Breaking News: Business
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – Shares of the Detroit automakers closed higher Friday […]
Read More
Tesla, GM lead record U.S. EV sales this year as federal incentives end
A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland | CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase […]
Read More
Property tech ‘winter’ is over, but climate investment is still struggling, says Fifth Wall CEO
Fifth Wall co-founder and CEO Brendan Wallace. Courtesy of Fifth Wall A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign […]
Read More
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
Key Points OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and ether later this year with help from the startup Zerohash. By allowing OnePay users to hold bitcoin and ether in their mobile app, customers could […]
Read More
Why vinyl records like Taylor Swift’s ‘The Life of a Showgirl’ are protected from tariffs
Taylor Swift performs onstage during The Eras Tour at Wembley Stadium on June 21, 2024, in London. Kevin Mazur | Getty Images On Friday, 24-year-old Tayra McDaniels will scamper down the stairs of her East Village apartment building and pick up four preordered vinyl editions of Taylor Swift’s new album, “The Life of a Showgirl” […]
Read More
Apple removes ICE tracking apps after Trump AG pressure
Apple CEO Tim Cook walks to attend the State Banquet at Windsor Castle, in Windsor, Britain, Sept. 17, 2025. Kevin Lamarque | Reuters Apple on Thursday night said that it was removing apps from its App Store that can be used to anonymously report sightings of U.S. Immigration and Customs Enforcement agents. The move came […]
Read More
Elon Musk is telling his followers to cancel Netflix subscriptions. Here’s what’s happening
Elon Musk stands in the Oval Office to attend a press event with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk this week urged his followers to cancel their Netflix subscriptions over a controversy surrounding an animated show and its creator. Musk […]
Read More
Perplexity AI rolls out Comet browser for free worldwide
Aravind Srinivas, chief executive officer Perplexity AI, during a news conference at the SK Telecom Co. headquarters in Seoul, South Korea, on Wednesday, Sept.4, 2024. SeongJoon Cho | Bloomberg | Getty Images Perplexity AI on Thursday announced that its artificial-intelligence-powered web browser Comet is available worldwide, and will be free to users. The Comet browser […]
Read More
Tom Lee sees S&P 500 topping 7,000 by year-end, says don’t be fooled by shutdown calamity talk
The government shutdown is unlikely to derail the stock market’s momentum into year-end, according to Tom Lee, Fundstrat Global Advisors’ head of research. Lee believes the suspension of economic data releases from federal agencies is a “sidebar issue,” adding that past shutdowns have had little lasting impact on equities. The widely followed strategist, who called […]
Read More
Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about
Longtime investor Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise, a stage of the cycle that Warren Buffett had warned about. The chair and CEO of the Omega Family Office read a quote from the “Oracle of Omaha” on CNBC’s “Money Movers” Wednesday, […]
Read More