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CNBC World News
Jul 26, 2024

Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says
Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the NYSE's website.

CNBC World News
Jul 26, 2024

FAA approves SpaceX to resume Falcon 9 rocket launches after two-week hiatus
The FAA approved SpaceX to resume flights of its mainstay Falcon 9 rocket after being grounded about two weeks ago following a rare inflight failure.

CNBC World News
Jul 26, 2024

Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league's games, after it chose NBCUniversal and Amazon as new media partners.

CNBC World News
Jul 26, 2024

UK Finance Minister Rachel Reeves pledges most 'pro-growth, pro-business' government the country has seen
U.K. Finance Minister Rachel Reeves said Friday that the new Labour government would be the most pro-growth and pro-business the country has seen.

CNBC World News
Jul 26, 2024

Crypto firm Ledger hikes prices of iPod-inspired wallet by 40% and launches new mid-tier option
Crypto firm Ledger is increasing the price of Ledger Stax, its iPod-inspired hardware wallet, and releasing a similar, cheaper device, called Flex.

CNBC World News
Jul 26, 2024

European stocks push higher as global selloff eases; NatWest up 7.2%
European markets were higher on Friday afternoon as a global stock selloff eased and investors reacted to U.S. inflation data.

CNBC World News
Jul 26, 2024

Fed's key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.

CNBC World News
Jul 26, 2024

Fed's key inflation gauge rose 2.5% in June from a year ago, in line with expectations
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.

CNBC World News
Jul 26, 2024

Eurostar cancels quarter of train services ahead of Olympics after arson attacks on French railway
French railway operator SNCF said in a statement its network had experienced several concurrent attacks on Thursday night, with fire damaging its facilities.

CNBC World News
Jul 26, 2024

Novo Nordisk's Wegovy wins EU backing for reducing heart risks
Novo Nordisk's Wegovy has received backing from the EU's medical regulator to expand the weight loss drug's use to reducing the rise of serious heart events.

CNBC World News
Jul 26, 2024

European stocks rise as global selloff eases; NatWest up 6%
European markets were higher on Friday as the global selloff seen this week eases.

CNBC World News
Jul 26, 2024

Nvidia supplier SK Hynix to build $6.8 billion chip plant in South Korea
SK Hynix's plant will be in the Yongin Semiconductor Cluster where the South Korean government is looking to build a massive complex of chip operations.

CNBC World News
Jul 26, 2024

Obama endorses Kamala Harris as she builds momentum against Donald Trump
The Obamas' highly anticipated endorsement could give Harris campaign a boost as it builds momentum to rival that of Donald Trump.

CNBC World News
Jul 26, 2024

European stocks rise as global selloff eases; Natwest up 7%
European markets were higher on Friday as the global selloff seen this week eases.

CNBC World News
Jul 26, 2024

Nvidia supplier SK Hynix to build $6.8 billion chip plan in South Korea
SK Hynix's plant will be in the Yongin Semiconductor Cluster where the South Korean government is looking to build a massive complex of chip operations.

CNBC World News
Jul 26, 2024

France's high-speed rail network hit by arson attacks, canceling trains ahead of Olympics
SNCF said in a statement its network had experienced severall concurrent attacks on Thursday night, with fire damaging its facilies.

CNBC World News
Jul 26, 2024

CrowdStrike CEO says 97% of Windows sensors back online after major outage
Last week, CrowdStrike issued a routine update to its users around the world that contained a bug which caused Microsoft's Windows operating system to crash.

CNBC World News
Jul 26, 2024

Japan's Nikkei falls for eighth straight day amid a broader gain in Asia-Pacific markets
Inflation in Japan's capital city of Tokyo is widely considered a leading indicator of price increases in the country.

CNBC World News
Jul 26, 2024

Venezuela's Maduro bids for a third term in power — as U.S., Brazil warn over need for free election
Venezuela's Nicolas Maduro will seek his third term in office on Sunday in a vote that's regarded as the country's most open contest in more than a decade.

CNBC World News
Jul 26, 2024

European stocks head for mixed open as selloff eases; U.S. inflation data due
European markets are heading for a mixed open Friday as the global selloff seen this week eases.

CNBC World News
Jul 26, 2024

Airlines roll out business seat upgrades at Farnborough Airshow as demand for lucrative cabin class set to rise
Qatar Airways and Turkish Airlines showcased new business class products at the event.

CNBC World News
Jul 26, 2024

She spent four months in France and Spain on a $6,000 budget
Rowena Hennigan took a self-funded sabbatical from work to rest and reset, spending four months in Europe on a shoestring budget. Here is how she made it work.

CNBC World News
Jul 26, 2024

Apple's no longer among top 5 smartphone vendors in China as domestic brands dominate market
Apple's smartphone market share in China declined 2% in the second quarter as it faces intensifying rivalry from rivals like Huawei, a Canalys report showed.

CNBC World News
Jul 26, 2024

Want to avoid giving your kid a smartphone? Mental health experts say you're not alone — and have 5 tips
It's hard to avoid giving your child a smartphone in this new digital age but mental health experts say it starts with having strong boundaries as a parent.

CNBC World News
Jul 26, 2024

Rich Chinese travelers are flocking to Tokyo to take advantage of the weak yen
LVMH, Kering and Burberry all noted an uptick in sales from travelers to Japan, despite weaker sales in China that weighed on overall results.

CNBC World News
Jul 26, 2024

Here's how much it can cost a family of four to live across 10 major Asian cities
Here's approximately how much a family of four will pay for cost of living in these 10 major Asian cities.

CNBC World News
Jul 26, 2024

Exhausted at work, she spent four months in France and Spain on a $6,800 budget
Rowena Hennigan took a self-funded sabbatical from work to rest and reset, spending four months in Europe on a shoestring budget. Here is how she made it work.

CNBC World News
Jul 25, 2024

Most Asia-Pacific markets rebound after sell-off as investors assess Tokyo CPI, await U.S. inflation data
Inflation in Japan's capital city of Tokyo is widely considered a leading indicator of price increases in the country.

CNBC World News
Jul 25, 2024

Asia-Pacific markets mixed after sell-off as investors assess Tokyo CPI, await U.S. inflation data
Inflation in Japan's capital city of Tokyo is widely considered a leading indicator of price increases in the country.

CNBC World News
Jul 25, 2024

How Visa employed artificial intelligence to check $40 billion in fraud as scammers also take to AI
The payments giant said it prevented $40 billion worth of fraudulent transactions from October 2022 to September 2023, nearly double from a year ago.

CNBC World News
Jul 25, 2024

U.S. Secretary of Commerce talks domestic chip production: 'There's no place to be reckless here or play politics'
In a Thursday interview with CNBC's Jim Cramer, U.S. Secretary of Commerce Gina Raimondo stressed the importance of domestic chip production.

CNBC World News
Jul 25, 2024

Kamala Harris debuts official TikTok account as presidential campaign picks up
Kamala Harris debuted an official TikTok account on Thursday, underscoring the social broadcasting app's importance to the 2024 presidential campaign.

CNBC World News
Jul 25, 2024

'It is time for this war to end,' Harris tells Netanyahu; 'I will not be silent' on Palestinian suffering
Harris' remarks followed a meeting she held with Israeli Prime Minister Benjamin Netanyahu in Washington Thursday.

CNBC World News
Jul 25, 2024

Samsung hints at new products as it bets on AI to drive upgrades to its latest foldable phones
Samsung Electronics' mobile boss TM Roh discussed Galaxy AI and software strategy, while hinting at future foldable products and mixed reality headsets.

CNBC World News
Jul 25, 2024

Harris says 'it is time for this war to end,' affirms 'unwavering' support for Israel
Harris' remarks followed a meeting she held with Israeli Prime Minister Benjamin Netanyahu in Washington Thursday.

CNBC World News
Jul 25, 2024

Lineage closes up more than 3% in market's largest IPO of 2024
Lineage, the largest temperature-controlled warehouse REIT in the world, closed up by more than 3% after going public under the ticker symbol "LINE."

CNBC World News
Jul 25, 2024

Ford shares post worst day since 2008, leading autos rout after company's disappointing earnings
Ford closed Thursday at $11.16, down by 18.4% — marking the stock's worst daily decline since 2008 and the second-worst performer of S&P 500 companies.

CNBC World News
Jul 25, 2024

'Deadpool & Wolverine' set for highest opening of an R-rated film
Disney and Marvel's "Deadpool & Wolverine" is expected to shatter box office records and become the highest opening film with an R-rating.

CNBC World News
Jul 25, 2024

OpenAI announces a search engine called SearchGPT; Alphabet shares dip
OpenAI announced a prototype of its SearchGPT search engine on Thursday.

CNBC World News
Jul 25, 2024

Melania Trump's memoir set for Sept. 24 release, weeks before election
The former first lady has remained conspicuously absent from the campaign trail as Donald Trump seeks a second term in office.

CNBC World News
Jul 25, 2024

Lineage begins trading in the market's largest IPO of 2024
Lineage, the largest temperature-controlled warehouse REIT in the world, rose by as much as 5% after going public under the ticker symbol "LINE."

CNBC World News
Jul 25, 2024

'Deadpool and Wolverine' set for highest opening of an R-rated film
Disney and Marvel's "Deadpool and Wolverine" is expected to shatter box office records and become the highest opening film with an R-rating.

CNBC World News
Jul 25, 2024

Ford shares, on pace for worst day since 2009, lead autos rout after company's disappointing earnings
Shares of Ford were off by more than 17% in early trading Thursday - on pace for their worst decline since 2009.

CNBC World News
Jul 25, 2024

CNBC's Inside India newsletter: The tax with potential side effects
The Indian government is borrowing a page from 17th-century England over taxation, but modern Britain holds the clue to some of its side effects.

CNBC World News
Jul 25, 2024

Jeep, Dodge maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales
Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes and lower market share in North America.

CNBC World News
Jul 25, 2024

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.

CNBC World News
Jul 25, 2024

Wegovy rival to be part of a suite of weight loss drugs, Roche CEO says following positive trial results
Roche said Thursday that its Wegovy rival weight loss drugs will be part of a suite of medicines aimed at combatting the effects of obesity.

CNBC World News
Jul 25, 2024

Unilever pops 6% on margin guidance raise, Ben & Jerry's spinoff on track to complete by end of 2025
The company, whose vast portfolio of brands spans Dove, Axe, Knorr and Vaseline, recorded sales growth across all segments in the first half of the year.

CNBC World News
Jul 25, 2024

Southwest profit falls 46% as airline takes 'urgent' steps to increase revenue
Southwest is under pressure from an activist investor after it lagged competitors.

CNBC World News
Jul 25, 2024

China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic.

CNBC World News
Jul 25, 2024

Ford shares tumble 13% after massive earnings miss
The automaker increased its target for free cash flow but maintained its 2024 earnings guidance, disappointing some investors who had hoped for a hike.

CNBC World News
Jul 25, 2024

Philippines battles to contain oil spill as tanker sinks, leaving one dead
A tanker carrying 1.4 million liters of industrial fuel sank off the coast of Philippines, leading to one casualty and a vast oil spill.

CNBC World News
Jul 25, 2024

Coinbase UK unit fined $4.5 million by British regulator over 'high-risk' customer breaches
U.K. regulators fined Coinbase's U.K. arm £3.5 million ($4.5 million) on Thursday over breaches of a voluntary agreement designed to stop the cryptocurrency exchange onboarding "high-risk customers.

CNBC World News
Jul 25, 2024

Unilever pops 5% on margin guidance raise, Ben & Jerry's spinoff on track to complete by end of 2025
The company, whose vast portfolio of brands spans Dove, Axe, Knorr and Vaseline, recorded sales growth across all segments in the first half of the year.

CNBC World News
Jul 25, 2024

Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
Shares in Gucci-owner Kering fell on Thursday after the luxury group announced a sharp decline in revenue in the first half of the year.

CNBC World News
Jul 25, 2024

Now you can see Taylor Swift's costumes, shoes and instruments at a top London museum — for free
Swift's costumes, and other objects from her archive, are being shown at a free "Songbook Trail" exhibition at London's V&A museum.

CNBC World News
Jul 25, 2024

Revolut clinches UK banking license, ending three-year wait
British fintech startup Revolut on Thursday that it had received a preliminary banking license with restrictions, bringing to an end a three-year wait.

CNBC World News
Jul 25, 2024

Unilever pops 6% on guidance raise, Ben & Jerry's spinoff on track to complete by end of 2025
The British company, whose vast portfolio of brands spans Dove, Axe, Knorr and Vaseline, recorded sales growth across all segments in the first half of the year.

CNBC World News
Jul 25, 2024

Britain will soon lay out new plans to regulate 'buy now, pay later' firms like Klarna after delays
A U.K. Treasury department spokesperson said the government will set out plans to regulate "buy now, pay later" plans "shortly."

CNBC World News
Jul 25, 2024

Jeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales
Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes and lower market share in North America.

CNBC World News
Jul 25, 2024

CNBC Daily Open: Wall Street sinks, Tesla slumps
S&P 500 and Nasdaq tumble for worst day since 2022. Tesla slumps 12%. Ford misses earnings

CNBC World News
Jul 25, 2024

India is on alert after a fresh outbreak of the deadly Nipah virus. Here's what you need to know
Health authorities in the southern Indian state of Kerala are on high alert for the latest in a series of outbreaks of the incurable Nipah virus.

CNBC World News
Jul 24, 2024

Chinese EV startups are spending more on research than Tesla is
U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis.

CNBC World News
Jul 24, 2024

Salary transparency gains steam in Asia as young people share their salaries online
Whereas California and New York require companies to share pay ranges on job postings, most companies in Asia limit pay transparency to internal stakeholders.

CNBC World News
Jul 24, 2024

Japan's Nikkei drops 3% as Asia-Pacific markets slide, tracking Wall Street sell-off
South Korea's GDP grew 2.3% year on year, lower than the 2.5% expected by economists polled by Reuters.

CNBC World News
Jul 24, 2024

CNBC Daily Open: Wall Street sinks, Ford slumps
S&P 500 and Nasdaq tumble, marking their worst day since 2022. Tesla slumps 12%. Ford misses earnings estimates.

CNBC World News
Jul 24, 2024

Biden says he put 'personal ambition' aside to 'pass the torch' to Harris for Trump battle
President Biden dropped out of the race against Donald Trump and endorsed Kamala Harris while isolating with Covid-19 in Delaware.

CNBC World News
Jul 24, 2024

Nvidia supplier SK Hynix posts highest quarterly profit in 6 years on AI chip leadership
SK Hynix on Thursday said that a continuous rise in overall prices of its memory products led to a 32% increase in revenue compared with the previous quarter.

CNBC World News
Jul 24, 2024

IBM shares jump on earnings and revenue beat
IBM reported better-than-expected results for the second quarter, and the company said it's seeing more business tied to generative artificial intelligence.

CNBC World News
Jul 24, 2024

Chipotle earnings and revenue top estimates, restaurant traffic rises again
Shares of Chipotle have risen 24% this year, bringing its market value up to $72.82 billion.

CNBC World News
Jul 24, 2024

Ford shares tumble 11% after massive earnings miss
The automaker increased its target for free cash flow but maintained its 2024 earnings guidance, disappointing some investors who had hoped for a hike.

CNBC World News
Jul 24, 2024

NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery attempt to match deal
NBA informs Warner Bros. Discovery it intends to ignore its matching rights and move forward with Amazon as a partner

CNBC World News
Jul 24, 2024

Kamala Harris' tech allies on track to raise over $100 million as they work to win over Silicon Valley skeptics
Kamala Harris' allies in tech want to try to stop Donald Trump from making headway in their industry.

CNBC World News
Jul 24, 2024

Tesla shares close down 12% after earnings miss for biggest slump since 2020
Tesla shares dropped after the company reported second-quarter earnings that missed expectations.

CNBC World News
Jul 24, 2024

Fox News invites Harris and Trump to debate in September
President Joe Biden dropped out of the race against Donald Trump and endorsed Vice President Kamala Harris after his disastrous June debate performance.

CNBC World News
Jul 24, 2024

Why an indicator that has foretold almost every recession doesn't seem to be working anymore
The situation has many on Wall Street scratching their heads about why the inverted curve has been so wrong this time

CNBC World News
Jul 24, 2024

Elon Musk attends Netanyahu's speech to Congress as his guest, but dozens of lawmakers skip it
Elon Musk attended Israeli Prime Minister Benjamin Netanyahu's address to Congress as his guest, he said in the Capitol.

CNBC World News
Jul 24, 2024

$1 million hypothetical portfolios: How kids from wealthy families at an elite Swiss school learn about money
Bernhard Gademann, president of an elite Swiss boarding school, has a strategy to cater to the children of parents who pay more than $160,000 in tuition a year.

CNBC World News
Jul 24, 2024

Elon Musk will attend Netanyahu's speech to Congress as his guest
Elon Musk is attending Israeli Prime Minister Benjamin Netanyahu's address to Congress as his guest, he said in the Capitol.

CNBC World News
Jul 24, 2024

Tesla shares fall 11% after earnings miss, head for steepest slide since January
Tesla shares dropped after the company reported second-quarter earnings that missed expectations.

CNBC World News
Jul 24, 2024

Kamala Harris, dozens of lawmakers sit out Netanyahu speech to Congress
Kamala Harris is on the campaign trail as the de facto Democratic presidential nominee after President Biden exited the race and endorsed her.

CNBC World News
Jul 24, 2024

Tesla shares fall 12% after earnings miss
Tesla shares dropped after it reported second-quarter earnings that missed expectations.

CNBC World News
Jul 24, 2024

Britain's King Charles cashes in as Crown Estate profits surge to over $1.4 billion
Britain's King Charles is set for a bumper £45 million ($58 million) pay raise after profits at the sovereign's public estate more than doubled, according to official records.

CNBC World News
Jul 24, 2024

Tesla shares fall 8% in premarket trading after earnings miss
Tesla shares dropped in premarket trading in the U.S. after it reported second-quarter earnings that missed expectations.

CNBC World News
Jul 24, 2024

World shatters heat record for the second time in just two days
The world registered its hottest day on record for the second time in just two days, according to the latest data compiled by the EU's climate monitor.

CNBC World News
Jul 24, 2024

World's largest luxury group LVMH slumps 4% after second-quarter revenue miss
Shares in LVMH fell on Wednesday after the luxury group on Tuesday released its earnings for the first half of 2024.

CNBC World News
Jul 24, 2024

Deutsche Bank shares drop 6% after lender snaps 15-quarter profit streak
Net loss attributable to shareholders was 143 million euros ($155.1 million), against an LSEG poll of analysts which had predicted a loss of 145 million euros.

CNBC World News
Jul 24, 2024

Tesla shares fall 7% in premarket trading after earnings miss
Tesla shares fell more in premarket trading in the U.S. after it reported second-quarter earnings that missed expectations.

CNBC World News
Jul 24, 2024

World's largest luxury group LVMH slumps 5% after second-quarter revenue miss
Shares in LVMH fell on Wednesday after the luxury group on Tuesday released its earnings for the first half of 2024.

CNBC World News
Jul 24, 2024

Deutsche Bank shares drop 8% after lender snaps 15-quarter profit streak
Net loss attributable to shareholders was 143 million euros ($155.1 million), against an LSEG poll of analysts which had predicted a loss of 145 million euros.

CNBC World News
Jul 24, 2024

Elon Musk says he expects China to approve Tesla's Full Self-Driving by the end of the year
Tesla CEO Elon Musk has again touted the impending rollout of advanced driver-assist software in China, after reporting disappointing earnings.

CNBC World News
Jul 24, 2024

Spain's Santander posts 20% hike in net profit as retail business shines
Banco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity.

CNBC World News
Jul 24, 2024

Deutsche Bank snaps 15-quarter profit streak on Postbank lawsuit provision
Net loss attributable to shareholders was 143 million euros ($155.1 million), against an LSEG poll of analysts which had predicted a loss of 145 million euros.

CNBC World News
Jul 24, 2024

Podcast: How CrowdStrike caused a global IT meltdown and what comes next
In the latest episode of CNBC Tech's "Beyond the Valley" podcast, Arjun Kharpal and Tom Chitty discuss the CrowdStrike IT failure.

CNBC World News
Jul 24, 2024

India 'clearly has a problem' finding new drivers for economic growth, JPMorgan's Jahangir Aziz says
India "clearly has a problem" figuring out new drivers for its economic growth even as its economy expands at a fast pace, JPMorgan said.

CNBC World News
Jul 24, 2024

Chinese EV stocks drop as Tesla's earnings miss, General Motors delays EV plans
Shares of China's electric vehicle companies mostly dropped on Wednesday after U.S. giant Tesla's earnings fell short of analyst estimates.

CNBC World News
Jul 24, 2024

Elon Musk says he expects China to approve Full Self-Driving by the end of the year
Tesla CEO Elon Musk has again touted the impending rollout of advanced driver-assist software in China, after reporting disappointing earnings.

CNBC World News
Jul 24, 2024

Chinese EV stocks drop after Tesla's earnings miss, General Motors delays EV plans
Shares of China's electric vehicle companies mostly dropped on Wednesday after U.S. giant Tesla's earnings fell short of analyst estimates.

CNBC World News
Jul 24, 2024

Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI — if shareholders approve
During the Tuesday earnings call, shareholders asked Musk whether Tesla might invest in xAI and integrate xAI's software, named Grok, into its vehicles.

CNBC World News
Jul 23, 2024

Trump 2.0 could go 'nuclear' on China trade, while economists say Harris would remain tough
Economists and trade experts largely expect Trump would further cut and destabilize trade relations between the world's two largest economies.

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