Economy
Stocks making the biggest moves premarket: Tesla, Centene, JPMorgan, Cava and more
Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delievered 384,000 vehicles during the period, a 14% decline from a year ago, but analysts were estimating 387,000 deliveries, according to FactSet. This is its […]
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Amazon deploys its 1 millionth robot in a sign of more job automation
An Amazon logistics center in Mecklenburg-Western Pomerania, Dummerstorf, Germany, on Nov. 27, 2024. Picture Alliance | Picture Alliance | Getty Images Amazon announced Monday its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model. The move comes at a time when more tech companies are […]
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Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’
William_potter | Istock | Getty Images The latest version of U.S. President Donald Trump’s “big beautiful bill” could make it cheaper for semiconductor manufacturers to build plants in the U.S. as Washington continues its efforts to strengthen its domestic chip supply chain. Under the bill, passed by the Senate Tuesday, tax credits for those semiconductor […]
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House Republicans take up Trump’s megabill, but still need more votes to pass it
US House Speaker Mike Johnson, a Republican from Louisiana, speaks to members of the media at the US Capitol in Washington, DC, US, on Friday, June 27, 2025. Graeme Sloane | Bloomberg | Getty Images The House of Representatives on Tuesday took the reins of President Donald Trump’s megabill, after the Senate narrowly passed it […]
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Stocks making the biggest moves midday: Tesla, Tandem Diabetes, GE Vernova, Hasbro and more
Check out the companies making the biggest moves midday: Diabetes tech stocks — The Centers for Medicare & Medicaid Services is proposing a rule change that could change the reimbursement rates for continuous glucose monitors and insulin pumps. The news sent shares of diabetes tech stocks lower. Tandem Diabetes Care and Beta Bionics tumbled 4% […]
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Trump’s bill gets a boost as Senate Republicans say they have a deal
U.S. Senate Majority Leader John Thune (R-SD) walks to the Senate floor as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | Reuters “I believe we do,” Thune said, when asked by reporters if Republicans have reached a […]
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Powell confirms that the Fed would have cut by now were it not for tariffs
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary […]
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Watch Fed chief Jerome Powell speak at an ECB panel in Portugal
[The stream is slated to start at 9:30 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Chairman Jerome Powell is set to speak at a European Central Bank forum on Tuesday. The panel, which is slated for […]
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Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns
The U.S. Capitol in Washington, D.C. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s “big, beautiful bill” — or officially, the One Big Beautiful Bill Act — is a controversial piece of legislation, but some banks are in favor of it, saying it’s the shot in the arm the economy needs. It was advanced […]
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Stocks making the biggest moves premarket: Tesla, Sweetgreen, Hasbro, AeroVironment and more
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker shed 6% after President Donald Trump suggested that the U.S. Department of Government Efficiency look at subsidies for Tesla CEO Elon Musk ‘s companies for potential cost-cutting measures. Trump’s comments came after Musk again criticized the president’s tax-and-spending bill . […]
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