Year: 2025

Dow gains 150 points as investors hope for Fed rate cut and more easing ahead: Live updates
World

Dow gains 150 points as investors hope for Fed rate cut and more easing ahead: Live updates

A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate cut announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Oct. 29, 2025. Brendan McDermid | Reuters The Dow Jones Industrial Average rose on Wednesday as investors […]

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Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November
Politics

Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November

U.S. Trade Representative Jamieson Greer testifies before the Commerce, Justice, Science, and Related Agencies Subcommittee in the Dirksen Senate Office Building on Capitol Hill on Dec. 9, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Swiss government said on Wednesday that a previously announced agreement to reduce U.S. tariffs on that country’s imports […]

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Stocks making the biggest moves midday: Photronics, AeroVironment, Maplebear, GE Vernova & more
Finance

Stocks making the biggest moves midday: Photronics, AeroVironment, Maplebear, GE Vernova & more

Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a blog post that its same-day […]

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Southwest CEO says airline ‘actively pursuing’ network of airport lounges
Business

Southwest CEO says airline ‘actively pursuing’ network of airport lounges

A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers. “I think […]

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Homeland Security Dept. buying Boeing 737s for ICE deportations
Politics

Homeland Security Dept. buying Boeing 737s for ICE deportations

Department of Homeland Security Secretary Kristi Noem speaks during a press conference at a federal office building on October 20, 2025 in Bradenton, Florida. Octavio Jones | Getty Images Read more CNBC politics coverage “We are delighted to see the media is highlighting the Trump administration’s cost-effective and innovative ways of delivering on the American people’s mandate […]

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Oracle set to report quarterly results after the bell
Technology

Oracle set to report quarterly results after the bell

Larry Ellison, Oracle’s co-founder and chief technology officer, appears at the Formula One British Grand Prix in Towcester, U.K., on July 6, 2025. Jay Hirano | Sopa Images | Lightrocket | Getty Images Oracle is scheduled to report fiscal second-quarter results after market close on Wednesday. Here’s what analysts are expecting, according to LSEG: Earnings […]

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Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips
World

Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips

Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday refuted a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned […]

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Rivian turns to AI, autonomy to woo investors as EV sales stall
Business

Rivian turns to AI, autonomy to woo investors as EV sales stall

Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters DETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than its past. The all-electric vehicle […]

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‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up
Technology

‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up

The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched […]

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Online grocer Thrive Market bails on booze, bets big on alcohol-free boom
Business

Online grocer Thrive Market bails on booze, bets big on alcohol-free boom

Thrive Market headquarters at Fast Company Creativity Counter-Conference in Los Angeles, California. Araya Doheny | Getty Images Thrive Market is officially going dry. The online health and grocery marketplace will become the first major online grocer to remove all alcohol products when it takes them off its subscription service. The company plans to replace the […]

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