Month: October 2025
Delta’s profit forecast tops estimates, buoyed by higher fares and resilient luxury demand
Delta Air Lines Flight Museum in Atlanta, Ga. Leslie Josephs/CNBC Delta Air Lines forecast a better-than-expected end to 2025 thanks to rising airfares and resilient luxury travel demand. The airline on Thursday projected adjusted earnings of between $1.60 and $1.90 a share for the fourth quarter, compared with the $1.65 per share analysts polled by […]
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Top House Democrat seeks Jeffrey Epstein financial records from Dimon, other bank CEOs
Jeffrey Epstein in 2004. Rick Friedman | Corbis News | Getty Images A top House Democrat asked four major bank CEOs to share a slew of financial records related to Jeffrey Epstein, pushing forward an investigation into the notorious sex predator, after the lawmaker’s effort to subpoena the banks for the documents was blocked by […]
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China’s Golden Week travel boom masks a bruising price war
Tourists visit the Confucius Temple market area in Nanjing, Jiangsu province, China, on Oct. 1, 2025. Cfoto | Future Publishing | Getty Images BEIJING — The latest sign of hyper-competition, or “involution,” has emerged in China’s tourism industry, adding to concerns about growing deflationary pressure in the broader economy. Over the Oct. 1 to 8 […]
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Orsted to cut 2,000 jobs as Trump’s offshore wind battle continues
Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark. Thomas Traasdahl | Afp | Getty Images Beleaguered wind farm operator Orsted announced Thursday that it intends to reduce its workforce by a quarter toward […]
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OpenAI expands budget-friendly ChatGPT Go to 16 more countries in Asia
OpenAI’s ChatGPT Go has expanded to a total of 18 countries across Asia, according to an announcement made yesterday. Nurphoto | Nurphoto | Getty Images OpenAI has expanded its lower-cost subscription plan, ChatGPT Go, to 16 more countries across Asia, company head Nick Turley announced Thursday. “Making ChatGPT more affordable has been a key ask […]
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CNBC’s Inside India newsletter: From X to TikTok clones, and now a ‘WhatsApp killer’: India’s search for indigenous apps
Tourists are seen at the promenade of the iconic Gateway of India next to digital displays of messaging app WhatsApp, in Mumbai on August 25, 2023. (Photo by INDRANIL MUKHERJEE / AFP) (Photo by INDRANIL MUKHERJEE/AFP via Getty Images) Indranil Mukherjee | Afp | Getty Images This report is from this week’s edition of CNBC’s […]
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48 hours to pick a new PM: Who could Macron choose — and will France’s economy take a hit?
French President Emmanuel Macron attends a press conference after a European Union leaders’ special summit to discuss Ukraine and European defense, in Brussels, Belgium March 6, 2025. Christian Hartmann | Reuters Market attention turns to France again Thursday after President Emmanuel Macron’s office said last night that he will name a new prime minister in […]
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‘Buckle up’: IMF and Bank of England join growing chorus warning of an AI bubble
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), during a curtain raiser speech ahead of the International Monetary Fund (IMF) and World Bank Fall meetings at The Milken Institute in Washington, DC, US, on Wednesday, Oct. 8, 2025. Bloomberg | Bloomberg | Getty Images The International Monetary Fund and Bank of England are […]
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Russia is waging ‘hybrid warfare’ against Europe, officials say. What does that mean?
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin attends a flag-raising ceremony for the latest Project 955A (Borey-A) strategic nuclear-powered submarine Knyaz Pozharsky in Severodvinsk on July 24, 2025. Alexander Kazakov | Afp | Getty Images Europe has to confront the reality of the “hybrid warfare” being waged […]
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CNBC Daily Open: It’s AI’s world and the Fed’s just living in it
Traders work, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Investors barely flinched Wednesday, despite the release of the Fed minutes and […]
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