Category: Business

CNBC's All-America Economic survey showed 48% of American adults approved of the job Biden is doing as president, up a point from the first quarter. But his disapproval numbers grew … Read More

Microsoft (MSFT) reported a strong fourth-quarter results on Tuesday, primarily powered by a 30% growth in the commercial cloud revenues. Both the earnings and revenues trumped Street estimates. Net income … Read More

Louisiana Governor John Bel Edwards temporarily reinstated statewide mask mandate indoors for all people aged five and older. The Governor said he is making mask wearing mandatory as COVID-19 cases … Read More

Some of last month's biggest losers could reverse course in August, two traders say. Energy and travel stocks were some of the worst performers in July, weighed down by worries … Read More

PepsiCo agreed to sell Tropicana, Naked and other North American juice brands for pretax cash proceeds of $3.3 billion. Pepsi will also receive a 39% stake in a newly formed … Read More

The Senate unveiled a $1 trillion infrastructure package, the Infrastructure Investment and Jobs Act, on Sunday. The bipartisan bill would end the employee retention tax credit three months early, on … Read More

Dr. Celine Gounder, an epidemiologist who advised the Biden administration, underscored the importance of having a vaccinated workforce. “If you're able to get your workforce vaccinated, I think it's a … Read More

Bitcoin, the largest cryptocurrency by market value, extended its rally into the weekend. It surpassed $42,000 on Sunday, which was its highest since May. But its price since leveled, and … Read More

DALLAS — Air travel in the U.S. is hitting new pandemic-era highs, and airlines are scrambling to keep up with the summer-vacation crowds. Despite rising numbers of coronavirus infections fueled … Read More

Rising costs due to inflation are affecting everything from food to energy prices. While some consumers may suffer sticker shock, interest rates are set to stay low for now. It … Read More