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The Latest Breaking News from CNBC

NBC News Workforce Faces Cuts as MSNBC Spins Off Into Separate Company

NBC News begins layoffs as MSNBC prepares to operate independently under new parent company Versant.

International Business Times

US Treasury Chief: Beijing's Rare Earths Move Is 'China Vs World'

US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled."

International Business Times

Jim Cramer Says He Still Doesn't Like UPS Ahead of Earnings

On CNBC's “Mad Money Lightning Round,” Jim Cramer said no to United Parcel Service (NYSE:UPS). “I still don't like UPS,” he added.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump's Tariffs 'Papered Over By AI' Are Quietly Hurting Economy: 'We've Only Seen Half Of...'

A massive wave of investment in artificial intelligence (AI) is masking significant economic damage caused by Donald Trump‘s tariffs, creating a deceptive picture of the U.S. economy's health, according to investor Steve Eisman and CNBC Senior Economics Reporter Steve Liesman.

Benzinga

Trump's Pressure May Have Forced The Fed To Cut Rates, Says Steve Liesman: The Central Bank 'Does Not Exist In A Political Vacuum'

Political pressure from President Donald Trump may have been a factor in the Federal Reserve's recent interest rate cut decision, according to Steve Liesman, the Senior Economics Reporter at CNBC.

Benzinga

Jim Cramer On FactSet: 'Holy Cow, It's Way Too Cheap' — Also Weighs In On Freeport-McMoRan

On CNBC's “Mad Money Lightning Round,” on Monday, Jim Cramer said he likes FactSet Research Systems Inc. (NYSE:FDS). “Couldn't tell you to buy it, but holy cow, it's way too cheap," he added.

Benzinga

Amazon, AbbVie, Datadog And A Financial Stock: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” on Monday, Jim Lebenthal, partner at Cerity Partners, said AbbVie Inc (NYSE:ABBV) has gained 30% this year. The stock has a good dividend yield and also has an attractive valuation, he added.

Benzinga

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Amazon Terminates Employee Who Criticized Company's $1.2 Billion Deal With Israel

Amazon fires Palestinian engineer Ahmed Shahrour after he protested the company's $1.2B cloud deal with Israel.

International Business Times

Gilead, Coinbase, Rocket Lab And A Tech Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, named Gilead Sciences, Inc. (NASDAQ:GILD) as his final trade.

Benzinga

Cramer Warns Of 'Speculative Tsunami,' Says He's Avoiding Archer Aviation Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he can't recommend UiPath Inc. (NYSE:PATH) as the stock just had such a big move. “It's not for me,” he added.

Benzinga

What's Going On With Andrew Ross Sorkin's Eye? Viewers Question His Appearance as 60 Minutes Clip on Stock Market Crash Goes Viral

Viewers react to Andrew Ross Sorkin's eye during his viral 60 Minutes interview, as the journalist warns of a looming stock market crash similar to 1929.

International Business Times UK

Gen Z coder rejected by the Ivy League despite founding a $30 million app says college is 'not worth it for most people'

Although he started his first business at just ten years old, earned a perfect 4.0 GPA, and achieved a 34 on the ACT, he was still rejected by the Ivy League.

Fortune

Fed’s Chris Waller says he had a ‘great interview’ to succeed Jerome Powell and the labor market is ‘weak’ and ‘not doing great’

“There was nothing political about it,” the Fed governor told CNBC. “Just serious economic discussion.”

Fortune

Morgan Stanley Eases Barriers To Bitcoin And Ether Funds For All Clients

Morgan Stanley (NYSE:MS) has reportedly removed longstanding limits on which wealth clients can buy crypto funds, telling advisors they may place digital-asset products across account types, including retirement accounts, as part of a broader expansion of access beginning Oct. 15.

Benzinga

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news in one place.

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Benzinga

Trump's Fed Chair Shortlist Narrows To Five Doves: Who Are They?

Following a series of intense interviews, Treasury Secretary Scott Bessent has reportedly cut President Donald Trump's list of Federal Reserve chair candidates to down to five, from an initial pool of eleven.

Benzinga

Lessons Well Learned — This 18-Year-Old Learned To Code At Age 7 — Now His AI App Makes $1.4 Million Per Month

University of Miami freshman Zach Yadegari took a coding class when he was seven years old and grew up to design an AI-powered fitness app that generates $1.4 million per month, according to CNBC.

Benzinga

Netflix, Oracle And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades” on Thursday, Bill Baruch, founder and president of both Blue Line Capital and Blue Line Futures, picked Invesco DB US Dollar Index Bullish Fund (NYSE:UUP) as his final trade.

International Business Times

US Finalizes $20 Bn Economic Lifeline For Argentina, Buys Pesos

US Treasury Secretary Scott Bessent said Thursday that Washington had bought Argentine pesos and finalized a $20 billion economic support program to help prop up the South American nation's faltering finances.

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news in one place.

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Fortune

Google is tightening its ‘Work from Anywhere’ policy: Now a single day will count as a full week

The policy may lead to high-performer flight and unhappy workers, experts say.

Barchart

Nvidia CEO Is Surprised by AMD’s OpenAI Equity Move: What’s in Store for NVDA Stock?

The market is speculating about Nvidia CEO’s blunt reaction to the AMD-OpenAI deal and Nvidia is in the spotlight again.

Benzinga

Microsoft Partners With Harvard Medical School To Bolster AI Sources: Report

Microsoft Corporation (NASDAQ:MSFT) has partnered with Harvard Medical School to access its consumer health content on specific diseases and wellness topics, as the tech giant looks to diversify its artificial intelligence (AI) sources.

Benzinga

Bitcoin Minted 70,000 New Millionaires — Here's Where They're Investing Their Profits

The latest crypto rally has minted 70,000 new millionaires in the past year, according to CNBC Wealth Editor Robert Frank, who says the surge in Bitcoin and AI-driven tech is creating a "new class of wealth" unlike any previous financial cycle.

Benzinga

Jim Cramer: This Tech Stock Is 'Up A Great Deal, It's Not Making Money'

On CNBC's “Mad Money Lightning Round,” Jim Cramer says International Flavors Fragrances Inc. (NYSE:IFF) is “just flat lining.”

Benzinga

Arista Networks, Microsoft And Netflix On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director for Virtus Investment Partners named Arista Networks Inc (NYSE:ANET) as his final trade.

Tom’s Hardware

Bank of England, IMF, warn AI bubble risk has shades of 2000 dotcom crash — Goldman Sachs cautions we're not there 'yet'

Major banking institutions are starting to warn of an impending market correction for AI companies and their stock prices. Although not all agree when it'll happen, most suggest it is coming as the major industry players continue to invest in each other, driving up investments and share prices in turn.

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