CNBC

The 30-year Treasury yield just hit a 19-year high. Three things could drive it even higher

The 30-year Treasury yield just hit a 19-year high. Three things could drive it even higher

The yield on the 30-year U.S. Treasury has surged to its highest level in 19 years, and some strategists see scope for t...

3 days ago
South Korea must brace for ‘worst-case scenario,’ President Lee says, as Trump cuts military drills

South Korea must brace for ‘worst-case scenario,’ President Lee says, as Trump cuts military drills

The annual exercises, are defensive and not intended to attack North Korea or raise tensions on the peninsula, Lee said....

3 days ago
Ship attacked in Hormuz Strait as U.S.-Iran ceasefire expiry risks prolonged conflict

Ship attacked in Hormuz Strait as U.S.-Iran ceasefire expiry risks prolonged conflict

U.S., Iran appeared to be digging in for a protracted conflict, hardening their positions and rejecting renewed negotiat...

3 days ago
Credit card issuer Synchrony announces partnership with OpenAI

Credit card issuer Synchrony announces partnership with OpenAI

The collaboration, which is in its early stages, is a step toward enabling Synchrony customers to have smoother online s...

3 days ago
CNBC's The China Connection newsletter: Money or power? The key to winning the AI race

CNBC's The China Connection newsletter: Money or power? The key to winning the AI race

The U.S. can outspend China in financing artificial intelligence development, but is that the only factor that matters?...

3 days ago
Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans

Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans

Sen. Bernie Sanders, I-Vt., announced a new proposal on Monday to protect federal student loan borrowers from having the...

3 days ago
L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

Chris Kubasik was ousted as Lockheed Martin's incoming CEO in 2012 after what that company called "close personal relati...

3 days ago
Anthropic tells investors annualized revenue run rate climbed to $65 billion in July

Anthropic tells investors annualized revenue run rate climbed to $65 billion in July

Anthropic's revenue run rate is up about sevenfold from a year earlier....

3 days ago
What will TV look like in three years? Media insiders share their predictions

What will TV look like in three years? Media insiders share their predictions

CNBC asked media insiders what they think the TV market — from pay TV subscribers to sports ratings — will look like in ...

3 days ago
30-year Treasury yield tops 5.31%, the highest in 19 years

30-year Treasury yield tops 5.31%, the highest in 19 years

Treasury yields were higher as traders awaited the latest FOMC minutes due later this week....

3 days ago
Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

Paramount agreed to delay its proposed acquisition of WBD to as late as June 2027 while the state AGs' case heads to tri...

3 days ago
Prediction market traders see roughly 1-in-4 odds Paramount’s bid to buy Warner Bros. Discovery fails

Prediction market traders see roughly 1-in-4 odds Paramount’s bid to buy Warner Bros. Discovery fails

The odds are higher than they were before 12 states sued to block the merger, but lower than after Paramount delayed the...

4 days ago
Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping

Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping

Maran Nalluswami, Synchrony's chief strategy officer, told CNBC it will probably take six to 12 months to get payments f...

4 days ago
Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear prog...

4 days ago
Supreme Court again rejects Trump bid to overturn E. Jean Carroll verdict

Supreme Court again rejects Trump bid to overturn E. Jean Carroll verdict

A spokesperson for Trump's legal team slammed Carroll's case as a witch hunt and a hoax....

4 days ago
Extreme heat spurs earliest-ever Champagne harvest, putting its famous taste to the test

Extreme heat spurs earliest-ever Champagne harvest, putting its famous taste to the test

Producers of the iconic French fizz face a challenge to preserve its taste profile while they also battle tariff complic...

4 days ago
Jim Cramer's top 10 things to watch in the stock market Monday

Jim Cramer's top 10 things to watch in the stock market Monday

Anthropic's second-quarter revenue was up 14-fold over last year, and Melius Research is pushing Dell....

4 days ago
Alibaba answers Meta’s AI challenge with new laptop-ready model

Alibaba answers Meta’s AI challenge with new laptop-ready model

Alibaba launched a laptop-ready AI model and released the weights of its most powerful Qwen model, escalating its rivalr...

4 days ago
Santoli: Earnings bonanza that lifted market to record may not be all that it appears to be

Santoli: Earnings bonanza that lifted market to record may not be all that it appears to be

The S&P 500 is up more than 6% in 12 trading days to record levels....

4 days ago
Russia targets Danube port after one of Ukraine’s largest aerial attacks of the war

Russia targets Danube port after one of Ukraine’s largest aerial attacks of the war

Russia struck port infrastructure in Ukraine’s Odesa region, damaging a Togo-flagged civilian vessel near Izmail after K...

4 days ago
Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry

Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry

Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on ...

4 days ago
China's economy slows further in July as retail sales barely grow, investment slump steepens

China's economy slows further in July as retail sales barely grow, investment slump steepens

The data is reinforcing concerns about the health of the world's second-largest economy, which has grappled with a deepe...

4 days ago
Ferrari Luce: Polarizing EV becomes a $40 million collector’s item

Ferrari Luce: Polarizing EV becomes a $40 million collector’s item

The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced ...

4 days ago
Japanese automakers vulnerable to one-two punch of Iran war, yen rally

Japanese automakers vulnerable to one-two punch of Iran war, yen rally

Japanese automakers vulnerable to one-two punch of Iran war, yen rally...

4 days ago
Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations

Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations

On an annualized basis, Japan saw growth of 1.1%, against estimates of 2%....

4 days ago
Believe the unbelievable in this market — things can be different this time

Believe the unbelievable in this market — things can be different this time

Here is what's so amazing: These four unbelievably performing stocks remain the most hated and feared on Wall Street....

4 days ago
Top U.S. commander acknowledges mental health issues on USS Lincoln

Top U.S. commander acknowledges mental health issues on USS Lincoln

Cooper's visit and statement come after reports of widespread morale and mental health concerns aboard the Lincoln....

4 days ago
Lamborghini unveils Revuelto SV, its most powerful production car ever

Lamborghini unveils Revuelto SV, its most powerful production car ever

Lamborghini's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and...

5 days ago
The internet's grandma has advice for late bloomers: 'It doesn't all have to be perfect'

The internet's grandma has advice for late bloomers: 'It doesn't all have to be perfect'

Kim Murstein and Gail Rudnick are the duo behind "Excuse My Grandma," an advice podcast that dives into life, love and o...

5 days ago
What the results of a Connecticut congressional primary race may mean for Social Security

What the results of a Connecticut congressional primary race may mean for Social Security

Rep. John Larson of Connecticut, an advocate for expanding Social Security, was ousted in a Democratic primary contest T...

5 days ago
Top Wall Street analysts like these 3 dividend stocks for steady income

Top Wall Street analysts like these 3 dividend stocks for steady income

Investors looking for steady income can add dividend-paying energy stocks to their portfolios....

5 days ago
Secret outperformer: Dispelling the 'myths' about an unloved stock market

Secret outperformer: Dispelling the 'myths' about an unloved stock market

European markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered t...

5 days ago
Marijuana reform is emerging as a midterm elections issue on both sides of the aisle

Marijuana reform is emerging as a midterm elections issue on both sides of the aisle

With November's midterms fast approaching, cannabis reform is an issue. It's popular with voters, but its power to tilt ...

6 days ago
Prediction markets and sports betting: How this UK exchange is trying to do both in the U.S.

Prediction markets and sports betting: How this UK exchange is trying to do both in the U.S.

Smarkets is entering the U.S. prediction market race but also applying to run as a sportsbook within states amid regulat...

6 days ago
Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations

Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations

The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn....

6 days ago
Berkshire adds $17 billion to Alphabet stake

Berkshire adds $17 billion to Alphabet stake

Google parent Alphabet is now the third largest holding in Berkshire Hathaway's equity portfolio....

6 days ago
How long will software-defined cars last? The auto industry doesn't know yet

How long will software-defined cars last? The auto industry doesn't know yet

Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some anal...

6 days ago
Iran rebuffs Trump's claim over Strait of Hormuz amid report of another ship being struck

Iran rebuffs Trump's claim over Strait of Hormuz amid report of another ship being struck

Iran's deputy foreign minister says Hormuz "will remain Iranian" after Trump's claim that the waterway would soon become...

6 days ago