CNBC

Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try

Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try

Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys....

6 days ago
The Los Angeles Lakers sold for $12.5 billion. Here’s what every NBA team is now worth

The Los Angeles Lakers sold for $12.5 billion. Here’s what every NBA team is now worth

The pending $12.5 billion Lakers sale would lift CNBC’s average NBA team valuation 21% to $6.68 billion, with the Warrio...

6 days ago
Hyundai to increase U.S. production at new Georgia plant, CEO tells CNBC

Hyundai to increase U.S. production at new Georgia plant, CEO tells CNBC

The previously undisclosed capacity increase is part of Hyundai's plan to invest $26 billion in the U.S. through 2028....

6 days ago
Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back

Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back

Many borrowers pursuing Public Service Loan Forgiveness have recently learned that they're further away from debt cancel...

6 days ago
We're adding two new stocks to our Bullpen watchlist

We're adding two new stocks to our Bullpen watchlist

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

6 days ago
Stripe to buy OpenRouter as fintech expands deeper into AI

Stripe to buy OpenRouter as fintech expands deeper into AI

Stripe said it's acquiring OpenRouter, as the payments company expands into the artificial intelligence model market....

6 days ago
Arctos agrees to buy 10% of Atlanta Falcons at $10.6 billion valuation, sources say

Arctos agrees to buy 10% of Atlanta Falcons at $10.6 billion valuation, sources say

Private equity firm Arctos has agreed to buy 10% of the Atlanta Falcons in a deal with an enterprise value of $10.6 bill...

1 week ago
U.S. sports fans spend about $2,000 a year on their favorite teams—many find themselves in debt as a result

U.S. sports fans spend about $2,000 a year on their favorite teams—many find themselves in debt as a result

As football season approaches, many Americans are planning to take on debt to pay for tickets, memorabilia, parlays and ...

1 week ago
California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'

California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'

California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merg...

1 week ago
Treasury yields rebound, wiping out the decline following Bessent's intervention

Treasury yields rebound, wiping out the decline following Bessent's intervention

Bond yields edged higher after pulling back sharply during Wednesday's session....

1 week ago
How wealthy families can prepare for aging parents and avoid a succession crisis

How wealthy families can prepare for aging parents and avoid a succession crisis

Relatively few wealthy families are addressing the question of when an aging parent should give up control, advisors and...

1 week ago
Walmart hikes full-year outlook, says it will use huge tariff refund to keep prices low

Walmart hikes full-year outlook, says it will use huge tariff refund to keep prices low

Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-...

1 week ago
Where commercial real estate demand is the highest, according to new data

Where commercial real estate demand is the highest, according to new data

The National Association of Realtors has released a new index that uses factors in local economies to indicate future de...

1 week ago
Oil prices rise 3% as Trump sharpens Iran rhetoric amid talks impasse

Oil prices rise 3% as Trump sharpens Iran rhetoric amid talks impasse

Oil moved higher early Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran....

1 week ago
Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement resources

Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement resources

Somali piracy incidents have resurged in the Red Sea region in recent times, especially since the U.S.-Iran war kicked o...

1 week ago
Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says

Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says

Unitree founder Wang Xingxing says humanoid robots could take up to 10 years to reach a breakthrough comparable to ChatG...

1 week ago
Trump scaling down U.S.-South Korea drills risks more than just joint military readiness

Trump scaling down U.S.-South Korea drills risks more than just joint military readiness

The move by Trump also will start to raise questions about the credibility of Washington's commitment to alliances....

1 week ago
SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback

SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback

Shares of SK Hynix surged over 12% in Seoul after the company announced a massive stock buyback....

1 week ago
Hyundai's new flagship vehicle is a large luxury Genesis EV

Hyundai's new flagship vehicle is a large luxury Genesis EV

The GV90 features a new design direction for Genesis and expands the Hyundai brand's lineup to seven vehicles in the U.S...

1 week ago
Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains

Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains

Shipments of semiconductor equipment posted a massive 49.1% jump in value, reflecting continued demand, boosted by the a...

1 week ago
Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge

Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge

Rising memory chip costs are reshaping the world's second-largest smartphone market as Chinese brands become expensive, ...

1 week ago
Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers

Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers

The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation E...

1 week ago
Call-buying bonanza around Trump's Hyperliquid comments includes some eyebrow-raising trades

Call-buying bonanza around Trump's Hyperliquid comments includes some eyebrow-raising trades

President Donald Trump hinted that regulation may be in the works for Hyperliquid. Interesting trading activity followed...

1 week ago
Trump bemoans Fed interest rate policy, says U.S. should be paying much less

Trump bemoans Fed interest rate policy, says U.S. should be paying much less

As he has done in the past, Trump accused Fed officials of having political motives....

1 week ago
Where we stand on Broadcom after Marvell muscles in on its key customer Google

Where we stand on Broadcom after Marvell muscles in on its key customer Google

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

1 week ago
DOJ cites Comey's novel in urging judge not to toss '86 47' seashells threat to Trump case

DOJ cites Comey's novel in urging judge not to toss '86 47' seashells threat to Trump case

"There is no serious dispute that an objective viewer of Comey's post could read it to mean 'Kill President Trump,' " pr...

1 week ago
Meta's legal troubles has options traders eyeing the 'jade lizard'

Meta's legal troubles has options traders eyeing the 'jade lizard'

One of the many beauties of options trading is the ability to make money on a rangebound stock. Shares of Meta Platforms...

1 week ago
Trump touted a deal to avert new tariffs on Canada. Here's what we know so far

Trump touted a deal to avert new tariffs on Canada. Here's what we know so far

Trump's new tariffs on about $20 billion worth of Canadian goods were set to take effect Wednesday, but were postponed b...

1 week ago
Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pre...

1 week ago
Jim Cramer says buy Target on any pullback as turnaround takes hold

Jim Cramer says buy Target on any pullback as turnaround takes hold

Wall Street cheered improving financial metrics across the board in its latest earnings results....

1 week ago
We're booking a five-fold profit on one of drug stock's rally to record highs

We're booking a five-fold profit on one of drug stock's rally to record highs

This trim doesn't reflect any change in our positive long-term view....

1 week ago
Target says its turnaround is picking up steam, with help from a big tariff refund

Target says its turnaround is picking up steam, with help from a big tariff refund

Target posted better-than-expected fiscal second-quarter sales and raised its full-year outlook....

1 week ago
Treasury yields pull back from multi-year highs ahead of FOMC minutes

Treasury yields pull back from multi-year highs ahead of FOMC minutes

Treasury yields eased on Wednesday from multi-year highs seen in the previous day, as a sell-off at the long end of the ...

1 week ago
Personalized cancer vaccine from Moderna, Merck shows promise in first late-stage melanoma trial

Personalized cancer vaccine from Moderna, Merck shows promise in first late-stage melanoma trial

The combination regimen significantly extended the time patients lived without their melanoma returning, compared with K...

1 week ago
Lowe's gives muted outlook as it sees 'pressure' in home improvement spending

Lowe's gives muted outlook as it sees 'pressure' in home improvement spending

Lowe's reported mixed results as the retailer said it continued to see pressure in home improvement spending....

1 week ago