U.S. Federal Reserve Chair Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged,...

How some venture capitalists are trying to lift the profile of LGBTQ+ founders

Raising capital remains an enduring obstacle for LGBTQ+ entrepreneurs. Some venture capitalists are trying to change the equation and are backing minority founders...

Nike warns of guidance cut as it posts slowest annual sales gain in 14 years

Nike on Thursday reported its slowest annual sales growth in 14 years, excluding the Covid-19 pandemic, as the sneaker giant warned of "challenges"...

There’s a big Fed inflation reading coming Friday. Here’s what to expect

People purchase beverages in a store on a sweltering afternoon in Brooklyn, New York, on the first day of summer on June 21,...

Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs

A Thursday investor event for Rivian Automotive that focused on cost-cutting efforts, efficiency gains and in-house technologies and software wasn't enough to build...

Home prices begin to cool as active listings jump 35%

A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBCSome of the heat is coming out of home...

OpenAI and Time strike multiyear deal to improve ChatGPT with journalistic content

Budrul Chukrut | Lightrocket | Getty ImagesOpenAI and Time magazine on Thursday announced a "multi-year content deal" that will allow OpenAI to access current...

How Walmart-owned Sam’s Club is trying to take on Costco’s private label Kirkland

Stuck at home during the Covid pandemic, Megan Crozier needed a way to keep her two young children entertained. She bought an inflatable...

SpaceX is building a NASA craft to intentionally destroy the International Space Station after retiring

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024.Maxar Technologies | Via ReutersNASA...

Amazon plans to launch discount store in bid to fend off Temu and Shein

An Amazon contract worker stacks packages onto a luggage cart outside an apartment building in New York on April 16, 2024.Angus Mordant |...

Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn

Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the recent...