CNBC

Canada poised to retaliate against Trump tariffs: 'We're not waiting by the phone'

Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump's new tariffs from taking effect....

2 days ago

Oil drops more than 3% on report U.S. plans to return evacuated diplomats to Middle East

Investors shrugged off the latest developments in the U.S.-Iran war....

2 days ago

New Delhi draws in $73 billion in 11 weeks, powered by special deposits for non-resident Indians

India has attracted inflows of $73 billion in 11 weeks, driven mostly by foreign currency bank deposits made by non-resident Indians....

2 days ago

SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness's near collapse

The SEC is seeking information from major Wall Street banks about trades and financing tied to AI-focused hedge fund Situational Awareness....

2 days ago

BlackBerry CEO says robotics is one of its fastest-growing businesses

BlackBerry CEO John Giamatteo says robotics is one of QNX’s fastest-growing businesses as the company expands its software beyond cars....

2 days ago

Treasury yields steady as traders await more economic data

Treasury yields steadied on Tuesday as investors await more data releases for insights into the U.S. economic picture....

2 days ago

Trump targets Iran’s trade lifelines — here are the countries most exposed

Washington's threat of "economic D-Day" collides with a small group of governments that account for most of what remains of Iran's foreign trade....

2 days ago

$Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation$

Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation

Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday....

2 days ago

Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation

Xpeng shares slid after weak delivery guidance, even as its nascent robotics business secured a valuation nearly matching that of its core EV business....

2 days ago

Bitcoin jumps 3%, closing in on $80,000 as rally gathers pace

Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally....

2 days ago

Gold hits over three-month high on dollar weakness, Treasury bond buyback plans

Gold prices rose to its highest in over three months, supported by a weaker U.S. dollar and the U.S. treasury's recent buyback announcement...

2 days ago

Main Street Sports sues Comcast, Charter for underpaid licensing fees

Main Street has been in the process of winding down its portfolio of regional sports networks since the the NHL and NBA seasons ended earlier this year....

2 days ago

Los Angeles Lakers worth 'every bit' of $12.5 billion price tag: 76ers and Commanders owner Josh Harris

The Los Angeles Lakers set a new record for a professional team sale price at $12.5 billion, and sports investor Josh Harris said the team is worth "every bit."...

2 days ago

Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it

An antitrust challenge by a group of state attorneys general has left Paramount CEO David Ellison hunting for avenues to get his deal for WBD done....

2 days ago

Trump’s oil and gas stocks gained up to $15.5 million amid Iran war, congressional Democrats say

Trump’s stock trading could face heightened congressional scrutiny if Democrats retake either chamber in the midterms....

2 days ago

A massive trade just happened in gold. The options market is buzzing

Twenty minutes after the market opened Monday, someone sold almost 116,000 420-strike calls in the SPDR Gold Shares ETF (GLD) expiring Sept. 18....

2 days ago

Trump admin unveils anti-Iran global sanctions plan, signals China not exempt

The Trump administration unveiled a plan to isolate Iran's economy by threatening to impose secondary sanctions on the Islamic Republic's "enablers."...

3 days ago

California AG Rob Bonta cancels Paramount settlement meeting, citing 'lack of good faith'

California AG Rob Bonta was scheduled to meet with Paramount representatives on Monday, he said, but canceled the meeting....

3 days ago

Cramer says this stock tied to the AI data center trade may be up next for a trim

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

3 days ago

Goldman Sachs partner warns of 'huge danger' in letting AI replace bankers' reasoning skills

Goldman Sachs is embracing AI, but one of its senior tech leaders warns that it comes with an unintended risk: weakening the reasoning skills of future bankers....

3 days ago

Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill

Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door to megadeals. Five regional banks make sense as targets....

3 days ago

Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates

President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027...

3 days ago

U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more'

Canadian negotiators left Washington Friday without a deal to prevent President Donald Trump from enacting new 50% tariffs on about $20 billion worth of goods....

3 days ago

Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields....

3 days ago

Trump Media CEO defends selling faster access to president's Truth Social posts, says more have signed up

Trump Media interim CEO Kevin McGurn defended his company offering faster access to President Donald Trump's Truth Social posts....

3 days ago

A media M&A chill: The Paramount-WBD antitrust challenge may hold up more deals than one

Paramount's proposed merger with WBD is delayed while an antitrust lawsuit plays out. The holdup could mean a freeze across the media industry....

3 days ago

'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war

"As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday....

3 days ago

Treasury yields fall as investors brace for Warsh’s Jackson Hole keynote amid bond fears

Treasury yields fell Monday as investors await Federal Reserve Chair Kevin Warsh's keynote speech at Jackson Hole later this week....

3 days ago

Singapore inflation hits highest in nearly two years, but undershoots expectations

Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters...

3 days ago

U.S. to unveil 'greatest financial offensive' against Iran as Tehran threatens ship seizures

The escalation came as both sides have missed a 60-day ceasefire window to reach a deal, closing off the formal truce mechanism to end the six-month war....

3 days ago

Alibaba plunges after announcing $10.2 billion share placement to fund AI push

Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments....

3 days ago

Oil prices fall as investors await 'toughest' U.S. sanctions on Iran

Oil prices fell Monday as investors awaited details of what Washington has billed as its toughest-ever sanctions campaign against Iran....

3 days ago

What's bogging down the data center trade has nothing to do with demand

The stakes are incredibly high for the U.S. to maintain its lead in data centers. It seems to be getting harder and harder in this election year....

3 days ago

Treasury Secretary to announce Iran sanctions as Tehran dismisses economic warfare threat

Bessent told CNBC that the sanctions will be the "toughest" in history....

3 days ago

Democratic House leader Jeffries meets with Jared Kushner as midterms loom

Democrats are currently favored to win a majority in the House of Representatives after November's elections....

4 days ago

Equal-weight S&P 500 is leading the 2026 market and its flagship trade just hit $100 billion

Money is flooding into equal-weight stock market ETFs this year. Investing experts say it's not a fad....

4 days ago

After 10 years at United, CEO Scott Kirby is thinking big about the future of his airline from JFK to AI

United Airlines CEO Scott Kirby talked to CNBC in a wide-ranging interview about his proposed airline megadeals, AI and the future of the carrier....

4 days ago

Small UK power plant shut down after cyberattack linked to Iran: Telegraph

The U.K. government says the incident did not pose a risk to the country's energy system, adding that it briefed CEOs of companies in the sector with advice....

4 days ago

Paramount, California AG office reportedly plan to meet Monday to discuss settling WBD lawsuit

Paramount and the California A.G. office are set to meet Monday to discuss a settlement of the antitrust lawsuit over Paramount's Warner Bros. Discovery deal....

4 days ago

Nvidia customers reportedly warned about AI-related price hikes

The chipmaker has told some of its largest customers that the prices of servers containing its AI chips could move more than 15% higher, Bloomberg News reported....

4 days ago

Trump reshuffled his portfolio in June, selling names like Meta and buying Berkshire Hathaway

President Donald Trump disclosed just over 1,000 financial transitions in the month of June in what appears to be broad reshuffling of his portfolio....

5 days ago

Rising yields rattled the market, but we’re sticking with our favorite AI and retail stocks

Stocks took their cue from the bond market this week....

5 days ago

U.S.-Canada trade talks collapse, ushering in wave of new tariffs

New 50% Trump administration tariffs on some Canadian exports went into place after the U.S. and Canada failed to reach a deal on Friday....

5 days ago

The biggest U.S. stocks have done great for you. Experts say not to get greedy

Low-cost S&P 500 index funds are the foundation of many portfolios to grow wealth, but investors should add assets to diversify and lower volatility. ...

5 days ago

Meta is the latest tech giant to land in her courtroom. Meet Judge Yvonne Gonzalez Rogers

Judge Yvonne Gonzalez Rogers has presided over a series of landmark tech trials and is now overseeing a case that could have a huge impact on Meta's future....

5 days ago

Ahead of tough new U.S. sanctions, Iran criticizes 'extraterritorial sovereignty'

U.S. Treasury Secretary Scott Bessent told CNBC on Thursday that the proposed economic measures will likely negate the need for major U.S. military operations....

5 days ago

Six investors reveal the biggest market risks — and one strategy they agree on

Investors see different risks threatening markets, but broadly agree that traders should diversify beyond recent winners....

5 days ago

Anthropic IPO filing will show AI backlash as a risk factor, sources say

Anthropic is poised to debut on the stock market at a time when the public is increasingly upset about data centers and is fearful about AI taking jobs....

5 days ago