Month: September 2025
Young adults embrace ‘financial nihilism’ with risky crypto, stock bets as American dream feels unattainable
Technology concept with always connected students – Vivid filter Davide Zanin | Istock | Getty Images When Jacob Kaplan thinks about his path to financial security, he sees a need to take big risks. For years, Kaplan has been betting on major sporting events through online platforms, often dedicating 30 hours a week to the […]
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Watch Fed Chair Jerome Powell speak live on interest rates and the economy
[The stream is slated to start at 12:35 p.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Chair Jerome Powell speaks Tuesday to the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon. This is Powell’s first speech […]
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Trump gripes he didn’t get UN renovations contract in speech to General Assembly
US President Donald Trump delivers remarks to the United Nations General Assembly at the UN headquarters in New York City on September 23, 2025. Timothy A. Clary | Afp | Getty Images President Donald Trump mocked the United Nations’ headquarters in a speech to the General Assembly, recalling his failed bid to renovate the building […]
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Nexstar-owned ABC affiliates won’t show Kimmel’s return Tuesday, joining Sinclair in preempting program
Jimmy Kimmel at Jeff Ross’ “Take A Banana For The Ride” Broadway Opening Night held at Nederlander Theatre on August 18, 2025 in New York, New York. John Nacion | Variety | Getty Images Nexstar Media Group, one of the largest owners of broadcast TV stations, said it would not air the return of “Jimmy […]
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Amazon to close all of its Fresh grocery stores in UK
People walk past an Amazon Fresh store in Washington, DC, on August 26, 2021. Nicholas Kamm | AFP | Getty Images Amazon plans to close all of its Fresh supermarkets in the U.K., in the latest recalibration of its grocery strategy. The company said in a Tuesday blog that it’s preparing to close all 19 […]
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Trump says no meeting with top Democrats on shutdown ‘could possibly be productive’
U.S. President Donald Trump walks with Marine One in the background, as he departs for New York City to attend the 80th United Nations General Assembly, at Joint Base Andrews, Maryland, U.S., September 22, 2025. Al Drago | Reuters President Donald Trump on Tuesday appeared to cancel a planned meeting this week with the two […]
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Single-family rent growth is starting to show new weakness
A “For Rent” sign in front of a building in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the […]
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Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute […]
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Morgan Stanley close to offering crypto trading though E-Trade, calls it ‘tip of the iceberg’
In this photo illustration, the logo for E-Trade, the online trading platform owned by Morgan Stanley, is shown on the company’s website on May 13, 2024 in Chicago, Illinois. Scott Olson | Getty Images Morgan Stanley is months away from offering crypto trading to retail customers through its E-Trade division as the Wall Street giant […]
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Chicago Fed President Goolsbee says officials have to be careful not to get too aggressive with rate cuts
Key Points Chicago Fed President Austan Goolsbee expressed caution about lowering interest rates as the U.S. economy grapples with the forces of slower growth and a weaker labor market. “With inflation having been over the target for four and a half years in a row and rising, I think we need to be a little […]
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