World
CNBC Daily Open: Despite cooler-than-expected CPI, economists agree higher prices are coming
David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ. U.S. President Donald […]
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Stock futures are little changed as investors await more inflation data: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on August 12, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock futures were relatively unchanged on Wednesday after the S&P 500 and Nasdaq Composite rallied to new records and as investors gear up for more data […]
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Asia-Pacific markets set to open mixed as investors bet on Fed rate cut
CNBC Pro: Buy or avoid India’s IT stocks after recent job cuts? 3 pros share their take Here are the opening calls for the day Good morning from Singapore. Investors are awaiting the release of a slew of employment-related data from Australia. Economists polled by Reuters expect an increase of 25,000 employed individuals in July, […]
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Trump orders easing of commercial spaceflight regulations, in boon to Musk’s SpaceX
U.S. President Donald Trump speaks during an event at the Kennedy Center on August 13, 2025 in Washington, DC. Trump announced the first nominees of the annual Kennedy Center Honors since taking control of the center’s board earlier this year. Kevin Dietsch | Getty Images U.S. President Donald Trump signed an executive order on Wednesday […]
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Coffee and tea prices continue to ramp up due to tariffs, worrying retailers and importers
While last month’s consumer price index showed that food prices were effectively flat month over month, tariff-sensitive items like coffee beans, specialty teas and spices are showing signs of inflation, worrying small businesses selling those products. According to the Bureau of Labor Statistics, coffee prices surged 14.5% in July year over year. The average retail price […]
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Elon Musk’s xAI loses co-founder Igor Babuschkin, who’s leaving to start venture firm
Igor Babuschkin, co-founder of xAI, during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. David Paul Morris | Bloomberg | Getty Images Igor Babuschkin, a founding member of Elon Musk’s xAI, said Wednesday that he’s leaving the artificial intelligence startup to launch his own venture firm. “Today […]
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Shares of Bullish soar in NYSE debut after crypto exchange prices IPO above expected range
Shares of crypto exchange Bullish soared Wednesday after the cryptocurrency exchange raised about $1.1 billion in an initial public offering. The stock opened at $90 on the New York Stock Exchange, 143% above its IPO price of $37. At one point, it rose as high as $118 before closing at $68, a gain of more than […]
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As Trump berates Goldman, other economists agree that higher tariff inflation is coming
People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025. Spencer Platt | Getty Images Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view among its Wall Street brethren. Despite investors’ embrace of […]
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Warren Buffett’s secret stock could be revealed imminently. What it could be
Warren Buffett’s Berkshire Hathaway has been building a secret stock position with special confidential treatment for two quarters in a row. The mystery name could be revealed Thursday when the conglomerate releases its 13F filing. Berkshire’s second-quarter earnings report showed a $2.8 billion increase in cost basis to “commercial, industrial and other” equities, after a […]
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CNBC’s UK Exchange newsletter: Is London’s financial future evolving or eroding?
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch After several years in the Big Apple, I knew my return to London would be a culture shock. Instead of Times Square with its skyscrapers and blinding lights, I would roam around Piccadilly Circus and its Victorian […]
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