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The Latest Breaking News from CNBC

Scott Bessent on the 39% of young Americans thinking favorably of socialism: They’re just not invested in the stock market

“I think that dovetails somewhat—that 38% of American households have no exposure to equities,” the Treasury Secretary told CNBC. Let’s see in 10 years.

Fortune

Fed holds rates at an unusual moment: Stocks at record highs, dollar under pressure, and Powell in the crosshairs

Two governors dissented in favor of a cut, including Christopher Waller, a top contender for the chairmanship to replace Powell.

Fortune

The Fed Is Likely To Keep Interest Rates Steady Despite Trump Pressure — What This Means for Your Loans

In spite of constant, threatening pressure from President Donald Trump to lower interest rates, the Federal Reserve is likely to hold interest rates steady at this week’s policy meeting, as reported by CNBC. While Trump has expressed intense frustration, anger and even a criminal investigation into the Chair of the…

GOBankingRates

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UPS to Slash 30,000 Jobs This Year as It Dumps Amazon Deliveries — Here's Why Your Packages May Cost More

UPS will cut up to 30,000 jobs and close facilities as it reduces Amazon deliveries, likely increasing shipping costs for consumers and small businesses.

International Business Times UK

Warren Buffett’s son signals a huge change for philanthropy as he prepares to give away $150 billion

Howard Buffett says taking “rule of law” into consideration when making donations is of paramount importance for philanthropists seeking to alleviate poverty.

Fortune

TikTok’s new US venture is in trouble – here are the 3 privacy-first apps people are flocking to instead

TikTok users are deleting the app in droves over privacy concerns, while smaller rivals are seeing a big boost in numbers.

TechRadar

Nike Job Cuts Hit U.S. Distribution Centers in Move Toward Automation

Nike is cutting 775 U.S. distribution center jobs to boost automation and streamline operations.

International Business Times

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TikTok's New US Venture Off to Shaky Start as Uninstalls Rise to 150%

TikTok has seen a massive rise in users uninstalling their app after they announced that the deal for their new US venture has been finalised.

International Business Times UK

Ubisoft shares plummet to lowest price in over 14 years amid its recently announced 'restructuring' centered on cancellations, layoffs, and generative AI

The gaming giant's share price took a hefty 34% hit the day after the announcement.

PC Gamer

Why Jamie Dimon, JPMorgan are top Trump targets

Trump is suing JPMorgan Chase and CEO Jamie Dimon, alleging the bank improperly cut him off from its financial services.

Axios

Trump’s AI czar thinks the U.S. is too pessimistic about AI

Trump’s technology czar worries AI dread will equate to a “self-inflicted injury.” He’s also against the California billionaires tax.

Fortune

Ray Dalio warns the global rules-based order is already ‘gone’ as Trump threatens Greenland: ‘Let’s not be naive’

The Bridgewater founder told Fortune he pays attention to the past 500 years: “It’s like a movie for me. It’s like watching the same movie happen.”

Fortune

Scott Bessent desperately tries to walk back Trump’s letter linking Greenland with Nobel Prize snub: ‘A complete canard’

In a leaked message to the Norwegian prime minister, Trump said being snubbed for a Nobel Peace Prize inspired him to no longer ‘think purely of Peace’ when it comes to the U.S. taking over Greenland

The Independent UK

'You don’t have endless options': Amazon CEO warns of 'tariff creep' as sellers start to raise prices on consumers

Amazon's CEO, Andy Jassy, said that prices are likely to go up for customers as pre-tariff stock is running out.

Tom’s Guide

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International Business Times UK

David Beckham Breaks Silence After Brooklyn's Brutal Post With Stark Parenting Warning

David Beckham responded after Brooklyn's Instagram attack, denying manipulation, stressing kids can err, and subtly sidestepping marriage interference claims.

GOBankingRates

How a Young and New Billionaire Spends Her Money

See how billionaire Lucy Guo balances frugal daily habits with big-ticket splurges, showing how intentional spending can even be a part of extreme wealth.

Latin Times

Republican Sen. Says He Would Move Against Trump If He Uses 'Kinetic Action' To Take Over Greenland

Republican Sen. Thom Tillis said he would move to prevent Donald Trump to use military action to take over Greenland if the president authorizes "kinetic action" for that purpose.

BANG Premier

'Children are allowed to make mistakes...' David Beckham breaks silence in wake of Brooklyn's social media rant

Appearing on CNBC’s financial program Squawk Box, David Beckham spoke for the first time since his son Brooklyn launched an astonishing rant against his family on Instagram.

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Evening Standard

David Beckham fires back after Brooklyn's bombshell attack: 'Children are allowed to make mistakes'

The retired football star had some choice words following his eldest son’s nuclear six-page statement shared on social media

Bored Panda

Beckham Feud Sparks Theories As Online Sleuths Examine Nicola Peltz’s Powerful Family Links

“Now that makes sense why [Victoria Beckham] hates the daughter in law.”

Sports Illustrated

How Much Do Olympians Get Paid? Breaking Down Salaries, Bonuses, and Sponsorships

Does a trip to the podium pad your wallet? Let's take a look.

Fortune

Zoe Saldaña has been crowned the highest-grossing actor, with a $15.5 billion Hollywood portfolio—beating Scarlett Johansson and Samuel L. Jackson to the top spot

Academy Award-winning actress Zoe Saldaña has starred in some of the biggest franchises of all time, from “Avatar” and “Stark Trek” to “Guardians of the Galaxy,” outranking Scarlett Johansson and Samuel L. Jackson.

GOBankingRates

3 Ways Trump’s Credit Card Plan Could Have Major Consequences for Your Money

President Donald Trump’s plan to cap credit card interest at 10% may slash profits, restrict lending and trigger economic ripple effects. Find out more.

Fortune

Sarah Jessica Parker says she only has work-life balance because of the people supporting her: 'I’m making choices differently than I used to'

Sarah Jessica Parker took home the 2026 Carrol Burnett award on Thursday.

Bored Panda

“No One Warned Me”: 84 Times People Bought A House To Realize It Was Actually The Easiest Part

Buying a house is a dream come true for many people - the ultimate badge of adulthood. But what they often don't tell you is that homeownership doesn't just come with pride and joy. It comes with a long list of surprises, hidden costs, lessons and responsibilities that you might…

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