CNBC

Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions

Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions

A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, expert...

6 days ago
Tesla Roadster reveal is creating a unique options opportunity, says Mike Khouw

Tesla Roadster reveal is creating a unique options opportunity, says Mike Khouw

Teslas are expensive cars, and the Roadster, which the company will reveal on October 1st, will likely be the its most e...

6 days ago
McDonald's CEO expects high inflation, fewer diner visits are here to stay

McDonald's CEO expects high inflation, fewer diner visits are here to stay

McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the...

6 days ago
Trump faces Xi as strains with allies complicate U.S. pressure on China

Trump faces Xi as strains with allies complicate U.S. pressure on China

As Trump prepares to meet Xi, strains with U.S. allies are complicating Washington’s efforts to marshal pressure against...

6 days ago
Meta's Muse reignites AI disruption fears. Traders are targeting this brokerage stock as next casualty

Meta's Muse reignites AI disruption fears. Traders are targeting this brokerage stock as next casualty

Meta's latest consumer AI product is sending such big shockwaves through the market that it's even inflaming a long-time...

6 days ago
Bond market losses may offer a sizable tax savings opportunity to investors right now

Bond market losses may offer a sizable tax savings opportunity to investors right now

Don’t wait until December: The bond market selloff has opened a tax-loss harvesting opportunity for investors to offset ...

6 days ago
10-year Treasury yield leaps to fresh 19-year high after hot economic readings

10-year Treasury yield leaps to fresh 19-year high after hot economic readings

Treasury yields traded higher on Wednesday as new services and manufacturing sector data increased worry of further Fede...

6 days ago
Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale

Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale

Toms, which manages just over $4 billion in assets, says in the letter it is now one of Devon's top five shareholders....

6 days ago
Trump-Xi meeting: Why China's self-sufficiency changes the calculus

Trump-Xi meeting: Why China's self-sufficiency changes the calculus

Persistent growth of Chinese exports to the U.S. is helping the world's second-largest economy ride out ongoing domestic...

6 days ago
Iran says Trump’s threats a sign of ‘strategic desperation,’ floats conditions for Hormuz reopening

Iran says Trump’s threats a sign of ‘strategic desperation,’ floats conditions for Hormuz reopening

Tehran's proposal could pave the way for restoring traffic through the Strait of Hormuz, reviving fragile hopes for a di...

6 days ago
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%

Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%

As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates....

6 days ago
Texas turning blue may hinge on Democrats harnessing data center opposition

Texas turning blue may hinge on Democrats harnessing data center opposition

Data center opposition is reshaping Texas' 2026 governor and Senate races as voters raise concerns over power, water and...

6 days ago
South Korea pushes for Trump summit with renegade North Korea, seeing opportunity for peace

South Korea pushes for Trump summit with renegade North Korea, seeing opportunity for peace

South Korea pushes for Trump summit with renegade North Korea, seeing opportunity for peace...

6 days ago
AI is killing the grunt work, forcing companies to rethink entry-level hiring

AI is killing the grunt work, forcing companies to rethink entry-level hiring

AI is becoming increasingly adept at tasks usually given to junior employees. Some fear the impact it might have on entr...

6 days ago
Zelenskyy says Ukraine ready for ‘energy ceasefire’, calls for trilateral meeting with Putin, Trump

Zelenskyy says Ukraine ready for ‘energy ceasefire’, calls for trilateral meeting with Putin, Trump

Zelenskyy said Ukraine is ready for an “energy ceasefire” with Russia, provided Moscow stops attacks on critical infrast...

6 days ago
Trump-Xi summit puts AI safety talks on the table but neither side wants to slow down

Trump-Xi summit puts AI safety talks on the table but neither side wants to slow down

Recent weeks have seen AI safety fears reach new heights. That will be a key focus for the U.S. and Chinese premiers, an...

6 days ago
CNBC Daily Open: Nothing artificial about 'Super Intelligence'

CNBC Daily Open: Nothing artificial about 'Super Intelligence'

President Donald Trump seeks to rebrand AI ahead of his meeting with China's Xi Jinping, while rejecting a "globalist sc...

6 days ago
DOJ defends Trump ban of 3 news outlets, says White House access is a 'privilege — not a right'

DOJ defends Trump ban of 3 news outlets, says White House access is a 'privilege — not a right'

The Department of Justice also argued President Trump was motivated by national security concerns in banning MS NOW, CNN...

6 days ago
Oil falls after U.S. and Iran talk for hours at UN meeting

Oil falls after U.S. and Iran talk for hours at UN meeting

Oil fell Wednesday, amid hopes of a diplomatic solution to the conflict in the Middle East after Iran and the U.S. had t...

6 days ago
In photos: Key takeaways from day one of the UN General Assembly

In photos: Key takeaways from day one of the UN General Assembly

World leaders descended on New York for the annual United Nations General Assembly, where the agenda covers topics from ...

6 days ago
Royal Caribbean nears $3 billion deal to take 50% equity stake in Sandals

Royal Caribbean nears $3 billion deal to take 50% equity stake in Sandals

Royal Caribbean has been trying to diversify beyond cruises and become a leader overall in vacations....

1 week ago
Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns

Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns

Cisco stock hit a record over the summer, but Piper Sandler analysts expressed concerns that growth is peaking in the in...

1 week ago
Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says

Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says

Republican lawmakers have called for an export ban as high diesel prices hit farmers and truckers ahead of the November ...

1 week ago
Lennar shares pop as Berkshire builds almost a 10% stake in beleaguered homebuilder

Lennar shares pop as Berkshire builds almost a 10% stake in beleaguered homebuilder

The conglomerate built by Warren Buffett and led today by Greg Abel holds a sizable stake in Miami-based homebuilder Len...

1 week ago
Trump discloses more than 1,100 July trades, including up to $25 million each in sales of Microsoft, Amazon

Trump discloses more than 1,100 July trades, including up to $25 million each in sales of Microsoft, Amazon

Trump sold tech stocks including Amazon and Microsoft when the Mag 7 stocks popped on July 20, adding $291 billion in ma...

1 week ago
Autonomous trucking company Aurora looks to accelerate toward profitability

Autonomous trucking company Aurora looks to accelerate toward profitability

Aurora's founder and CEO told CNBC the company is targeting positive free cash flow by 2028, driven by a substantial inc...

1 week ago
Democrats lead the polls. Republicans lead in cash heading into the midterms

Democrats lead the polls. Republicans lead in cash heading into the midterms

Republicans hold a $103 million cash advantage across national party committees as the fight for control of Congress ent...

1 week ago
Watch: Trump speaks at UN General Assembly

Watch: Trump speaks at UN General Assembly

The U.S. "will no longer permit threats to America to gain a foothold anywhere in the Western Hemisphere," Trump will sa...

1 week ago
U.S. strikes Greenland deal for 'permanent control over security,' will send forces to Danish dogsled outpost and reopen Cold War base: Report

U.S. strikes Greenland deal for 'permanent control over security,' will send forces to Danish dogsled outpost and reopen Cold War base: Report

Trump said the agreement with Greenland and Denmark would give the U.S. "permanent control over security" in the Danish ...

1 week ago
Jim Cramer's top 10 things to watch in the stock market Tuesday

Jim Cramer's top 10 things to watch in the stock market Tuesday

Futures are indicating a relatively steady open following yesterday's AI-driven stock rally....

1 week ago
Kalshi asks CFTC to allow margin trading on its platform, letting users buy with borrowed funds

Kalshi asks CFTC to allow margin trading on its platform, letting users buy with borrowed funds

It's the latest move by the company as it and other event contract exchanges seek to gain greater participation by insti...

1 week ago
Flight disruptions ease at Newark, Philadelphia airports following equipment outage

Flight disruptions ease at Newark, Philadelphia airports following equipment outage

Flight delays continued Tuesday but were far fewer compared with Monday, when an FAA flight data system failed and a dam...

1 week ago
Novo CEO signals M&A opportunities to strengthen drug pipeline

Novo CEO signals M&A opportunities to strengthen drug pipeline

Novo CEO Mike Doustdar told CNBC that it is considering M&A opportunities as it faces growing competition in the wei...

1 week ago
U.S. Treasury yields ease as investors await fresh jobs data, Fed comments

U.S. Treasury yields ease as investors await fresh jobs data, Fed comments

Economic data, the Iran war and looming UN meetings are in focus....

1 week ago
Trump to press Zelenskyy for energy truce, says Russia has ‘lost control’ of oil due to Ukraine war

Trump to press Zelenskyy for energy truce, says Russia has ‘lost control’ of oil due to Ukraine war

U.S. President Donald Trump said Russia has “lost control” of its diesel oil industry due to the Ukraine war, as he pres...

1 week ago
Alibaba shares jump as new AI chip, data center buildout plans unveiled

Alibaba shares jump as new AI chip, data center buildout plans unveiled

Alibaba shares jumped 3% in Hong Kong on Tuesday as the tech giant unveiled a new AI chip and plans to sharply expand it...

1 week ago
Oil rises amid worries of growing Iran-U.S. tensions after Bessent issues Iranian airline shutdown warning

Oil rises amid worries of growing Iran-U.S. tensions after Bessent issues Iranian airline shutdown warning

Oil rose Tuesday, amid concerns of growing Iran-U.S. tensions. after U.S. Treasury Secretary Scott Bessent told CNBC tha...

1 week ago
Taiwan benchmark Taiex rises to record intraday high as tech stocks advance

Taiwan benchmark Taiex rises to record intraday high as tech stocks advance

Taiwan's benchmark Taiex rose to a record intraday high Tuesday, driven by gains in the tech sector, following an AI-dri...

1 week ago
Here's who we know is going to the Trump-Xi dinner so far

Here's who we know is going to the Trump-Xi dinner so far

Very little is known about which Chinese business executives, if any, are expected to attend....

1 week ago
Tesla makes a move on Southeast Asia's largest EV market. A homegrown giant awaits

Tesla makes a move on Southeast Asia's largest EV market. A homegrown giant awaits

Tesla recently set up a subsidiary in Vietnam, taking a step toward a potential entry into a fast-growing EV market domi...

1 week ago