business news
AI shopping could drive $263 billion in holiday sales. Walmart and Target are racing to get in
Holiday shopping has always felt like a “chore” for Amrita Bhasin. Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving. But this year, Bhasin […]
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India’s inflation rises to 0.71% in November as decline in food, fuel prices loses steam
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 0.71% in November, accelerating from an all-time low of 0.25% in the prior month. The headline inflation number was in line with […]
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European markets rise as Wall Street sentiment spills over
LONDON — European markets were in positive territory on Friday, buoyed by Wall Street’s record-breaking rally on Thursday. The pan-European Stoxx 600 was 0.4% higher at 9:42 a.m. in London (4:42 a.m. ET). Global investors will be watching the latest developments between Ukraine and Russia on Friday amid warnings by NATO Secretary General Mark Rutte that […]
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Putin can fund Ukraine war for years to come, ex-official says as Trump’s resolve is tested
U.S. President Donald Trump and Secretary of State Marco Rubio meet Russian President Vladimir Putin, to negotiate for an end to the war in Ukraine, in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | Reuters Russian President Vladimir Putin has enough capital to fund the war in Ukraine for years to come despite economic […]
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AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
U.S. artificial intelligence names were in negative territory in premarket trading on Friday, extending losses into their third day. Oracle was 1.3% lower in premarket trading, Nvidia and Micron fell 0.9%, and CoreWeave was down 1.4% at 4:30 a.m. ET. The share price of cloud computing and database software maker Oracle plummeted on Thursday, ending the […]
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CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech
Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images The S&P 500 and Dow Jones Industrial Average advanced on Thursday, with both hitting fresh closing records. The Russell 2000 index also ended the session at a new high, following the […]
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UK economy unexpectedly shrunk before Budget
Pedestrians walk past British Union flag designs on advertisements. Simon Dawson | Bloomberg | Getty Images The U.K. economy unexpectedly contracted in the three months to October, according to official figures released Friday. It follows a 0.1% expansion over the three months to September. Economists had expected 0% growth over the period. The Office for […]
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Thailand dissolves parliament, heightening political turmoil as Trump seeks to salvage ceasefire with Cambodia
Anutin Charnvirakul, Thailand’s prime minister, speaks to members of the media on the sidelines of a seminar in Bangkok, Thailand, on Thursday, Nov. 20, 2025. Dario Pignatelli | Bloomberg | Getty Images Thailand’s king has approved the dissolution of parliament, deepening political instability in the Southeast Asian nation ahead of an attempt by the U.S. […]
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Reddit challenges Australia’s under-16 social media ban in High Court filing, says law curbs political speech
Sopa Images | Lightrocket | Getty Images Reddit, the popular community-focused forum, has launched a legal challenge against Australia’s social media ban for teens under 16, arguing that the newly enacted law is ineffective and goes too far by restricting political discussion online. In its application to Australia’s High Court, the social news and aggregation platform […]
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Trump scared Europe with his national security strategy. That’s no bad thing, ex-CIA chief says
Gen. David Petraeus, Former CIA Director, Fmr. Central Commander and American commander in Iraq. Adam Jeffery | CNBC The White House’s new national security strategy gave Europe a scare last week as it warned the region faced “civilizational erasure” and questioned whether it could remain a geopolitical partner for America. The document shocked allies on the […]
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