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Former Sen. Bob Menendez sentenced to 11 years in prison in gold bar bribery case
Former Sen. Bob Menendez sentenced to 11 years in prison in gold bar bribery case

Prosecutors have recommended a prison sentence of 15 years, an amount of time his lawyers call "a life and death sentence" for the 71-year-old New Jersey Democrat.

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Jan 29, 2025
Amazon lays off 'small number' of employees in communications and sustainability units
Amazon lays off 'small number' of employees in communications and sustainability units

Amazon laid off more than 27,000 employees in 2022 and 2023 and has continued making smaller cuts.

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Jan 29, 2025
Trump Media surges after expansion into financial services including crypto and ETFs
Trump Media surges after expansion into financial services including crypto and ETFs

The company said it expects to launch products and services under the Truth.Fi brand, including its own investment vehicles, later this year.

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Jan 29, 2025
Three key takeaways from Robert F. Kennedy Jr.'s Senate confirmation hearing
Three key takeaways from Robert F. Kennedy Jr.'s Senate confirmation hearing

Robert F. Kennedy Jr., Trump's controversial pick to lead Health and Human Services, testified before a Senate panel that is crucial to advance his nomination.

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Jan 29, 2025
What the Fed didn't say is what mattered to traders
What the Fed didn't say is what mattered to traders

The removal of a key phrase in the postmeeting statement showing inflation "has made progress toward" the 2% target raised investors' eyebrows.

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Jan 29, 2025
White House says Trump funding freeze remains in effect despite rescinding OMB memo
White House says Trump funding freeze remains in effect despite rescinding OMB memo

The OMB memo had directed federal agencies to pause grants and loans pending a review of compliance with the agenda of President Donald Trump.

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Jan 29, 2025
Anthropic CEO doesn't see DeepSeek as 'adversaries,' but says export controls are critical
Anthropic CEO doesn't see DeepSeek as 'adversaries,' but says export controls are critical

Anthropic CEO Dario Amodei said in a blog post on Wednesday that while China's DeepSeek aren't "adversaries," the U.S. must implement control exports.

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Jan 29, 2025
Fed holds rates steady, takes less confident view on inflation
Fed holds rates steady, takes less confident view on inflation

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy.

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Jan 29, 2025
Trump Media expands into financial services, including allocation to crypto: CNBC Crypto World
Trump Media expands into financial services, including allocation to crypto: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin holds steady at $102,000 while altcoins like ether slip. Plus, shares of Trump Media rose Wednesday after the company announced it was expanding into financial services, including an allocation to cryp...

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Jan 29, 2025
Watch out: Analysts are getting increasingly bearish on these stocks into earnings
Watch out: Analysts are getting increasingly bearish on these stocks into earnings

Earnings season is underway, and some companies that are due to report earnings in the near future could post disappointing results, according to analysts.

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Jan 29, 2025
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