Month: April 2026
Australia reports lower-than-expected first-quarter inflation — but price rise highest in 2 years
SYDNEY, AUSTRALIA – DECEMBER 06: Pedestrians and shoppers move along George Street on December 06, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Australia’s inflation rate soared to 4.09% in the first quarter, marking its highest level in more than two years. The first-quarter inflation figure was lower than the […]
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CNBC Daily Open: Oil takes another hit, but chips steal the spotlight
Passenger planes sit on the tarmac at Dubai International Airport in Dubai on March 11, 2026. Drones fell near Dubai airport, injuring four people, while ships were hit in or near the Strait of Hormuz on March 11 as Iran kept up its campaign disrupting oil markets and air and maritime traffic. AFP | Getty […]
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Asia markets set to open mixed after OPEC shock, tech jitters drag Wall Street stocks
An electronic stock board inside the Kabuto One building in Tokyo, Japan, on Tuesday, Jan. 28, 2025. Toru Hanai | Bloomberg | Getty Images Asia-Pacific markets were set to open mixed Wednesday, after Wall Street declined overnight as investors assess the latest developments concerning OPEC, as well as a report that pointed to weakness in […]
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Can AI outperform doctors? Experts weigh the pros and cons
Cravetiger | Moment | Getty Images You may already be familiar with AI taking notes in your doctor’s office, or being used to help book appointments or analyze medical images. But some experts believe consumers should be using AI even more to help understand their health. “People should be using AI much more than they […]
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DHS shutdown: Congressional dysfunction imperils pay for TSA, Secret Service
House Rules Committee Chair Rep. Virginia Foxx (R-NC) delivers remarks alongside Ranking Member Rep. Jim McGovern (D-MA) during a Rules Committee Hearing on legislation to end the partial government shutdown, at the U.S. Capitol on Feb. 2, 2026 in Washington, DC. Chip Somodevilla | Getty Images The Department of Homeland Security has been shut down […]
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Jim Cramer is unfazed by Tuesday’s sell-off: ‘You should expect them, even hope for them’
CNBC’s Jim Cramer said he’s unfazed by Tuesday’s sell-off in AI stocks because it’s exactly what the market needs. “Rain is to gardening as sell-offs are to the stock market,” the “Mad Money” host said. “You should expect them, maybe even hope for them. We just don’t realize it at the time.” Stocks retreated on […]
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Pentagon AI chief confirms DOD’s expanded use of Google, says reliance on one model ‘never a good thing’
Vcg | Visual China Group | Getty Images Pentagon AI chief Cameron Stanley confirmed to CNBC that the Department of Defense is expanding its use of Google’s Gemini artificial intelligence model, about two months after the DOD dropped Anthropic, designating it as a supply chain risk. The DOD is using Google’s latest model for classified […]
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Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices
Starbucks on Tuesday raised its full-year outlook for comparable earnings and same-store sales growth after reporting its second straight quarter of traffic growth. “This quarter marked a milestone for Starbucks – and the turn in our turnaround,” CEO Brian Niccol said in a video posted alongside the company’s fiscal second-quarter results. For fiscal 2026, Starbucks […]
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Stocks making the biggest moves after hours: Robinhood, Booking Holdings, Starbucks, Visa & more
Check out the companies making headlines after the bell : Booking Holdings — Shares fell nearly 4% after the travel technology platform lowered its full-year adjusted earnings per share growth to the “low to mid-teens,” down from prior estimates in the “mid-teens,” citing lagging impacts from the Middle East conflict through the end of June. […]
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First Vegas-style casino opens in New York City
New York City’s first full-scale casino with live table games opened to gamblers Tuesday, more than a decade after voters approved an expansion of gambling in the state. Resorts World, owned by Malaysia-based company Genting, beat out gaming giants such as Wynn Resorts, Las Vegas Sands, Caesars Entertainment and MGM Resorts to land one of […]
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