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The Latest Breaking News from CNBC

Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he's writing down $19.5 billion amid a 'customer-driven’ shift

Months ago Farley said the EV market would shrink to 5% of the U.S. vehicle market.

Fortune

‘This is so dystopian’: Man heads into Walmart to look at dishware. Then he notices the prices changing in front of him

Walking through a store and seeing price tags update in real time sounds truly dystopian. You want the assurance that the price will be stable instead of jumping around because of factors like the weather, time of day, or scarcity.

The Mary Sue

US Unemployment Jumps to 4.6% — Worst Surprise in Months

US unemployment unexpectedly rises to 4.6%, the highest in four years, as job growth slows and labour market pressures intensify in the latest US jobs report.

International Business Times UK

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Ford's EV Retreat Comes With A $19.5 Billion Price Tag

Today on Critical Materials: Ford's EV pullback will cost $20 billion, China looks to regulate car pricing and an ex-Porsche engineer will shake up Hyundai.

InsideEVs

BlackRock CEO Calls Crypto an ‘Asset of Fear’ — Do Other Experts Agree?

Larry Fink is still down on crypto, calling it a bastion for nervous investors, or perhaps better to say speculators, and placing gold in a similar bucket.

GOBankingRates

Kellanova Stock Is No More. Should Consumer Packaged Goods Fans Buy Shares of This Blue-Chip Stock Instead?

This Buffett stock has been one of his few misfires, and that situation doesn't look poised to change.

Barchart

Bob Iger Says ‘Creativity Is the New Productivity’ as Disney Bets $1 Billion on OpenAI and Entertainment Wars Heat Up

Disney just dropped $1 billion on OpenAI and handed over the keys to its most valuable characters — Mickey Mouse, Elsa, the entire Marvel universe — to Sora, OpenAI’s AI video generator.

Barchart

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'Creativity is the new productivity': Bob Iger on why Disney chose to be 'aggressive,' adding OpenAI as a $1 billion partner

"We'd rather participate in the rather dramatic growth, rather than just watching it happen and essentially being disrupted by it," Iger told CNBC.

Fortune

Bob Iger says Disney’s $1 billion deal with OpenAI is an ‘opportunity, not a threat’: ‘We’d rather participate than be disrupted by it’

The three-year deal will bring more than 200 Disney characters to Sora.

Fortune

Who Is Yi He? Crypto World Reacts as CZ's Life Partner Becomes Binance CEO

Yi He becomes Binance co-CEO, sparking global attention as CZ's life partner steps into a powerful leadership role.

International Business Times UK

DeepSeek Accused of Using Smuggled Nvidia Chips — Sparks Controversy in AI Race

Chinese AI company DeepSeek is accused of smuggling Nvidia chips to power newer AI models, but the spotlight is how this impacts the AI race.

International Business Times UK

Tesla's Full Self-Driving Blew Me Away. I Still Wouldn't Buy It

In the seven years since I last reviewed it, Tesla Autopilot and 'Full Self-Driving (Supervised)' have come a long way. But its biggest issue has gotten worse.

InsideEVs

'Billionaires Won't Save You,' Says Jim Cramer. 'They're Out For Themselves' And 'Never Apologize For Their Negativity'

Jim Cramer wants you to stop expecting billionaire investors to help you build wealth. “Billionaires won't save you—they're out for themselves,” he wrote for CNBC.com recently.

Benzinga

'Cash Is Still King': Paramount CEO David Ellison Throws $108 Billion All-Cash Bid To WBD Shareholders

In a move that upended the media landscape, Paramount Skydance Corp. (NASDAQ:PSKY) officially launched a hostile, all-cash tender offer for Warner Bros. Discovery, Inc. (NASDAQ:WBD) on Monday.

Benzinga

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InsideEVs

The EV Tax Credit Died And Took New Car Affordability With It

New car prices are turning away buyers: gas and electric. Plus, Hyundai's self-driving chief is reportedly out, and GM is looking at technology in a new light.

Benzinga

Apple Chip Chief Considers Exit, Tim Cook's AI Reset And More: This Week In Appleverse

It was a week of significant developments for Apple Inc. (NASDAQ:AAPL) and its rivals. The potential departure of a top executive, a strategic reset, a key legal appointment, and a foldable phone war were among the major stories.

GOBankingRates

What Does Buffett’s Berkshire Latest Buy Say About the AI Bubble?

Warren Buffett's latest move, loading up Berkshire Hathaway shares in Alphabet, directly signals how he views a potential AI bubble today.

Creative Bloq

The new CNBC logo is already controversial

Another victim of minimalist design?

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news in one place.

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Benzinga

Ray Dalio Once Had To Borrow $4,000 From His Dad To Make Ends Meet, But Says It Was 'The Best Thing That Ever Happened' To Him: Here's Why

Bridgewater Associates founder Ray Dalio recently recalled a moment that he says nearly wiped him out financially, but eventually made him a better investor and boss.

International Business Times UK

Jan. 6 Pipe Bomber Could Have Been Caught in 2022: Sources Reveal Evidence Sat Unexamined for Years

Brian Cole Jr. was arrested for the Jan. 6 pipe bombs after FBI evidence sat unexamined since 2022. Virginia man, 30, could have been caught years earlier.

The Independent UK

Paramount fumes that Warner Bros. Discovery sale process is ‘unfair’ as Netflix jumps into the lead

While Paramount chief David Ellison thought he had a ‘Trump card’ in his bid to purchase Warner Bros. Discovery, it appears he is growing less confident that he’ll add the studio giant to his growing media empire.

Benzinga

'Just Beginning,' Awardco Founder On The Superpower That Allowed Him To Build A $1 Billion Business

Awardco co-founder and CEO Steve Sonnenberg says there's one thing that took his company from side hustle to $1 billion business: the ability to just get started.

Benzinga

AI Isn't Just Replacing Workers. It Is Also Making College Degrees Less Valuable And Can Leave Recent Graduates With 'Long-Lasting Scars For Decades'

Artificial intelligence has been replacing workers, and that can make colleges less valuable. CNBC detailed in a video released on YouTube that covers how AI is impacting recent graduates and how it can affect the economy.

Benzinga

AI Infrastructure Races Will Be 'Intense' In 2026, Says Google Executive. 'We Must Double Every Six Months.'

Google will need to double its serving capacity every six months in order to keep up with AI demand, a company executive told employees in an all-hands meeting earlier this month, CNBC reports.

Benzinga

Kevin O'Leary Says When He Rolled Up in His New Porsche, His Wife Mocked Him for Looking Like Every Other Bald Man in a Sports Car But He Didn't Care

Kevin O'Leary's money philosophy might be built on cold, hard numbers—but even "Mr. Wonderful" has a soft spot for flashy splurges and ridiculous regrets.

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