business news
Affirm gets boost from New York Life with $750 million loan deal
Thomas Fuller | Sopa Images | Lightrocket | Getty Images Affirm is expanding its partnership with New York Life Insurance, a move that highlights how traditional financial giants are deepening their exposure to fintech-driven consumer lending. Under the new agreement, New York Life will purchase up to $750 million worth of Affirm’s installment loans through […]
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Just 5% of CRE companies have achieved their AI goals. Here’s why
Diminishing perspective of downtown London skyscrapers Chunyip Wong | Istock | Getty Images 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 […]
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Amazon’s earnings rally, Netflix’s stock split, chocolate inflation and more in Morning Squawk
A customer holds up the new orange-colored iPhone 17 Pro Max smartphone inside an Apple retail store in Chongqing, China, on September 19, 2025. Cheng Xin | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know […]
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Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices
A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty Images The scariest thing haunting Halloween this year isn’t a ghost, goblin or ghoul — it’s the price of chocolate. From Snickers to Reese’s to Twix, one of America’s favorite indulgences is getting more […]
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Nvidia CEO Jensen Huang says AI is in a ‘virtuous cycle.’ Here’s what he means
NVIDIA CEO Jensen Huang speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025. Jim Watson | AFP | Getty Images Nvidia CEO Jensen Huang said on Friday that artificial intelligence had reached a “virtuous cycle,” tipping the industry for continuous growth. Speaking at the […]
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Soviet throwback? Russia rekindles home-grown events after isolation from the West
MOSCOW, RUSSIA – SEPTEMBER 21: Shaman of Russia performs during the new global song competition called Intervision, initially positioned as a response to the long-running European Eurovision music contest, in Moscow, Russia on September 21, 2025. (Photo by Sefa Karacan/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Since Russia found itself cast out […]
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Pony.ai becomes first to win citywide robotaxi permit in China’s Silicon Valley
Key Points Pony.ai is the first firm cleared to run robotaxis throughout Shenzhen. The move expands autonomous taxi services beyond pilot zones in Chinese cities. Pony.ai will start rolling out the self-driving taxis in parts of Shenzhen before expanding coverage. Source
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Google to offer Gemini AI for free to over 500 million Jio users as global firms double down on India
The Google AI Studio application is displayed on a mobile phone with Google in the background, in this photo illustration in Brussels, Belgium, on October 26, 2025. Nurphoto | Nurphoto | Getty Images Google will offer its Gemini AI service for free to over 500 million Reliance Jio users in India, as global artificial intelligence […]
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China in the global plane market: Malaysia Airlines welcomes the idea of buying Comac planes
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Nasaruddin A. Bakar of Malaysia Airlines discusses fleet expansion plans, and Malaysia’s commitment to purchase 30 aircraft. He also says the company is ‘very open’ to purchasing from other plane manufacturers, and discusses the possible in-flight alcohol ban. Source
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CNBC Daily Open: Ghosts of gains past for markets this Halloween
U.S. President Donald Trump and First Lady Melania Trump host a Halloween event at the White House in Washington, DC, on Oct. 30, 2025. Jim Watson | Afp | Getty Images As Halloween looms, Wall Street is balancing tricks and treats. Investors were spooked by some Big Tech capex plans, with all three major indexes […]
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