CNBC
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....
1 week 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...
1 week 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....
1 week 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...
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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. ...
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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?...
1 week 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....
1 week 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."...
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week ago
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....
1 week 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....
1 week 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....
1 week 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)....
1 week 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...
1 week 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%....
1 week 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....
1 week 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....
1 week 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....
1 week 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....
1 week ago
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