CNBC

Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

Nonfarm payrolls were expected to increase by 84,000 in September while the unemployment rate held at 4.1%....

4 days ago
Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious

Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious

South Korea remains cautious on Alaska LNG amid concerns over its high costs and commercial risks....

4 days ago
Big Pharma turns to China for new drugs as patent cliff drives multibillion-dollar deals

Big Pharma turns to China for new drugs as patent cliff drives multibillion-dollar deals

Western biopharma companies are increasingly turning to China to source innovation, as pharma's dreaded "patent cliff" d...

4 days ago
The secret signs the bond sell-off might be ending

The secret signs the bond sell-off might be ending

A big options bet involving the utility sector could indicate a top in yields....

4 days ago
Mattel shares rise after reports of takeover interest from Authentic Brands Group

Mattel shares rise after reports of takeover interest from Authentic Brands Group

Shares of toymaker Mattel rose Thursday after the Wall Street Journal reported that Authentic Brands Group had expressed...

4 days ago
Eurozone inflation hits its highest level in three years at 3.8% as energy costs soar

Eurozone inflation hits its highest level in three years at 3.8% as energy costs soar

Annual euro zone inflation hit 3.8% last month, its highest level since September 2023....

4 days ago
Oil prices extend losses after reports of potential European diesel, crude stock release

Oil prices extend losses after reports of potential European diesel, crude stock release

It comes after Reuters reported that EU nations were discussing a proposal to release diesel reserves following pressure...

4 days ago
U.S. to send third carrier group to Mideast as Trump warns of new Iran strikes

U.S. to send third carrier group to Mideast as Trump warns of new Iran strikes

The U.S. is reportedly sending a third aircraft carrier strike group to the Middle East, as Trump weighs resuming bombin...

4 days ago
South Korean President Lee warns of 'measures' against Ukraine over prisoner row, demands apology

South Korean President Lee warns of 'measures' against Ukraine over prisoner row, demands apology

"As this is a matter concerning the honor of the Republic of Korea's people and nation, we cannot overlook it," he said....

4 days ago
Jewelry giant Pandora is getting in on lab-grown diamonds and hoping a new Vietnam plant helps growth in Asia

Jewelry giant Pandora is getting in on lab-grown diamonds and hoping a new Vietnam plant helps growth in Asia

Pandora is expanding its manufacturing footprint beyond Thailand with a new $150 million Vietnam facility as the Danish ...

4 days ago
Brazil votes in high-stakes election as U.S.-China rivalry and debt loom large

Brazil votes in high-stakes election as U.S.-China rivalry and debt loom large

Brazil will hold a knife-edge vote as its presidential race kicks off — but the election's outcome is likely to be felt ...

4 days ago
Bitget `not expecting to recover a lot' from $388 million hack, CEO tells CNBC

Bitget `not expecting to recover a lot' from $388 million hack, CEO tells CNBC

Bitget has frozen a tiny fraction of the $387.5 million stolen in last week’s hack, and restored much of its protection ...

4 days ago
U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call

U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call

Ties between the U.S. and India have been under strain for over a year, and New Delhi faces fresh risk of up to 100% tar...

4 days ago
U.S. market regulator seeks to make it easier for funds, advisers to hold crypto

U.S. market regulator seeks to make it easier for funds, advisers to hold crypto

The SEC has proposed new rules that would make it easier for investment advisers and regulated funds to hold cryptocurre...

4 days ago
Interpol says AI is increasing the speed and scale of cyber threats. Here’s what companies should watch

Interpol says AI is increasing the speed and scale of cyber threats. Here’s what companies should watch

An Interpol executive warns AI is making existing cyber threats faster and harder to detect, while companies face new ri...

4 days ago
Accenture stock rallies after earnings beat expectations

Accenture stock rallies after earnings beat expectations

Shares of Accenture surged Thursday after the company's fiscal fourth-quarter results beat estimates....

4 days ago
Trump could target three Fed governors. Removing them may be harder than it looks

Trump could target three Fed governors. Removing them may be harder than it looks

Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and len...

4 days ago
Nike stock drops as revenue falls short of estimates, China sales plunge again

Nike stock drops as revenue falls short of estimates, China sales plunge again

Nike is expected to post another quarter of declining sales as the company tries to turn around its business and regain ...

5 days ago
Boeing engineers and technical workers approve new contract, avoiding strike

Boeing engineers and technical workers approve new contract, avoiding strike

The work group comprises Boeing's largest white-collar union....

5 days ago
The September jobs report will be released Friday. Here's what to expect

The September jobs report will be released Friday. Here's what to expect

Wall Street is looking for job growth of 84,000 to close out the summer....

5 days ago
You think Nvidia's $235 billion buyback is big? Just wait and see what Micron might do

You think Nvidia's $235 billion buyback is big? Just wait and see what Micron might do

Micron's expected repurchase program has the potential to be a really, really big number as a percentage of its market c...

5 days ago
New York City's 'click to cancel' subscription rule takes effect, joining states with similar laws

New York City's 'click to cancel' subscription rule takes effect, joining states with similar laws

The Big Apple joins a growing number of jurisdictions adopting 'click to cancel' rules as the future of a federal standa...

5 days ago
General Motor Q3 sales drop 5.5%, while Toyota buoyed by EVs, hybrids

General Motor Q3 sales drop 5.5%, while Toyota buoyed by EVs, hybrids

GM's sales of all-electric vehicles are down across the board, as enthusiasm for electric vehicles wanes....

5 days ago
Micron drops despite 'a great quarter.' Why Cramer is sticking with the stock

Micron drops despite 'a great quarter.' Why Cramer is sticking with the stock

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET....

5 days ago
Judges dismisses Reflecting Pool case permanently, cites risk Trump will force new charges

Judges dismisses Reflecting Pool case permanently, cites risk Trump will force new charges

President Donald Trump had criticized D.C. U.S. Attorney Jeanine Pirro after she moved to drop the Reflecting Pool case....

5 days ago
Commerce Secretary Howard Lutnick reports more than $250 million in income last year

Commerce Secretary Howard Lutnick reports more than $250 million in income last year

Commerce Secretary Howard Lutnick unwound his ties to Cantor Fitzgerald as the billionaire financier joined the Trump ad...

5 days ago
AI is operating inside the healthcare billing system. Patients may already be paying the price

AI is operating inside the healthcare billing system. Patients may already be paying the price

As AI codes billing inside hospitals, insurers say costs are being added to a bloated health care system. Blue Cross Blu...

5 days ago
SpaceX set to launch Google AI chips into orbit in push toward space-based data centers

SpaceX set to launch Google AI chips into orbit in push toward space-based data centers

SpaceX plans to launch Google tensor processing units into orbit on Planet Labs satellites....

5 days ago
Russia launches massive strikes on Ukraine’s energy grid, forcing power cuts ahead of winter

Russia launches massive strikes on Ukraine’s energy grid, forcing power cuts ahead of winter

Seven people were killed in the attack and emergency power cuts were imposed in Kyiv and three other regions....

5 days ago
Oil prices rise as Chinese refiners reportedly ban October fuel exports; Brent crude back above $100

Oil prices rise as Chinese refiners reportedly ban October fuel exports; Brent crude back above $100

It comes after a report that Chinese refiners suspended October fuel exports to protect domestic supplies....

5 days ago
10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace

10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace

Treasury yields were higher on Thursday amid a global sell-off in government debt....

5 days ago
The U.S. just made it much easier for retail investors to access private markets

The U.S. just made it much easier for retail investors to access private markets

The Securities and Exchange Commission has approved new plans to open private markets up to retail investors....

5 days ago
UK Prime Minister Burnham says Iran 'played a part' in British air base incident

UK Prime Minister Burnham says Iran 'played a part' in British air base incident

RAF Fairford has been used as the U.S. Air Force's command outpost for operations from Europe and for American strikes o...

5 days ago
Trump touts $200 billion South Korean investment plan as Alaska LNG project hangs in balance

Trump touts $200 billion South Korean investment plan as Alaska LNG project hangs in balance

The U.S. announced plans for up to $200 billion in South Korean investment, though Seoul has yet to finalize the partici...

5 days ago
Passengers and crew foil co-pilot's apparent attempt to crash FlyDubai flight to Israel

Passengers and crew foil co-pilot's apparent attempt to crash FlyDubai flight to Israel

One of the pilots on a FlyDubai flight headed for Israel stabbed the second pilot, according to Israeli Prime Minister B...

5 days ago
Inside India newsletter: Foreign insurers get the red-carpet treatment — and policy uncertainty

Inside India newsletter: Foreign insurers get the red-carpet treatment — and policy uncertainty

Foreign insurers brace for another set of policy changes in India's insurance market....

5 days ago
OpenAI links China’s Moonshot AI to attempt to extract its models’ reasoning

OpenAI links China’s Moonshot AI to attempt to extract its models’ reasoning

OpenAI says it identified an attempt to extract protected reasoning from its AI models, linking part of the activity wit...

5 days ago
California Gov. Gavin Newsom bans AI 'robo bosses' in landmark state law, reversing his earlier veto

California Gov. Gavin Newsom bans AI 'robo bosses' in landmark state law, reversing his earlier veto

California Governor Gavin Newsom has banned 'robo-bosses' from firing workers, the first U.S. state with such a law....

5 days ago
Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'

Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'

Kashkari sat down with CNBC's Steve Liesman for an exclusive conversation Wednesday night....

5 days ago
David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combi...

5 days ago