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CNBC World News
Dec 09, 2023

UPenn President Liz Magill, board chair both resign following backlash over congressional antisemitism testimony
University of Pennsylvania President Liz Magill has resigned after receiving criticism for her testimony at a congressional hearing on campus antisemitism.

CNBC World News
Dec 09, 2023

From head to heart to diet, AI is learning to make a map of elite athletes' bodies
The NFL and Olympic athletes are turning to artificial intelligence for an extra boost in their training and recovery.

CNBC World News
Dec 09, 2023

The ‘relatively simple' reason why these tech experts say AI won't replace humans any time soon
Although generative AI models may be capable of writing emails and reviewing code, these tech experts don't see them replacing humans any time soon. Here's why.

CNBC World News
Dec 09, 2023

Amazon, Microsoft AI is in the business of training Olympians and NFL players
The NFL and Olympic athletes are turning to artificial intelligence for an extra boost in their training and recovery.

CNBC World News
Dec 09, 2023

25-year-old Londoner with 8 weeks of PTO: I 'love my job but I wouldn't sacrifice anything for it'
The holiday season can come with a heavy dose of stress at work, but paid time off and a supportive company culture can make a difference.

CNBC World News
Dec 09, 2023

Meta's Ray-Ban smart glasses look cool and work well if you want a camera on your face
The Ray-Ban Meta smart glasses came out in October, and we reviewed them for you.

CNBC World News
Dec 09, 2023

Here are the 3 top risks facing McDonald's heading into 2024
McDonald's held an investor day Wednesday that focused on the company's long-term future, but the near term could bring more turbulence.

CNBC World News
Dec 08, 2023

EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT
EU institutions spent the week hashing out proposals to come up with an agreement on how to regulate tools like ChatGPT.

CNBC World News
Dec 08, 2023

Why automakers are turning to hybrids in the middle of the industry's EV transition
Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.

CNBC World News
Dec 08, 2023

The runway is getting clearer, but the U.S. economy still isn't assured of a soft landing
There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession," let alone screams it.

CNBC World News
Dec 08, 2023

Google faces controversy over edited Gemini AI demo video
It comes as the company races to challenge OpenAI's GPT technology.

CNBC World News
Dec 08, 2023

Paramount shares jump after reports of takeover interest
Paramount shares surged Friday following reports that RedBird and Skydance were exploring a potential takeover.

CNBC World News
Dec 08, 2023

Starbucks tells union it wants to resume contract talks in January
The potential restart of talks could open a window to resolve a stalemate in one of the most high-profile labor disputes in the U.S. in recent years.

CNBC World News
Dec 08, 2023

U.S. approves first gene-editing treatment, Casgevy, for sickle cell disease
Casgevy uses Nobel Prize-winning technology CRISPR to treat sickle cell disease, a blood disorder that affects about 100,000 Americans.

CNBC World News
Dec 08, 2023

Rakuten makes first mobile foray into Europe as Japanese tech giant grapples with debt overhang
Hiroshi "Mickey" Mikitani told CNBC that he believes Rakuten's mobile unit will be "one of the most profitable businesses."

CNBC World News
Dec 08, 2023

Inflation expectations plunge in closely watched University of Michigan survey
The latest University of Michigan consumer sentiment survey showed the one-year outlook for the inflation rate slid to 3.1%.

CNBC World News
Dec 08, 2023

Google weighs Gemini AI project to tell people their life story using phone data, photos
A team at Google has proposed using AI technology to create a "bird's-eye" view of users' lives using mobile phone data such as photographs and searches.

CNBC World News
Dec 08, 2023

U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%
Nonfarm payrolls were expected to increase by 190,000 in November, according to the Dow Jones consensus estimate.

CNBC World News
Dec 08, 2023

U.S. issues strongest criticism of Israel yet as civilian deaths in Gaza surge
Secretary of State Blinken stressed the U.S.' concern for the protection of civilians in Gaza, where authorities say that over 16,000 people have been killed.

CNBC World News
Dec 08, 2023

Musk's Scandinavian woes deepen as Tesla loses Swedish court case, Finnish union joins port blockade
Tesla's troubles with labor unions in Scandinavia deepened, as it lost a legal suit against Sweden's postal service and Finland joined a solidarity strike.

CNBC World News
Dec 08, 2023

Russia's Vladimir Putin says he will run for president in 2024 elections: State media
Putin has run Russia for roughly 24 years and securing another presidential win would see him remain at the helm of Russian politics until at least 2030.

CNBC World News
Dec 08, 2023

Microsoft's investment in OpenAI faces initial review from UK competition regulator
The U.K.'s competition watchdog has opened an initial review into Microsoft's mammoth investment into ChatGPT creator OpenAI.

CNBC World News
Dec 08, 2023

Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
A combination of geopolitical tensions and continued central bank buying should see gold demand remain resilient next year, according to the World Gold Council.

CNBC World News
Dec 08, 2023

China vows to 'moderately' strengthen fiscal policy to bolster economic recovery
China's Politburo said Friday that it would continue to implement "proactive" fiscal policies and "prudent" monetary policies next year.

CNBC World News
Dec 08, 2023

CNBC Daily Open: AI to the rescue
Wall Street resumed its rally as technology giants intensified their AI race, boosting tech stocks.

CNBC World News
Dec 08, 2023

'Excess profits' at big energy and consumer companies pushed up inflation, report claims
The report identified Shell, Exxon Mobil, Glencore and Kraft Heinz as among the firms that saw profits "far outpace" inflation.

CNBC World News
Dec 08, 2023

In a first for Singapore, livestreaming app 17LIVE goes public via SPAC merger
Shares of Asian livestreaming app 17LIVE began trading on Friday following merger with Singapore's first SPAC, Vertex Technology Acquisition Corporation.

CNBC World News
Dec 07, 2023

Australia energy giants Woodside and Santos in talks to create $52 billion gas powerhouse
Santos and Woodside Energy have opened talks to discuss a potential merger in what could create a $52 billion oil and gas behemoth.

CNBC World News
Dec 07, 2023

Hong Kong's soccer fans will get to see Lionel Messi in action in February
Soccer fans in Hong Kong will be able to see the world's best player Lionel Messi in action next year when David Beckham's Inter Miami play the Hong Kong team in February.

CNBC World News
Dec 07, 2023

Buying property in Asia? Real estate specialists give their investment tips
It's a good time for homeowners in Hong Kong to buy now, but investors hunting for yield might want to think twice, says Peter Churchouse of Portwood Capital.

CNBC World News
Dec 07, 2023

PGA Tour star Jon Rahm signs on to join Saudi-backed LIV Golf
Jon Rahm, the defending Masters champion, signed on Thursday to leave the PGA Tour for Saudi-backed LIV Golf.

CNBC World News
Dec 07, 2023

CNBC Daily Open: AI saves the day
Wall Street resumed its rally as technology giants intensified their AI race, boosting tech stocks.

CNBC World News
Dec 07, 2023

Amazon CEO says generative AI will ‘change every customer experience'
In an interview with CNBC's Jim Cramer, Amazon CEO Andy Jassy explained how generative AI might change customers' experiences.

CNBC World News
Dec 07, 2023

Here's what the market will be looking for in Friday's key jobs report
Economists expect the Labor Department to report that nonfarm payrolls expanded by 190,000 last month, up from 150,000 in October.

CNBC World News
Dec 07, 2023

Here's what's on the menu at McDonald's new CosMc's spinoff restaurant
The 'beverage concept' will open in Illinois this week.

CNBC World News
Dec 07, 2023

Michelle Gass will replace Chip Bergh as Levi Strauss CEO in January
Levi Strauss CEO Chip Bergh is finally calling it quits and handing the reins over to his successor Michelle Gass, the former CEO of Kohl's.

CNBC World News
Dec 07, 2023

AMD stock spikes after company launches AI chip to rival Nvidia
For the past year, AI chips have been dominated by Nvidia, and cloud providers and technology companies have been searching for an alternative.

CNBC World News
Dec 07, 2023

Ferrari's $400,000 Purosangue is a dream to drive. Just don't call it an SUV
The Purosangue, its name meaning "pure blood" or "thoroughbred" in Italian, comes with a 7.5 liter, V-12 engine.

CNBC World News
Dec 07, 2023

Amazon tests grocery subscription service for Prime members
Amazon is betting members of its $139-a-year Prime program will want to pay a separate monthly fee for unlimited grocery delivery on some orders.

CNBC World News
Dec 07, 2023

Investing in Space: Why Amazon bought rocket launches from rival SpaceX
Last week, Amazon was the crunch-time shopper and the dominant platform with speedy shipping was SpaceX.

CNBC World News
Dec 07, 2023

PGA Tour star Jon Rahm gearing up to join Saudi-backed LIV Golf
Jon Rahm, the defending Masters champion, is gearing up to leave the PGA Tour for Saudi-backed LIV Golf.

CNBC World News
Dec 07, 2023

GameStop's potential new strategy: Let Ryan Cohen buy other stocks with company cash
The Chewy co-founder and investor is gaining even more power at GameStop, which was at the center of the meme stock craze of 2021.

CNBC World News
Dec 07, 2023

QR codes may be a gateway to identity theft, FTC warns
The digital codes have become popular. But thieves are also using them to steal your personal data, the Federal Trade Commission warned.

CNBC World News
Dec 07, 2023

Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns
Exxon CEO Darren Woods said the Pioneer deal is small in the context of the broader market.

CNBC World News
Dec 07, 2023

PayPal shares slide after Amazon drops Venmo as payment option
Amazon announced last October it would add Venmo as a payment method at checkout, giving shoppers more options to pay for their purchases.

CNBC World News
Dec 07, 2023

Google shares pop 5% after company announces Gemini AI model
Google shares jumped Thursday after the company announced its latest artificial intelligence model called Gemini.

CNBC World News
Dec 07, 2023

Russian spies targeting politicians with 'malicious' cyber campaign to undermine democracy, UK says
Britain's National Cyber Security Centre said Russian spies had been running a cyber campaign against high-profile British individuals and entities since 2015.

CNBC World News
Dec 07, 2023

UN chief invokes rarely used power to push for Israel-Hamas cease-fire
In a dramatic move, Guterres wrote to members of the Security Council and urged them to collectively call for a full humanitarian cease-fire.

CNBC World News
Dec 07, 2023

Biden administration asserts power to seize drug patents in move to slash high prices
The Biden administration unveiled a new framework outlining the factors federal agencies should consider in determining whether to use march-in rights.

CNBC World News
Dec 07, 2023

Nominate a company for CNBC's 2024 Disruptor 50 list
CNBC is now accepting nominations for the 2024 Disruptor 50 list — our twelfth annual look at the most innovative venture-backed companies.

CNBC World News
Dec 07, 2023

IBM was early to AI, then lost its way. CEO Arvind Krishna explains what's next
IBM CEO Arvind Krishna talked with CNBC about his specific views on regulation, the business of generative AI, IBM's mistakes and its future plan.

CNBC World News
Dec 07, 2023

UK PM Rishi Sunak seeks to prevent right-wing revolt with 'toughest immigration law ever'
U.K. Prime Minister Rishi Sunak wants to shelve some human rights laws in order to get his flagship Rwanda policy through parliament.

CNBC World News
Dec 07, 2023

Haley's new Wall Street donors view Republican debate as first test she needed to ace
Nikki Haley's big donors saw the Republican debate as a test of whether she could maintain enough momentum to take on frontrunner Donald Trump.

CNBC World News
Dec 07, 2023

China's economy has a 'steep hill to climb' despite positive export surprise, HSBC says
The Chinese economy still has a "steep hill to climb" despite a surprise pickup in exports and is unlikely to be bolstered by further fiscal stimulus, according to HSBC's chief Asia economist.

CNBC World News
Dec 07, 2023

Microsoft's president meets with the Chinese government to discuss AI co-operation
Microsoft President Brad Smith met with China's minister of commerce to discuss topics ranging from artificial intelligence to trade relations.

CNBC World News
Dec 07, 2023

UN chief invokes rarely used constitutional power to push for Israel-Hamas cease-fire
In a dramatic move, Guterres wrote to members of the Security Council and urged them to collectively call for a full humanitarian cease-fire.

CNBC World News
Dec 07, 2023

Robinhood launches crypto trading service in the EU
Robinhood on Thursday launched its crypto service in the European Union, allowing users to buy and sell a range of over 25 digital currencies.

CNBC World News
Dec 07, 2023

Hong Kong may have to brace for volatility amid challenges in 2024, financial secretary says
Hong Kong may have to gear up for "a lot of volatility" in the coming new year, says its financial secretary Paul Chan.

CNBC World News
Dec 07, 2023

Biden's support of Israel leaves him as isolated as Russia on the world stage, analyst says
Washington's stated unconditional backing of Israel has been a longstanding pillar of its Middle East foreign policy.

CNBC World News
Dec 07, 2023

Moody's cuts outlook for eight China banks on potential credit quality decline; downgrades Hong Kong too
Moody's Investors Service cut its outlook for eight Chinese banks to negative from stable on Wednesday, following an identical downgrade to China's credit rating a day earlier.

CNBC World News
Dec 07, 2023

CNBC Daily Open: Caution in the air as stock rally stalls
Wall Street's main indexes are starting to show signs of not being able to sustain a fiery rally that led to five straight weeks of gains.

CNBC World News
Dec 07, 2023

Meta to expand encryption on Messenger making it similar to WhatsApp
Meta to bring end-to-end encryption to Messenger, representing a major privacy update that makes the service more similar to its sibling WhatsApp.

CNBC World News
Dec 07, 2023

No longer a 'closed club': Why fine wine is whetting investors' appetites
With low correlation to the global stock market, a good collection of fine wine can be an excellent accompaniment to traditional investments.

CNBC World News
Dec 06, 2023

China's exports surprise with small growth — but not enough to shake off trade slump
China's exports unexpectedly ticked higher in November, while imports fell slightly from a year ago, according to customs agency data released Thursday.

CNBC World News
Dec 06, 2023

Haley's new Wall Street donors: Republican debate first test she needed to ace
Nikki Haley's big donors saw the Republican debate as a test of whether she could maintain enough momentum to take on frontrunner Donald Trump.

CNBC World News
Dec 06, 2023

China's big property market problem will take at least 4 to 6 years to resolve
China has a big problem within real estate that will take years to resolve, according to analysis from Oxford Economics' Louise Loo.

CNBC World News
Dec 06, 2023

CNBC Daily Open: Three days is a streak
Wall Street's main indexes are starting to show signs of not being able to sustain a fiery rally that led to five straight weeks of gains.

CNBC World News
Dec 06, 2023

McDonald's to open first CosMc's spinoff restaurant this week
The burger chain is positioning CosMc's as a fast, convenient way to grab a pick-me-up snack or coffee.

CNBC World News
Dec 06, 2023

Meta and Microsoft say they will buy AMD's new AI chip as an alternative to Nvidia's
AMD's newest AI chip, the Instinct MI300X, could give big tech buyers leverage over Nvidia, if it works as advertised and is price-competitive.

CNBC World News
Dec 06, 2023

AbbVie to acquire neuroscience drugmaker Cerevel Therapeutics for $8.7 billion
The deal is AbbVie's latest attempt to expand its drug pipeline as its top-selling treatments, such as Humira, face generic competition.

CNBC World News
Dec 06, 2023

Norman Lear died at 101—here's his No. 1 piece of advice for a long, fulfilling life
A couple years before his death, journalist Steve Lopez interviewed Lear about retiring, or rather not retiring.

CNBC World News
Dec 06, 2023

Ex-Twitter security executive sues X for wrongful termination and retaliation
A former Twitter security chief filed a lawsuit against X alleging wrongful termination after objecting to various cost-cutting measures enacted by Elon Musk

CNBC World News
Dec 06, 2023

Bank CEOs express support for Supplemental Security Income reform. 'This definitely should be fixed,' Jamie Dimon says
Wall Street CEOs, including JPMorgan Chase CEO Jamie Dimon, showed support for updating Supplemental Security Income, or SSI, on Capitol Hill on Wednesday.

CNBC World News
Dec 06, 2023

Meta and Microsoft say they will buy AMD's new AI chip as an alternative to Nvidia
AMD's newest AI chip, the Instinct MI300X, could give big tech buyers leverage over Nvidia, if it works as advertised and is price-competitive.

CNBC World News
Dec 06, 2023

U.S. crude oil falls below $70 a barrel, closing at the lowest level since June
U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point this year ahead of the holiday shopping and travel season.

CNBC World News
Dec 06, 2023

10-year Treasury slides, hitting fresh September low
The 10-year U.S. Treasury yield slid on Wednesday as investors assessed the state of the economy after the latest labor market data.

CNBC World News
Dec 06, 2023

Jamie Dimon lashes out against crypto: 'If I was the government, I'd close it down'
The JPMorgan Chase CEO lashed out at bitcoin and its peers, suggesting that cryptocurrencies should be banned.

CNBC World News
Dec 06, 2023

Putin makes rare visits to the UAE, Saudi Arabia to talk strengthened relations, Israel-Hamas war
The visits are his first to the region since Russia invaded Ukraine in February 2022.

CNBC World News
Dec 06, 2023

U.S. crude drops below $70 per barrel, gas prices fall to 11-month low
U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point this year ahead of the holiday shopping and travel season.

CNBC World News
Dec 06, 2023

China's young people shop for bargains in mall basements: ‘The first floor is too expensive,' 26-year-old says
Chinese youngsters are increasingly shopping and dining at the basement units of malls, a trend labeled as the "B1B2 economy" on the social media.

CNBC World News
Dec 06, 2023

Israel exchange says no abnormal trading ahead of Oct. 7 attack, calls short seller report 'flawed'
The authors, Joshua Mitts, professor at Columbia Law School, and Robert Jackson, professor at New York University, said they found "troubling trading patterns" that warrant investigation.

CNBC World News
Dec 06, 2023

Governments are spying on Apple and Google users through phone notifications, U.S. senator says
U.S. Sen. Ron Wyden warned that foreign governments are spying on smartphone users by compelling Apple and Google to turn over push notification records

CNBC World News
Dec 06, 2023

Google launches its largest and 'most capable' AI model, Gemini
The company is planning to license Gemini to customers through Google Cloud for them to use in their own applications.

CNBC World News
Dec 06, 2023

International airline group expects a banner year for travel in 2024
Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity, IATA said.

CNBC World News
Dec 06, 2023

McDonald's aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
After 2024, McDonald's is targeting systemwide sales growth of 2.5% in constant currency.

CNBC World News
Dec 06, 2023

New Trump administration will come after the media, ally warns
Kash Patel warned that a second Trump administration would "find the conspirators, not just in the government, but in the media."

CNBC World News
Dec 06, 2023

Private payrolls increased by 103,000 in November, below expectations, ADP says
Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, ADP reported.

CNBC World News
Dec 06, 2023

10-year Treasury yield little changed after hitting lowest level since September
U.S. Treasury yields were mixed on Wednesday as investors weighed the state of the economy after the latest labor market data.

CNBC World News
Dec 06, 2023

Bank of England warns that higher rates 'have yet to come through' to an already weak economy
The Bank of England warned on Wednesday warned that although household finances are faring better than expected, higher borrowing costs have yet to feed through to the economy.

CNBC World News
Dec 06, 2023

TikTok parent ByteDance offers share buyback valuing the Chinese giant at $268 billion
TikTok parent ByteDance plans to spend up to $5 billion buying back stock, a person familiar with the matter told CNBC.

CNBC World News
Dec 06, 2023

The signs are pointing to a banner travel year in 2024
Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity, IATA said.

CNBC World News
Dec 06, 2023

The signs are pointing to a bumper travel year in 2024
Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity, IATA said.

CNBC World News
Dec 06, 2023

10-year Treasury yield rises after hitting lowest level since September
U.S. Treasury yields were mixed on Wednesday as investors weighed the state of the economy after the latest labor market data.

CNBC World News
Dec 06, 2023

Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
The announcement is the latest move in Saudi Arabia's aggressive campaign to attract international investment and headcount to the kingdom.

CNBC World News
Dec 06, 2023

U.S. consumers will soon wake up to ‘out of control' interest on their credit cards, economist says
Real incomes are not rising enough to cover the increase in debt burdens, according to Carl Weinberg.

CNBC World News
Dec 06, 2023

Putin arrives in the UAE for rare trip, before visiting Saudi Arabia
The visits are his first to the region since Russia invaded Ukraine in February 2022.

CNBC World News
Dec 06, 2023

Europe travel giant Tui rallies after it forecasts 25% jump in operating profit
Revenue rose 11% to 8.5 billion euros ($9.17 billion), while investors zeroed in on a forecast for EBIT to increase by at least 25% year-on-year in 2024.

CNBC World News
Dec 06, 2023

'You can't just make your own rules': Tesla faces Scandi revolt as Danes join Swedish strike
Tesla faces a growing revolt in Scandinavia after Danish dockworkers joined a sympathy strike with Swedish mechanics.

CNBC World News
Dec 06, 2023

2-year Treasury yield rises as investors digest economic data
U.S. Treasury yields were mixed on Wednesday as investors weighed the state of the economy after the latest labor market data.

CNBC World News
Dec 06, 2023

Putin makes rare visit to the UAE, Saudi Arabia to talk strengthened relations and Israel-Hamas war
The visits are his first to the region since Russia invaded Ukraine in February 2022.

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