business news
Gold, silver are smashing records to start 2026 after last year’s big run. Why it’s happening again
The flood of geopolitical headlines to start 2026 has brightened the outlook for gold and silver, even after last year’s massive run-up for all precious metals. Gold and silver are smashing records to start the new year, with gold this week topping $4,600 an ounce for the first time, and silver breaching $90. The two […]
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Airlines to save big money on fuel as new weight loss pills gain popularity, Wall Street says
Celsopupo | Istock | Getty Images Wall Street is finding an unexpected beneficiary of America’s weight loss boom: airlines. With the first GLP-1 weight loss drug now available in pill form, analysts at Jefferies say broad adoption across society could quietly lower fuel bills — airlines’ single largest cost — and lift earnings for the […]
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Gaza is entering the second phase of the ceasefire plan Trump helped broker, envoy Witkoff says
U.S. Special Envoy Steve Witkoff delivers a press conference upon the signing of the declaration on deploying post-ceasefire force in Ukraine, during the so-called ‘Coalition of the Willing’ summit, at the Elysee Palace in Paris, France, Jan. 6, 2026. Ludovic Marin | Via Reuters The United States said Wednesday that it is moving into the […]
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Stocks making the biggest moves midday: Biogen, Rivian, Bank of America, Airbnb & more
Check out the companies making headlines in midday trading. Biogen — The biotech’s stock tumbled more than 4% after the company warned it would need to take a $222 million pretax charge in the fourth quarter. The company said the charge, which includes research-and-development expenses and milestone payments, will lower its net income by about […]
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U.S. suspending immigrant visa processing from 75 countries over public assistance
U.S. Secretary of State Marco Rubio speaks during his end-of-year press conference at the State Department in Washington, D.C., U.S., Dec. 19, 2025. Kevin Mohatt | Reuters The State Department said Wednesday it will suspend the processing of immigrant visas for citizens of 75 countries whose nationals are deemed likely to require public assistance while living in the United States. […]
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Healthy Returns: Novo Nordisk CEO on GLP-1 pricing, and more insights from the JPM conference
A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Good morning from San Francisco! It’s day three of the annual JPMorgan Healthcare Conference – the biggest gathering of biotech and pharma execs, investors and analysts in […]
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FBI searches home of Washington Post reporter in classified documents probe, newspaper says
A person walks into the One Franklin Square Building, home of The Washington Post newspaper, June 21, 2024, in Washington. Alex Brandon | AP FBI agents searched a Washington Post reporter’s home on Wednesday as part of a leak investigation involving a Pentagon contractor accused of sharing classified information, the Justice Department said. Hannah Natanson, who has been covering President Donald Trump’s transformation […]
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Sen. Warren says Trump called her to work on credit card interest rate caps
Key Points Sen. Elizabeth Warren, D-Mass., told CNBC that President Donald Trump reached out on Monday to discuss capping interest rates on credit cards. The president called Warren, the Senate Banking Committee ranking member, after she made a speech on how Democrats can win the 2026 midterm elections. Republicans on Capitol Hill have lightly thrown […]
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Senate expected to vote on Venezuela war powers resolution on Wednesday
U.S. Secretary of State Marco Rubio speaks with U.S. Senate Minority Leader Chuck Schumer (D-NY) on the day of a briefing for the House of Representatives on the situation in Venezuela, on Capitol Hill in Washington, D.C., U.S., Jan. 7, 2026. Evelyn Hockstein | Reuters The Senate on Wednesday is expected to vote on a […]
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Senate expected to vote on Venezuela war powers resolution on Wednesday
U.S. Secretary of State Marco Rubio speaks with U.S. Senate Minority Leader Chuck Schumer (D-NY) on the day of a briefing for the House of Representatives on the situation in Venezuela, on Capitol Hill in Washington, D.C., U.S., Jan. 7, 2026. Evelyn Hockstein | Reuters The Senate on Wednesday is expected to vote on a […]
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