Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Nashville, Tennessee, US, on Monday, Sept. 30, 2024. Seth Herald | Bloomberg | Getty ImagesThis report is…
Goldman Sachs has refreshed its lists of top global stock picks, adding some and removing others. The stocks are featured in the investment bank's "Conviction List - Directors' Cut," which it says offers a "curated…
SpaceX is set to launch its fifth test flight of its Starship rocket on Sunday, as the company looks to make an ambitious attempt at catching the rocket's booster.Elon Musk's company has a 30-minute window,…
Keithbinns | E+ | Getty ImagesU.S. officials believe Israel has narrowed down what they will target in their response to Iran's attack, which these officials describe as Iranian military and energy infrastructure.There is no indication that…
Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024.Getty ImagesWith the U.S. election less than a month away, the country and its corporations are…
British Prime Minister Keir Starmer marks 100 days in office Saturday with little cause for celebration.Starmer's center-left Labour Party was elected by a landslide on July 4, sweeping back to power after 14 years. But…
Winter afternoon in Vilnius, Lithuania.Loop Images | Universal Images Group | Getty ImagesLithuanians voted Sunday in the first round of parliamentary elections that could lead to the center-right governing coalition being replaced by the opposition…
Elon Musk is on track to become the world's first trillionaire by 2027, according to a recent report from Informa Connect Academy. Of the world's billionaires, Musk is the closest to that 13-figure mark, and…
Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. There are plenty of buy-rated companies heading into quarterly reports, according to the firm. Those names include LivaNova…
Fed rate cuts are likely to help push bitcoin and other risk assets higher, but some stablecoin issuers could suffer a hit to their revenue. Stablecoins are now collectively the 18th largest holder of U.S.…
As artificial intelligence fuels the boom in data center growth, investors are eyeing a new frontier: the companies keeping these digital powerhouses cool. nVent Electric , Vertiv and Modine Manufacturing have seen their stocks soar…
Going looking for ghosts in October isn't a great way to see one, as it turns out. At least so far. The prevailing sense among investors and market handicappers entering the month was to expect…
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.Cristina Arias | Cover | Getty ImagesThe U.S. Food and Drug Administration on Friday agreed to reconsider a decision it made last month to bar…
Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, October 4, 2024. Geoff Robins | Afp | Getty ImagesVice President Kamala Harris is in "excellent health"…
Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. Graeme Sloan | Bloomberg |…
A heavy traffic jam with many cars on the road in Chaoyang district in Beijing, China.Sw Photography | Digitalvision | Getty ImagesChina's passenger vehicle sales rose 4.3% in September from a year earlier, snapping five…
Lan Fo'an, China's finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People's Bank of China (PBOC), listen during a news…
Russia's President Vladimir Putin visits Uralvagonzavod, the country's main tank factory in the Urals, in Nizhny Tagil on February 15, 2024. Ramil Sitdikov | Afp | Getty ImagesRussia's war-orientated economy and plans for unprecedented military spending…
Customers shop for eggs at a Sprouts grocery store on April 12, 2023 in San Rafael, California. Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets…
Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMSaudi Arabia's Public Investment Fund (PIF) has allocated $5.2 billion out of $8.5 billion raised through green bonds to projects as of June 2024,…
Boeing 737 MAX airliners are pictured at the company's factory on Thursday, Sept. 12, 2024, in Renton, Wash.Stephen Brashear | APBoeing will cut 10% of its workforce, or about 17,000 people, as the company's losses…
Michael Shvartsman walks following a hearing at the Manhattan Federal Court, in New York City, U.S. July 20, 2023. Amr Alfiky | ReutersProsecutors are asking a New York federal court judge to sentence two brothers to…
Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in…
The upcoming earnings season could decide what's next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation…
Wall Street has been fairly hot and cold on Tesla stock this year, and its highly anticipated robotaxi unveiling on Thursday is not helping to improve investor sentiment. Morgan Stanley's Adam Jonas said he walked…
Europe stocks close higherStock Chart IconStock chart iconStoxx 600 index. European stock markets closed higher on Friday, with the regional Stoxx 600 index up 0.53%. Germany's DAX rose 0.75% as France's CAC 40 gained 0.48%.…
Horst Jicha discussing cryptocurrency.Source: Team Business Global | YouTubeA German national who was under home detention in New York City on a $5 million bond guaranteed by his domestic partner and children in a case…
France's newly-installed government on Thursday presented a draft budget containing 60 billion euros ($65.6 billion) in tax hikes and spending cuts, as analysts warned the package may not be enough to stave off ratings downgrades…
JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023.Evelyn Hockstein |…
A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday.The producer price index, which measures what producers get for their goods and services,…
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024.Ramsey Cardy | Sportsfile | Collision | Getty ImagesAI chipmaker Cerebras is trying to be the first…
Zahra Bahrololoumi, CEO of U.K. and Ireland at Salesforce, speaking during the company's annual Dreamforce conference in San Francisco, California, on Sept. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesLONDON — The UK chief…
In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background.Omar Marques | SOPA Images | Lightrocket | Getty ImagesCoreWeave, an Nvidia-backed artificial intelligence startup that…
Alexander Spatari | Moment | Getty ImagesLONDON — The U.K. economy returned to growth in August following two consecutive months of stagnation, providing a slight boost as the Labour government prepares to deliver its first…
Jeff Shell, CEO of NBCUniversal, speaks during a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. Eric Gaillard | ReutersLess than two years after NBCUniversal fired Jeff Shell for…
Tesla unveils its "Cybercab" on October 10, 2024 in Burbank, California.Shares of electric vehicle maker Tesla tumbled Friday after the company's long-awaited robotaxi event — where CEO Elon Musk unveiled the firm's Cybercab self-driving concept car —…
Japan's 82-years old nuclear survivor Kido Suechi of "Nihon Hidankyo" (Japan confederation of A and H bomb sufferers Organization) speaks during the 2022 Vienna Conference on the Humanitarian Impact of Nuclear Weapons at the Austrian…
A vessel identified by the Philippine Coast Guard as "Chinese maritime militia" (back R) and a China Coast Guard vessel (front R) sailing near the Philippine military chartered Unaizah May 4 (L) during its supply…
China's Ministry of Finance, pictured here in Beijing in 2021, is refunding taxes and cutting fees to support economic growth.Yan Cong | Bloomberg | Getty ImagesInvestors are on tenterhooks as Beijing prepares to deliver fresh…
Danish biotech Zealand Pharma is targeting the "next generation" of weight loss drugs as competitors pile into a market dominated by heavyweights Novo Nordisk and Eli Lilly.CEO Adam Steensberg told CNBC Thursday that early-stage trials of…
Tesla unveils its "Cybercab" on October 10, 2024 in Burbank, California.After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company's Cybercab concept on Thursday night, showing off a low,…
Pedestrians crossing a road in front of the Bank of Korea headquarters in Seoul on July 13, 2022. South Korean economic growth unexpectedly picked up in the second quarter as strong consumption on eased Covid-19…
A worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024. SeongJoon Cho | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open,…
Phil Spencer, CEO of Microsoft Gaming, speaks at the Gamescom conference in Cologne, Germany, on Aug. 23, 2023.Franziska Krug | German Select | Getty ImagesMicrosoft will allow people to buy and play video games through…
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCWarren Buffett's Berkshire Hathaway has reduced its stake in Bank of America…
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David…
Solstock | E+ | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to…
Interest rates are coming down, but investors can still find some solid opportunities for yield in the preferred securities market, according to UBS Financial Services. Preferred securities combine attributes of bonds and stocks. They trade…
Microsoft on Thursday announced new health-care data and artificial intelligence tools, including a collection of medical imaging models, a health-care agent service and an automated documentation solution for nurses. The tools aim to help health-care organizations…
Nvidia remains at the forefront of artificial intelligence innovation, with new opportunities to gain market share, Morgan Stanley said. Analyst Joseph Moore reiterated his overweight rating on the chipmaker and said meetings with Nvidia's CEO…
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia's data center graphics processors, known as GPUs.The Instinct MI325X, as the chip is called, will start production before the end…
A TD bank stands in Brooklyn on June 04, 2024 in New York City. Spencer Platt | Getty ImagesTD Bank pleaded guilty Thursday in a criminal money laundering case and agreed to pay a whopping $3…
This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see?…
Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024. Manuel Orbegozo | ReutersWhen…
A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Nurphoto | Nurphoto | Getty ImagesSINGAPORE — Asia-Pacific markets closed higher on Thursday, following gains on Wall…
The pace of price increases over the past year took was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane Helene, the Labor Department reported Thursday.The consumer price index, a…
A waiter sets a table in the City of London, UK.Bloomberg | Bloomberg | Getty ImagesLONDON — British employees are set to gain a slew of employment benefits under flagship legislation put forward by the…
United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty ImagesUnited Airlines is plotting a 2025 international expansion that spans Senegal to…
Airbus operators during manufacturing on the assembly line of the C295 aircraft on March 12, 2024, in Seville, Andalusia, Spain.Europa Press News | Europa Press | Getty ImagesAirbus reported lower monthly deliveries late on Wednesday,…
A Delta aircraft at the airline's hangar in AtlantaLeslie Josephs/CNBCDelta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays.The Atlanta-based carrier on Thursday…
Pennsylvania Governor Josh Shapiro delivers remarks at a bill signing event at Cheyney University, an HBCU in Cheyney, Pennsylvania, U.S., August 2, 2024. Bastiaan Slabbers | ReutersPHILIPSBURG, Pa. — Pennsylvania Gov. Josh Shapiro confirmed to NBC…
A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024. Richard A. Brooks | Afp | Getty ImagesJapanese convenience retailer Seven & i Holdings slashed its earnings…
Jakub Porzycki | Nurphoto | Getty Images U.S. blockchain startup Ripple made a major foray into crypto custody on Thursday, launching new services aimed at helping banks and financial technology firms to store digital assets on…
A Chinese warship navigates on waters near Pengjia Islet in northern Taiwan, in this handout image released May 23, 2024. Taiwan Coast Guard | Via ReutersChina has no right to represent Taiwan, but the island is willing to work with Beijing to…
Warren Buffett, Berkshire Hathaway CEO and chairman.Cnbc | Nbcuniversal | Getty ImagesIn 2007, Warren Buffett made a $1 million bet that he could outperform hedge fund managers over the course of a decade by investing…
Ratan Tata speaks during an interview.Pradeep Gaur | Mint | Getty Images Tributes from industry leaders, politicians and the public at large poured in for Ratan Tata, the former chairman of India's Tata Sons, who…
For most travelers, flying in business and first class, especially on international flights, is a once-in-a-lifetime opportunity.A business class ticket can cost up to five times more than an economy ticket on Singapore Airlines —…
With polling continuing to show a very close U.S. presidential race , investors looking to hedge their bets may want to consider the defense sector. While defense stocks have slightly underperformed the broader market in…
The Amazon Pharmacy home screen is seen on a smartphone, Nov. 17, 2020.Gabby Jones | Bloomberg | Getty ImagesAmazon plans to bring same-day prescription delivery to 20 more cities next year, the company said Wednesday,…
The startup's co-founders, from left: Chief Technology Officer Griffin Cleverly, CEO Bridgit Mendler and Head of Software Shaurya Luthra.Northwood SpaceNorthwood Space, the startup led by former television star and singer Bridgit Mendler, passed its first…
A top-performing fund manager has been selling off Microsoft stock, citing concerns about the tech giant's future profitability in the face of advancements in artificial intelligence. Stephen Yiu, chief investment officer at the Blue Whale…
Grabango's mobile appGrabangoGrabango, a venture-backed startup that was vying to take on Amazon in cashierless checkout technology, is shutting down after it was unable to raise enough money to stay afloat."Although the company established itself…
Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86.Tata Sons chairman N Chandrasekaran confirmed Tata's death and described him in a statement as…
The Department of Justice indicated this week that it's weighing a potential break up of search giant Google, and the news could hold headline risks for shares of parent company Alphabet . Late Tuesday, the…
Nvidia CEO Jensen Huang presents "Blackwell" at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024.Ann Wang | ReutersNvidia shares have surged 25% in the last month and are closing…
The Commodity Futures Trading Commission headquarters in Washington, DC, U.S.Ting Shen | Bloomberg | Getty ImagesKalshiEx has listed more than two dozen new options in recent days for the exchange's customers to bet on political…
An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on October 7, 2020.David Paul Morris/Bloomberg via Getty ImagesAmazon said…
Jaap Arriens | NurPhoto via Getty ImagesOpenAI is increasingly becoming a platform of choice for cyber actors looking to influence democratic elections across the globe.In a 54-page report published Wednesday, the ChatGPT creator said that…
CEO of writer.com May Habib attends the Harper's Bazaar At Work Summit, in partnership with Porsche and One&Only One Za'abeel, at Raffles London at The OWO on November 21, 2023 in London, England.Dave Benett |…
Dividend stocks may be back in the spotlight, but investors should make sure they are buying quality companies that are growing their payouts, said Goldman Sachs. Dividend-paying equities are expected to get a lift as…
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding on a half percentage point move in an effort to balance confidence…
