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The Latest Breaking News from CNBC

OpenAI Now Hit $10B in Annual Revenue, More Than Twice Compared to Last Year

OpenAI announced that it now hit $10 billion in annual revenue, and it has larger goals in the future.

International Business Times

Warner Bros. Discovery splitting into two separate media companies – separating CNN from HBO Max

The announced split, which will take place next year, is yet another major media upheaval amid the ongoing cord-cutting that has endangered the cable business

The Independent UK

Analysts Love DraftKings Stock, But This New Tax Bill Could Send DKNG Shares Plunging

DraftKings stock trades at a relatively low valuation in June 2025 and is well-positioned to deliver outsized gains to shareholders.

Barchart

From analysis to the latest developments in health,
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Elon Musk’s ‘KILL the BILL’ Sends Tesla Shares Down. Is It Time to Sell TSLA Stock Here?

Tesla shares crater as President Donald Trump says he’s disappointed in Elon Musk. A William Blair analyst remains bullish on TSLA stock.

Barchart

Keke Palmer started working at 9—she didn’t take a vacation for 15 years as the breadwinner and still lives like she’s not a millionaire

Despite earning millions starring in hit Hollywood movies and TV shows since childhood, the actress hasn’t relaxed until just recently—and it aligns with her broader frugal mantra.

Fortune

Are US Inflation Numbers Flawed? Economists Sound Alarm

Shocking revelations about flawed US inflation data spark alarm. With tariffs looming and prices rising, can we trust the numbers guiding the economy?

International Business Times UK

Hundreds arrested across 28 states in effort to curb organized retail theft

Illinois taskforce brought together more than 100 law enforcement agencies and over 30 retailers for crackdown

The Guardian - US

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Was Nvidia Always Destined to Dethrone Microsoft as the World's Top Tech Titan?

Nvidia's AI chip boom pushed its market cap to £2.76 trillion ($3.45 trillion), dethroning Microsoft. Was this tech titan always destined to rule, or is it riding a risky AI wave?

International Business Times UK

Trump Jr Insists 'You Don't Know' Who Really Buys Memecoin Despite His Dad Hosting Dinner With Top Holders Weeks Ago

Donald Trump Jr. downplayed ethical concerns about his father's memecoin, even after the president hosted a dinner for the top holders of his memecoin.

International Business Times

Treasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’

Rising interest rates on U.S. debt seem to back up Dimon’s concern about government spending, but the Treasury secretary says it’s not as bad as it seems.

Fortune

Stephen Curry Hopes to Follow in Michael Jordan's Footsteps With Post-Retirement Goal

As Curry prepares for his 17th NBA season, he has started to consider what lies ahead in retirement.

Sports Illustrated

GOP Lawmaker Insists Musk 'Doesn't Understand' Trump's 'Big, Beautiful Bill' After Billionaire CEO Criticized It

Rep. Darin LaHood pushed back against Elon Musk's criticism of Trump's new tax and spending package, saying he "doesn't understand how the tax bill works."

Latin Times

Forget tacos, can Trump have his tariff cake and eat it too? Wall Street's biggest bull thinks so

Wells Fargo's Christopher Harvey thinks a 10% tariff could be split evenly between importers, corporations, and consumers.

Fortune

US-China Trade Pact Teeters: Rare-Earth Exports Threaten Explosive Rift

China's delay in rare-earth exports threatens to sink a US trade pact, hitting defence and tech hard. Can Trump fix this, or is a trade war inevitable?

International Business Times UK

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Fortune

Elon Musk's SpaceX company town is reportedly notifying residents they may 'lose the right to continue' using their property amid zoning push

The city of Starbase was approved earlier this month by residents, most of whom are SpaceX employees.

Windows Central

Xbox co-founder now leads mysterious 'ZeroOne' team at Amazon

Xbox co-founder J Allard now leads Amazon’s ZeroOne team, which is focused on developing breakthrough hardware and software products.

Barchart

Jim Cramer Says It’s ‘Too Early To Call a Bottom’ in the Markets, Meaning Stocks Could Drop 17% or More

CNBC’s Jim Cramer says it’s too early to call a market bottom.

The Independent UK

Trump team makes it easier to invest 401(k)s in crypto. Some experts say that’s a bad idea

Rescinding Biden-era guidance on pension plan investments in crypto comes as vice president declares industry has ‘a champion and an ally in the White House’

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news in one place.

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Latin Times

Education Secretary Ridiculed After Failing to Explain Trump Admin's Criteria for Foreign Students: 'The I Don't Know Administration'

Education Secretary Linda McMahon's CNBC response inspired ridicule online as critics dubbed President Donald Trump's cabinet "The I Don't Know Administration."

Latin Times

Education Secretary: Universities 'In Sync' With the Trump Admin Can Continue Their Research

Education Secretary Linda McMahon said universities can keep federal research funding only if they align with Trump administration goals.

Fortune

Macy’s latest earnings show the CEO’s turnaround plan is working despite a looming tariff threat

Wall Street thinks it could have been much worse for the beleaguered department store chain.

We Got This Covered

‘They always say that. We want clarity’: Trump mocks desperate CEOs as his 50+ tariff reversals send markets into meltdown

50 flip-flops and counting.

International Business Times UK

While Walmart Buckles, Home Depot Holds the Line on Prices

Home Depot's bold move to absorb tariff costs and maintain prices sets it apart from competitors like Walmart. Can this retail giant win customer loyalty in a high-cost world?

InsideEVs

Cadillac's EVs Are Seriously Poaching Tesla Owners

About 8 out of 10 Cadillac EV buyers are new to the brand. Also, Honda wants to wait out the U.S. government and hope the trade situation improves.

InsideEVs

Elon Musk Claims 'Major Rebound' After Disappointing Tesla Sales

Elon Musk said people don’t care about the political views of a company’s CEO. The numbers say otherwise.

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