quarter, or we're moving on from the stock
Created: Fri, 03 Feb 2023 23:46:34 GMT
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Jim Cramer also gave his thoughts on companies slated to report earnings next week, including Disney, Tyson Foods, PepsiCo and more.
Read more: Cramer’s week ahead: Take advantage of the bull market by selling some shares
Created: Fri, 03 Feb 2023 19:19:28 GMT
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Federal student loan bills may not resume until August or September, said higher education expert Mark Kantrowitz. Here's what borrowers need to know.
Created: Fri, 03 Feb 2023 21:17:25 GMT
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While the odds of an audit have been low, your return may get flagged for several reasons, tax experts say. Here's what filers need to know.
Read more: Don't risk a tax audit. Here are four reasons the IRS may flag your return
Created: Fri, 03 Feb 2023 20:00:01 GMT
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Andrew Thurman, head of content at Nansen, discusses the analytics firm's research on liquid staking and what to expect from the Ethereum network's next upgrade.
Created: Fri, 03 Feb 2023 22:10:44 GMT
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WWE Chairman Vince McMahon is open to leaving the company forever if he finds the right sale, CEO Nick Khan told CNBC.
Read more: Vince McMahon open to leaving WWE for good if he sells the company, CEO Nick Khan says
Created: Fri, 03 Feb 2023 22:19:15 GMT
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The words "Santos is," followed by the words for a scatalogical expletive, were found written on Santos' local office in gold spray paint, the NYPD said.
Read more: New York office of Rep. George Santos vandalized with graffiti, police say
Created: Fri, 03 Feb 2023 20:34:06 GMT
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On Thursday, Hong Kong's leader John Lee announced the city is giving away 500,000 flights in an effort to revive its economy after strict pandemic policies.
Read more: Hong Kong is giving away 500,000 flights this year—here’s what to know
Created: Fri, 03 Feb 2023 20:20:48 GMT
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Here's how new investors can get started with a 60/40 portfolio after one of its roughest years yet.
Read more: 4 simple ways beginner investors can build the classic 60/40 portfolio
Created: Fri, 03 Feb 2023 21:55:44 GMT
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Job and wage growth are strong, layoffs are low and workers are quitting at high rates. Here's what to know about a trove of labor data issued this week.
Created: Fri, 03 Feb 2023 19:35:28 GMT
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Ten stocks named by the Swiss bank sport dividend yields above the S&P 500 average.
Read more: UBS says seek income as market upside is over and names 10 attractive dividend payers
Created: Fri, 03 Feb 2023 21:04:10 GMT
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Watching the employment data for Black workers can give a closer look at the relative strength of the U.S. economy
Read more: Why Black workers are the canary in the coal mine for the U.S. economy
Created: Fri, 03 Feb 2023 19:53:53 GMT
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January's jobs data shows the unemployment rate fell for Black women. A tight labor market may be playing a role.
Read more: Black women are gaining ground in the labor market but still face unique barriers
Created: Fri, 03 Feb 2023 16:08:10 GMT
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Inflation and higher interest rates boosted credit card debt to a record $930.6 billion at the end of 2022, a 18.5% jump from a year earlier, TransUnion found.
Read more: U.S. credit card debt jumps 18.5% and hits a record $930.6 billion
Created: Fri, 03 Feb 2023 19:58:02 GMT
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Legislation passed in 2020 eliminates the coverage delays that some beneficiaries have faced when they enrolled in Medicare, effective this year.
Read more: Before you enroll in Medicare, what to know about new rules that eliminate coverage gaps
Created: Fri, 03 Feb 2023 17:00:01 GMT
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UPS and the Teamsters will begin talks over a new union contract in April. The union said it would be prepared to strike if no deal is reached.
Read more: UPS and the Teamsters prepare for high-stakes talks with union contract set to expire
Created: Fri, 03 Feb 2023 19:07:27 GMT
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The activist investor is building a stake in the department store chain as he looks to shake up its board, people familiar with the matter told CNBC.
Read more: Nordstrom could use an activist, but Ryan Cohen might not be the right one