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55-year-old Americans are ‘critically underprepared’ for retirement, survey finds

Americans with about 10 years to go before reaching retirement age are "critically underprepared," according to a new study by Prudential.The study found...

Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work

Bing Guan | Bloomberg | Getty ImagesMorgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is...

Southwest Airlines cuts revenue forecast

A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii.Kevin Carter...

Both mortgage rates and weekly mortgage demand are stuck in place, suggesting a slow summer housing market

An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois.Scott Olson |...

FedEx shares jump after hours as massive cost-cutting measures kick in

A pedestrian walks by a parked FedEx delivery truck on March 21, 2024 in San Francisco, California.Justin Sullivan | Getty ImagesFedEx shares soared...

Rivian shares soar 30% after Volkswagen takes $1 billion stake

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.Joel Angel Juarez | ReutersVolkswagen...

Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation

Joseph StiglitzCameron Costa | CNBCSixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former...

U.S. auto sales are expected to slow during the second half of 2024

Cars sit on a Chevrolet dealership's lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider...

Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim

The Tesla Cybertruck is unveiled at Tesla's design studio on Nov. 21, 2019, in Hawthorne, Calif. Ringo H.W. Chiu | APTesla has issued two...

Judges halt key parts of Biden’s student loan forgiveness, repayment plan — risking relief for millions

The U.S. Department of Education in Washington, D.C.Caroline Brehman | CQ-Roll Call, Inc. | Getty ImagesTwo federal judges in Kansas and Missouri have...

VW updates 2025 Jetta to boost sales of the brand’s entry-level car

Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns.The entry-level version of the Jetta with...

How Delta made itself America’s luxury airline — and what United wants to do about it

An Airbus A330-323 aircraft, operated by Delta Air Lines.Benoit Tessier | ReutersDelta Air Lines is the country's most profitable airline. CEO Ed Bastian's...

Wisconsin wants to be tech mecca. After Foxconn broken promises, the state and Microsoft say this time is for real

President Joe Biden speaks about his Investing in America agenda, at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024, highlighting a...

Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve

Michelle Bowman, governor of the US Federal Reserve, speaks during the Exchequer Club meeting in Washington, DC, US, on Wednesday, Feb. 21, 2024. Kent...

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