Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds
It's a virtual three-way tie to replace Fed Chair Jerome Powell as Fed chair when his term expires. ...
Economy
Novo Nordisk shares plunge 20% after Wegovy maker names new CEO, cuts full-year guidance
Danish pharmaceutical giant Novo Nordisk on Tuesday named its new CEO and cut its full-year sales and profit guidance. ...
How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of Trump's new trade…
‘He’s showing up.’ Things are getting better at Boeing under CEO Ortberg. Can he keep it going?
Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings…
Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms
The lawmaker's comments underscore the divisions within the Republican Party over the files relating to Jeffrey Epstein. ...
Trump announces EU trade deal with 15% tariffs
President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump's Aug 1.…
Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.…
Tesla investors are growing wary of Elon Musk’s futuristic promises
Tesla shares plummeted as CEO Elon Musk's promises for robotaxis failed to excite investors following another disappointing earnings report. ...
Trump’s trade deals and tariffs are on the chopping block in court. What happens next
Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are…