business news
U.S. sanctions Iranian, Venezuelan groups tied to weapons trade
The U.S. on Tuesday announced sanctions on a group of 10 individuals and entities based in Iran and Venezuela that are allegedly linked to the weapons trade between the two countries. Those targeted include a Venezuelan company, Empresa Aeronautica Nacional, which is allegedly linked to millions of dollars of Iranian drone sales to Venezuela. The […]
Read More
Stocks making the biggest moves midday: Molina Healthcare, Intel, AXT, OceanFirst Financial & more
Check out some of the stocks posting the biggest moves in midday trading. Molina Healthcare – Shares advanced about 4%. “Big Short” investor Michael Burry in a Substack post noted that the health insurer could be a takeover candidate. He compared it to Warren Buffett’s investment in Geico. Intel – The chip company rose more […]
Read More
Trump administration must fund U.S. consumer finance watchdog, judge says
A view of the Consumer Financial Protection Bureau (CFPB) headquarters building in Washington, DC, on Feb. 10, 2025. Saul Loeb | AFP | Getty Images A federal judge on Tuesday rejected a claim by President Donald Trump’s administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting that […]
Read More
Home prices are getting slightly more affordable, but down payments are still holding buyers back
Mortgage rates are lower, home prices are easing, and there is more supply on the market for sale. All of that adds up to improved affordability for today’s homebuyers. Saving for a down payment, however, is still the biggest hurdle for first-time buyers. Prices nationally are basically flat compared with where they were a year […]
Read More
These restaurant chains closed locations in 2025
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses. Inflation-weary consumers have pulled back their restaurant spending, choosing to eat at home or chasing deals when they go out for a meal. While some restaurants have won over reluctant diners, the […]
Read More
U.S. approves Samsung, SK Hynix chipmaking tool shipments to China for 2026: Reuters
Samsung Electronics’ fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia for use in its processors for the first time, three people briefed on the matter said. SeongJoon Cho | Bloomberg | Getty Images The U.S. government has granted an annual license to Samsung Electronics and SK Hynix to bring in chip manufacturing equipment to […]
Read More
Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC
Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last week, according to the sourced familiar with the matter. Softbank had previously had syndicated $10 billion and invested $8 billion in the ChatGPT maker. CNBC […]
Read More
Here’s what to expect for commercial real estate in 2026
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 up to receive future editions, straight to your inbox. The 2025 economy […]
Read More
Eurostar warns of ‘major disruption’ as power outage halts services between France and England
People sit around with their bags at St. Pancras station in London on December 30, 2025, as Eurostar train service between Britain and continental Europe is halted. Carlos Jasso | Afp | Getty Images Eurostar urged passengers to change their travel plans on Tuesday as a problem with the overhead power supply forced the Channel […]
Read More
China encircles Taiwan in massive military display
A giant screen shows a news report on China’s “Justice Mission 2025” military drills around Taiwan, in Beijing, China Dec. 30, 2025. Tingshu Wang | Reuters China fired rockets into waters off Taiwan on Tuesday, showcased new assault ships and dismissed prospects of U.S. and allied intervention to block any future attack by Beijing to […]
Read More