CNBC

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

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

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 unwound his ties to Cantor Fitzgerald as the billionaire financier joined the Trump administration....

5 days ago

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 Blue Shield put the tab near $1 billion....

5 days ago

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

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

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

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 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

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

5 days ago

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 participation in the Alaska LNG project....

5 days ago

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 Benjamin Netanyahu....

5 days ago

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 says it identified an attempt to extract protected reasoning from its AI models, linking part of the activity with China’s Moonshot AI....

5 days ago

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'

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

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

5 days ago

Trump administration starts sending $500 Obamacare refund checks — who stands to benefit

The refunds come after millions of people lost premium subsidies for their health insurance and right before the midterm elections....

5 days ago

Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon with warfare initiative, Hegseth says

Pete Hegseth, in remarks about the state of the military, announced a project led by two GOP-supporting tech executives to examine military capabilities....

5 days ago

Micron beats on earnings and issues strong guidance as global memory shortage continues

Micron is up over 500% in the past year as the company benefits from soaring AI demand....

5 days ago

Fed watchdog finds renovation failures, but no grounds for criminal referral

The long-awaited report by the Fed's inspector general said it found no reasonable grounds to believe federal criminal law had been violated....

5 days ago

Senate Democrats sink 'toothless' stock trading ban, data center bill in last act before election recess

Two separate proposals to ban member stock trading while in office and address data center-related utility costs failed Wednesday amid Democratic opposition....

6 days ago

Kalshi traders see high odds Anthropic's IPO is announced this year

The higher odds come after the artificial intelligence company reportedly warned investors in its IPO prospectus that its models could be dangerous....

6 days ago

DOJ accuses Minnesota federal judges of misconduct for NY Times immigration interviews

The Department of Justice seeks the recusal of the judges who spoke to The New York Times from any cases involving the Department of Homeland Security....

6 days ago

FTC is investigating OpenAI, Anthropic and other AI companies over product risks

The probe adds to the mounting scrutiny that OpenAI and Anthropic have been facing over their safety practices following the Hugging Face hack....

6 days ago

Trump's latest global tariffs face trade court challenge

The Trump administration says the tariffs respond to countries failing to effectively ban the trade of goods produced using forced-labor practices....

6 days ago

Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low

Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company's 2026 guidance and its plans to be cash-flow positive by 2027....

6 days ago

'Super intelligence is a national security issue,' Jay Clayton says; dodges AI 'czar' question

A media report this week said President Donald Trump stated that Clayton, the director of national intelligence, would make a good AI czar....

6 days ago

Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected

The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus....

6 days ago

Robinhood unveils weekend hours, AI agents to allow users to trade nonstop

Robinhood is broadening its offerings in a bid for more active traders who may be seeking trading access beyond traditional U.S. stock market hours....

6 days ago

Dan Ives prepares to debut fund offering access to private companies fueling AI boom

Yorkville Ives priced a fund aiming to give investors access to the private companies helping develop artificial intelligence....

6 days ago

Trump's meeting with tech leaders leaves AI safety more unsettled than ever

Following Trump's lunch with AI leaders at the White House, the industry remains largely unchanged on AI safety....

6 days ago

Inside Man: How Chinese spies used lies, love and betrayal to target the Federal Reserve

A CNBC investigation shows how former Fed advisor John Rogers became entangled with a man U.S. officials identify as a Chinese intelligence operative....

6 days ago

Drastic budget cutbacks essential to fund Europe's defense, Germany and allies warn

Six European leaders have called for major cuts to a proposed 2 trillion euro budget....

6 days ago

Boeing rises 3% after securing U.S. navy deal to develop next-generation fighter jet

The Department of War and the U.S. Navy said Tuesday that it's chosen aircraft manufacturer Boeing to develop its next generation of fighter jets....

6 days ago

Oil prices climb as Trump denies offering Iran sanctions relief; Qatar pushes for peace talks

Oil rose Wednesday after U.S. President Donald Trump denied offering sanctions relief to Iran....

6 days ago

Pressure on U.S. Treasurys eases after 30-year yield hits highest level since 2002

U.S. Treasury yields were lower on Wednesday after a fresh round of selloffs the previous day, as investors remained concerned about inflation....

6 days ago

AI broke the job application. What replaces it?

Candidates can use AI to create endless resumes and cover letters. It's forcing businesses to rethink how they hire....

6 days ago

Beijing warns of retaliation if Europe imposes curbs on Chinese businesses

China must "respond firmly" if the EU introduces restrictions on Chinese businesses or products, the Commerce Ministry said, according to a CNBC translation....

6 days ago

China factory activity snaps 2-month contractionary streak in September

China's factory activity returned to growth in September as a deepening economic malaise prompts policymakers to ramp up stimulus steps and bolster growth....

6 days ago

Hedge funds now hold a record share of the $30 trillion Treasury market. What could go wrong?

Hedge funds can boost Treasury market liquidity, but their growing role also risks creating financial instability....

6 days ago

Trump tries to rename AI 'super intelligence' as polls show him sinking on key issue

Trump shrugged when asked if he is concerned that his support for AI and data centers could hurt Republicans in the upcoming midterm election....

6 days ago

The Fed's main inflation measure will be released Wednesday. Here's what to expect

Data is expected to show ongoing price pressures and consumers who nevertheless continue to spend....

6 days ago

Trump Accounts will auto-enroll children, potentially adding 60 million accounts: Treasury

The Treasury Department announced that Trump Accounts will begin auto-enrolling eligible children. Here's what families need to know....

6 days ago

Ford CEO says it's 'too late' for Europe to fend off Chinese automakers, but not U.S.

CEO Jim Farley's warning comes on the heels of a high-profile visit last week by Chinese President Xi Jinping with President Donald Trump...

6 days ago

Trump government ads were funded by Homeland Security, WSJ reports

CBP funded government-paid Trump TV ads as Democratic appropriators say DHS dedicated $20 million to the campaign ahead of the midterm election....

6 days ago

Tech leaders arrive at White House for AI luncheon with Trump

The artificial intelligence luncheon comes as calls for a slowdown and regulation reach a fever pitch...

1 week ago

El Pollo Loco to open first New York restaurant as it aims to become national chicken chain

El Pollo Loco will open its first New York City restaurant next year in Queens as it aims to become a national chicken chain....

1 week ago

New AI-powered government website uses Gemini, Grok, Trump official Gebbia says

Trump called the new website, America.gov, "a restoration of America's founding promise."...

1 week ago