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Editor’s Pick
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Categories Editor's Pick

John Deere to abandon pride festival sponsorships following online right-wing pressure campaign

Author July 17, 2024

John Deere said Wednesday it would cease lending its name to social events like LGBTQ pride parades — the latest corporation to

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Categories Editor's Pick

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

Author July 17, 2024

Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed. Applications to refinance

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Categories Editor's Pick

Fed Governor Christopher Waller sees central bank ‘getting closer’ to an interest rate cut

Author July 17, 2024

Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are no major

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Categories Editor's Pick

Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates

Author July 17, 2024

Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold futures advanced 1.7% to

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Categories Editor's Pick

GM to increase production of high-performance Cadillac Escalade V8 SUV

Author July 17, 2024

DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model

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Categories Editor's Pick

Shares in gun manufacturers soar after Trump assassination attempt

Author July 17, 2024

Shares in gun manufacturers jumped Monday in the wake of the assassination attempt on former President Donald Trump. Smith & Wesson Brands closed

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Categories Editor's Pick

Jerome Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

Author July 17, 2024

Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates. Speaking at

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Categories Editor's Pick

GM’s 2025 EV production capacity target in doubt after Barra comments

Author July 17, 2024

General Motors’ goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025 in heavily

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Categories Editor's Pick

Dow rallies 700 points for best day in more than a year, Russell 2000 small-cap index jumps 3%

Author July 17, 2024

The Dow Jones Industrial Average advanced to new highs on Tuesday, as the bull market broadened out beyond technology names on hopes of forthcoming

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Categories Editor's Pick

65-year-old quit his job and emptied his life savings to start a business — now he’s worth $11 billion

Author July 17, 2024

This story is part of CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the trajectory of

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