CNBC

World Cup travel boost hasn't materialized for U.S. businesses — yet

World Cup travel boost hasn't materialized for U.S. businesses — yet

The expected travel boom from the World Cup is looking like it will be a city-by-city, match-by-match test of pricing po...

2 days ago
Nike has limited time to prove itself, especially after a tough analyst downgrade

Nike has limited time to prove itself, especially after a tough analyst downgrade

Nike is on borrowed time if it cannot prove itself in its next quarterly report....

2 days ago
As gold's tumble continues, traders bet the pain may last for two more years

As gold's tumble continues, traders bet the pain may last for two more years

Selling in the precious metal just keeps getting worse, with the GLD ETF now down 25% from its intraday record in Februa...

2 days ago
North Carolina treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic

North Carolina treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic

North Carolina has invested heavily in AI startups OpenAI and Anthropic while avoiding a direct stake in SpaceX....

2 days ago
Trump pledges more Iran strikes, saying U.S. will be 'attacking them very hard'

Trump pledges more Iran strikes, saying U.S. will be 'attacking them very hard'

President Donald Trump promised more attacks on Iran after strikes resumed this week. Earlier this week, he said a deal ...

2 days ago
We're booking profits in a market rotation winner — further padding our growing cash pile

We're booking profits in a market rotation winner — further padding our growing cash pile

We're making another sale on Wednesday to increase our cash pile and protect against future market volatility....

2 days ago
Trump signs $70 billion immigration funding bill after months of delay

Trump signs $70 billion immigration funding bill after months of delay

The $70 billion package will fund Immigration and Customs Enforcement and Customs and Border Protection through the end ...

2 days ago
Palantir's Karp says businesses are 'unhappy' with the frontier AI labs

Palantir's Karp says businesses are 'unhappy' with the frontier AI labs

Palantir CEO Alex Karp says AI will drive the most important political decisions in the U.S. and shouldn't be decided by...

2 days ago
Here's the inflation breakdown for May 2026 — in one chart

Here's the inflation breakdown for May 2026 — in one chart

Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices....

2 days ago
Regulators' proposed prediction markets rules ban trading on terrorism, assassinations

Regulators' proposed prediction markets rules ban trading on terrorism, assassinations

The proposed rules from the commission will now face a public comment period....

2 days ago
Consumer prices rose 4.2% annually in May, highest in three years

Consumer prices rose 4.2% annually in May, highest in three years

The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate...

2 days ago
Bill Gates to face questions about Jeffrey Epstein from House Oversight panel

Bill Gates to face questions about Jeffrey Epstein from House Oversight panel

Gates reportedly prepared for his testimony with the help of Jake Greenberg, who previously was the Oversight committee'...

2 days ago
Trump says Iran will 'pay the price' and claims they have 'taken too long' to agree to a deal

Trump says Iran will 'pay the price' and claims they have 'taken too long' to agree to a deal

The president's comments came after U.S. forces on Tuesday evening launched strikes against Iran....

2 days ago
Two reasons for optimism after Tuesday's whipsaw market sell-off

Two reasons for optimism after Tuesday's whipsaw market sell-off

There's reason for optimism, judging by bullish options flows around stocks that do better when interest-rates stay lowe...

2 days ago
SoftBank sinks over 8% as Asia tech stocks tumble, tracking Wall Street losses

SoftBank sinks over 8% as Asia tech stocks tumble, tracking Wall Street losses

Asian semiconductor and technology stocks fell on Wednesday, tracking overnight losses on Wall Street....

3 days ago
Oil choppy after U.S. completes Iran strikes following Apache helicopter attack

Oil choppy after U.S. completes Iran strikes following Apache helicopter attack

Oil prices rose after the U.S. launched military strikes against Iran, raising concerns that renewed clashes may threate...

3 days ago
What next for BP? Leadership exits test investor confidence in board oversight

What next for BP? Leadership exits test investor confidence in board oversight

An executive exodus at BP has sparked intense scrutiny from investors....

3 days ago
China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses

China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses

Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw...

3 days ago
Jim Cramer says tech stocks are losing the qualities that made them the leaders of the rally

Jim Cramer says tech stocks are losing the qualities that made them the leaders of the rally

CNBC's Jim Cramer said tech stocks are losing key traits that fueled their leadership since 2023....

3 days ago
$70 billion immigration funding package passes in U.S. House in a win for Speaker Johnson

$70 billion immigration funding package passes in U.S. House in a win for Speaker Johnson

The U.S. House on Tuesday approved a $70 billion immigration enforcement funding package after months of debate....

3 days ago
SpaceX IPO explained: The price is set, but retail allocation still up in the air

SpaceX IPO explained: The price is set, but retail allocation still up in the air

Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley's E-Trade are among the brokerage platforms making SpaceX s...

3 days ago
White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge

White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge

Gov. Kathy Hohul in May signed a New York law that barred agreements with ICE that made it easier for the agency to deta...

3 days ago
Social Security retirement trust fund may be depleted in 2032, new trustees report finds

Social Security retirement trust fund may be depleted in 2032, new trustees report finds

The Social Security Administration has released a report with new projections as to when the trust funds that help pay b...

3 days ago
Trump says U.S. must 'respond' after Iran shoots down helicopter over Hormuz Strait

Trump says U.S. must 'respond' after Iran shoots down helicopter over Hormuz Strait

The latest outbreak of violence in the Strait of Hormuz came as President Donald Trump repeated that a deal with Iran co...

3 days ago
Jim Cramer debates trimming 2 stocks — one struggling name, the other a winner

Jim Cramer debates trimming 2 stocks — one struggling name, the other a winner

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

3 days ago
Trump family got about $500M from crypto venture — but investors saw steep losses

Trump family got about $500M from crypto venture — but investors saw steep losses

Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump fami...

3 days ago
Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation

Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation

Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO ...

3 days ago
Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence

Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence

President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has...

3 days ago
The 'SaaSpocalypse' is over, says private equity giant Thoma Bravo. Here's why it sees an AI boom for software

The 'SaaSpocalypse' is over, says private equity giant Thoma Bravo. Here's why it sees an AI boom for software

Thoma Bravo founder Orlando Bravo says AI offers an "enormous tailwind" for software companies....

3 days ago
Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet

Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet

The year has been a rocky one for the flagship cryptocurrency, but traders aren't backing away from the space....

3 days ago
Trump says Iran deal could be reached in 'two or three days' and Strait of Hormuz will reopen 'immediately'

Trump says Iran deal could be reached in 'two or three days' and Strait of Hormuz will reopen 'immediately'

Speaking to reporters after attending the NBA Finals in New York, Trump said the two parties are in the final stages of ...

4 days ago
UK's GSK to acquire U.S. drugmaker Nuvalent for $10.6 billion as pharma giants race to expand pipelines

UK's GSK to acquire U.S. drugmaker Nuvalent for $10.6 billion as pharma giants race to expand pipelines

The deal comes at a time of biotech dealmaking frenzy, driven by looming patent cliffs, newly buoyant public markets and...

4 days ago
Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw

Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw

The Pentagon briefly posted a similar expanded list in February, then withdrew it without explanation before Trump's Chi...

4 days ago
The space race is coming for pharma: Why drug development is heading to lower Earth orbit

The space race is coming for pharma: Why drug development is heading to lower Earth orbit

Companies see a commercial opportunity in creating new ways to administer drugs to patients – in space....

4 days ago
China trade defies Iran war drag as exports, imports beat estimates in May

China trade defies Iran war drag as exports, imports beat estimates in May

China's economy has shown signs of faltering following a strong first-quarter....

4 days ago
Asia chip-linked shares recover after U.S. peers bounce back

Asia chip-linked shares recover after U.S. peers bounce back

In the U.S., chip stocks powered gains on Monday, helping the S&P 500 gain 0.3%, while the tech-heavy Nasdaq Composi...

4 days ago
Trump booed at Madison Square Garden before Knicks and Spurs finals game

Trump booed at Madison Square Garden before Knicks and Spurs finals game

Trump's decision to attend Game 3 of the NBA Final was controversial for Knicks fans, some of whom feared he would jinx ...

4 days ago
USDA Secretary Rollins calls Texas ag chief 'unserious' amid screwworm threat

USDA Secretary Rollins calls Texas ag chief 'unserious' amid screwworm threat

Texas Agriculture Commissioner Sid Miller lost his bid for a fourth term in a March Republican primary, despite Trump's ...

4 days ago
OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut

OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut

OpenAI's confidential filing lands days before SpaceX is set to go public and a week after Anthropic announced its confi...

4 days ago
Judge blocks Trump's $100,000 H-1B visa fee

Judge blocks Trump's $100,000 H-1B visa fee

Trump had imposed the $100,000 fee in order to restrict the program, arguing that it has undermined U.S. security throug...

4 days ago