THE LATEST NEWS

Zyn-maker Philip Morris announces $600 million Colorado facility to ramp up production

Zyn users, rejoice: Production is about to ramp up in the U.S. Philip Morris International (PMI), Zyn’s parent company, announced ...

Dow rises 200 points to close at a record

The Dow Jones Industrial Average advanced on Monday as investors bet the unsuccessful assassination attempt on former President Donald Trump will lead to big ...

65-year-old quit his job and emptied his life savings to start a business — now he’s worth $11 billion

This story is part of CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the ...

Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates

Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold ...

Fed Governor Christopher Waller sees central bank ‘getting closer’ to an interest rate cut

Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are ...

GM to increase production of high-performance Cadillac Escalade V8 SUV

DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the ...

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed. ...

Willow Bay, Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250 million valuation

Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable women’s professional sports ...

John Deere to abandon Pride festival sponsorships following online right-wing pressure campaign

John Deere said Wednesday it would cease lending its name to social events like LGBTQ Pride parades — the latest ...

Asteroid to zoom past Earth in 2029 – and a spacecraft will follow it

A massive asteroid will skim past Earth in 2029 in an “extremely rare natural phenomenon” – and a spacecraft will ...