FTC clears Chevron-Hess deal, bans John Hess from board

FTC clears Chevron-Hess deal, bans John Hess from board

John Hess, chief executive officer of Hess Corp., speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 19, 2024.  F. Carter Smith | Bloomberg | Getty Images The Federal Trade Commission has banned Hess Corp. CEO John Hess from Chevron‘s board as a condition for the oil companies’ … Read more

What’s likely to move the market in the next trading session

What’s likely to move the market in the next trading session

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it … Read more

Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Nasdaq in correction territory; Berkshire’s cash holdings reach record high

Nasdaq in correction territory; Berkshire’s cash holdings reach record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Chevron (CVX) earnings Q2 2024

Chevron (CVX) earnings Q2 2024

Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Chevron missed second-quarter earnings expectations, hurt by lower refining margins. The oil major also said Friday it is moving its headquarters from San Ramon, California, to Houston, Texas, with CEO Mike Wirth relocating by … Read more

P&G’s rally signals economic worries are back — plus, we’re downgrading a consumer stock

P&G’s rally signals economic worries are back — plus, we’re downgrading a consumer stock

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks tumble: It’s another tough day on Wall Street with the S & P 500 giving back roughly all its gains from Wednesday and for the … Read more

Risks for student loan borrowers

Risks for student loan borrowers

Students study in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty Images New affordable repayment plan faces legal attacks The Biden administration rolled out its new repayment plan, known as SAVE, or the Saving on a Valuable Education plan, in the summer … Read more

Supreme Court ruling pleases Republicans, businesses

Supreme Court ruling pleases Republicans, businesses

Birds fly outside the U.S. Supreme Court on the day justices issue orders in pending appeals in Washington, U.S., June 24, 2024.  Nathan Howard | Reuters Republican lawmakers and the U.S. Chamber of Commerce praised the Supreme Court decision Friday overturning the so-called Chevron doctrine, which for four decades led judges to defer to how … Read more

Saudi Arabia set to raise over $11.2 billion from Aramco stock sale, priced at lower end of range

Saudi Arabia set to raise over .2 billion from Aramco stock sale, priced at lower end of range

The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia is set to raise more than $11.2 billion from its secondary public share offering in state-controlled oil giant Aramco, after the stock was priced at the lower end of its expected range. The company on Friday said … Read more

Donald Trump to speak at private CEOs meeting, weeks after conviction

Donald Trump to speak at private CEOs meeting, weeks after conviction

Former US President and Republican presidential candidate Donald Trump points as he arrives back at Trump Tower after being convicted in his criminal trial in New York City, on May 30, 2024.  Timothy A. Clary | AFP | Getty Images Former President Donald Trump will attend a private meeting with one of the most powerful … Read more