US News

General Motors Chairman and CEO Mary Barra on April 1, 2020 tours one of the company’s facilities in Warren, Michigan that will produce Level 1 face masks. GM DETROIT – General Motors is expected to report another quarterly profit Wednesday before the markets open – a familiar scenario for investors of the automaker in recent

President Joe Biden makes his way to board Air Force One before departing from Andrews Air Force Base in Maryland on February 5, 2021. Mandel Ngan | AFP | Getty Images The Biden administration will “begin the transition process” of removing all Senate-confirmed U.S. attorneys appointed during the Trump administration, with two exceptions, a senior

Richard Besser, who served as acting director of the Centers for Disease Control and Prevention under former President Barack Obama, said the U.S. is better off continuing to focus on getting patients both doses of the Covid-19 vaccine despite the slow rollout. On CNBC’s “The News with Shepard Smith,” Besser agreed with comments made earlier

Dr. Scott Gottlieb told CNBC on Monday he expects Covid vaccine eligibility in the U.S. to be expanded significantly by April, suggesting the move will be necessary due to a lack of Americans wanting to receive the shots. “I think we’re going to run out of demand sooner than we think. I suspect that in some point

The mutant coronavirus strain first identified in the United Kingdom remains at low levels in the United States but is doubling its reach approximately every 10 days, according to a study published by researchers on Sunday. The study bolstered modeling done by the Centers for Disease Control and Prevention, which predicted last month that the

President Xi Jingping. Getty Images WASHINGTON – President Joe Biden said his administration was ready for “extreme competition” with China but that his approach would be different than his predecessor. “I’m not going to do it the way Trump did. We are going to focus on the international rules of the road,” Biden told in

Sen. Bernie Sanders (I-VT) speaks during the confirmation hearing for Secretary of Energy nominee Jennifer Granholm before the Senate Committee on Energy and Natural Resources on Capitol Hill January 27, 2021 in Washington, DC. Pool | Getty Images News | Getty Images Sen. Bernie Sanders said Sunday that he opposes cutting the income threshold for

Bruce Springsteen stars and narrates a two-minute Super Bowl ad called “The Middle” for Jeep. Screenshot Bruce Springsteen is encouraging Americans to meet “in the middle” during a Super Bowl LV ad for Jeep – his first-ever appearance in a commercial. The iconic musician, known as “The Boss,” stars in and narrates the scenic two-minute

External View of the Apple store on Fifth Avenue on August 19, 2020 in New York City. VIEW press | Corbis News | Getty Images Tesla has been called “the Apple of the automotive industry” for the amount of technology in its vehicles. But as Apple is in talks to partner with South Korean automaker

The stock market’s Reddit-fueled trading frenzy could lead to undesirable outcomes for even the most successful of retail investors, behavioral finance analyst Dan Egan told CNBC’s “ETF Edge” this week. People seeking connection online during the pandemic and the rise of commission-free trading have given way to a speculative boom that raises concerns about retail

Super Bowl-winning MVP quarterback Joe Theismann predicted that the Kansas City Chiefs will win Super Bowl LV over the Tampa Bay Buccaneers this weekend, as millions watch the showdown between quarterbacks Tom Brady and Patrick Mahomes.  “I think Patrick’s legs give them an advantage, and Tom’s going to have to be as hot as he’s

People enjoy outdoor dining as the spread of the coronavirus disease (COVID-19) continues, in New York, February 4, 2021. Jeenah Moon | Reuters At any other time in U.S. history, creating 12.5 million jobs in nine months would be astonishing. But this is like no other time the nation has seen, and there remains much

Getting into the Super Bowl spirit usually entails some sort of wager. This year, however, gambling on the big game looks a lot different than it has in the past. Altogether, more than half of Americans said they’ll bet on this Sunday’s Super Bowl LV, according to a report from LendingTree. Despite widespread job losses,

U.S. government debt prices were slightly higher on Friday morning, as investors looked to incoming key economic data later in the session. At around 2:30 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 1.1326%, while the yield on the 30-year Treasury bond was also lower at 1.9253%. Yields move inversely to

Artur Widak | NurPhoto | Getty Images Johnson & Johnson applied for an emergency use authorization from the Food and Drug Administration for its coronavirus vaccine after releasing data last week showing it was about 66% effective in protecting against the virus. If J&J’s application is approved, it would be the third Covid-19 vaccine authorized

Source: Clover Health Shares of Clover Health fell more than 8% on Thursday following a critical report from short-seller Hindenburg Research claiming the company is under an active investigation by the Department of Justice that it has not disclosed to investors. CNBC has not independently verified the claims. Clover declined to comment, but said it

Liz Cheney (R-WY) departs after a House Republican Caucus meeting on Capitol Hill in Washington, February 3, 2021. Joshua Roberts | Reuters Liz Cheney, the third-highest-ranking Republican in the House, held on to her title as House GOP conference chair during a secret ballot held on Wednesday. Three sources told NBC News the secret ballot

U.S. House Speaker Nancy Pelosi (D-CA) speaks to reporters a day after supporters of U.S. President Donald Trump occupied the Capitol, during a news conference in Washington, January 7, 2021. Erin Scott | Reuters The House passed a budget resolution Wednesday, a key step as Democrats push toward a vote on a $1.9 trillion coronavirus

Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Amazon and Alphabet’s Google, which posted fourth quarter earnings Tuesday, saw the benefits of a rebound in advertising following a pandemic dip in 2020.  Amazon shares were down slightly at market open after it reported its first $100 billion

Rick Gates, senior vice president of pharmacy and healthcare at Walgreens, assured CNBC that the company will safely and efficiently administer Covid vaccines. “We’ll make sure our health care professionals are there to give them the vaccine and monitor them appropriately,” Gates said Tuesday evening on “The News with Shepard Smith.” “No, it’s not going

Andy Jassy, Amazon AWS  Source: CNBC Andy Jassy has spent the past 15 years converting Amazon from an e-commerce giant into a highly profitable technology company, creating and then dominating the cloud infrastructure market. Now, he’s about to take center stage as CEO of the third-most valuable U.S. company after Apple and Microsoft. Amazon said

Amazon HQ2 rendering showing the Helix, which includes work space, will also be open to the public select weekends every month. Courtesy: NBBJ Amazon on Tuesday unveiled the latest look at its second headquarters in Northern Virginia. The standout feature of the design proposal for HQ2 includes a unique structure, dubbed “The Helix.” Amazon described

“Loony lies and conspiracy theories are cancer for the Republican Party and our country,” Senate Minority Leader Mitch McConnell said Monday after questions about Rep. Marjorie Taylor Greene, R-Ga. “Somebody who’s suggested that perhaps no airplane hit the Pentagon on 9/11, that horrifying school shootings were pre-staged, and that the Clintons crashed JFK Jr.’s airplane

Dr. Nahid Bhadelia, medical director of the Special Pathogens Unit at Boston Medical Center, told CNBC’s  “The News with Shepard Smith” that she anticipates another surge of Covid infections as the new variants of the virus appear across the U.S.  “If I encounter a person who has one of these variants, I’m much more likely

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks UiPath and Databricks became two of the most valuable privately held tech companies in the U.S. on Monday, with massive new funding rounds that give them a combined valuation of more than $60

Republican Sen. Bill Cassidy of Louisiana suggested that the Covid relief figure should not be “foreordained” and should be based on data, moments after his meeting with President Joe Biden.   “If we’re driven by data, we’ll come to the right figure,” said Cassidy to CNBC’s “The News with Shepard Smith” during a Monday evening interview.

A vehicle passes an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images The CEOs of Chevron and ExxonMobil last year discussed the possibility of merging the two companies, The Wall Street Journal reported Sunday, citing unnamed people familiar with the talks. The

A GameStop store in Hollywood, California, busy with customers waiting in line to enter the video game retailer on January 27, 2021. AaronP | Bauer-Griffin | GC Images | Getty Images Ben Kusin, a longtime Redditor, has enjoyed a front-row seat for the recent GameStop saga. But he admits the story hits a little too

Maryland Governor Larry Hogan holds a press conference to address COVID-19 concerns in Annapolis, MD on November 17. Bill O’Leary | The Washington Post | Getty Images Maryland has reported a case of the new, highly transmissible Covid-19 variant first found in South Africa, marking the third case to be detected in the U.S., Gov.

The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Online broker Robinhood said that it put temporary buying restrictions on a small number of securities because central Wall Street clearinghouse-mandated deposit requirements for equities increased tenfold. The decision by Robinhood, a free-trading pioneer and app that’s popular among small investors, drew scrutiny