Year: 2025
Sheryl Sandberg says corporate climate ‘one of the worst’ she has ever seen
Former Meta COO Sheryl Sandberg warned that public displays of misogyny and “tech bro” rhetoric are damaging corporate culture at the world’s biggest companies. “Rhetoric matters, who says what matters,” Sandberg told CNBC Senior Media & Tech Correspondent Julia Boorstin in the latest episode of the “CNBC Changemakers and Power Players” podcast. Sandberg’s comments come […]
Read More
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 […]
Read More
Top Trump aide Susie Wiles says he has ‘alcoholic’s personality,’ sought ‘retribution’ against NY AG Letitia James
President Donald Trump has an “alcoholic’s personality” and has engaged in legal “retribution” against his enemies since his return to office, White House chief of staff Susie Wiles said in a remarkably candid series of interviews with Vanity Fair published Tuesday. Wiles said in March that she and Trump had a “loose agreement that the […]
Read More
Jim Cramer says Amazon is a buy on 2025 underperformance for this key reason
Jim Cramer says investors better act fast while Amazon stock is still on the sale rack. BMO Capital Markets’ decision to raise its estimates on Amazon’s cloud unit is a “clarion call to buy” the stalled stock, Jim Cramer said during Tuesday’s Morning Meeting for Club members. Amazon has been the worst-performing “Magnificent Seven” stock […]
Read More
Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that’s a bad idea
The Nasdaq MarketSite in New York, US, on Thursday, Nov. 20, 2025. Michael Nagle | Bloomberg | Getty Images Nasdaq is moving closer to around-the-clock stock trading, a shift that some on Wall Street are calling unnecessary — and potentially destabilizing. The exchange said it plans to submit paperwork to the Securities and Exchange Commission […]
Read More
Key ACA tax credits likely to expire after House speaker blocks vote
Key tax credits that reduce the cost of Affordable Care Act health insurance coverage for millions of Americans looked likely to expire by the end of the year after House Speaker Mike Johnson said Tuesday that there would be no vote on extending those subsidies this week. The House is not in session next week, […]
Read More
Investors are all in on stocks: Bank of America survey shows record low cash level
While the market may be stalling into year-end, investors are keeping the faith, Bank of America data shows. The share of portfolios in cash fell to a record low 3.3% in December, according to the bank’s Global Fund Manager survey. That’s down from 3.7%. Michael Hartnett, chief investment strategist at Bank of America, dubbed the […]
Read More
Vibe coding startup Lovable’s latest funding round values it at $6.6 billion, sources say
Lovable cofounders Anton Osika and Fabian Hedin. Credit: Lovable Vibe coding startup Lovable’s latest funding round values the firm at $6.6 billion and includes U.S. VC firm Accel, sources with knowledge of the deal told CNBC. That figure is more than triple the $1.8 billion valuation the Swedish AI company achieved after closing its most […]
Read More
What Trump’s reclassification of pot and CBD could mean for seniors, research and stocks
Tarek Adieh, of Tampa, Florida, looks at cannabis flower from wholesaler Dep Kings at CHAMPS Trade Show at the Palmer Events Center Thursday, Sept. 11, 2025. Jay Jannar | Hearst Newspapers | Getty Images President Donald Trump is expected to sign an executive order this week that would broadly expand access to cannabis. Industry advocates, […]
Read More
Birkin bag prices are sinking at auction despite high-profile sales
Close-up detail view of a gray Hermes Birkin bag in grained leather, during a street style fashion photo session, on October 28, 2025 in Paris, France. Edward Berthelot | Getty Images Entertainment | Getty Images Despite two recent blockbuster auctions for Birkin bags, overall auction prices for the iconic Hermès handbags are falling, according to […]
Read More