CNBC

Trump revives effort to fire Fed's Lisa Cook

Trump revives effort to fire Fed's Lisa Cook

Trump aide Dan Scavino told Cook there is "sufficient reason to believe that you made false statements on one or more mo...

1 week ago
Rockstar Energy founder builds Celsius stake, wants to take over as CEO

Rockstar Energy founder builds Celsius stake, wants to take over as CEO

Rockstar Energy founder Russ Savage told CNBC he now controls 12 million shares of Celsius Holdings, amounting to roughl...

1 week ago
Crypto’s infrastructure era arrives, with AI agents poised to reshape demand

Crypto’s infrastructure era arrives, with AI agents poised to reshape demand

Crypto companies are trying to build a second growth engine by turning agents into the next wave of users....

1 week ago
Cassidy supports Todd Blanche, rescuing Trump's embattled attorney general pick

Cassidy supports Todd Blanche, rescuing Trump's embattled attorney general pick

Attorney General nominee Todd Blanche needs at least 50 votes on the Senate floor to be confirmed after clearing the Sen...

1 week ago
Shares of this digital medical platform were up more than 100% at one point. Here's what's driving it

Shares of this digital medical platform were up more than 100% at one point. Here's what's driving it

The company is seeing huge profitability potential and a larger addressable market as a result of AI search....

1 week ago
U.S. economy unexpectedly lost 23,000 jobs in July

U.S. economy unexpectedly lost 23,000 jobs in July

Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate held steady at 4.2%, according...

1 week ago
Companies scoff at airlines' cheapest business class tickets. 'The real value is flexibility'

Companies scoff at airlines' cheapest business class tickets. 'The real value is flexibility'

Some companies plan to shun the cheapest business- and premium- economy fares from their executives....

1 week ago
The July jobs numbers are due out Friday. Here's what to expect

The July jobs numbers are due out Friday. Here's what to expect

Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%....

1 week ago
Solar stocks shine after Trump extends China tariffs to polysilicon products

Solar stocks shine after Trump extends China tariffs to polysilicon products

Solar stocks rose in premarket trading President Donald Trump announced fresh import restrictions on polysilicon product...

1 week ago
SK Hynix to invest $38 billion building new memory chip plants as demand soars

SK Hynix to invest $38 billion building new memory chip plants as demand soars

Memory prices have surged because of short supply and huge demand with investors watching closely for any changes to the...

1 week ago
Volkswagen controlling families call for faster overhaul to fend off Chinese rivals

Volkswagen controlling families call for faster overhaul to fend off Chinese rivals

Volkswagen's top investor on Friday called on the auto giant to take immediate action to fend off intensifying competiti...

1 week ago
Europe’s wildfire ‘protection gap’ is growing, insurers warn

Europe’s wildfire ‘protection gap’ is growing, insurers warn

Insurers warn that Europe is facing a "protection gap" in wildfire cover as disaster recovery costs outpace insurance co...

1 week ago
Oil rises as Iran's draft plan sees U.S. and Israel banned from Strait of Hormuz

Oil rises as Iran's draft plan sees U.S. and Israel banned from Strait of Hormuz

News of Iran's restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply dis...

1 week ago
The 72-hour crisis that could upend Meta’s business in India as firm risks losing legal protection

The 72-hour crisis that could upend Meta’s business in India as firm risks losing legal protection

U.S. social media giant Meta is facing increasing pressure from Indian regulators, including demands to revoke the firm'...

1 week ago
China's exports jump 23% in July, beating estimates; imports cool

China's exports jump 23% in July, beating estimates; imports cool

China's exports rose more than expected in July, as global demand for high-tech components continues to absorb the count...

1 week ago
Iran's chief negotiator accuses Trump of 'theater diplomacy' with Hormuz traffic near standstill

Iran's chief negotiator accuses Trump of 'theater diplomacy' with Hormuz traffic near standstill

The conflict is broadening across the region, with Gulf energy infrastructure and key shipping chokepoints under renewed...

1 week ago
Meta ordered to pay $567 million into abatement fund as remedy to child harms case in New Mexico

Meta ordered to pay $567 million into abatement fund as remedy to child harms case in New Mexico

A judge in New Mexico ordered Meta to pay $567 million into an abatement fund after a jury ruled the company violated th...

1 week ago
From birth to brokerage: Why South Korea is seeing a surge in infant investment accounts

From birth to brokerage: Why South Korea is seeing a surge in infant investment accounts

South Korean babies are turning into mini shareholders, thanks to their parents' investment strategies....

1 week ago
Grindr's AI spend is paying off and its pricey new tier has had some surprises, CEO says

Grindr's AI spend is paying off and its pricey new tier has had some surprises, CEO says

Grindr says AI is boosting engineering productivity, supporting a new $350-per-month premium tier and driving stronger s...

1 week ago
Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

Airbnb said it's seeing strong demand "across all regions," contributing to the company's better-than-expected forecast....

1 week ago
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales

Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales

The salad chain has not been implicated in the ongoing cyclospora outbreak....

1 week ago
Sen. Mitch McConnell says he's left rehab, will work from home

Sen. Mitch McConnell says he's left rehab, will work from home

"On the advice of my doctors, I'll maintain an intensive regimen of physical therapy from home during the state work per...

1 week ago
Versant raises 2026 outlook on strength of platforms segment and advertising momentum

Versant raises 2026 outlook on strength of platforms segment and advertising momentum

Versant noted revenue growth in its platforms business, which includes Fandango and GolfNow, and now, the recent acquisi...

1 week ago
Copper jumps to its highest level ever. What the metal is telling us

Copper jumps to its highest level ever. What the metal is telling us

Once a reliable gauge if economic health, "Dr. Copper" may be giving complicated signals this year....

1 week ago
AppLovin stock tanks on Q2 revenue miss

AppLovin stock tanks on Q2 revenue miss

Shares of AppLovin tanked 17% Thursday off a second-quarter earnings miss, falling short of analysts' expectations for r...

1 week ago
United Wholesale Mortgage plunges 40% after suspending dividend and raising capital

United Wholesale Mortgage plunges 40% after suspending dividend and raising capital

"We're taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come," CEO Mat...

1 week ago
Trump wins last-minute reprieve temporarily blocking BBC access to his business records

Trump wins last-minute reprieve temporarily blocking BBC access to his business records

Trump sued the BBC for $10 billion, alleging its 2024 “Panorama” documentary about the Jan. 6, 2021, Capitol attack defa...

1 week ago
Fox advertising, streaming service Tubi get boost from World Cup

Fox advertising, streaming service Tubi get boost from World Cup

Fox advertising revenue increased 78% during the quarter primarily due to the FIFA Men's World Cup and growth at ad-supp...

1 week ago
Google is expanding its AI empire — and losing the people who built it

Google is expanding its AI empire — and losing the people who built it

Google’s cloud boom is testing the company's commitment to frontier AI as commercial returns take priority....

1 week ago
The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings

The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings

As Lilly widens its lead in the obesity race, Novo is still racing to win back market share and restore investor confide...

1 week ago
We're exiting our position in a spin-off play gone wrong

We're exiting our position in a spin-off play gone wrong

It will take time to restore credibility with investors after a disappointing first earnings report....

1 week ago
Apollo agrees to buy UK airline EasyJet in $7.7 billion deal as Castlelake withdraws

Apollo agrees to buy UK airline EasyJet in $7.7 billion deal as Castlelake withdraws

EasyJet shares tumbled Thursday after Castlelake said it would not be bidding for the U.K. airline....

1 week ago
Fox won't renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says

Fox won't renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says

Fox has decided not to renegotiate its current TV deal with the NFL until the expiration of the league's opt-out clause ...

1 week ago
SpaceX stock could face further pressure as first batch of shares unlock since IPO

SpaceX stock could face further pressure as first batch of shares unlock since IPO

With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure....

1 week ago
Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties

Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties

The sale of the Amadea caps a turbulent and controversial history for the 348-foot yacht, which was seized from a sancti...

1 week ago
Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination

Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination

Warner Bros. Discovery's streaming segment surpassed $3 million in revenue for the second quarter, marking a 10% increas...

1 week ago
Peloton posts first ever annual net profit, but shares drop as outlook disappoints

Peloton posts first ever annual net profit, but shares drop as outlook disappoints

Peloton delivered its first ever annual profit in fiscal 2026 but it's still working to generate sales growth as consume...

1 week ago
Restaurant Brands International earnings beat as Burger King's U.S. business soars

Restaurant Brands International earnings beat as Burger King's U.S. business soars

Burger King's U.S. business reported same-store sales growth of 8.5%....

1 week ago
Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech

Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech

Hadrian is one of a number of defense tech startups raising large sums and benefiting from President Trump's plans to up...

1 week ago
SoftBank posts profit beat boosted by $8.2 billion investment gain from Intel

SoftBank posts profit beat boosted by $8.2 billion investment gain from Intel

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations....

1 week ago