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Walmart heir Lukas Walton buys minority stake in the Chicago Bulls and United Center
4 minutes ago

Lukas Walton is the 39-year-old grandson of Walmart founder Sam Walton. He and Samantha Walton are residents of Chicago.

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Trump says Iran violated ceasefire with drone attacks on Strait of Hormuz ships
10 minutes ago

The International Maritime Organization earlier paused efforts to evacuate ships and seafarers stranded in the Strait of Hormuz after a cargo vessel was struck.

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ON Semi tanks 24% following Synaptics deal as CEO defends core business
33 minutes ago

The pivot into physical AI grows On Semi's addressable market by an additional $30 billion, the company said.

Read more 33 minutes ago on CNBC
Trump threatens 100% tariffs on countries putting 'Digital Services Tax on American Companies'
58 minutes ago

"This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not," President Donald Trump wrote in a Truth Social post.

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Healthcare stocks have caught fire, sending all 3 of our names to record highs
69 minutes ago

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Leon Black refuses to answer questions on NDAs at Jeffrey Epstein hearing, Rep. Comer says
72 minutes ago

"I knew Jekyll. I didn't know Hyde," Leon Black says about Jeffrey Epstein in his prepared statement to the House Oversight and Government Reform Committee.

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Gavin Newsom calls for national billionaires tax: 'It's time for an economic reset'
81 minutes ago

California Gov. Gavin Newsom said he supports imposing "a true minimum tax on billionaires" and closing "tax-free lifestyle loan" loopholes for the rich.

Read more 81 minutes ago on CNBC
OpenAI is reportedly delaying its IPO. Here's when Kalshi traders think it will announce
2 hours ago

Speculators think the OpenAI IPO will come early next year, with only one-in-three odds it happens in 2026 but a high likelihood it is done by June 2027.

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Imposter scams led fraud reports to the FTC for fifth straight year in 2025, causing $3.5 billion in losses
2 hours ago

The amount lost to imposter scams is part of $15.9 billion in total fraud losses reported to the Federal Trade Commission in 2025

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Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%
2 hours ago

President Donald Trump's economic advisors are giving Warsh space, as the new Fed chairman, on interest rates as the president repeats calls to cut.

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OpenAI hasn't held pre-IPO investor meetings or set timeline yet, sources say
2 hours ago

OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it "may be a while" before it goes public.

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OpenAI limits new AI models to 'trusted partners' at request of U.S. government
2 hours ago

OpenAI said it previewed the new models' capabilities with the government ahead of the launch.

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Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
3 hours ago

Kashkari said he sees a hike likely this year as the economy continues to feel the hit from spiking inflation.

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Ex-Trump advisor John Bolton pleads guilty to retaining national defense information
3 hours ago

John Bolton is one of several foes of President Donald Trump who has been indicted since Trump regained the White House.

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Micron sinks, continuing a whipsaw week of trading
4 hours ago

Micron Technology's shares tumbled on Friday amid a global sell-off in technology stocks.

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Jeremy Grantham says this is the most expensive market in 'American history'
4 hours ago

Jeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.

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OpenAI and Anthropic face new AI reality as users shift from 'tokenmaxxing' to efficiency
4 hours ago

Companies are tightening their AI budgets to focus on getting a return on their investment, and that could dampen growth rates at OpenAI and Anthropic.

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Red Lobster's Ultimate Endless Shrimp promotion described as a 'car crash' for the company, lawsuit says
4 hours ago

"Thai Union doubled down on a campaign to squeeze out every drop of value that it could," creditors said

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Billionaire investor Jeremy Grantham says bitcoin will 'dwindle away with a whimper'
4 hours ago

Jeremy Grantham renewed his long-running criticism of bitcoin, predicting it will gradually fade into irrelevance over decades.

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Why breakthrough GLP-1 weight loss pills may be a bad thing for employer insurance coverage
5 hours ago

New GLP-1 weight-loss pills from Novo Nordisk and Eli Lilly are likely to boost consumer demand, but employer-sponsored health insurance may not foot the bill.

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The brands winning with World Cup advertising may not be the sponsors
7 hours ago

The World Cup winners and losers in advertising may be indicative of a broader trend of how people are responding to authentic branding.

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One factor that may be partly behind the S&P 500's curious action this week
7 hours ago

There were plenty of reasons for stocks to post a big move on Thursday, but the S&P 500 ended almost exactly where it closed Wednesday.

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Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch
7 hours ago

World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket's prediction market platform.

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Rise in memory chip costs puts pressure on retailers of laptops and smartphones
7 hours ago

As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and may lead to product shortages.

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'The cult of Elon': SpaceX investors grapple with volatility amid big swings
8 hours ago

SpaceX stock has seen big spikes and drop in its opening two weeks as a public company.

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Volkswagen plans to cut 15% of its workforce and close four German plants, report says
8 hours ago

Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.

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Estrogen patches are hard to find, and it may not be resolved any time soon
8 hours ago

Estrogen patches are in short supply as demand for menopause treatments skyrockets, and it could take at least a year for manufacturers to catch up.

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Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery
10 hours ago

Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.

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Trump keeps turning Republican wins into loyalty tests — and political liabilities
20 hours ago

President Donald Trump’s moves on housing, FISA, Iran and Washington projects are creating new headaches for Republicans trying to show voters they can govern.

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ON Semiconductor strikes $7 billion deal for Synaptics in physical AI push
20 hours ago

ON Semiconductor said the deal bumps up its total addressable market by $30 billion, to $243 billion by 2030.

Read more 20 hours ago on CNBC