CNBC
Trump says he approved new fuel economy standards rolling back Biden-era rules
The new fuel economy standards will reverse the Biden administration's stricter policies meant to spur electric vehicle adoption....
1 week ago
Here's exactly what Paramount promised Hollywood to land WBD — and why some are still skeptical
Paramount CEO David Ellison's antitrust settlement eased some theatrical concerns, but questions remain about what happens when the five-year agreement ends....
1 week ago
White House moves to block $810 million in funding through pocket rescission
The White House is moving to block $810 million in appropriated funds days before the fiscal year ends, drawing objections over the maneuver....
1 week ago
OpenAI expands review of model behavior after more rogue agent incidents emerge
OpenAI is conducting an extensive review of misaligned model activity after disclosures involving an Australian government portal and other websites....
1 week ago
Apple faces $5.7 billion patent infringement verdict over iPhone and Apple Watch haptics
A federal jury awarded Taction Technology more than $5.7 billion after finding Apple infringed claims from two haptics patents. Apple plans to appeal....
1 week ago
The blue-collar AI job market is booming. Will data center backlash make it go bust?
The public has soured on AI data centers and states are slowing development, but for HVAC, plumbing, welding, and electrical workers, it's been a jobs boom....
1 week ago
Berkshire adds to nearly doubled stake in slumping homebuilder
Berkshire Hathaway has increased its bet on a long-term recovery for the struggling U.S. housing market by nearly doubling its stake in Lennar, the nation's second largest homebuilder, since the begin...
1 week ago
Trump rejects Iran's conditional ceasefire proposal, WSJ reports, as Saudi coalition intercepts projectiles
Trump expects renewed U.S. bombing of Iran after the midterm elections, The Wall Street Journal reports, as Saudi-backed forces intercept projectiles....
1 week ago
Audemars Piguet says its Royal Pop collaboration with Swatch is breaking sales records, despite luxury watch slump and tariffs
Swiss luxury watchmaker Audemars Piguet says its sales and engagement are breaking records after its risky, eye-catching Royal Pop collaboration with Swatch....
1 week ago
Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms
The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts....
1 week ago
Coca-Cola hires Rob Gehring from Monster Energy to run its North American operations
Coca-Cola is trying to maintain growth as consumers face higher gas and grocery prices....
1 week ago
Airlines waive change fees ahead of nor'easter as flight delays trickle in
Flight disruptions were minimal for Saturday as of Friday morning....
1 week ago
How recent grads and college students should be thinking about AI, the CV, and the job market
It is getting harder for college students and recent graduates to be seen in the job market as AI is used as a hiring tool and demanded by employers as a skill....
1 week ago
Meta's 'powerful breakout' sets up a unique trading strategy, says Mike Khouw
With a brilliant hardware funnel and an options market pricing in juicy short-term premiums, Meta looks primed for a powerful breakout into 2027. ...
1 week ago
Trump says Scott Bessent won't be AI czar
President Donald Trump said Treasury Secretary Bessent doesn't want to be what the president is calling the "Super Intelligence czar."...
1 week ago
Inside Wealth: New study reveals the estate-planning choices that are likely to pit heirs against each other
The study identified contested trust disputes by examining thousands of civil filings that were scheduled to come before San Francisco Superior Court....
1 week ago
Novo is betting on its next chapter as Eli Lilly gains more ground in GLP-1s
As Novo works to turn itself around, some analysts say Lilly has advantages that could help it maintain its position at the top of the obesity drug market. ...
1 week ago
NIH funding cuts delayed a promising childhood brain cancer trial. Patients lost time they didn't have
A delayed clinical trial underscores the stakes of federal research funding cuts for children with DIPG, a deadly brain tumor with few treatment options....
1 week ago
U.S. Treasury yields tick higher as global bond rout slows
U.S. Treasury yields continued to climb higher to end the week following a global bond selloff and stronger-than-expected U.S. economic data....
1 week ago
See which incumbents have the biggest cash advantage in the tightest U.S. House races
Incumbents hold commanding cash advantages in many of the U.S. House 2026 midterm election races expected to help decide control of Congress....
1 week ago
Warsh's regime change at the Fed pushes ahead – and meets resistance
Fed Chairman Kevin Warsh is driving rapid change in some areas, while his emerging policy framework suggests further rate hikes remain possible....
1 week ago
China saw 'surprise' jump in U.S. orders ahead of Trump-Xi summit, private survey shows
A private survey shows a rebound in China's exports to the U.S. as companies position for continued stability between the world's two largest economies....
1 week ago
Pharma stock soars 150% on injectables deal with Wegovy maker Novo
Shares in Swedish microcap stock Nanexa more than doubled after the drug-delivery group revealed a licensing deal with European pharma giant Novo Nordisk....
1 week ago
Iran offers to reopen Strait of Hormuz within 7 days and restart nuclear talks
The remarks came as the Houthis launched a new wave of missile and drone attacks at Saudi targets Friday morning....
1 week ago
Russia could attack a NATO country within months, Danish intelligence warns
The new threat assessment joins a growing chorus of Russia warnings from top European security officials and lawmakers in recent days....
1 week ago
India's viral Cockroach Party calls election panel head 'biggest threat' to democracy. Here's why it matters
Months after its Gen Z protest rattled the Modi government, India's viral youth movement, the Cockroach Party, is demanding the top election official steps down....
1 week ago
Here's who attended the Trump-Xi state dinner
U.S. President Donald Trump hosted a dinner Thursday for Chinese President Xi Jinping....
1 week ago
Virginia tech firm's CEO, Russian national charged with hiding firm's Russian ties from U.S. government
Oxygen Forensics counted numerous U.S. government agencies among its customers but lied for years about who really controlled it, prosecutors allege....
1 week ago
An absence of significant economic slowdown doesn't mean no signs of stagflation risks. Here's why
Keep watch for signs of stagflation, even if there isn't a significant slowdown in the economy, according to J.P. Morgan. ...
1 week ago
CEO who posted 'Lake America' sweatshirt photos is no longer with the company
Smith on Sept. 11 had posted an allegedly AI-edited photo on Facebook of her family dressed in "Lake America" sweatshirts....
1 week ago
Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed
Markets expect the central bank will take a firmer hand on inflation. It's not that easy....
1 week ago
Oracle Japan shares surge 7% after record fiscal first quarter, bucking selloff of U.S. parent
Oracle Japan shares surged after the company reported record fiscal first-quarter sales and profits....
1 week ago
China's Xi urges U.S. to cooperate on AI
U.S. President Donald Trump hosted Chinese President Xi Jinping on Thursday at the White House....
1 week ago
Costco makes progress on a key membership metric. Here's our new price target on the stock
Costco's membership renewal rates moved in the right direction. But the debate isn't totally settled just yet....
1 week ago
30-year fixed mortgage rate jumps sharply Thursday to 7.45%
The 30-year fixed rate surged to 7.45%, the highest level since April 2024 as bonds sold off and yields rose....
1 week ago
Meta gets to consumer AI device market before OpenAI, but Zuckerberg's strategy remains unproven
Meta CEO Mark Zuckerberg's new Muse Charm device is intended to put his company ahead of rivals like OpenAI and Google in AI agents and consumer hardware....
1 week ago
Pete Hegseth reports at least $3.1 million in cash, investments and bitcoin
Defense Secretary Pete Hegseth reported at least $3.1 million in assets as he faces an impeachment push in Congress over his handling of the Iran war....
1 week ago
Senate narrowly votes down resolution calling for end to Iran war
The vote came weeks before the midterm elections, where President Donald Trump's fellow Republicans are trying to retain their majorities in Congress....
1 week ago
Bond liquidation wrecks small caps. Here's how bad some traders see it getting
While the S&P 500 powers through rising bond yields and higher crude oil prices, one section of the U.S. stock market is falling behind....
1 week ago
Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy
Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing....
1 week ago
New York sues Polymarket U.S., two months after filing lawsuit against Kalshi
State attorney general Letitia James claims Polymarket has violated the state's gambling laws....
1 week ago
Student loan borrowers sue Trump administration over forgiven debts on credit reports
Student loan holders sued the Education Department on Thursday, claiming they suffered financial damages despite getting their debts forgiven years ago....
1 week ago
MGM Resorts shares sink 9% after Barry Diller's People Inc. rescinds takeover offer
Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts....
1 week ago
Darden Restaurants stock falls as Olive Garden reports slower growth
Olive Garden's same-store sales growth has slowed in recent quarters....
1 week ago
Oracle shares drop on report it sent 'force majeure' notice about data center project
Oracle is looking to delay payment on Project Jupiter, if it fails to come online as expected in 2028...
1 week ago
Starbucks to shutter about 250 stores in latest round of cafe closures
Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround....
1 week ago
Trump, Xi expected to talk Taiwan, AI, trade and Iran as DC summit kicks off
Trump greeted China's Xi at Joint Base Andrews, his first time traveling to the facility to welcome a foreign leader....
1 week ago
China confirms first AI talks with U.S. have taken place, hints at trade truce extension
Chinese confirmation of the AI discussions came just hours before President Xi Jinping was scheduled to begin talks with U.S. President Donald Trump....
1 week ago
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