business news
Giving to donor-advised funds surges on expiring tax cuts and a hot stock market
Douglas P Sacha | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Strong stock market returns and tax reform gave a boost to charitable giving in 2025, according to […]
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Stocks making the biggest moves premarket: Apple, Chevron, KLA, Sandisk & more
Check out the companies making the biggest moves premarket: Apple — Shares fell 0.6% even after after the company posted blowout fiscal first-quarter results , with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed […]
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Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led […]
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Microsoft tumbled 10% in a day and isn’t recovering premarket. Here’s why
Key Points Microsoft’s stock saw its biggest daily decline since 2020 on Thursday, falling 10%. The stock is up 0.5% premarket on Friday. The share slide wiped $357 billion off the software giant’s market cap. Analysts attributed the move to company’s cloud computing business growing slightly slower than expected. Microsoft’s stock isn’t recovering in Friday’s […]
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Silver plummets 15%, gold falls 7% — dragging down miners and ETFs
Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged on Friday, sparking a global sell-off of stocks and funds linked to the metals. By 5:04 a.m. ET, spot […]
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Trump gets a boost as Panama court voids Hong Kong firm’s canal contract
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images Panama’s top court has ruled against Hong […]
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CNBC Daily Open: We’ll soon find out who the new Fed chair is
A digger sits at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters The current moment feels like the finale […]
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Japan election becomes high-stakes gamble for Takaichi as personal popularity faces tougher opposition
TOKYO, JAPAN – JANUARY 27: Japanese Prime Minister Sanae Takaichi (C), Japan Innovation Party Representative Hirofumi Yoshimura (L) and Japan Innovation Party Co-Representative Fumitake Fujita (R) hold up their hands during an election campaign rally on January 27, 2026 in the Akihabara area of Tokyo, Japan. Official campaigning for the general election for the House […]
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Gold and silver rally has taken a breather. Is now the time to enter the market?
Gold and silver prices fell sharply on Friday, snapping a powerful rally that has seen the metals shatter multiple records this year. Spot gold prices declined more than 4% to $5,156.64 per ounce, while spot silver prices fell over 5% to $110.26, after a sharp run-up. The surge in prices of gold has been fueled […]
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World leaders descend on Beijing as 2026 kicks off, hedging against U.S. disruptions
Key Points At least five world leaders have visited Beijing in January alone. The high-level visits come as countries navigate tense U.S. relations. Business executives are also using the opportunity for China deals. Source
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