CNBC

Trump touted a deal to avert new tariffs on Canada. Here's what we know so far

Trump's new tariffs on about $20 billion worth of Canadian goods were set to take effect Wednesday, but were postponed by three days....

2 days ago

Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pressures him to raise cash....

2 days ago

Jim Cramer says buy Target on any pullback as turnaround takes hold

Wall Street cheered improving financial metrics across the board in its latest earnings results....

2 days ago

We're booking a five-fold profit on one of drug stock's rally to record highs

This trim doesn't reflect any change in our positive long-term view....

2 days ago

Target says its turnaround is picking up steam, with help from a big tariff refund

Target posted better-than-expected fiscal second-quarter sales and raised its full-year outlook....

2 days ago

Treasury yields pull back from multi-year highs ahead of FOMC minutes

Treasury yields eased on Wednesday from multi-year highs seen in the previous day, as a sell-off at the long end of the curve eased investor jitters....

2 days ago

Personalized cancer vaccine from Moderna, Merck shows promise in first late-stage melanoma trial

The combination regimen significantly extended the time patients lived without their melanoma returning, compared with Keytruda alone....

2 days ago

Lowe's gives muted outlook as it sees 'pressure' in home improvement spending

Lowe's reported mixed results as the retailer said it continued to see pressure in home improvement spending....

2 days ago

Iran reportedly weighs attacks on U.S. targets in Europe as UAE severs trade with Tehran

Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran....

2 days ago

World’s largest olive oil company pops 17% as rivals circle in takeover battle

Shares of Spain's Deoleo jumped nearly 16% on Wednesday morning amid an intensifying takeover battle for the world's largest olive oil bottler and marketer....

2 days ago

China’s backflipping robot maker Unitree pops 542% in Shanghai debut

Unitree Robotics shares rise 542% on their first day of trading in Shanghai...

2 days ago

Goldman studied where AI is squeezing labor markets. Here's what it found

Goldman Sachs found that AI is starting to weigh on employment across developed economies....

2 days ago

Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim

Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim...

2 days ago

What Chinese liquor maker Moutai's slump says about the country's economy

Kweichow Moutai's half-year report showed a rare drop in net profit, following the first annual drop on record....

2 days ago

Nukes all around? A fraying U.S. nuclear umbrella is pushing allies to weigh defense options, raising risk of a proliferation cascade

As countries take more responsibility for their own defense and nuclear states step back from arms-control commitments, the question of proliferation arises....

2 days ago

OpenAI rolls out ChatGPT for Teens experience with 'stronger built-in safety protections'

ChatGPT for Teens includes a number of educational features and applies age-appropriate safeguards, OpenAI said....

2 days ago

Trump, Carney reportedly in talks ahead of new 50% tariffs on Canadian goods

Trump has already imposed a variety of tariffs on Canada and its specific exports, including metals, lumber and auto parts....

2 days ago

We upgraded Home Depot and raised our price target. It made the best of a terrible hand

Home Depot reported a very good quarter, executing well on things it can control....

2 days ago

Retail giant Costco sets its sights on a new kind of product: Medicare Advantage

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading....

2 days ago

U.S. government debt yields are surging at a bad time. Here's what's behind the move

Fixed income market watchers ascribe a run that began in June to a number of variables....

3 days ago

A fintech app built by crypto exchange Kraken just launched a cash back debit card in bid for consumer wallets

Kraken is vying for a place in consumer wallets as crypto evolves from an asset class into infrastructure for mainstream financial products....

3 days ago

IRS clarifies 'no tax on overtime' deduction rules. What workers need to know

Taxpayers who were unsure whether they qualified or how much they could claim will likely have an easier time when they file their 2026 tax returns, experts say....

3 days ago

Kalshi seeks to launch ‘perps’ on equity indexes as it moves in on traditional exchanges' turf

The company is seeking to launch a "US500" perp tied to the MerQube U.S. Large Cap Index, according to a regulatory filing....

3 days ago

Disney-owned ABC files First Amendment lawsuit against FCC

Disney's ABC has sued the FCC claiming its investigation and early broadcast licenses renewal are a 'retaliatory campaign' due to its programming....

3 days ago

Nvidia's AI moat is shifting from chips to capital

Nvidia still has dominant market share in AI chips, but with competition picking up steam, the company is taking greater advantage of another key asset....

3 days ago

The startup using AI to help rare disease families develop custom treatments

Nome uses AI and drug-development expertise to help rare disease families turn genetic diagnoses into potential paths toward treatment....

3 days ago

Russia says its economy is strong. It just fired a top economist who warned otherwise

Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine....

3 days ago

Treasury yields rise as oil gains and U.S.-Iran tensions fuel inflation fears

Tuesday saw yields on U.S. 30-year Treasury yields add over 1 basis point to trade at around 5.322%, hovering just below its highest level since 2002. ...

3 days ago

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 the move to go further....

3 days ago

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

U.S., Iran appeared to be digging in for a protracted conflict, hardening their positions and rejecting renewed negotiations after a temporary truce lapsed....

3 days ago

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 shopping experiences....

3 days ago

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

Sen. Bernie Sanders, I-Vt., announced a new proposal on Monday to protect federal student loan borrowers from having their Social Security checks garnished....

3 days ago

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 relationship with a subordinate employee."...

3 days ago

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

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

3 days ago

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

3 days ago

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 acquisition in late July....

4 days ago

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 fully integrated into ChatGPT....

4 days ago

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 program within 60 days....

4 days ago

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

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

4 days ago

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 launched a laptop-ready AI model and released the weights of its most powerful Qwen model, escalating its rivalry with Meta in open-weight AI....

4 days ago

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