US News

Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump reacts during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024.  Carlos Barria | Reuters Former President Donald Trump‘s return to Butler, Pennsylvania, the site of his

Automattic founder, Matt Mullenweg Source: Automattic Matt Mullenweg, who turned 40 in January, has now spent more than half his life working on WordPress. He’s never had such an insane two weeks. WordPress, best known as a leading content management system, has hundreds of millions of sites currently using its templates, tools and plugins. But

Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire’s X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of Hurricane Helene that Musk spread on X, where his follower count stands over 200 million. “No one is shutting down the airspace and FAA doesn’t

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 | Reuters Shares of Rivian Automotive dropped more than 6% in midday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its

Mesa County Clerk and Colorado Republican candidate for secretary of state Tina Peters reacts to early election returns during a primary night watch party at the Wide Open Saloon on June 28, 2022 in Sedalia, Colorado.  Marc Piscotty | Getty Images Tina Peters, a former Colorado Republican county clerk who espoused the false conspiracy theory

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech

Republican presidential nominee and former U.S. President Donald Trump makes a campaign stop at manufacturer FALK Production in Walker, Michigan, U.S. September 27, 2024.  Brian Snyder | Reuters A federal judge on Wednesday unsealed a redacted motion by special counsel Jack Smith detailing evidence against former President Donald Trump in his criminal election interference case

A federal appeals court in Washington, D.C., cleared the way Wednesday for Americans to bet on the outcome of the 2024 congressional elections. The appeals court in a decision rejected an effort by the Commodity Futures Trading Commission to prohibit the commodities exchange KalshiEx from offering “Congressional Control Contracts” as the federal agency appealed a

A strike hitting ports along the East and Gulf coasts could stoke prices for food, autos and a host of other consumer goods but is expected to cause only modest broader impacts — so long as it doesn’t drag on for too long. Manufacturers of everything from trucks to toys to artificial Christmas trees face

Tesla is set to report third-quarter vehicle production and delivery numbers on Wednesday.  Analysts are expecting Elon Musk‘s automaker to report about 463,310 deliveries, according to estimates compiled by FactSet StreetAccount. That would include about 435,900 of Tesla’s Model 3 sedans and Model Y SUVs. Tesla reported deliveries of 435,059 and production of 430,488 vehicles

CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024.  Jakub Porzycki | Nurphoto | Getty Images CVS Health‘s board has engaged advisors to conduct a strategic review of its business, according to people familiar with the matter, as the company contends with potential activist pressure and a severely depressed stock

Laurene Powell Jobs speaks onstage during TechCrunch Disrupt SF 2017. (Photo by Steve Jennings/Getty Images for TechCrunch) Steve Jennings A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. News that Laurene Powell

Mark Cuban and Elon Musk. Getty Images Billionaire investor Mark Cuban cautioned Tesla CEO Elon Musk on Sunday against forming an alliance with former President Donald Trump, because, he said, the Republican presidential nominee may not ultimately repay his political debts. “Elon, there will come a time when you need something from Donald Trump,” Cuban

Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024. Angela Weiss | AFP | Getty Images As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order

David Hester inspects damages of his house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024.  Chandan Khanna | Afp | Getty Images Hurricane Helene is ravaging communities across the southeastern United States as mass flooding and brutal winds descend on Florida, Georgia, North Carolina, South Carolina and Tennessee. As of

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed. The company generated $300 million in revenue last month,

The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system.  Cris Faga | Nurphoto | Getty Images X has to pay one last fine before the social network owned

New York City Mayor Eric Adams pleaded not guilty Friday in federal court in Manhattan at his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey’s government and Turkish businessmen. Adams, 64, is charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud,