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CNBC: US News: news on page 4

Home sales make record jump, proving how sensitive buyers are to mortgage rates

Sales of existing homes skyrocketed a whopping 11.8 percent in February compared with January, according to the National Association of Realtors.

Federal prosecutor who oversaw the case against Michael Cohen is leaving New York office

Robert Khuzami, the high-ranking Manhattan federal prosecutor who led the criminal case against President Donald Trump's former personal lawyer Michael Cohen, is leaving his post next month.

Humana turns to game theory for new Medicare pricing as insurers juggle Trump rebate uncertainty

The game theory comes in with the timing of when new rules might be adopted. Executives note the deadline for filing 2020 plans is in early June.

Trump says he will nominate Fed critic Stephen Moore for central bank appointment

Moore, 59, current is a visiting fellow at the Heritage Foundation and has been a Trump supporter since the 2016 election.

Ex-Goldman director Rajat Gupta says he's innocent seven years after insider trading conviction

In his first interview since his release from prison in 2016, Gupta maintained his innocence, and said he wants to rebuild his life.

General Motors invests $300 million in Orion Assembly Plant, adds 400 jobs

The investment is a portion of $1.8 billion GM pledged to spend on manufacturing in the U.S., which will create 700 new jobs and support a further 28,000 jobs across six states, the company said.

Tesla brings back its referral program, sort of

Tesla is reviving the referral program so popular with customers, albeit with different terms the company says are more sustainable.

'They want it, I want it' – Trump and Pelosi are still talking about an elusive infrastructure deal

A spokesman for Pelosi tells CNBC that the speaker and Trump "briefly spoke about infrastructure" on March 14.

New book reveals how John Roberts bargained with liberals over Obamacare's Medicaid expansion

Chief Justice John Roberts traded with liberal justices over the fate of a key plank in President Barack Obama's signature health-care legislation, according to an adaptation published on Thursday of

Nike shares are falling as the sneaker maker warns of a sales slowdown

Currency pressures are expected to reduce sales growth during the fourth quarter by about 6 percentage points, CFO Andy Campion tells analysts, resulting in low single-digit gains compared with a year

Snap to drug advertisers: We're the friendlier social network

To win big pharmaceutical advertisers, Snap is positioning itself as a friendlier social network than Facebook and Twitter.

Trump says GDP would have topped 4% if Fed had halted rate hikes sooner

U.S. economic growth would be much stronger had the Fed stopped raising rates sooner, President Donald Trump said in an interview that aired Friday.

Tiffany shares bounce back as CEO touts growth opportunities

Tiffany's management team touts growth opportunities for the retailer, despite it reporting a 1 percent drop in sales worldwide during the holiday quarter, calling out "external challenges and

Part of 'yield curve' inverts as 3-month yield tops 10-year rate

The fall in long-term debt yields sparked an inversion of the Treasury curve, a recession indicator for traders.

Dow drops more than 450 points, S&P 500 posts worst day since January on worries over global economy

Stocks dropped as investors worried global economic growth could slow down following the Fed's cautious outlook from earlier in the week.

NOAA spring outlook warns of heightened flooding risk to US through May

The federal government's spring weather outlook issued Thursday shows flooding risk will remain high through May for 25 states, as Midwestern states are still coping with the disastrous effects of

JetBlue crew members claim in lawsuit they were drugged, and one raped by pilots

The suit alleges the pilots gave the female crew members beer laced with a drug and that one of them was raped during a layover in Puerto Rico, NBC News reports.

Read Elon Musk's email urging Tesla employees to help with deliveries

In a first-quarter push to boost vehicle deliveries, Tesla CEO Elon Musk asked all employees to shift their focus to delivering cars to customers.

Child abuse charges against YouTube channel's mom underscore lack of oversight for kids

Laws ensure professional child performers are safe, educated and not working too many hours. But they don't extend to stars of popular YouTube channels.