The Indian billionaire investing in Trump's refinery project is also buying more Venezuelan crude
US Top News and Analysisby Priyanka Salve·16h ago
Indian billionaire Mukesh Ambani's Reliance Industries, which is investing in a historic U.S. oil refinery project proposed by President Donald Trump, has now emerged as the biggest buyer of...
AI startup Manus raises $500 million in first funding round since Meta breakup
US Top News and Analysisby Anniek Bao·17h ago
AI agent startup Manus has raised more than $500 million in its first funding round since Meta was forced to abandon its acquisition of the company.
America shut out Chinese EVs. Britain welcomed them — and now faces a difficult choice
US Top News and Analysisby Sam Meredith·18h ago
The U.K. broke with the U.S. by opening its doors to China's electric vehicle juggernaut. Chinese EVs face only a 10% standard import duty in Britain, one of the largest major overseas markets...
Trump says he is not keen on a deal with Iran as U.S. reportedly prepares for 'massive bombing'
US Top News and Analysisby Anniek Bao·20h ago
U.S. President Donald Trump said Wednesday that he no longer wants a deal with Iran, following reports that the U.S.
Trump trade chief Greer reports higher cash holdings as law firm pay topped $650K
US Top News and Analysisby Luke Fountain·1d ago
U.S. trade representative Jamieson Greer reported roughly $1.17 million to $3.75 million in cash, retirement accounts and other investments according to a CNBC analysis of his newly obtained 2025...
Anthropic will be 'most ridiculous IPO' of year, analyst says
US Top News and Analysisby Isabel O'Brien·1d ago
As Anthropic barrels toward a potential $2 trillion market cap on the Nasdaq, one research firm is valuing the artificial intelligence company at a mere $150 billion and says Wall Street is about...
Cramer says higher rates are splitting the market in two — and AI stocks have a big advantage
US Top News and Analysisby Alexa LoMonaco·1d ago
CNBC's Jim Cramer said Wednesday that rising borrowing costs are dividing the stock market into two camps: companies constrained by the bond market and artificial intelligence businesses that seem...
Lululemon poaches Athleta CEO as new chief product officer
US Top News and Analysisby Laya Neelakandan·1d ago
Lululemon announced Wednesday that Athleta CEO Maggie Gauger has joined the company as president and chief product officer, effective later this month.
Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
US Top News and Analysisby Laya Neelakandan·1d ago
Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance.
FCC to vote on auctioning 25MHz of 'prime spectrum' in move that could benefit Amazon, SpaceX
US Top News and Analysisby Dan Mangan·1d ago
The Federal Communications Commission said Wednesday it will vote on a proposal to auction 25 megahertz of "prime spectrum" to support "direct-to-device" services from satellites to smart phones.
Microsoft to sell $2,599 Surface Laptop Ultra containing Nvidia AI chip
US Top News and Analysisby Jordan Novet·1d ago
Microsoft said its new laptop containing an Nvidia AI chip will start at $2,599, as the software maker tries to bring more artificial intelligence capabilities to its consumer devices.
Strange market anomaly is creating a buying opportunity in the Nasdaq 100
US Top News and Analysisby Michael Khouw·1d ago
The Nasdaq-100 Index continues its historic run. Total returns (appreciation plus dividends) topped 24% year-to-date, and the index has nearly tripled, up 193.37% since the end of 2022 (again with...
Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
US Top News and Analysisby Jessica Dickler·1d ago
Americans are increasingly worried about their financial outlook amid expectations that inflation could worsen in the year ahead, according to a New York Federal Reserve survey released Wednesday.
Trump’s diesel order exposes White House limits to counter surging fuel prices
US Top News and Analysisby Spencer Kimball·1d ago
Truckers won't see much in the way of relief from President Donald Trump's executive order that allows them to use off-road diesel fuel on America's highways without federal penalties.
Fed officials see another hike coming, but no sign as to when, minutes show
US Top News and Analysisby Jeff Cox·1d ago
Federal Reserve officials expect they will raise interest rates again before the end of the year to head off inflation that has run above target for more than five years, according to meeting...
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
US Top News and Analysisby Brandon Gomez·1d ago
Constellation Brands beat quarterly earnings and revenue expectations as its beer brands gained market share, but continued consumer caution tempered results.
Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
US Top News and Analysisby Jeff Cox·1d ago
Inflation fears intensified in September, pushing the near-term outlook in the New York Federal Reserve's monthly survey to its highest level in nearly 3½ years.
Stocks made a record high. Two big bearish trades point to skepticism
US Top News and Analysisby Oliver Renick·1d ago
The Nasdaq-100 is up 15% since its July low and is now 2% above its previous record from June. The S&P 500, after a two-month-long battle with surging interest rates, is back trading at an all-time...
Used car prices fall in Q3, while demand for fuel-efficient vehicles grows
US Top News and Analysisby Michael Wayland·1d ago
DETROIT — Used vehicle prices are forecast to fall more than previously expected this year, as high gas prices and broader inflationary costs hit Americans' pocketbooks.
Home heating oil prices are soaring — and users' winter bills could rise 21%, federal outlook shows
US Top News and Analysisby Sarah Agostino·1d ago
Americans who heat their homes with oil are expected to face sharply higher costs this winter, even as households that rely on natural gas or propane may get some relief.
Your filters hide everything on this page. Adjust them in preferences.