CNBC

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 Kyiv launched a major drone attack on Moscow....

4 days ago

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 Monday with no deal in sight....

4 days ago

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 deepening supply-demand imbalance....

4 days ago

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 at 550,000 euros (roughly $640,000)....

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...

4 days ago

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

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

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's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price....

5 days ago

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 other issues across generations....

5 days ago

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 Tuesday....

5 days ago

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

European markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered to dispel some of the myths....

5 days ago

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 elections remains uncertain....

6 days ago

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 regulatory uncertainty at the federal level....

6 days ago

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

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

Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some analysts worry the vehicles might not last....

6 days ago

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 U.S. territory....

6 days ago

Russia's economy has defied the skeptics. Cracks are getting harder to hide

Russia's wartime economy is under growing strain as its budget deficit widens and analysts warn pressure could intensify next year....

6 days ago

Nvidia discloses $21 billion stake in SpaceX at end of second quarter

Nvidia's stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter....

6 days ago

Trump family-backed crypto firm World Liberty gets conditional bank charter approval

The OCC conditionally approved World Liberty Trust Company’s national trust bank charter. That would allow the Trump family-backed firm to issue stablecoins....

6 days ago

Regulators and banks step up scrutiny of prediction markets

The CFTC is reviewing prediction betting platforms' so-called mention markets, people familiar with the matter confirmed to CNBC....

6 days ago

OpenAI talent exodus raises 'huge red flag' ahead of IPO

OpenAI's C-suite turnover gives investors another reason for concern as the company pushes toward a mammoth IPO....

1 week ago

Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner

The group that includes Jeff Bezos has an option to become the majority shareholder within the next year....

1 week ago

Luigi Mangione pleads guilty in federal case related to UnitedHealthcare CEO killing

Mangione's lawyers are expected to argue his federal plea means he cannot be prosecuted in state court for Brian Thompson's slaying due to double jeopardy....

1 week ago

Disney CEO Josh D'Amaro tells CNBC parks were 'big surprise' in last quarter, company has 'clarity' and 'stability'

New CEO Josh D'Amaro has said his strategy for continued growth at Disney is centered around storytelling, intellectual property and technology....

1 week ago

Wisconsin, Michigan primaries expose limits of polls and prediction markets

It's the second time in just over a week that polls and prediction markets' odds were off, following a miss in the Democratic U.S. senate primary in Michigan....

1 week ago

Drone stocks rally after Trump orders tariffs on foreign-made components

The U.S. is looking to scale defense manufacturing and chip away at China's drone dominance....

1 week ago

How a niche copper trade became a real-time gauge of Trump’s next tariff move

The widening price of copper between two metals exchanges is offering investors a gauge of U.S. tariff risk....

1 week ago

‘Absolutely unacceptable’: Japan PM Takaichi condemns Putin’s visit to disputed Kuril Islands

Japan protested Vladimir Putin’s first visit to the disputed Kuril Islands, escalating tensions over territory claimed by both Tokyo and Moscow....

1 week ago

Treasury yields are little changed as U.S. threatens Iran with more economic sanctions

U.S. Treasury yields were relatively unchanged on Friday after the U.S. said its naval blockade of Iranian ports could continue "indefinitely."...

1 week ago

Data centers in space could be a new frontier for insurers — if they can price the risk

The push to build data centers has moved to lower Earth orbit, and insurers could be facing a new market with plenty of complexity....

1 week ago

NATO aircraft shoot down drone over Latvia, which blames 'Russian electromagnetic warfare'

NATO fighters shot down a foreign drone over Latvia as Finland briefly restricted airspace and sea areas amid heightened Baltic security concerns....

1 week ago

Nintendo shares pop 7% after 'Pokémon Pokopia' sales top 5 million

Nintendo has been grappling with rising memory prices which forced the company to raise prices of its Switch 2 console which went on sale just over a year ago....

1 week ago

AI’s infrastructure boom is getting more leveraged — and harder to track

AI’s infrastructure boom is increasingly being funded through bonds, leases and private capital, while leveraged investors add another layer of market risk....

1 week ago

Trump ally Nigel Farage wins special election to return to UK parliament

Farage stepped down last month to trigger the special vote amid controversy over his finances....

1 week ago

China built robots that can do backflips – but can they make money?

Unitree’s IPO will gauge investors’ appetite for a technology that has yet to prove its commercial viability amid intensifying geopolitical tensions....

1 week ago

U.S. to use economic tactics on Iran 'that have never been seen'; Navy works to relieve troubled carrier USS Abraham Lincoln

"It will be a combination of economic isolation like ‌the world has never seen before, and the continued blockade in ‌the Strait of Hormuz," Bessent said....

1 week ago