GM to invest more than $2 billion in the U.S. to increase EV production

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August...

Doctors Should Watch for Punctured Lungs in COVID Patients

By Robert Preidt HealthDay Reporter ...

Trump’s Cabinet should invoke 25th Amendment to remove him from office

Former Defense Secretary William Cohen told CNBC on Wednesday that President Donald Trump's Cabinet should invoke the 25th Amendment to remove him from...

COVID-19

POLITICS

Former Afghanistan commander Stanley McChrystal endorses Joe Biden

General Stanley McChrystalKevin Lamarque | ReutersWASHINGTON — Retired Army Gen. Stanley McChrystal endorsed Democratic nominee Joe Biden for president on Thursday, saying that the nation needed a commander in chief that was "humble enough to understand that they are a servant."McChrystal...

Goldman Sachs says Democratic sweep would lead to more stimulus

A Democratic "blue wave" in November could unleash the fiscal floodgates and fuel the amount of stimulus flowing from Washington, Goldman Sachs told its clients on Monday.The bank's chief economist, Jan Hatzius, wrote in a note that a large Democratic...

National Guard mobilized for 30 days, including Biden inauguration

DC National Guard guardsmen stand outside the U.S. Capitol on January 07, 2021 in Washington, DC.John Moore | Getty ImagesWASHINGTON — Secretary of the Army Ryan McCarthy said Thursday that the intelligence law and Defense officials had prior to the riot...

National Guard heads to Capitol after rioters overrun Electoral College count

The National Guard and state forces responded at the U.S. Capitol on Wednesday after pro-Trump rioters overran the building during the Electoral College vote count.The Washington D.C. National Guard force of about 1,100 was mobilized to help federal law enforcement...

DOJ seeks to intervene in suit by E. Jean Carroll

President Donald Trump rape accuser E. Jean Carroll and her lawyers arrive for her hearing at federal court during the coronavirus disease (COVID-19) pandemic in the New York, October 21, 2020.Carlo Allegri | ReutersA Manhattan federal court hearing for a...

Georgia runoffs are warning for Republicans

GOP pollster and strategist Frank Luntz told CNBC on Wednesday that the Democratic Party's strong showing in the Georgia Senate runoffs deliver a clear warning to Republicans."Georgia has not had two Democratic senators in decades, but they look like they've...

North Dakota man who died of Covid-19 wins seat in state legislature

Voters enter a early voting site inside the Bismarck Event Center as the coronavirus disease (COVID-19) outbreak continues in Bismarck, North Dakota, October 26, 2020.Bing Guan | ReutersA North Dakota Republican who died of Covid-19 last month has won a...

Schumer, McConnell to speak about Trump impeachment trial, Senate control

Senate Minority Leader Charles Schumer, D-NY, (R) stands with Senate Majority Leader Mitch McConnell, R-Ky., (L) as they attend the Electoral College vote certification for President-elect Joe Biden, during a joint session of Congress at the US Capitol in Washington,...

Biden says ‘it’s an embarrassment’ that Trump won’t concede with transition under way

U.S. President-elect Joe Biden talks about protecting the Affordable Care Act (ACA) as he speaks to reporters with Vice President-elect Kamala Harris at this side about their "plan to expand affordable health care" during an appearance in Wilmington, Delaware, U.S.,...

Momentum shifts on Covid stimulus

The tide on Capitol Hill is shifting in favor of compromising to pass a new economic stimulus package to help Americans and U.S. small businesses struggling due to the coronavirus pandemic, the co-chairs of the bipartisan House Problem Solvers Caucus...

Trump transition delay risks Covid response, U.S. security

President Donald Trump's decision to delay the transition of power to President-elect Joe Biden is "fundamentally irresponsible" and will complicate the U.S. response to the coronavirus pandemic, former Treasury Secretary Jack Lew told CNBC.Lew, who served alongside then-Vice President Biden...

Neera Tanden, Biden’s OMB pick, could face scrutiny for Wall Street ties

President-elect Joe Biden's choice to lead the Office of Management and Budget has been a political insider for well over a decade, and the alliances she has developed as an influential leader within the Democratic Party could come under scrutiny...

WORLD NEWS

Home prices suddenly see biggest gains in 2 years

Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018.Nationally, home prices in July were 5.5% higher than in 2019. That is a marked increase from the 4.3%...

European stocks climb amid hopes for Brexit trade deal

European stocks traded higher in a light trading session Thursday as traders grew optimistic a Brexit trade deal would be reached.Britain's FTSE 100 climbed 0.5% while France's CAC added 0.3%. The German and Italian markets are closed for Christmas Eve.British...

China’s economy is still months away from a full recovery, business survey finds

Containers and trucks at the port of Qingdao, China on February 14, 2019.ReutersBEIJING — China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released Tuesday.After about...

DOJ sues Facebook for allegedly discriminating against US workers

Facebook employees relax with a game of ping-pong on campus.Kim Kulish | Corbis | Getty ImagesFacebook faces a new lawsuit from the Department of Justice alleging it discriminated against U.S. workers by reserving positions for temporary visa holders, the agency...

Apple CEO Tim Cook: Hold Capitol insurrectionists accountable

Apple CEO Tim Cook speaks at the TIME 100 Summit on April 23, 2019 in New York City.Spencer Platt | Getty ImagesApple CEO Tim Cook...

Airbnb received cloud contract extension, S-1 reveals

Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange...

California’s Covid surge forces trial delay of Theranos Elizabeth Holmes

Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert...

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Top News

Oil breaks above $50 for the first time since February

U.S. West Texas Intermediate crude futures, the U.S. oil benchmark, broke above $50 on Tuesday for the first time since February. The price...

Stocks enter the manic, exuberant bull market stage, but that doesn’t mean it’s near ending

Traders work on the floor of the New York Stock Exchange.NYSEWall Street needed no warm-up to get rolling into 2021. Investors are limber, money...

Elon Musk cuts Tesla Model S price twice in one week

Tesla CEO Elon Musk cut the price of the company's flagship sedan, the Model S, for the second time within one week on...

Facebook to reinstate political ad ban in Georgia following Senate runoff elections

Facebook CEO Mark Zuckerberg is seen testifying remotely during a Senate Judiciary Committee hearing titled, "Breaking the News: Censorship, Suppression, and the 2020...

Democratic governors accuse Trump administration of misleading them about vaccine stockpile

Several Democratic governors are criticizing the Trump administration for apparently misleading public health officials about holding a stockpile of Covid-19 vaccines in reserve.Health...

Facebook offered to license code before antitrust charges

Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol...

Former NFL linebacker Darryl Sharpton is now thriving with an online furniture business 

Darryl Sharpton #51 of the Houston Texans against the Tennessee Titans at LP Field on October 23, 2011 in Nashville, Tennessee.Grant Halverson |...

Hong Kong leads the world’s most expensive cities for expats in 2020

Hong Kong has once again ranked as the most expensive city in the world for expats.The financial hub retained its pricey status in...
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Adobe, FedEx, Nikola and more

Check out the companies making headlines after the bell:FedEx — Shares of the shipping company jumped more than 8% in extended trading after beating...

U.S. Steel, Tesla, Unity Software, Beyond Meat & more

CEO of Tesla Motors Elon Musk reacts following the company's initial public offering at the NASDAQ market in New York June 29, 2010Brendan...

Intel, Mattel, Gilead Sciences & more

A visitor at Intel's Artificial Intelligence (AI) Day walks past a signboard during the event in Bangalore, IndiaManjunath Kiran | GettyCheck out the...

Tilray, Twitter, United Airlines, Chipotle, Moderna & more

A security guard stands in a greenhouse of Tilray medical cannabis producer's European production site in Cantanhede, on April 24, 2018.Patricia De Melo...

Investors are buying the dip for now, but the market rout is likely not over

A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan,...