PayPal will cut about 2,500 jobs, or 9% of global workforce
PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC.
PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC.
Only 9% of CNBC Fed Survey respondents see the central bank cutting rates in March.
Despite the consumer sentiment jump, just 33% of voters approve of Biden's handling of the economy, according to CNBC's All-America Economic Survey in December.
Experts share their top ways for travelers to save money.
MSC, the world's largest shipper, joined retail and maritime experts in warning Congress about Houthi 'chaos' and the impact on freight and consumer prices.
While national labor data is showing signs of a "normalized" job market, workers and job seekers do not share that sentiment. Here's why.
Super Micro's strong quarter is the first of many this week to offer clues into Nvidia's business and the market for AI chips.
A New York civil jury ordered Donald Trump to pay writer E. Jean Carroll $83.3 million in damages for defaming her in statements denying that he raped her.
The child tax credit could change for 2023 filings via the bipartisan tax bill. But taxpayers shouldn't wait to file returns, according to the IRS.
Citadel CEO Ken Griffin believes the U.S. economy is in a better position than it was last fall, but warns that high fiscal spending could pose risks.
J&J, Merck and Bristol Myers Squibb face a pivotal few weeks ahead. Meanwhile, Apple will reportedly explore health applications for the Vision Pro headset.
The U.S. Department of Education said it has updated inflation figures in the new FAFSA, which may affect the timing of financial aid offers.
Apple may see a drop in iPhone shipments this year, due in part to the growing popularity of foldable phones, analyst Ming-Chi Kuo says.
Sometimes, it's possible to pay rent with a credit card — but experts say it's risky.
Booking.com released its list of the most welcoming cities on Earth for 2024 based on the brand's Traveler Review Awards.
Citadel CEO Ken Griffin is slated to speak to CNBC's Leslie Picker on Tuesday at the MFA Network event in Miami.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
The International Monetary Fund sees a reduced likelihood of a so-called hard landing, with inflation falling faster than expected.
The attorney general's office said the alleged failure cost victims millions of dollars.
Pfizer reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million doses of its Covid drug, Paxlovid, from the U.S. government.
There is a need to put in place medium-term fiscal plans that will accommodate a significant increase in spending pressures, the IMF's chief economist said.
As markets look toward potential interest rate cuts in 2024 from the Federal Reserve, these five charts show how rates have fluctuated over the last 12 months.
Carnival expects the rerouting to impact its adjusted earnings per share by 7 cents to 8 cents in 2024.
In reviewing Apple Vision Pro, CNBC gives you a glimpse into the future of computing.
JetBlue said it expects 2024 capacity to be down in the low single digits and that its adjusted margins could approach breakeven.