CNBC

Inside Wealth: New study reveals the estate-planning choices that are likely to pit heirs against each other

The study identified contested trust disputes by examining thousands of civil filings that were scheduled to come before San Francisco Superior Court....

17 minutes ago

Novo is betting on its next chapter as Eli Lilly gains more ground in GLP-1s

As Novo works to turn itself around, some analysts say Lilly has advantages that could help it maintain its position at the top of the obesity drug market. ...

2 hours ago

NIH funding cuts delayed a promising childhood brain cancer trial. Patients lost time they didn't have

A delayed clinical trial underscores the stakes of federal research funding cuts for children with DIPG, a deadly brain tumor with few treatment options....

2 hours ago

U.S. Treasury yields tick higher as global bond rout slows

U.S. Treasury yields continued to climb higher to end the week following a global bond selloff and stronger-than-expected U.S. economic data....

3 hours ago

See which incumbents have the biggest cash advantage in the tightest U.S. House races

Incumbents hold commanding cash advantages in many of the U.S. House 2026 midterm election races expected to help decide control of Congress....

3 hours ago

Warsh's regime change at the Fed pushes ahead – and meets resistance

Fed Chairman Kevin Warsh is driving rapid change in some areas, while his emerging policy framework suggests further rate hikes remain possible....

4 hours ago

China saw 'surprise' jump in U.S. orders ahead of Trump-Xi summit, private survey shows

A private survey shows a rebound in China's exports to the U.S. as companies position for continued stability between the world's two largest economies....

4 hours ago

Pharma stock soars 150% on injectables deal with Wegovy maker Novo

Shares in Swedish microcap stock Nanexa more than doubled after the drug-delivery group revealed a licensing deal with European pharma giant Novo Nordisk....

5 hours ago

Iran offers to reopen Strait of Hormuz within 7 days and restart nuclear talks

The remarks came as the Houthis launched a new wave of missile and drone attacks at Saudi targets Friday morning....

6 hours ago

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 in recent days....

6 hours ago

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 demanding the top election official steps down....

7 hours ago

Here's who attended the Trump-Xi state dinner

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

8 hours ago

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 controlled it, prosecutors allege....

9 hours ago

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. ...

9 hours ago

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" sweatshirts....

10 hours ago

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....

12 hours ago

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....

13 hours ago

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....

13 hours ago

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....

14 hours ago

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....

16 hours ago

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 in AI agents and consumer hardware....

17 hours ago

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 his handling of the Iran war....

19 hours ago

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 their majorities in Congress....

20 hours ago

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 market is falling behind....

20 hours ago

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....

21 hours ago

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....

21 hours ago

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 their debts forgiven years ago....

22 hours ago

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....

1 day ago

Darden Restaurants stock falls as Olive Garden reports slower growth

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

1 day ago

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...

1 day ago

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....

1 day ago

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....

1 day ago

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 U.S. President Donald Trump....

1 day ago

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....

1 day ago

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 technology....

1 day ago

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 banks, though markets expect hikes ahead....

1 day ago

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....

1 day ago

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 language of war."...

1 day ago

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 president had announced on Sept. 18....

1 day ago

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....

1 day ago

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....

1 day ago

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 start of the US-Iran war....

1 day ago

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 diverted to Hong Kong....

1 day ago

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....

1 day ago

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 Beijing to fulfill more deliverables....

1 day ago

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 app from its site....

1 day ago

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 Politico from the White House....

1 day ago

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 manufacturers....

1 day ago

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, experts say....

1 day ago