Press Releases

Sen. Elizabeth Warren (L), and Treasury Secretary Scott Bessent during a Senate Banking Committee hearing on Feb. 5th, 2026. Getty Images | Reuters Treasury Secretary Scott Bessent on Thursday refused to rule out the possibility of a criminal investigation of Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, if Warsh ends up refusing to […]

Sen. Elizabeth Warren (D-MA) (L), and Sheikh Tahnoon bin Zayed Al Nahyan Getty Image | Reuters Sen. Elizabeth Warren, D-Mass., will ask the Senate on Thursday to condemn and call for the reversal of the sale of 500,000 advanced artificial intelligence chips to the United Arab Emirates. Warren’s resolution, shared exclusively with CNBC, comes after

An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty Images Layoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday. U.S. employers announced 108,435 layoffs

The Shell petrol station is at 106 Old Brompton Road in the Royal Borough of Kensington and Chelsea, London, England, United Kingdom, on December 25, 2025. Nurphoto | Nurphoto | Getty Images British oil major Shell on Thursday reported its weakest quarterly profit in nearly five years, amid a weaker crude price environment and unfavorable

A mugshot of Jeffrey Epstein released by the U.S. Justice Department. Source: U.S. Justice Department Brad Karp, chairman of the major corporate law firm Paul Weiss, resigned that post on Wednesday after fallout over emails between him and notorious sex offender Jeffrey Epstein were made public. “Leading Paul, Weiss for the past 18 years has

Senator Tim Scott, a Republican from South Carolina and chairman of Senate Banking, Housing, and Urban Affairs Committee, during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images Sen. Tim Scott, R-S.C., said Wednesday he does not think Federal Reserve Chairman Jerome Powell committed any

Gary Smith, chief executive officer and president of Ciena Corp., speaks during a Bloomberg Television interview in New York on June 14, 2013. Scott Eells | Bloomberg | Getty Images Networking hardware maker Ciena will join the S&P 500, returning to the benchmark after getting booted 17 years ago. The stock rose in extended trading.

U.S. President Donald Trump speaks before signing executive orders in the Oval Office in the White House in Washington, DC, on Jan. 30, 2026. Annabelle Gordon | Afp | Getty Images President Donald Trump said in a new interview on Wednesday that he will not be involved in the fight between Netflix and Paramount Skydance

Broadcom shares climbed 6% in extended trading Wednesday after Google reported earnings and surging capital expenditures for artificial intelligence. Google said Wednesday that it expects to spend as much as $185 billion on capital expenditures this year, which is nearly double what it spent last year. Ben Reitzes, Melius Research head of technology research, said

Evan Spiegel, CEO of Snap Inc. attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 9, 2025. David A. Grogan | CNBC Snap shares were up over 5 percent in after-hours trading on Wednesday after the Snapchat-parent released fourth-quarter earnings