United States
CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
Traders works on the floor of the New York Stock Exchange. NYSE October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed. The technology sector was the hardest hit, with 33,281 cuts, almost […]
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The stocks set to win from soaring AI spend, according to analysts
Corporate investment into artificial intelligence totaled over $250 billion last year as companies raced to develop intelligence-fueled products and services. That spend kept pace this year and is only expected to increase further as Big Tech firms like Meta , Alphabet and Microsoft vie for the AI dominance and pour more cash into the technology. […]
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Judge orders Trump administration to pay full SNAP benefits for November by Friday
Supplemental Nutritional Assistance Program (SNAP) signage at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty Images A federal judge on Thursday ordered the Trump administration to pay full SNAP benefits for November by Friday, rejecting the administration’s plan to partially fund that food stamp program […]
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McDonald’s U.S. boss puts focus on ‘value and affordability’ as consumer spending splits
A McDonald’s restaurant in Richmond, Virginia, US, on Monday, Nov. 3, 2025. Al Drago | Bloomberg | Getty Images McDonald’s leadership is urging operators to stay the course on value offerings as the competition for consumers plays out across the restaurant space. In a memo to U.S. operators following the company’s third-quarter earnings, McDonald’s U.S. […]
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DC sandwich thrower Sean Dunn found not guilty of assaulting federal agent
FBI and Border Patrol officers speak with Sean Charles Dunn, after he allegedly assaulted law enforcement with a sandwich, along the U Street corridor during a federal law enforcement deployment to the nation’s capital on Aug. 10, 2025 in Washington, DC. Andrew Leyden | Getty Images A federal jury in Washington, D.C., on Thursday found […]
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FAA flight cuts squeeze freight capacity in peak shipping season
U.S. Transportation Secretary Sean P. Duffy and FAA Administrator Bryan Bedford hold a press conference at the U.S. Department of Transportation Headquarters on Nov. 5, 2025 in Washington, DC. Tasos Katopodis | Getty Images U.S. logistics companies warned Thursday that the Federal Aviation Administration’s decision to cut flight capacity at 40 major airports by 10% […]
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Dow drops 400 points as AI stocks resume their decline, Nasdaq falls 1.9%: Live updates
A trader works on the floor of the New York Stock Exchange. NYSE U.S. stocks retreated on Thursday as names in the artificial intelligence trade came under pressure yet again amid worries around eye-watering valuations. The Dow Jones Industrial Average slipped 455 points, or 1%. The S&P 500 traded down by 1.2%, while the Nasdaq […]
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Judge dismisses Boeing criminal case over 737 Max crashes at DOJ request despite skepticism
Nadia Milleron, whose daughter Samya Stumo was killed in the crash of Ethiopian Airlines Flight 302, holds a sign with photos of the crash victims during a Senate Commerce, Science and Transportation Committee hearing on aviation safety and the future of the Boeing 737 Max aircraft, in the Hart Building in Washington, D.C., Oct. 29, […]
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European stocks lose ground as earnings hold the spotlight; Rheinmetall gains 2%
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks edged lower on Thursday, as investors reacted to another flurry of corporate earnings. The pan-European Stoxx 600 was down 0.07% as of 11:26 a.m. in London (6:26 a.m. ET), with most sectors and major bourses in negative […]
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CNBC Daily Open: Even a Supreme Court ruling might not spell the end of tariffs
The US Supreme Court in Washington, DC, US, on Monday, Oct. 6, 2025. Graeme Sloan | Bloomberg | Getty Images The U.S. Supreme Court on Wednesday heard a case on the Trump administration’s “reciprocal” tariffs, and both liberal and conservative judges appeared skeptical of the legal basis of those tariffs. Following the hearing, traders on […]
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