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10-year Treasury yield rebounds after hitting its lowest level in more than a year

Treasury yields bounced back on Tuesday as investors closely monitored a reversal of the previous day's global market sell-off.The yield on the benchmark...

OpenAI co-founder John Schulman says he will leave and join rival Anthropic

The ChatGPT chat screen on a smartphone arranged in the Brooklyn borough of New York, US, on Thursday, March 9, 2023. ChatGPT has...

San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy conference in...

Here are all the reasons why Monday’s major market wreck is happening

Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. Spencer Platt | Getty...

JPMorgan Chase is opening more small-town branches in middle America

Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with...

Watch now: ETF Edge on bonds’ mission amidst the massive market sell-off

CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a...

Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says

A pedestrian walks past a display board showing the morning numbers on the Tokyo Stock Exchange along a street in Tokyo on August...

Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’

Austan Goolsbee, speaking at Jackson Hole, August 8, 2023.David A. Grogan | CNBCChicago Federal Reserve President Austan Goolsbee on Monday vowed that the...

Why pharmacy chains like Walgreens and CVS are shuttering locations

In its fiscal third-quarter earnings report to investors in late June, pharmacy chain Walgreens announced plans to close a "significant" number of its...

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

A lifeguard works at the beach at Coney Island on June 15, 2023 in the Brooklyn borough of New York City.Spencer Platt |...

How sustainable diaper brand Kudos is taking on industry giants — with a Target rollout

Kudos diapers founder Amrita Saigal with her daughterCourtesy: KudosThroughout modern history, parents have only had one real option when it comes to disposable...

Eli Lilly’s Zepbound and Mounjaro now available in U.S. after shortages, FDA says

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, Dec. 11, 2023.Brendan McDermid | ReutersAll doses...

Mortgage rates plunge to the lowest level in over a year after weak employment report

A for sale sign in front of a home in Arlington, Virginia, on August 22, 2023.Andrew Caballero-Reynolds | AFP | Getty ImagesThe average...

Jeff Bezos’ family office is making big investments in AI

Jeff Bezos at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho.David Grogan | CNBCA version of...

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