CNBC

Russia could attack a NATO country within months, Danish intelligence warns

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 i...

4 days ago
India's viral Cockroach Party calls election panel head 'biggest threat' to democracy. Here's why it matters

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 demand...

4 days ago
Here's who attended the Trump-Xi state dinner

Here's who attended the Trump-Xi state dinner

U.S. President Donald Trump hosted a dinner Thursday for Chinese President Xi Jinping....

4 days ago
Virginia tech firm's CEO, Russian national charged with hiding firm's Russian ties from U.S. government

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 contr...

4 days ago
An absence of significant economic slowdown doesn't mean no signs of stagflation risks. Here's why

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...

4 days ago
CEO who posted 'Lake America' sweatshirt photos is no longer with the company

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" sweatshirt...

4 days ago
Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed

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....

4 days ago
Oracle Japan shares surge 7% after record fiscal first quarter, bucking selloff of U.S. parent

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....

4 days ago
China's Xi urges U.S. to cooperate on AI

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....

4 days ago
Costco makes progress on a key membership metric. Here's our new price target on the stock

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....

4 days ago
30-year fixed mortgage rate jumps sharply Thursday to 7.45%

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....

4 days ago
Meta gets to consumer AI device market before OpenAI, but Zuckerberg's strategy remains unproven

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 i...

5 days ago
Pete Hegseth reports at least $3.1 million in cash, investments and bitcoin

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...

5 days ago
Senate narrowly votes down resolution calling for end to Iran war

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...

5 days ago
Bond liquidation wrecks small caps. Here's how bad some traders see it getting

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 marke...

5 days ago
Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy

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....

5 days ago
New York sues Polymarket U.S., two months after filing lawsuit against Kalshi

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....

5 days ago
Student loan borrowers sue Trump administration over forgiven debts on credit reports

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...

5 days ago
MGM Resorts shares sink 9% after Barry Diller's People Inc. rescinds takeover offer

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....

5 days ago
Darden Restaurants stock falls as Olive Garden reports slower growth

Darden Restaurants stock falls as Olive Garden reports slower growth

Olive Garden's same-store sales growth has slowed in recent quarters....

5 days ago
Oracle shares drop on report it sent 'force majeure' notice about data center project

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...

5 days ago
Starbucks to shutter about 250 stores in latest round of cafe closures

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....

5 days ago
Trump, Xi expected to talk Taiwan, AI, trade and Iran as DC summit kicks off

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....

5 days ago
China confirms first AI talks with U.S. have taken place, hints at trade truce extension

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...

5 days ago
New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end

New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end

John Williams was speaking at the London Macro Policy Forum on Thursday....

5 days ago
Global debt tops $365 trillion as economists sound alarm over 'vicious cycle'

Global debt tops $365 trillion as economists sound alarm over 'vicious cycle'

More is being paid out by advanced economies in debt interest than the whole world spends on AI, defense or clean techno...

5 days ago
Switzerland is keeping rates at 0% — for now

Switzerland is keeping rates at 0% — for now

The Swiss National Bank held rates at 0% as low inflation and a strong franc enable it to diverge from other central ban...

5 days ago
Treasury yields continue to rise after 10-year hit 19-year high as investors ramp-up rate hike bets

Treasury yields continue to rise after 10-year hit 19-year high as investors ramp-up rate hike bets

U.S. Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday....

5 days ago
Tehran criticizes Canada for not condemning Trump's threat to destroy Iran

Tehran criticizes Canada for not condemning Trump's threat to destroy Iran

Baqaei said that Carney chose to appease Washington by reframing a threat to "annihilate" Iran as merely "speaking the l...

5 days ago
Judge lifts Trump ban on CNN, MS NOW, Politico from White House

Judge lifts Trump ban on CNN, MS NOW, Politico from White House

District Judge Tim Kelly said the three outlets should have their access immediately restored from the ban that the pres...

5 days ago
France faces a fresh budget battle that threatens to topple another government as debt costs spiral

France faces a fresh budget battle that threatens to topple another government as debt costs spiral

Time is not on the side of French government bonds, strategists have warned, as the nation's deficit balloons....

5 days ago
Japan's 10-year bond yield hits 30-year high following sell-off in Treasurys

Japan's 10-year bond yield hits 30-year high following sell-off in Treasurys

Japanese 10-year government bond yield rose to a 30-year high on Thursday, following a surge in Treasury yields....

5 days ago
Oil falls on report Asia will import highest volume of crude since start of Iran war

Oil falls on report Asia will import highest volume of crude since start of Iran war

Oil fell Thursday, as traders assess a report that Asia is on track to import its highest volume of crude oil since the ...

5 days ago
Chinese authorities reportedly in possession of F-35 components in Hong Kong

Chinese authorities reportedly in possession of F-35 components in Hong Kong

Shipping giant UPS was sending a cockpit canopy and weapons bay door to the U.S. from Australia in late May when it was ...

5 days ago
Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant amid AI agent push

Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant amid AI agent push

Meta CEO Mark Zuckerberg reveals $1,299 Meta VR Glasses and Muse Charm gadget for AI agents....

5 days ago
U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit

The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijin...

5 days ago
Meta's standoff with Amazon over Muse could be a sign of things to come

Meta's standoff with Amazon over Muse could be a sign of things to come

Meta's new Muse AI personal agent is garnering excitement and shows signs of becoming a hit, but Amazon has blocked the ...

5 days ago
Judge hears arguments on Trump White House media ban, hopes to rule 'soon'

Judge hears arguments on Trump White House media ban, hopes to rule 'soon'

The DOJ on Tuesday night cited national security concerns in justifying President Trump's ban of MS NOW, CNN and Politic...

6 days ago
As Trump and Xi meet, Chinese automakers could be a Pandora's box for U.S. auto industry

As Trump and Xi meet, Chinese automakers could be a Pandora's box for U.S. auto industry

Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to keep restrictions on Chinese vehicles and manufac...

6 days ago