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The Latest Breaking News from CNBC

Elon Musk Refutes Claims Of xAI's $10 Billion Funding Round, Says 'xAI Is Not Raising Any Capital Right Now'

Elon Musk has dismissed reports of his AI startup, xAI, raising $10 billion at a staggering $200 billion valuation. Musk labeled these reports as “fake news”, asserting that xAI is not in the process of raising capital.

Benzinga

Powell showed he's still 'firmly in control' after White House adviser Miran's first FOMC meeting, former Fed official says

"Their actions demonstrate integrity, commitment to the Fed’s mission and the importance of sustaining the central bank’s independence."

Fortune

The Breakfast Battle: Convenience Stores Are Taking a Bite Out of Fast-Food Chains' Morning Revenues

Food-forward convenience stores are becoming a morning staple for a growing number of consumers, market research firm Circana finds.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump Expands 401(k) Plans With Crypto — What This Means For Your Retirement

Trump wants crypto in your 401(k)—but is bitcoin a smart retirement bet? Discover the risks, rewards and what experts say about this bold shift.

GOBankingRates

Trump-Xi Talks Boost Stocks to New Highs: Stock Market Today

Investors, traders and speculators finish a dramatic week in a risk-on mood.

Kiplinger

New Fed Governor Says Was Not Told How To Vote By Trump

Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.

International Business Times

CrowdStrike, SoFi, Clearway Energy And More: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, said SoFi Technologies, Inc. (NASDAQ:SOFI) hit an all-time high on Thursday.

Benzinga

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Jim Cramer's Warning On This Oil Stock: 'You Don't Want To Be In It'

On CNBC's “Mad Money Lightning Round,” Jim Cramer said The Western Union Company (NYSE:WU) has got no growth.

Benzinga

Stephen Colbert brands Trump an ‘autocrat’ as he defends suspended Jimmy Kimmel

Stephen Colbert called ABC’s decision to pull Jimmy Kimmel’s show ‘blatant censorship’

The Independent UK

Trump and his FCC chair preached protecting free speech. The Jimmy Kimmel move shows they want to control it

NEWS ANALYSIS: Brendan Carr commits to the illusion of independence, but Trump’s threats to go after NBC next make the administration’s goals for the FCC clear, writes John Bowden

The Independent UK

NBA Star Kevin Durant Forgot His Coinbase Password—And Bitcoin Soared 11,000%

Kevin Durant forgot his Coinbase Global, Inc. (NASDAQ:COIN) password, which turned into an unexpected blessing.

Benzinga

Spirit Airlines slashes 25 percent of its flights as its bankruptcy struggles continue

Airline’s recent flight cuts come months after it filed for Chapter 11 bankruptcy for the second time in less than a year

The Independent UK

Jim Cramer Slams Chinese Media For Claiming Huawei 'Bypasses' Nvidia: 'If Their Chips Were So Great...'

Jim Cramer, the host of CNBC’s “Mad Money,” criticized China’s ongoing AI chip war, questioning the quality of the chips following a significant computing breakthrough by Huawei.

Benzinga

Qualcomm, Northern Trust, Vertiv Holdings And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Jim Lebenthal, partner at Cerity Partners, said Qualcomm Incorporated (NASDAQ:QCOM) has had a little bit of a lackluster year, but seems to be making a “run for the roses right now.”

Benzinga

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news in one place.

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Benzinga

Fed Rate Cut: What It Means For Your Mortgage, Crypto Investments, Savings Account, Auto Loan And Student Loan

The Federal Reserve cut interest rates for the first time in 2025, which could impact mortgage rates, bond yields, and boost crypto. The move will ripple across consumer finances, affecting mortgages, credit cards, student loans, auto loans, and savings accounts.

GOBankingRates

I’m a Millionaire Earning $400K a Year — Here’s My Frugal Monthly Budget

In its Millennial Money series, CNBC profiled the success of Fares Ksebati, a 33-year-old Detroit native who built a small fortune yet still lives frugally.

Benzinga

Mental Health Leaves Of Absence Are Up 300% From Pre-Pandemic Levels, Study Finds

Between 2019 and 2024, the number of workers taking leaves of absence for any reason increased by 30%, according to a new analysis from ComPsych.

The Guardian - US

Republicans propose $88m in security for lawmakers after Charlie Kirk killing

Funds included in stopgap measure House Republicans released that would fund government through 21 November

Get all your
news in one place.

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Benzinga

Lockheed Martin, Electronic Arts And A Financial Stock On CNBC's 'Final Trades'

As video game stocks gain momentum and defense giants face unexpected hurdles, could the real market mover be hiding in plain sight among financial institutions? Discover the surprising picks from top investors that are sparking new conversations on Wall Street.

Benzinga

Why Bessent's Tariff Talk Puts Dollar-Sensitive Stocks On Edge

Stanley Druckenmiller's protégé, Treasury Secretary Scott Bessent, is stirring fresh debate on Wall Street with his latest read on tariffs and trade in a CNBC Squawk Box interview. At first glance, a narrowing U.S. trade deficit with China looks like a policy win, but Bessent warns it could have unintended…

Benzinga

Uber, Apollo Global, FTAI Aviation And More: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said Apollo Global Management, Inc. (NYSE:APO) earnings and revenue are expected to grow around 20% in 2026.

Benzinga

Trump Wants To End Quarterly Reporting Requirements—Not Everyone Agrees

President Donald Trump renewed calls on Monday to move away from quarterly corporate reporting requirements.

Benzinga

Bloom Energy Is Not Jim Cramer's 'Cup Of Tea,' But It's Going Up

On CNBC's “Mad Money Lightning Round,” Jim Cramer addressed Bloom Energy Corporation (NYSE:BE).

Benzinga

Your Morning Cup Is Set To Cost More As US Coffee Inflation Hits Decades-High Amid Global Bean Shortage, Trump Tariffs

The price of coffee in the U.S. has seen a significant increase. Retail coffee prices have surged nearly 21% in August compared to the same month last year, marking the largest annual jump since October 1997.

GOBankingRates

5 of the Richest Money Experts and How They Amassed Their Fortunes

You probably wouldn't take money advice from someone who doesn't have much money, so it makes sense that some of the most popular money experts have built up a lot of wealth. But while wealth is a...

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