Day: September 19, 2025
Kevin Durant has access restored to his Coinbase bitcoin account after years
Key Points “We got this fixed. Account recovery complete,” Coinbase CEO Brian Armstrong said Friday in a social media post. The message comes just a few days after Durant and his agent Rich Kleiman joked about the predicament at CNBC’s Game Plan conference in Los Angeles. Source
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Top Amazon reseller Pattern opens at $13.50 in Nasdaq debut after IPO raised $300 million
Pattern Group, one of the leading resellers on Amazon, took the plunge into the public markets on Friday, and saw its stock slip in its Nasdaq debut. Trading under the ticker “PTRN,” the stock opened at $13.50 after the company sold shares at $14 in its IPO, the middle of the expected range. Pattern’s offering […]
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Trump’s $15 billion suit against NY Times struck as ‘improper,’ judge allows refiling
U.S. President Donald Trump prepares to announce an agreement with British Prime Minister Keir Starmer (not pictured) between the two countries, at Chequers at the conclusion of a state visit on Sept. 18, 2025 in Aylesbury, Britain. Leon Neal | Via Reuters A federal judge in Tampa, Florida, on Friday struck President Donald Trump’s $15 […]
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Miran says he doesn’t see tariffs causing inflation, putting him in minority on Fed committee
Key Points Federal Reserve Governor Stephen Miran told CNBC Friday that he doesn’t anticipate President Donald Trump’s tariffs will cause inflation. The governor also said that he believes Trump’s border policies will give rise to disinflation. Earlier this week, Miran dissented against the central bank cutting its key interest rate by a quarter percentage point. […]
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Fed Governor Miran says he did not tell Trump how he would vote on rates this week
Key Points Fed Governor Stephen Miran told CNBC on Friday that he spoke only briefly to President Trump before this week’s interest rate decision and was not pressured on how to vote. Questions have arisen about potential conflicts for Miran taking a leave as head of the Council of Economic Advisers, rather than resigning. However, […]
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5 takeaways from CNBC’s investigation into Walmart Marketplace
Walmart‘s online marketplace has become a key part of its strategy to grow profit faster than sales and better compete against its longtime rival, Amazon. As the largest U.S. retailer with more than 4,600 locations nationwide, growing sales online is also critical for its future. But a CNBC investigation found Walmart’s digital boom came as […]
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European shares mixed as investors turn attention to Trump-Xi call
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images European equities edged higher in early trade on Friday, as trade and the economy remained in focus. The pan-European Stoxx 600 was flat by 2:44 p.m. in London (9:44 a.m. ET), with sectors in mixed territory. U.S. President Donald Trump, who […]
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Apple CEO Tim Cook says iPhone price hikes are not tied to tariffs
Apple CEO Tim Cook said price hikes on the newest iPhone models aren’t tied to President Donald Trump’s sweeping tariff plans. “There’s no increase for tariffs in the prices to be totally clear,” Cook told CNBC’s Jim Cramer from Apple’s Fifth Avenue store location in New York City, as the latest iPhone model launched in […]
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RFK Jr.’s vaccine panel postpones vote on whether to delay babies’ first hepatitis B shot
Health and Human Services Secretary Robert F. Kennedy Jr.’s hand-picked vaccine panel on Friday postponed a vote on whether to delay the first dose of the hepatitis B shot from birth to at least one month for most babies born in the U.S. The decision means that the committee’s current recommendation – that all infants […]
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Blackstone $135-billion bet on the U.K. is raising eyebrows
A package of investments from U.S. firms into the U.K. was unveiled during White House leader Donald Trump’s state visit to Britain, with Blackstone’s mysterious commitment now raising eyebrows. As the likes of Microsoft , OpenAI and Nvidia pledged to pump a collective $202 billion into the U.K. ., Blackstone promised the biggest individual investment. […]
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