CNBC
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 ...
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...
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....
Iran reportedly weighs attacks on U.S. targets in Europe as UAE severs trade with Tehran
Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with I...
World’s largest olive oil company pops 17% as rivals circle in takeover battle
Shares of Spain's Deoleo jumped nearly 16% on Wednesday morning amid an intensifying takeover battle for the world's lar...
China’s backflipping robot maker Unitree pops 542% in Shanghai debut
Unitree Robotics shares rise 542% on their first day of trading in Shanghai...
Goldman studied where AI is squeezing labor markets. Here's what it found
Goldman Sachs found that AI is starting to weigh on employment across developed economies....
Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim
Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim...
What Chinese liquor maker Moutai's slump says about the country's economy
Kweichow Moutai's half-year report showed a rare drop in net profit, following the first annual drop on record....
Nukes all around? A fraying U.S. nuclear umbrella is pushing allies to weigh defense options, raising risk of a proliferation cascade
As countries take more responsibility for their own defense and nuclear states step back from arms-control commitments, ...
OpenAI rolls out ChatGPT for Teens experience with 'stronger built-in safety protections'
ChatGPT for Teens includes a number of educational features and applies age-appropriate safeguards, OpenAI said....
Trump, Carney reportedly in talks ahead of new 50% tariffs on Canadian goods
Trump has already imposed a variety of tariffs on Canada and its specific exports, including metals, lumber and auto par...
We upgraded Home Depot and raised our price target. It made the best of a terrible hand
Home Depot reported a very good quarter, executing well on things it can control....
Retail giant Costco sets its sights on a new kind of product: Medicare Advantage
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hou...
U.S. government debt yields are surging at a bad time. Here's what's behind the move
Fixed income market watchers ascribe a run that began in June to a number of variables....
A fintech app built by crypto exchange Kraken just launched a cash back debit card in bid for consumer wallets
Kraken is vying for a place in consumer wallets as crypto evolves from an asset class into infrastructure for mainstream...
IRS clarifies 'no tax on overtime' deduction rules. What workers need to know
Taxpayers who were unsure whether they qualified or how much they could claim will likely have an easier time when they ...
Kalshi seeks to launch ‘perps’ on equity indexes as it moves in on traditional exchanges' turf
The company is seeking to launch a "US500" perp tied to the MerQube U.S. Large Cap Index, according to a regulatory fili...
Disney-owned ABC files First Amendment lawsuit against FCC
Disney's ABC has sued the FCC claiming its investigation and early broadcast licenses renewal are a 'retaliatory campaig...
Nvidia's AI moat is shifting from chips to capital
Nvidia still has dominant market share in AI chips, but with competition picking up steam, the company is taking greater...
The startup using AI to help rare disease families develop custom treatments
Nome uses AI and drug-development expertise to help rare disease families turn genetic diagnoses into potential paths to...
Russia says its economy is strong. It just fired a top economist who warned otherwise
Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonge...
Treasury yields rise as oil gains and U.S.-Iran tensions fuel inflation fears
Tuesday saw yields on U.S. 30-year Treasury yields add over 1 basis point to trade at around 5.322%, hovering just below...
The 30-year Treasury yield just hit a 19-year high. Three things could drive it even higher
The yield on the 30-year U.S. Treasury has surged to its highest level in 19 years, and some strategists see scope for t...
South Korea must brace for ‘worst-case scenario,’ President Lee says, as Trump cuts military drills
The annual exercises, are defensive and not intended to attack North Korea or raise tensions on the peninsula, Lee said....
Ship attacked in Hormuz Strait as U.S.-Iran ceasefire expiry risks prolonged conflict
U.S., Iran appeared to be digging in for a protracted conflict, hardening their positions and rejecting renewed negotiat...
Credit card issuer Synchrony announces partnership with OpenAI
The collaboration, which is in its early stages, is a step toward enabling Synchrony customers to have smoother online s...
CNBC's The China Connection newsletter: Money or power? The key to winning the AI race
The U.S. can outspend China in financing artificial intelligence development, but is that the only factor that matters?...
Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans
Sen. Bernie Sanders, I-Vt., announced a new proposal on Monday to protect federal student loan borrowers from having the...
L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%
Chris Kubasik was ousted as Lockheed Martin's incoming CEO in 2012 after what that company called "close personal relati...
Anthropic tells investors annualized revenue run rate climbed to $65 billion in July
Anthropic's revenue run rate is up about sevenfold from a year earlier....
What will TV look like in three years? Media insiders share their predictions
CNBC asked media insiders what they think the TV market — from pay TV subscribers to sports ratings — will look like in ...
30-year Treasury yield tops 5.31%, the highest in 19 years
Treasury yields were higher as traders awaited the latest FOMC minutes due later this week....
Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay
Paramount agreed to delay its proposed acquisition of WBD to as late as June 2027 while the state AGs' case heads to tri...
Prediction market traders see roughly 1-in-4 odds Paramount’s bid to buy Warner Bros. Discovery fails
The odds are higher than they were before 12 states sued to block the merger, but lower than after Paramount delayed the...
Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping
Maran Nalluswami, Synchrony's chief strategy officer, told CNBC it will probably take six to 12 months to get payments f...
Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict
The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear prog...
Supreme Court again rejects Trump bid to overturn E. Jean Carroll verdict
A spokesperson for Trump's legal team slammed Carroll's case as a witch hunt and a hoax....
Extreme heat spurs earliest-ever Champagne harvest, putting its famous taste to the test
Producers of the iconic French fizz face a challenge to preserve its taste profile while they also battle tariff complic...
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