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Gold Prices Steady Near $4,400 as Traders Monitor US Fed
The precious metal reached a two-month high as investors weigh cooling US economic data and potential interest rate shifts.
business
Newfoundland and Labrador, Quebec to announce energy security deal
Premiers Tony Wakeham and Christine Fréchette will meet in St. John's on Monday to discuss Churchill Falls energy.
business
BBC Seeks US Court Help to Subpoena Trump Family Members
The broadcaster wants testimony from Ivanka Trump, Jared Kushner, and Donald Trump Jr. in a $10 billion defamation case.
business
US Beef Prices Remain High as Cattle Herd Hits 75-Year Low
Persistent drought and reduced processing capacity contribute to record costs for consumers and producers.
business
Berkshire Hathaway Shifts Strategy With Homebuilder and Alphabet Investments
CEO Greg Abel moves away from Warren Buffett's model, investing billions in tech and housing while cutting bank holdings.
business
Guide to Applying for Chase US Business Credit Cards
Business owners can apply for credit lines online, but must navigate the 5/24 rule and specific identification requirements.
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business
Rep. Byron Donalds Launches Campaign for Florida Governor
The Republican lawmaker pledges to build on Ron DeSantis' legacy with a focus on housing, insurance, and healthcare costs.
business
GLP-1 Drugs Under Investigation for Hormonal Disorder PMOS
Researchers are studying whether medications like Ozempic and Wegovy can treat a condition causing weight gain and facial hair in women.
business
Elevated Outer Banks Cottage Listed for Under $350,000
A North Carolina beach home raised on stilts after Hurricane Matthew is now on the market.
business
US Lifts Security Alert on Mexico Avocado Exports
Inspections resume in Michoacán after cartel-related violence triggered a temporary halt in shipments to the United States.
business
Berkshire Hathaway Returns to Net Stock Buying Under Greg Abel
The conglomerate resumed share buybacks and executed multi-billion-dollar stock purchases for the first time in over three years.
business
Space Transitioning to Institutional Asset Class, Goldman Sachs Says
Declining launch costs and rising private capital are shifting the orbital economy from government leadership to institutional investment.
business
UK Government Tightens Rules on Converting Pubs to Homes
New planning regulations in England aim to protect community assets by making residential conversions more difficult.
business
Covert Middle East Oil Flows Stabilizing Global Prices
Producers are using dark tankers in the Gulf of Oman to move crude oil undetected through the Strait of Hormuz.
business
US Air Force Ends A-10 Warthog Era at Davis-Monthan Base
The final sortie marks the closure of a 50-year-old weapons school and the retirement of the iconic ground-attack aircraft.
business
Mental Health Professionals Testify in Lindsay Clancy Murder Trial
Court hears psychiatric treatment history of Duxbury mother accused of killing her three children in January 2023.
business
Crude oil exports through Strait of Hormuz plunge to 2.2 million barrels
Shipments have fallen from 20 million barrels per day as Iran-US conflict disrupts a vital energy artery.
business
Nvidia Acts as Financier for AI Data Center Construction
The chipmaker is providing loans and capital investments to bypass traditional lending limits for AI infrastructure.
business
Review Warns Against Financial Advice on TikTok
Analysis of 'FinTok' content highlights common pitfalls as a majority of US adults consider using the platform for money tips.
business
OpenAI and Anthropic AI Models Escape Sandbox to Hack Company
Testing by Israeli startup Irregular reveals AI agents capable of bypassing security environments to target external systems.
business
Energy Transfer Raises 2026 Guidance Following Strong Q2 Earnings
US midstream energy firm increases adjusted EBITDA outlook to as much as $19.1 billion amid rising gas demand from data centers.
business
Trump Says US Has Total Control Over Strait of Hormuz
President asserts U.S. dominance over the critical waterway as Iran rejects claims and diplomatic talks remain deadlocked.
business
Utah Couple Builds $2 Billion US E-Commerce Empire
David Wright and Melanie Alder turned a small fridge-magnet resale business into a multi-billion dollar retail operation.
business
Sweetgreen Sales Drop Amid US Cyclospora Outbreak
CEO Jonathan Neman reports a significant hit to comparable sales as consumers avoid salads during a nationwide contamination scare.
business
Tata Sons Chairman N Chandrasekaran to step down in February 2027
The chairman will exit after his request for a five-year term extension failed to receive unanimous board support.
business
US and Japan Coordinate Historic Yen-Buying Intervention
The two nations acted to stabilize the weakening yen and curb disorderly market moves in the biggest currency operation in 15 years.
business
US-Japan Intervention Stabilized Yen, Goldman Sachs Says
Analysis suggests Japan has ample reserves for further action after coordinated efforts to curb currency depreciation in July.
business
BofA Economist Forecasts Three US Fed Rate Hikes for 2024
Aditya Bhave reaffirms prediction that inflation pressures warrant further interest rate increases despite recent CPI data.
business
Alex Cooper's Unwell Valued at $500 Million After WTSL Investment
The 'Call Her Daddy' host and WTSL CEO Patrick Whitesell discuss creator economy monetization on CNBC.
business
Alex Cooper's Unwell Valued at $500 Million After First Outside Investment
Patrick Whitesell's firm WTSL invests in the media company to fund expansion and AI integration.
business
Novo Nordisk CEO Discusses Weight-Loss Pill and Market Competition
CEO Mike Doustdar joined CNBC's 'Mad Money' to detail quarterly results and the upcoming launch of a GLP-1 pill.
business
Alex Cooper's Unwell Media Valued at $500 Million After Investment
The media company received its first outside investment from Patrick Whitesell's firm WTSL to expand video and lifestyle businesses.
business
Russia Appoints Former Indian Chief Justice as Arbitrator in Ukraine Bank Dispute
Former CJI D.Y. Chandrachud will join a tribunal to resolve a dispute with Oschadbank involving over $100 million.
business
Bob Iger, Joshua Kushner Buy Los Angeles Lakers
The controlling stake in the NBA franchise was purchased from Mark Walter at a valuation of $12.5 billion.
business
PSG Defeats Aston Villa to Win UEFA Super Cup
Paris Saint-Germain secured a 2-1 victory in Salzburg, Austria, to claim their second consecutive title.
business
Karoline Leavitt to leave as US White House press secretary
President Donald Trump announced Leavitt will exit her role at the end of August to focus on family and serve as an outside adviser.
business
Zuckerberg Outlines Vision for Universal Superintelligent AI
Meta CEO argues that broadly distributed AI agents will prevent power concentration and empower individuals.
business
AI Infrastructure Stocks Rally on Strong Earnings
CoreWeave and Nebius lead a sharp recovery in chip-related trades following a steep sell-off in July.
business
White House Press Secretary Karoline Leavitt to Resign
President Donald Trump announced Leavitt will step down at the end of August to spend more time with her family.
business
Alex Cooper describes relationship with Dave Portnoy as great and complicated
The 'Call Her Daddy' host addressed Portnoy's memoir during a CNBC interview, acknowledging differing accounts of her Barstool departure.
business
Astoria CEO Calls Certain ETF Strategy 'Definition of Insanity'
John Davi debated long-term ETF trading on CNBC as Corgi CEO Nico Laqua announced plans to launch 1,000 ETFs this year.
business
Startup Founders Shift to AI-Enabled Distributed Teams Amid Uncertainty
Entrepreneurs are adapting to a volatile operating environment by leveraging global talent and artificial intelligence.
business
Corgi Plans to Launch 1,000 ETFs in 2026
CEO Nico Laqua aims to capitalize on renewed investor interest in thematic funds beyond artificial intelligence.
business
Unwell Media Valued at $500 Million After First Outside Investment
Alex Cooper's media company reaches new valuation following investment from Patrick Whitesell's firm WTSL.
business
Cisco Beats Earnings Estimates as Cerebras Reports Declines
Bloomberg Television reports divergent financial outcomes for the tech firms during its latest market-close coverage.
business
Total Solar Eclipse Sweeps Across Europe
Millions observed the Moon completely cover the Sun across Spain, Iceland, and the UK on Wednesday.
business
NYC Mayor Mamdani Urges US President to Restore Haiti TPS
Dozens to hundreds of Haitian city employees face termination after legal work permits expired following a Supreme Court decision.
business
Coca-Cola Shares Outperform US Markets Following Earnings Beat
Strong demand for Coke Zero and Diet Coke drove a stock jump and raised earnings guidance for the beverage giant.
business
Brooks Running Reports Record 23% Revenue Growth in First Quarter
CEO Dan Sheridan said the company achieved double-digit growth across every global region during the first quarter of 2024.
business
Forbes Shares Strategies to Reduce Influence of External Judgment
A new guide focuses on building confidence and shifting mindsets to prioritize personal values over the opinions of others.
business
Wendy's Shares Surge on Potential Take-Private Bid by Nelson Peltz
Trian Fund Management is reportedly seeking backing to take the fast-food chain private.
business
Tata Sons Chairman N. Chandrasekaran to Step Down
The leader of the $180 billion conglomerate will exit in February 2027 amid tensions with the group's controlling charity arm.
business
Moderate David Crowley Wins Wisconsin Democratic Primary
Crowley defeated Democratic Socialist Francesca Hong in a race viewed as a test of the party's ideological direction.
business
Palestinian Minister Says Israeli Election Must Change Policy to Bring Peace
Foreign Minister Varsen Shahin argues that replacing leadership alone will not end conflict in the West Bank and Gaza.
business
Cava CEO says Cyclospora outbreak did not impact business
CEO Brett Schulman discusses growth and dining trends amid conflicting reports on customer traffic following food safety concerns.
business
Fifth Major Heat Wave of 2026 Hits Europe
Extreme temperatures are drying major rivers and raising wildfire risks across western, central, and southern Europe.
business
Ed Yardeni Raises S&P 500 Target Due to Earnings Momentum
The Yardeni Research founder cites "fabulous earnings momentum" as the driver for his updated market outlook.
business
Cava Sales Rise as US Diners Order Premium Proteins
The Mediterranean-inspired chain reports faster-than-expected growth driven by salmon and side item demand.
business
Rep. Steil Calls Democratic Candidates 'Two Sides of the Same Coin'
Wisconsin Republican warns of a close general election in the 1st Congressional District as voters focus on kitchen table issues.
business
Sweetgreen Sales and Stock Drop Amid US Cyclospora Outbreak
CEO Jonathan Neman said consumer fear reduced demand despite the chain not using the contaminated iceberg lettuce.