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The Latest Breaking News from CNBC

Black Friday hits record sales, but troubling consumer behavior isn't adding up

Consumers are finding new ways to take advantage of the big sales days.

The Street

Coinbase stock surges 18% in a week as CEO Brian Armstrong says Binance settlement closes ‘that chapter of crypto’s history’

“Building a company offshore, skirting regulation, it's just not going to work,” Armstrong said in an interview with CNBC in London.

Fortune

TikTok's Owner Cuts Hundred Of Jobs In Gaming Unit: Reports

The Chinese tech giant is scaling back its Nuverse unit, Reuters and CNBC reported.

International Business Times

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Bitcoin Tops $38,000 For First Time This Year In Hectic Crypto Week

Bitcoin hit a 2023 high in a week that saw problems at Binance and HTX.

Kiplinger

Bed, Bath & Beyond investor slams the board chair for allegedly speculating on ‘secret nefarious plot’ from reality star board member Marcus Lemonis and refusing his help

JAT Capital Management, which owns 9.6% of Bed, Bath, & Beyond, sent the board a second letter, just weeks after it got its CEO fired.

Fortune

Jim Cramer comments on advertisers leaving X

Cramer once had a friendly relationship with Elon Musk, but those days are seemingly over.

The Street

Apple, Lions Gate Join IBM In Pushback Against Elon Musk, Twitter Over Antisemitic Content

World's richest person is also most followed person on a leading social media platform,when they post or reply,it is widely seen

Zenger

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Apple and Tesla stumbles have thrown the ‘Magnificent 7’ into doubt—but according to Wall Street analysts they’ll be the backbone of the market for years

JPMorgan, Goldman Sachs, Oppenheimer and Ned Davis Research on the future of Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla shares.

Fortune

"We are getting very good at identifying a Russian campaign," Microsoft weighs in on disinformation and national security at recent events

At a recent peace summit in Paris, Microsoft President Brad Smith offered some comments on how Microsoft is combating disinformation from hostile states such as Russia.

Windows Central

Speaker Mike Johnson calls separation of church and state ‘a misnomer’

Christian nationalist House speaker bemoans ‘misunderstanding’ of one of US’s founding principles

The Guardian - US

1 Beaten-Down Dividend Aristocrat Jim Cramer Says You Should Buy

This reliable income stock is down 14% in 2023 - lagging not only the broader market, but the rest of the dividend aristocrats, too. Here's why CNBC's top analyst says the 6% yielding monthly dividend stock is still a buy right now.

Barchart

New documentary explores why US companies are flocking to F1

As is well documented by now, Liberty Media has driven large worldwide growth of F1, with Netflix series Drive to Survive seen as the catalyst to its international expansion.

Motorsport

Android's answer to iPhone Emergency SOS via satellite is being shut down

Chip maker Qualcomm has announced its Snapdragon Satellite emergency and SMS comms feature will be wound down in December, seemingly after Android phone makers failed to implement the feature.

Tom’s Guide

Top investors explain where Disney stock, finally rising, could go

Disney stock has seen a slight increase since its fourth quarter earnings call on Nov. 8.

The Street

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TechRadar

Surprise, surprise - the average Google employee works more than a normal 9-to-5 workday

Google’s HR team finally recognizes that employees spend more than eight hours a day working.

Windows Central

Temporarily blocking its employees from accessing ChatGPT over security and privacy concerns, Microsoft responds

Microsoft employees were briefly restricted from accessing ChatGPT on Thursday due to "security and data concerns."

Fortune

Millennials and Gen Z say it's harder to buy a house and get promoted than it was for their parents

55% of young people say it’s harder to buy a home than it was for their parents—and harder to get ahead in the office.

Fortune

Consumers have been propping up the U.S. economy when no one else could—now the debts are being called and they can’t pay their bills

Americans’ credit card balances have hit a record high.

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news in one place.

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Fortune

'The wizard vs. the illusionist': Bob Iger faces another challenge as ex-Disney employees join activist investor Nelson Peltz in a personal vendetta against the iconic CEO

Trian's Nelson Peltz is going after Bob Iger for the second time this year in a bid to get a seat on Disney's board.

Fortune

Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant

The banking titan could lay off thousands of staffers.

Golf Monthly

Rory McIlroy ‘Sincerely’ Hopes For PGA Tour/PIF Deal To ‘Bring The Game Of Golf Back Together’

The four-time Major winner told CNBC’s Halftime Report he hopes for a deal between the PGA Tour and PIF

Fortune

Wall Street titans Larry Fink and Jamie Dimon say ‘rising fear and less hope’ are pushing the chances of a recession higher

JPMorgan CEO Dimon warned that the world is facing the “most serious” geopolitical instability since 1938.

The Independent UK

Robert Card: What we know about the suspect in Maine mass shooting

The body of 40-year-old Army reservist Robert Card has been found after a two-day manhunt. Mike Bedigan, Maroosha Muzaffar and Richard Hall report on what we know about the suspect in the Lewiston mass shooting. WARNING: Disturbing images

Investors Business Daily

DraftKings, IBD Stock Of The Day, Surges Past Buy Points On Earnings — Cue The Taylor Swift Effect

Stock Of The Day: DraftKings skyrocketed Friday past various points on earnings, with a possible assist from Taylor Swift and Travis Kelce.

The Street

Target CEO has positive outlook on retail theft

CEO Brian Cornell gives update on the company's efforts to tackle the issue after a recent tough decision.

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People

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