Author: CNBC

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, said he was convinced…

Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures rose slightly in overnight trading Sunday after the market suffered a down week as 2024’s rally took a breather. Futures on the Dow Jones Industrial Average climbed 55 points. S&P 500 futures and Nasdaq 100 futures both…

A Southwest Airlines Boeing 737 MAX 8 arrives at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii.  Kevin Carter | Getty Images An engine cowling fell off of a Southwest Airlines Boeing 737-800 and struck a wing flap during takeoff from Denver International Airport, the Federal Aviation Administration said Sunday. The…

Deryl McKissack’s career is a culmination of effort from five generations. The 62-year-old is the president and CEO of McKissack & McKissack, the Washington, D.C.-based construction management and design firm behind some of today’s most recognizable buildings — from building the Smithsonian African American Museum of History and Culture to repairing the Abraham Lincoln and Thomas…

U.S. Treasury Secretary Janet Yellen shakes hands with Chinese Premier Li Qiang at the Great Hall of the People in Beijing on April 7, 2024, as Yellen begins two days of high-level talks in Beijing. Tatan Syuflana | Afp | Getty Images U.S. Treasury Secretary Janet Yellen told Chinese Premier Li Qiang on Sunday that the ability…

Former U.S. President Donald Trump speaks at a campaign event on April 02, 2024 in Grand Rapids, Michigan. Spencer Platt | Getty Images Donald Trump on Saturday said he welcomed the prospect of going to jail for violating a gag order in his upcoming New York hush money trial. “I will gladly become a Modern…

Throughout the U.S., workers earn a median annual wage of about $48,080, according to the latest available data from the Bureau of Labor Statistics. But in the three states where workers earn the least, the median annual wage sits below $40,000 a year. And notably, all but two of the 10 lowest-earning states are in…

Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023.  Gonzalo Fuentes | Reuters Tesla will reveal its robotaxi product on Aug. 8, CEO Elon Musk said…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Good news is good news: The…

March’s robust job gains may push the Federal Reserve into a more cautious stance regarding potential rate cuts, with conflicting signs emerging about the labor market’s strength. After the Labor Department’s nonfarm payrolls report Friday showed a robust gain of 303,000, futures market pricing indicated barely more than 50% of a chance that the Fed…