Day: December 16, 2025
Stock futures are little changed as traders absorb shaky U.S. economic data: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on December 16, 2025. Charly Triballeau | Afp | Getty Images Stock futures traded near the flatline after the S&P 500 fell Tuesday, as investors weighed newly released U.S. economic data. S&P 500 futures slipped 0.08%. […]
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Hyperscaler AI spending could slow down if Oracle shows ‘discipline’
CNBC’s Jim Cramer on Tuesday proposed that action from Oracle could slow down other hyperscalers’ enormous artificial intelligence spending, saying the OpenAI partner should show “discipline.” “Oracle already has a huge amount of debt. Their balance sheet’s not that good. At some point, they’ll heed the warning of the bond market and slow things down,” […]
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Nick Reiner to be charged with murder of dad Rob Reiner, mom Michele: LA DA
Nick Reiner will be charged with two counts of first-degree murder with special circumstances in connection with the brutal killings of his parents, famed Hollywood director Rob Reiner, and Michele Singer Reiner, the Los Angeles County district attorney said Tuesday. Nick Reiner, 32, faces a maximum possible sentence of life in prison without parole if […]
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16 states sue Trump administration again over billions in withheld electric vehicle charging funds
U.S. President Donald Trump participates in a ceremony for the presentation of the Mexican Border Defense Medal in the Oval Office of the White House on Dec. 15, 2025 in Washington, DC. Anna Moneymaker | Getty Images Sixteen states and the District of Columbia are suing the Trump administration for what they say is the unlawful withholding of over $2 […]
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Kushner’s Affinity Partners exits Paramount bid for Warner Bros. Discovery
Jared Kushner, Founder & CEO, Affinity Partners, speaks during the second day of the FII PRIORITY Summit held at the Faena Hotel on Feb. 20, 2025 in Miami Beach, Florida. Joe Raedle | Getty Images Jared Kushner’s firm Affinity Partners has dropped out of Paramount Skydance‘s hostile takeover bid for Warner Bros. Discovery. “With two strong competitors vying […]
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Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales
What started off as a particularly rough year for Tesla investors is turning into quite the celebration. Following a 36% plunge in the first quarter, the stock’s worst period since 2022, Tesla shares have rallied all the way back, reaching an all-time closing high of $489.88, jumping 3.1% on Tuesday. They’re now up 21% for […]
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What Harvard researchers learned about use of AI in white-collar work at top companies
The Baker Library of the Harvard Business School on the Harvard University campus in Boston, Massachusetts, US, on Tuesday, May 27, 2025. Recent research conducted by the Digital Data Design Institute at Harvard Business School is investigating where AI is most effective in increasing productivity and performance — and where humans still have the upper […]
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Trump to tout accomplishments in address to nation on Wednesday, White House says
Press secretary Karoline Leavitt said President Trump would highlight his work to ‘bring our country back to greatness.’ Source
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Healthy Returns: 2026 will be the year of obesity pills from Novo Nordisk, Eli Lilly
Daniel Grill | Tetra Images | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. GLP-1 pills for obesity are closer than ever. 2026 is likely the year that two new oral weight loss […]
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AI future: Big Tech faces key House vote on reforming permit process
Big Tech heavy hitters such as OpenAI, Meta, and Microsoft are pushing for Congress to advance legislation to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping the U.S. beat out China […]
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