CNBC

HOUSE DEMOCRATS TO HOLD HEARINGS ON BABY FORMULA CRISIS, INTRODUCE BILL TO BEEF UP FDA INSPECTIONS

The House will hold hearings on the U.S. baby formula shortage after the closure of an Abbott Nutrition plant sent parents scrambling.

WHO CALLS FOR PROBE INTO MORE THAN 200 RUSSIAN ATTACKS ON HEALTH FACILITIES IN UKRAINE

The World Health Organization has documented 226 Russian attacks on health facilities in Ukraine since Moscow invaded its neighbor...

MUSK MET TWITTER EXECS FOR THREE DAYS BEFORE MAKING A BID, UNCLEAR IF THEY DISCUSSED BOTS

Twitter's filing didn't say what was discussed in its meetings or if Musk brought up his concerns about the proliferation of spam accounts...

POWELL SAYS THE FED WILL NOT HESITATE TO KEEP RAISING RATES UNTIL INFLATION COMES DOWN

FLIGHT ATTENDANTS' UNION BACKS SPIRIT-FRONTIER MERGER, CLEARING LABOR HURDLE

The announcement clears a labor hurdle among the biggest worker groups at the airlines.

TWITTER LOSES THREE MORE SENIOR EMPLOYEES AHEAD OF MUSK DEAL

A Twitter spokesperson said the three will be leaving the company for new opportunities.

BIDEN TRAVELS TO BUFFALO TO GRIEVE SHOOTING VICTIMS, CONDEMN RACIAL VIOLENCE

Biden will travel to Buffalo, New York, to console families of victims of a white gunman who targeted a Black community at a supermarket.

INVESTOR BETS AGAINST TECH REACH HIGHEST POINT SINCE 2006, BANK OF AMERICA SURVEY SHOWS

Investors have grown even more fearful of tech stocks in May, slashing their allocations to the lowest level in nearly 16 years.

SHOULD YOU KEEP UP PAYMENTS DURING THE FEDERAL STUDENT-LOAN FREEZE? EXPERTS WEIGH IN

The moratorium on student loan payments has offered some borrowers a rare opportunity to chip away at their debt balance. Should they...

FDA AUTHORIZES PFIZER COVID BOOSTER DOSE FOR KIDS AGES 5 TO 11 YEARS OLD

HOMEBUILDER SENTIMENT FALLS TO 2-YEAR LOW ON DECLINING DEMAND AND RISING COSTS

"Housing leads the business cycle, and housing is slowing," said NAHB Chairman Jerry Konter, a builder and developer.

TRUMP-BACKED CANDIDATES DR. OZ, MADISON CAWTHORN FACE MAJOR GOP PRIMARY ELECTIONS IN PA AND NC

Republicans hope to win control of the House and Senate in the midterms, while Trump is hoping to cement his status as the de facto...

NEW FILING REVEALS THE FULL STORY BEHIND MUSK'S BID TO BUY TWITTER

Former CEO Jack Dorsey told Musk he personally believes Twitter would be better equipped to focus on execution as a private company,...

UNITED AIRLINES SAYS FAA HAS CLEARED GROUNDED 52 BOEING 777S TO FLY AGAIN

United plans to start flying the 52 Pratt & Whitney-powered 777s again this month.

STOCKS MAKING THE BIGGEST MOVES IN THE PREMARKET: WALMART, HOME DEPOT, CITIGROUP AND MORE

Names on the move ahead of the open.

HOME DEPOT IS ABOUT TO REPORT EARNINGS. HERE'S WHAT TO EXPECT

Shares of the company have fallen 7% over the last year, dragging its market value down to $306 billion.

CALIFORNIA MASS SHOOTER WAS 'UPSET ABOUT POLITICAL TENSIONS BETWEEN CHINA AND TAIWAN,' AUTHORITIES SAY

David Chou, 68, of Las Vegas, was motived by political tensions between China and Taiwan, authorities say.

INTEL SHAREHOLDERS REJECT EXECUTIVE PAY

The vote won't immediately affect the compensation of Intel's executives.

THE ETF FLOWDOWN: LOADING UP ON COMMODITIES BUT NOT DITCHING BONDS YET

Like the rest of the market, ETFs are suffering massive outflows. But could that indicate opportunity?

RUSSIA-UKRAINE WAR ROILING GLOBAL WHEAT AND CORN MARKETS: A HARD LOOK AT SOFT COMMODITY ETFS