The wealthiest investors are pulling money out of the U.S. in the 'de-dollarization' trade
Fears of an AI bubble, tariffs, a falling dollar, volatile economic policies and rising debt have caused many family offices to dial back their U.S. exposure
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CFTC sues Rhode Island over actions against prediction markets
It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.
New '60 Minutes' head Nick Bilton says Paramount's CBS News hired him to pivot the show before ratings decline
Nick Bilton is a former New York Times columnist and has made several documentaries for Netflix, where he worked with CBS News editor-in-chief Bari Weiss.
Anthropic tops OpenAI as most valuable AI startup, nears $1 trillion valuation in latest round
Anthropic is now the most valuable AI company in Silicon Valley after a new $65 billion funding round.
Red-hot Arm Holdings soars to another all-time high. What's fueling the move this time?
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CNBC Sport: How James Dolan's hot streak could alter his business empire
Decades of losing turned Knicks fans against owner James Dolan, but the team's recent success and Dolan's off-the-court ventures have cast him in a new light.
Time to buy this once high-flying apparel stock? Jay Woods looks at the charts ahead of earnings
Jay Woods of Freedom Capital Markets takes a close look at Lululemon's charts ahead of its earnings report.
AI play Nebius is surging after mysterious new hedge fund manager reveals stake. Here are his other holdings
The fund invests in publicly traded companies expected to benefit from AI adoption — including semiconductor, infrastructure and power firms.
Working overtime won't give you job security in the age of AI, say career experts: Stability is 'no longer a guarantee'
With AI disrupting workplaces worldwide, you may feel pressured to work overtime to stay competitive. Those extra hours may not be worth it, experts say.
Iran reportedly launches missiles as Trump mulls deal to pause war for two months
The latest military and economic actions come as President Trump insists he feels no pressure to make a deal with Iran before November's midterm elections.
Some AI mental health apps are harmful for kids, says report—what experts say parents should keep in mind
The organization found that school-based mental health apps were safer than direct-to-consumer apps.
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
Ferrari CEO Defends $640,000 Price Tag for Its First Fully Electric Car
Ferrari CEO Benedetto Vigna on Thursday said the cost of the manufacturer's new Luce model was a fair price to pay for innovation.
Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build
Mistral's semiconductor ambitions underscore the French startup's bid to control more of its infrastructure as it competes with OpenAI and Anthropic.
Why the business of orbit is entering a new phase
Space is becoming a bigger part of everyday business, from communications and Earth observation to defense and predictive analytics. Voyager Technologies CEO Dylan Taylor and Muon Space President Gregory Smirin explain how cheaper launches, more satellite constellations and advances in AI are pushing the space economy into a new phase. Watch more from the CNBC CONVERGE LIVE conversation in Singapore to hear how the business of orbit is moving from exploration to infrastructure.
Silver could fall further after latest slump, analysts say as they warn of demand destruction
Silver's rally of over 140% last year is deterring buyers in various industries and its elevated price levels are beginning to weigh on demand, UBS said.
Nvidia to invest $4 billion into photonics companies Coherent and Lumentum
Coherent and Lumentum will both receive $2 billion each from the chip giant as part of the strategic investment.
We bought a $90K fire station and turned it into our dream home
In 2016, Steven and Ashley Evans took a chance on an abandoned fire station in Cedar Rapids, Iowa, buying it for $90,000 after it had sat vacant and decaying for years. The building had no working utilities and needed a full renovation. Nearly a decade later, after doing much of the work themselves, they’ve transformed the former fire station into their dream home. Take a look inside.
