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'I think we have to let it run,' Cramer says of this industrial powerhouse
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. Read full article
2h ago
CNBC
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Canadian wildfire smoke pushes NYC residents indoors, city briefly had world's worst air quality
New York City's air quality rating briefly ranked the worst of any city in the world Tuesday, according to the IQAir World Air Quality Index. Read full article
2h ago
CNBC
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Freight railroad alert raised to 'red' as shippers fear more West Coast port tensions
Union Pacific lifts pause on exports to LA, Long Beach, but with West Coast port volatility spreading to railroads, a freight index ups risk level to 'severe.' Read full article
2h ago
CNBC
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FAA halts some flights bound for New York's LaGuardia Airport amid smoke from Canadian wildfires
The FAA said the affected flights were scheduled to fly from the East Coast and upper Midwest to LaGuardia. Read full article
2h ago
CNBC
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Boeing sued for allegedly stealing IP, counterfeiting tools used on NASA projects
Wilson Aerospace, a family-run tools company based in Colorado, is suing Boeing for a wide range of claims concerning allegedly stolen intellectual property. Read full article
2h ago
CNBC
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Amazon is pursuing 'too many ideas' and needs to focus on best opportunities, analyst says in letter to Jassy
Bernstein analysts published a report on Wednesday that they called an "open letter" to CEO Andy Jassy and the board, laying out the company's challenges. Read full article
2h ago
CNBC
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Crypto is Gen Z’s most common investment. That may be risky, experts said
Crypto is the predominant investment among young investors, a report found. It generally shouldn't be more than a sliver of one's portfolio, experts say. Read full article
5h ago
CNBC
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Jim Cramer's top 10 things to watch in the stock market Wednesday
Raymond James questions whether COIN can stay in business without some sort of resolution. Read full article
7h ago
CNBC
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New York is the worst city to launch your career—see which other places made the list
NYC and Gulfport, Mississippi, are the worst places to start a career in 2023, according to recent research. Read full article
7h ago
CNBC
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Here are tax-savvy ways to donate money, according to a charitable giving expert
If you're planning to donate money, certain charitable giving moves provide a bigger tax benefit. Here's what investors need to know. Read full article
7h ago
CNBC
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Oil giant Shell's UK ad campaign banned for being 'likely to mislead' consumers
Campaign group AdFree Cities said the ruling "sends a powerful message" to energy companies that greenwashing ad campaigns would no longer be tolerated. Read full article
7h ago
Oil
CNBC
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A.I. worries Hollywood actors as they enter high-stakes union talks
Hollywood's acting guild is looking for guardrails for the use of artificial intelligence as contract talks with producers begin Wednesday. Read full article
7h ago
CNBC
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As Republican contenders start to line up for the White House in 2024, Social Security may be key issue
Top leaders including President Joe Biden and former President Donald Trump have said they won't touch Social Security. But some say imminent reform is needed. Read full article
7h ago
CNBC
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Used car prices are falling as sales soften amid high interest rates
Cox Automotive reported a 2.7% decline from April to May in its used vehicle index, which tracks vehicles sold at its U.S. wholesale dealership auctions. Read full article
7h ago
CNBC
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CNN CEO Chris Licht out after Trump town hall fallout, brutal Atlantic article
Chris Licht is out at CNN after leading the news network for a little more than a year. Read full article
7h ago
CNBC
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Millionaires are hoarding cash, betting on higher rates, CNBC survey says
Wealthy investors are still cautious on the stock market, but not as bearish as they were at the start of the year. Read full article
7h ago
CNBC
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Millionaires favor DeSantis in Republican presidential primary, but support for Trump grows
Republican millionaires are souring on Gov. Ron DeSantis and more often supporting Donald Trump, a sign of possible shifting winds among donors. Read full article
7h ago
CNBC
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UK predicted to have the highest inflation rate out of all advanced economies this year
The U.K. is set to report a headline inflation of 6.9% this year, according to the OECD, marking the highest such level among all advanced economies. Read full article
8h ago
CNBC
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Stocks making the biggest moves premarket: Netflix, Tesla, Coinbase, GameStop and more
These are the stocks posting the largest moves in premarket trading. Read full article
8h ago
CNBC
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Taco Bell to test Vegan Crunchwrap with plant-based beef and cheese in 3 cities
The Yum Brands chain Taco Bell has long been a favorite for customers who don't eat meat, thanks to its vegetarian substitutes such as beans and potatoes. Read full article
8h ago
CNBC
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Golf's PGA-LIV merger is seen as a major win for the Saudis — and Americans are slamming it
U.S. lawmakers, commentators and sports fans are calling the deal "hypocritical" and accusing the PGA Tour of taking "Saudi blood money" and "sportswashing." Read full article
8h ago
CNBC
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Google Cloud is partnering with Mayo Clinic as it tries to expand use of generative A.I. in health care
Mayo Clinic will be using Google Cloud's generative artificial intelligence technology to help doctors and nurses more easily track patient data. Read full article
8h ago
CNBC
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Mortgage demand drops despite rates coming off recent highs
Mortgage rates fell back from their recent highs, but demand fell for the fourth straight week. Read full article
9h ago
CNBC
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Citadel's Ken Griffin says the A.I. community is making a mistake by creating so much hype
Ken Griffin, founder and CEO of Citadel, said Tuesday that the hype around artificial intelligence could be overblown at this stage. Read full article
9h ago
CNBC
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Elon Musk met with Mongolia's prime minister to discuss possible expansion
Mongolia's prime minister and Tesla CEO Elon Musk discussed possible expansion and investments into the country over a Monday virtual meeting. Read full article
9h ago
CNBC
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Meta vs. TikTok: How they're each using AI to attract advertisers and which one is winning
Meta Platforms (META) is trying to beat TikTok at its own game, ramping up AI to supercharge its services, including short-form Reels videos. Read full article
10h ago
CNBC
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Former CFTC chairman says crypto needs investor protections and a whole new industry trading framework
Timothy Massad, former chairman of the Commodity Futures Trading Commission, discussed the complexities of mandating crypto law with CNBC's Jim Cramer on Tuesday. Read full article
10h ago
CNBC
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More than 180 years of horse racing in Singapore is coming to an end
The Singapore Turf Club on Monday announced that it will hold its final race on October 2024, closing a 18-year-old chapter on horse racing. Read full article
13h ago
CNBC
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Senegal, one of Africa's bastions of stability, faces its gravest threat of unrest in decades
The sentencing of a populist opposition leader in Senegal has triggered widespread unrest that threatens the West African country's long-established political stability. Read full article
13h ago
CNBC
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'Public nuisance': New York sues Hyundai and Kia, alleging their cars are easy to steal
A viral TikTok challenge started in 2021 and spurred a rise in thefts of Hyundai and Kia cars. Read full article
13h ago
CNBC
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HSBC says rebranded Silicon Valley Bank UK will maintain startup focus while targeting global growth
Silicon Valley Bank UK will continue to serve startup businesses from "seed funding to IPO" after its takeover, the CEO of HSBC UK told CNBC. Read full article
15h ago
CNBC
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These economies benefited from Russia's isolation — but they now risk Western retaliation
Caucasus countries Georgia and Armenia, whose economies unexpectedly boomed in the wake of the war in Ukraine, are now facing a reckoning. Read full article
15h ago
CNBC
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China's exports plunge by 7.5% in May, far more than expected
China's exports fell in May for the first time since February, customs data showed Wednesday. Read full article
16h ago
CNBC
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China's stimulus could focus on its 'dire' property sector. Here's what economists expect
Economists expect China's stimulus package to focus on the property sector amid continued weak economic data. Read full article
18h ago
CNBC
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Australia's economy expands 2.3% in the first quarter, slowest growth in 1½ years
Early Wednesday morning, Reserve Bank of Australia Governor Philip Lowe delivered a speech at the Morgan Stanley Australia Summit, reiterating his position that the central bank will seek to navigate a "narrow path." Read full article
18h ago
CNBC
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‘These jobs can be respectable too’: Why youths in China are abandoning white-collar jobs for ‘light labor’
"Since we have accumulated a certain level of GDP and economic foundations … young people want to feel individualism," says one professor. Read full article
19h ago
CNBC
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Binance U.S. clients have $2.2 billion 'at significant risk' after crypto exchange charged, SEC says
The latest filing from the SEC described founder Changpeng Zhao as a "foreign national" with open "disdain" for U.S. authority and law. Read full article
19h ago
CNBC
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As the crypto lawsuits pile up, Cramer says get out while you can
CNBC's Jim Cramer discussed market manipulation on Tuesday and told investors to get their money out of cryptocurrency before it's too late. Read full article
20h ago
CNBC
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06.06.2023
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Kevin Costner mortgaged his 10-acre California property to fund $100 million passion project: 'I believe in the idea and the story'
Kevin Costner told Deadline he mortgaged his waterfront property in California to help fund his post-"Yellowstone" project. Read full article
20h ago
CNBC
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Priceline joins A.I. chatbot race, signing on with Google to help ease travel booking
Priceline and Google Cloud announced a partnership Tuesday to bring artificial intelligence chatbot technology to the travel booking process. Read full article
20h ago
CNBC
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Lawmakers worry Medicare Alzheimer's plan won't ensure access to new treatments
Lawmakers said Medicare has failed to answer basic questions about how its plan to cover Alzheimer's antibody treatments will work. Read full article
20h ago
CNBC
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A.I. doomers are a ‘cult’ — here’s the real threat, according to Marc Andreessen
On Tuesday, venture capitalist Marc Andreessen published a nearly 7,000-word post on his views about artificial intelligence and the risks it poses. Read full article
20h ago
CNBC
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West Coast port labor issues continue as some Los Angeles-bound rail shipments get paused
Union Pacific has paused any containers leaving the inland port of Denver to the Union Pacific rail ramps for three terminals at the Port of Los Angeles. Read full article
22h ago
CNBC
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Federal judge blocks Florida's ban on gender-affirming care for 3 trans youths
Judge Robert Hinkle in Florida granted a preliminary injunction that would allow three transgender children to receive GnRH agonists. Read full article
23h ago
CNBC
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Recalled Boppy baby pillow linked to 10 infant deaths still widely sold on Facebook marketplace, regulators say
At least 10 infant deaths have been linked to Boppy newborn loungers but the pillows are still being widely sold on Facebook marketplace, according to the CPSC. Read full article
1d ago
CNBC
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Former New Jersey Gov. Chris Christie, a top GOP Trump critic, files paperwork to launch 2024 presidential campaign
Christie's bid could inject a dose of anti-Trump criticism into a Republican primary field that has largely been reluctant to cross its leading candidate. Read full article
1d ago
CNBC
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Canadian wildfire smoke creates hazy skies and unhealthy air quality in New York City
The sky over New York City had an orange glow on Tuesday morning and the sun was largely obscured by a smoky haze. Read full article
1d ago
CNBC
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3 big changes student loan borrowers could see when payments restart
With the Biden administration working to overhaul the federal student loan system, borrowers may see a number of changes when they begin repayment. Read full article
1d ago
CNBC
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GitLab shares rocket 33% as software vendor boosts forecast, announces generative A.I. plans
GitLab beat on the top and bottom lines and increased its full-year guidance after raising the price of its premium subscription. Read full article
1d ago
CNBC
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Apple's next challenge: It needs apps for its Vision Pro headset, but it's not on sale yet
Apple somehow needs to convince developers to make apps for it even though the hardware isn't widely available yet. Read full article
1d ago
CNBC
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Boeing warns new defect on 787 Dreamliners will slow deliveries
Boeing said the issue isn't related to flight safety and that 787 Dreamliner planes in service can continue operating. Read full article
1d ago
CNBC
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I tried the Apple Vision Pro mixed reality headset — here's what it's like
Apple's Vision Pro is a massive improvement over other virtual or mixed reality headsets, with sharp displays and an impressive surround sound audio system. Read full article
1d ago
CNBC
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Rep. George Santos mystery bail backers' identities must be revealed, judge rules
Republican Rep. George Santos of New York was charged last month with an array of financial crimes. Read full article
1d ago
CNBC
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This Black-owned startup is fixing and learning from broken EV charging stations
Kameale Terry founded ChargerHelp! barely three years ago and says the company is now servicing EV charging stations across 17 states. Read full article
1d ago
CNBC
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Stocks making the biggest moves midday: Coinbase, GitLab, HealthEquity and more
Check out the stocks making headlines on Wall Street on Tuesday, June 6. Read full article
1d ago
CNBC
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6 in 10 Americans aren't saving for retirement—here's where to get started
If you want to save for retirement, it can be hard to know where to start. Follow our guide to learn which types of accounts to prioritize. Read full article
1d ago
CNBC
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Cramer says investors should buy this bank stock 'aggressively'
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. Read full article
1d ago
Buy
CNBC
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Portugal just launched a 'government-funded' 4-day workweek trial
The experiment is being led by 4 Day Week Global, which is behind several studies about the benefits of shortened workweeks around the world. Read full article
1d ago
CNBC
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Bitcoin rises slightly after SEC sues Coinbase alleging it acted as an unregistered broker
Cryptocurrency prices were little changed after the Securities and Exchange Commission sued crypto services provider Coinbase. Read full article
1d ago
CNBC
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Investors pull $790 million from crypto exchange Binance after SEC charges
Investors pulled hundreds of millions after the U.S. regulator charged Binance and Changpeng "CZ" Zhao with 13 securities violations. Read full article
1d ago
CNBC
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Tim Cook says A.I. companies will also need to regulate themselves
In an interview with ABC's "Good Morning America," Tim Cook said he believes tech companies will need to regulate their own AI systems. Read full article
1d ago
CNBC
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World Bank sees major economies growing at much slower pace thanks to higher rates and banking stress
Growth forecasts for advanced economies project just 0.7% increase this year, down from 2.6% estimated growth in 2022. Read full article
1d ago
CNBC
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SEC Chair Gensler doubts the need for more digital currency
The remarks come as the commission has taken aggressive action against some of the leading exchanges where bitcoin and its peers are traded. Read full article
1d ago
CNBC
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PGA Tour agrees to merge with Saudi-backed rival LIV Golf
The PGA Tour is merging with Saudi-backed rival LIV Golf, following months of tensions and mounting lawsuits between the competitors. Read full article
1d ago
CNBC
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These lesser-known tax tips may help college-bound families
College is a major expense for many families, but a payment strategy can provide significant tax savings, according to a college funding expert. Read full article
1d ago
CNBC
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Apple Vision Pro demo roundup: Here’s what everyone is saying
Apple let some people try out its new mixed-reality headset, the Vision Pro. Here's what they're saying. Read full article
1d ago
CNBC
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Jim Cramer's top 10 things to watch in the stock market Tuesday
It's the federal government versus the crypto industry. Read full article
1d ago
CNBC
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Nearly 750,000 adults may lose SNAP federal food assistance after debt ceiling deal, research shows
A bipartisan deal to raise the federal debt ceiling included changes to SNAP food assistance benefits. Here's who may be hit the hardest. Read full article
1d ago
CNBC
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A.I. poses new threats to newsrooms, and they're taking action
News executives are bracing for a torrent of disinformation from generative artificial intelligence and are starting to consider protective solutions. Read full article
1d ago
CNBC
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Merck sues Biden administration over Medicare drug price negotiations
In a scathing complaint filed in federal district court, Merck excoriated the Medicare price negotiation process as a "sham" and "tantamount to extortion." Read full article
1d ago
CNBC
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Chip giant Arm snubbed London for a NY listing. But the London Stock Exchange hasn't given up hope
London Stock ExchangeCEO Julia Hoggett said there had been "strong appetite from investors in the U.K. for Arm." Read full article
1d ago
CNBC
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Swimply, the rental company of home pools, adds pickleball courts to its offerings
Swimply is expanding beyond offering rentals of private pools to include pickleball courts as demand for space grows along with the sport. Read full article
1d ago
CNBC
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Sequoia Capital to split into three parts, separating its China and India businesses
The global venture capital firm said it had become increasingly complex to run a global business, and that the split would be completed by March 2024. Read full article
1d ago
CNBC
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Use this 401(k) investing strategy to calm your market jitters
Dollar-cost averaging entails putting chunks of money in the market at regular intervals instead of investing a lump sum. Here's how it can benefit investors. Read full article
1d ago
CNBC
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0
Popeyes expands its popular chicken sandwich lineup with a new blackened option
Popeyes is leaning on the popularity of its chicken sandwich to draw in customers. Read full article
1d ago
CNBC
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Destroyed Ukrainian dam unleashes floodwaters, putting thousands at risk: Here’s what we know so far
The damage to the dam has raised fears about safety, water supply, and Europe's largest nuclear power plant. Read full article
1d ago
CNBC
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Apple's entry into VR with its new headset is a 'watershed moment,' say top industry execs
Cher Wang, Taiwanese tech giant HTC's CEO, told CNBC that she sees Apple's move as a validation for the industry, calling it a "watershed moment." Read full article
2d ago
CNBC
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European startup funding to drop a further 39% this year as tech rout continues
Funding for Europe's venture-backed startups is forecast to decline from $83 billion in 2022 to $51 billion in 2023, Atomico said. Read full article
2d ago
CNBC
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Brace for disruption — but A.I. won't eliminate jobs completely, says Singapore's deputy prime minister
Singapore's deputy prime minister Lawrence Wong does not believe technology will eliminate jobs completely. Read full article
2d ago
CNBC
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Australia's central bank hikes rates by 25 basis points, defies expectations
Economists polled by Reuters were widely expecting the central bank to hold its rates steady. Read full article
2d ago
CNBC
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El Nino is approaching and your next cup of coffee could be at risk
Extreme weather conditions due to El Nino are fueling concerns that robusta coffee beans in major producers like Vietnam and Indonesia could be hit. Read full article
2d ago
CNBC
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0
Don't underestimate China's ability to build its own advanced chips despite U.S. curbs, tech analysts say
Analysts are optimistic that Chinese chip makers will find workarounds despite Washington's attempts to cut China off from advanced chip tech. Read full article
2d ago
CNBC
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0
Japan's yen is weakening again, prompting talk of another intervention worth billions of dollars
The Bank of Japan's next monetary policy meeting is scheduled to be held on June 15 and 16. Read full article
2d ago
CNBC
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0
West Coast port labor issues persist from Los Angeles to Seattle, with supply chain frustration mounting
Union labor issues at West Coast ports continued Monday, with fears of wider disruption to logistics and trucking companies during peak shipping season. Read full article
2d ago
CNBC
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Apple's Vision Pro headset will launch with Disney+ streaming
Disney is partnering with Apple to bring its streaming service Disney+ to the tech giant's new Vision Pro AR headset. Read full article
2d ago
CNBC
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The market may be primed for the Dow to lead with the debt ceiling resolved, Jim Cramer says
CNBC's Jim Cramer explained that last week's debt ceiling resolution may have paved the way for a Dow resurgence. Read full article
2d ago
CNBC
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Meta's heated rivalry with Apple enters new phase as the tech giants go after headsets
Less than two years after Facebook changed its name to Meta in a pivot to the metaverse, Apple is now jumping into mixed-reality headsets. Read full article
2d ago
CNBC
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05.06.2023
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Apple's practical approach to A.I.: No bragging, just features
On Monday at WWDC, Apple subtly touted just how much work it's doing in state-of-the-art artificial intelligence and machine learning. Read full article
2d ago
CNBC
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Apple's new mixed-reality headset only bolsters our confidence in the tech giant
Apple (AAPL) on Monday unveiled its long-awaited mixed-reality headset, known as Apple Vision Pro, expanding into a new realm of computing. Read full article
2d ago
CNBC
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Here are the most important new changes coming to your iPhone this fall
On Monday, Apple debuted iOS 17 and the slew of updates it will bring to iPhones everywhere this fall. Read full article
2d ago
CNBC
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Unity stock jumps 17% on Apple Vision Pro partnership
Shares of Unity surged Monday after Apple said it's partnering with the gaming software company in releasing its new headset. Read full article
2d ago
CNBC
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Apple just announced its first major product since 2014: The Vision Pro for $3,499
Apple announced its mixed-reality headset on Monday during its developer conference. The Vision Pro is its first major new product since 2014. Read full article
2d ago
CNBC
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Intel drops as Apple moves to its own silicon on all computers
Apple's $7,000 Mac Pro computer will boast the new M2 Ultra processor, which promises performance gains over a similar system with an Intel chip. Read full article
2d ago
CNBC
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How we feel about banks being required to bolster rainy-day funds after SVB failure
We're more apt to view the latest rumblings about a possible boost to bank capital requirements through a buyer's lens. Read full article
2d ago
CNBC
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Directors Guild's deal with Hollywood doesn't necessarily foreshadow end to writers strike
Hollywood producers struck a tentative deal with film and TV directors, but writers and actors aren't satisfied with the state of things. Read full article
2d ago
CNBC
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0
Bitcoin drops below $26,000 after SEC sues crypto exchange Binance
Cryptocurrency prices dropped on Monday after the SEC charged Binance, the largest crypto exchange in the world, with violating securities laws. Read full article
2d ago
CNBC
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