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Amazon's Zoox under investigation by NHTSA after two robotaxi crashes
Two Toyota Highlanders equipped with Zoox's automated self-driving technology braked unexpectedly, causing motorcyclists to rear-end the vehicles.Business -
This inflation-focused ETF may be in a sweet spot
Horizon Kinetics' James Davolos thinks his firm's inflation-focused ETF is "ideally positioned" for gains this year.Business -
Gold bars are selling like hot cakes in Korea's convenience stores and vending machines
The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation to offer customers mini gold bars.Business -
Trump's porn star hush money trial enters week four: Here’s what’s happened so far
Trump's historic criminal trial enters week four.Business - Donald Trump -
European markets rise as traders assess possible rate cuts, fresh PMI data
European markets advanced Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.Business -
Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China
Shares of Tesla rose sharply after the company passed a significant milestone to roll out its advanced driver-assistance technology in China.Business - China -
Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback
Alphabet shares shot up Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend along with a buyback.Business -
China’s Shenzhen metropolis sees fastest growth in millionaires globally
In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth individuals from China.Business - China -
OpenAI co-founder Ilya Sutskever says he will leave the startup
OpenAI co-founder Ilya Sutskever said Tuesday that he's leaving the Microsoft-backed startup.Business -
Why OpenAI is the first company to be No. 1 on the CNBC Disruptor 50 list two years in a row
OpenAI repeats as the No. 1 company on the 2024 CNBC Disruptor 50 list as AI redefines the way VCs, startups and market giants invest, interact and compete.Business -
Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.Business -
Dementia cases are on the rise — avoid these 12 risks to keep your brain healthy
As the global population of older adults grows, cases of dementia are also on the rise. Here's how you can start protecting your brain.Business -
Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, 'Poor Charlie’s Almanack'
The Oracle of Omaha's annual event kicked off with wares from See's Candies to the latest Squishmallows of Warren Buffett and Charlie Munger.Business -
Skydance extends final offer to Paramount as merger talks stick on a possible shareholder vote
A potential dealbreaker is whether to hold a so-called "majority of the minority" vote on the deal, which would grant common shareholders potentially sway.Business -
Ukraine can keep on fighting Russia — but the 'victory' it wants might be out of reach
With future military aid looking uncertain, uncomfortable questions are being asked as to what "victory" Ukraine could realistically achieve against Russia.Business - Ukraine -
This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year
Success didn't come easy for Pang Gek Teng, the 35-year-old founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand in Singapore.Business -
‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets
The chief executive of the world's largest wealth fund says there are many wildcards in financial markets right now.Business -
Los Angeles is using AI in a pilot program to try to predict homelessness and allocate aid
In Los Angeles, a Homelessness Prevention pilot program aims to use predictive AI to identify individuals and families at risk of becoming homeless.Business -
Biden and Trump agree to debates on June 27 and Sept. 10
President Joe Biden previously said he was open to debating his Republican challenger, former President Donald Trump.Business - Joe Biden -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.Business - Federal Reserve -
How new grads can land a job after college, even as employers cut back on Class of 2024 hires
Those armed with a newly minted diploma are entering a job market that looks a little less promising than it did a year ago.Business -
Cramer explains how to maintain a 'balanced' portfolio as the economy slows
CNBC's Jim Cramer on Tuesday said Wall Street is currently going through a tricky stage of the business cycle and told investors to invest in diverse companies.Business -
Trump classified documents trial in Florida postponed indefinitely
The trial on charges that Donald Trump willfully retained classified national security records after leaving the White House was scheduled to start May 20.Business - Donald Trump -
Americans can't stop 'spaving' — here’s how to avoid this financial trap
"Spaving," or spending more to save more, can lead to excessive spending and high-interest credit card debt if you aren't careful, experts say.Business -
IRS aims to more than double its audit rate for wealthiest taxpayers in strategic plan update
The IRS has released an update on its strategic operating plan, which includes more audits on the wealthiest taxpayers, large corporations and partnerships.Business -
This family traveled for a year. Here are the biggest mistakes they made
Margaret Bensfield Sullivan talks about the challenges and lessons she learned while traveling with her family to 29 countries in the span of a year.Business -
Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
Five months after pleading guilty to money laundering violations, Binance founder Changpeng Zhao was sentenced to four months in prison.Business -
Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat
Many doctors have been left without a way to get paid for their services.Business -
'You can live like a king' by retiring in Europe, says CFP—but make these 3 moves first
Retiring in Europe can slash your cost of living, allowing you to retire early or boost your lifestyle, says Traveltirement founder and CFP Tommy Sikes.Business -
Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.Business - China -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.Business -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.Business -
Tesla surges after Elon Musk says new affordable EV models coming
Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.Business - Elon Musk -
Trump trial: National Enquirer would 'embellish' negative stories about Trump's 2016 rivals, Pecker says
Trump is charged with falsifying business records related to a scheme to silence porn star Stormy Daniels from speaking about an alleged tryst with him.Business - Donald Trump -
Homeownership isn't for everyone, money coach says: Don't fall for artificial 'pressure to buy'
Latina financial expert Jannese Torres, host of the "Yo Quiero Dinero" podcast, discusses what she has learned about certain milestones such as homeownership.Business -
529 college savings plans 'are better now than they've ever been,' expert says. Here are key changes for 2024
As of 2024, there are more benefits to college savings plans, including the flexibility to roll unused money into a Roth IRA free of tax penalties.Business -
Trump's Boeing 757 clipped parked plane after landing at Florida airport Sunday, FAA says
Former President Donald Trump frequently flies on the Boeing 757 aircraft involved in the collision at West Palm Beach International Airport in Florida.Business - Florida -
'The house is burning down': Money expert's advice for a couple with over $620,000 in debt
Kevin and Michelle have a young child and another on the way. But credit card debt and two big auto loans are preventing them from saving for the future.Business -
$3,500 in New York, $8,000 in LA—renters reveal what they pay: 'It's just crazy how expensive it is here'
New Yorkers and Angelenos share how much they spend on rent in those big cities and if the believe the massive expense is worth the money.Business -
Summer box office bust? This season's movie slate could put up the lowest haul in decades
This summer's box office, hampered by dual Hollywood labor strikes, could have the lowest movie ticket haul since 2000.Business