CNBC

Nike parts ways with Kylian Mbappé; soccer superstar signs with On

Nike parts ways with Kylian Mbappé; soccer superstar signs with On

Mbappe had been signed with Nike for roughly two decades, and his agreement with On is the first it has made with a socc...

1 week ago
Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes

Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes

The chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes n...

1 week ago
Ticket prices rise for Macklemore solo concert after Ed Sheeran tour removal

Ticket prices rise for Macklemore solo concert after Ed Sheeran tour removal

Ticket prices are rising for Macklemore's upcoming solo concert after the rapper was removed from Ed Sheeran's tour for ...

1 week ago
Trump's $403 million war chest is finally being spent on the midterms. Now comes the hard part

Trump's $403 million war chest is finally being spent on the midterms. Now comes the hard part

Democratic Senate candidates entered summer with a cash edge, while Trump-linked groups now pour money into increasingly...

1 week ago
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit

Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit

Leaders of six major auto trade groups joined to sign a letter to the president....

1 week ago
What Jim Cramer learned at NYC's flagship Apple Store for the iPhone 18 launch

What Jim Cramer learned at NYC's flagship Apple Store for the iPhone 18 launch

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET....

1 week ago
Why more companies are fighting over consumers' beauty, health and wellness spending

Why more companies are fighting over consumers' beauty, health and wellness spending

As consumers prioritize holistic retail purchases, beauty, health and wellness are increasingly converging into one cate...

1 week ago
Fed staff should have known Silicon Valley Bank was vulnerable, new report finds

Fed staff should have known Silicon Valley Bank was vulnerable, new report finds

Fed Vice Chair for Supervision Michelle Bowman said a new report indicates the central bank's staff missed signs ahead o...

1 week ago
OpenAI's latest AI revelation is a 'serious situation,' Microsoft's Suleyman tells CNBC

OpenAI's latest AI revelation is a 'serious situation,' Microsoft's Suleyman tells CNBC

Suleyman joined "Squawk Box" to discuss OpenAI's latest incidents of "concerning model behavior" disclosed earlier this ...

1 week ago
Anthropic and OpenAI need truly independent safety evaluators, experts say in public letter

Anthropic and OpenAI need truly independent safety evaluators, experts say in public letter

A coalition of over 100 AI experts are urging independence and transparency from Anthropic, OpenAI and other foundation ...

1 week ago
AI stock swings could affect your 401(k). Here’s what retirement savers need to know

AI stock swings could affect your 401(k). Here’s what retirement savers need to know

Retirement savers may be affected by swings in the artificial intelligence trade. Here is how to assess the risk without...

1 week ago
UN mission finds evidence signaling U.S. war crimes in Iran; Washington rejects report

UN mission finds evidence signaling U.S. war crimes in Iran; Washington rejects report

The UN mission pointed out the missile strike on a primary school that killed over 150 people, as well as another airstr...

1 week ago
Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets

Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets

Nestlé is assessing its options after Russia placed the Swiss food giant’s local assets under temporary external adminis...

1 week ago
Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'

Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'

Buffett's son, Howard, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said....

1 week ago
AirAsia's Fernandes refutes financial concerns, points to new growth plans

AirAsia's Fernandes refutes financial concerns, points to new growth plans

AirAsia's Tony Fernandes pushed back against a report raising concerns over the airline’s financial health, while signal...

1 week ago
A Chinese AI company just connected its model to Wall Street's leading data providers

A Chinese AI company just connected its model to Wall Street's leading data providers

The startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms...

1 week ago
Putin braces for election stress test as Russians ‘feel the pain’ of struggling economy

Putin braces for election stress test as Russians ‘feel the pain’ of struggling economy

Russia’s upcoming election is expected to cement United Russia’s dominance, but voter turnout and its margin of victory ...

1 week ago
Why Japanese stocks rose as government bond yields and the yen fell after rate hike

Why Japanese stocks rose as government bond yields and the yen fell after rate hike

The yen weakened past 157 against the dollar, the yield on the 10-year Japanese Government Bond slipped, while the Nikke...

1 week ago
Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy ride

Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy ride

Mercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week....

1 week ago
Bank of Japan raises interest rates to 31-year high, flags concerns over inflation

Bank of Japan raises interest rates to 31-year high, flags concerns over inflation

The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike....

1 week ago
Oil prices fall as Saudi supply hopes outweigh fresh Houthi strikes

Oil prices fall as Saudi supply hopes outweigh fresh Houthi strikes

Oil prices fell on Friday as additional Saudi crude supplies help ease disruption fears....

1 week ago
How record diesel prices will rip through the U.S. economy. Trucks, rails are only the start

How record diesel prices will rip through the U.S. economy. Trucks, rails are only the start

Record diesel prices are already walloping the transportation sector, and if energy prices stay high, the economic impac...

1 week ago
America’s AI chip talent crisis — why The U.S. needs 157,000 more workers

America’s AI chip talent crisis — why The U.S. needs 157,000 more workers

U.S. semiconductor manufacturing faces a historic worker shortage as demand soars. Here’s how chipmakers and U.S. univer...

1 week ago
House heads home to campaign amid calls for urgent AI action

House heads home to campaign amid calls for urgent AI action

The urgency with which Anthropic, OpenAI and xAI have sought to be regulated has not translated into action on Capitol H...

1 week ago
Intel and Micron lead our portfolio higher, and J&J's strengthens our case for owning it

Intel and Micron lead our portfolio higher, and J&J's strengthens our case for owning it

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hou...

1 week ago
Jensen Huang says Nvidia will sell twice as many chips next year

Jensen Huang says Nvidia will sell twice as many chips next year

Huang's comment is the latest forecast from Nvidia and points to continuing massive growth for the next six quarters....

1 week ago
AI needs to have 'reasonable guidelines,' Palantir's Karp tells CNBC

AI needs to have 'reasonable guidelines,' Palantir's Karp tells CNBC

Palantir CEO Alex Karp called for "reasonable guidelines" on artificial intelligence regulation as tech and policy leade...

1 week ago
Trump photo seems to reference Kennedy Center demolition amid legal battle over closure

Trump photo seems to reference Kennedy Center demolition amid legal battle over closure

President Donald Trump wants his name on the Kennedy Center. But a judge has ruled it cannot be placed there without aut...

1 week ago
U.S. oil falls below $100 as Saudi Arabia reportedly offers more crude via Hormuz after pipeline attack

U.S. oil falls below $100 as Saudi Arabia reportedly offers more crude via Hormuz after pipeline attack

Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports....

1 week ago
‘Stronger together’: Carney welcomes EU invite for Canada to become first-ever associate member

‘Stronger together’: Carney welcomes EU invite for Canada to become first-ever associate member

U.S. President Donald Trump had described the prospect of Canada becoming the first associate member of the EU as "laugh...

1 week ago
Trump gains a tariff weapon against China and India. Will he use it?

Trump gains a tariff weapon against China and India. Will he use it?

U.S. House has paved the way for a legislation that will allow Trump to impose up to 100% tariffs on countries buying Ru...

1 week ago
Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'

Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'

Alexis Ohanian said AI risks are more mundane than the "Terminator and Skynet" scenarios some fear....

1 week ago
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation

Bank of England set to defy Fed’s rate-hike lead, despite rising inflation

The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs k...

1 week ago
A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets

A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets

The Federal Reserve is raising interest rates again, and the effects could reach far beyond U.S. shores. ...

1 week ago
Mark Walter and Todd Boehly selling stakes in Chelsea Football Club to Clearlake Capital

Mark Walter and Todd Boehly selling stakes in Chelsea Football Club to Clearlake Capital

Two of Walter's insurance companies faces federal criminal and civil investigations into the accounting of roughly $21 b...

1 week ago
Trump plans to meet Gulf leaders at UN next week on Iran war's endgame: report

Trump plans to meet Gulf leaders at UN next week on Iran war's endgame: report

Washington's efforts for resuming ceasefire talks appear to have stalled, as Gulf states absorb escalating attacks from ...

1 week ago
'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal

'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal

European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate ...

1 week ago
Trump demands 1% or lower interest rate after first Fed hike since 2023

Trump demands 1% or lower interest rate after first Fed hike since 2023

President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if ...

1 week ago
Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike

Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike

The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Tr...

1 week ago
Anthropic policy chief says AI companies can't be expected to operate on 'honor code'

Anthropic policy chief says AI companies can't be expected to operate on 'honor code'

Sarah Heck, Anthropic's head of public policy, offered her perspectives on AI safety as the debate about how to regulate...

1 week ago