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The Latest Breaking News from CNBC

Big banks sued for alleged Zelle fraud

The federal government says the banks failed to investigate cases and reimburse consumers

Salon · Dec 20, 2024

Fed's Favored Inflation Gauge Rises Again In November

The Federal Reserve's preferred inflation measure rose for a second straight month in November, according to government data published Friday, although the increase came in a touch below expectations.

International Business Times · Dec 20, 2024

Billionaires bought big in 2024

The wealth of the world's richest jumped to $14 trillion over the past year. Here's what they splurged on

Salon · Dec 20, 2024

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Cathie Wood's Journey From Wall Street Royalty to Being Villainized By the Media: “In Early 2021, We Could Do No Wrong” But Now "We Can Do Nothing Right According to the Media"

Cathie Wood, the founder and CEO of ARK Invest, is as well-known for her visionary investment strategies. Despite her frequent appearance amongst headlines, she says that was never her intention and she has been reluctant to embrace the spotlight that often accompanies her success. In a CNBC interview, Wood shared...

Barchart · Dec 19, 2024

Cathie Woods Journey From Wallstreet Royalty to Being Villanized By the Media, “In Early 2021, We Could Do No Wrong” But Now "We Can Do Nothing Right According to the Media"

Barchart · Dec 19, 2024

The Nissan-Honda Crisis, Explained

The news sent shockwaves across the auto industry, Wall Street and even the consumer space: Struggling Japanese automaker Nissan may merge with considerably less struggling Japanese automaker Honda. If you own, have owned or are a fan of either brand, this may come as a total surprise to you, and…

InsideEVs · Dec 18, 2024

Hundreds of OpenAI's current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale

A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.

Fortune · Dec 18, 2024

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Walmart Starts Putting Body Cameras on Employees to Combat Escalating Customer Rage

An undisclosed number of Walmart locations are testing whether the body cameras curb retail violence.

Latin Times · Dec 17, 2024

The financial worry of Gen X parents

More than half said they're concerned their children won't be financially independent adults

Salon · Dec 17, 2024

Walmart is experimenting with body cameras for employees—like the ones used by cops—to ward off 'unprecedented levels' of shopper violence

Walmart is piloting a program at select stores where employees are required to wear body cameras.

Fortune · Dec 17, 2024

As dealers trash his legacy, ex–Stellantis CEO Carlos Tavares has no regrets

Carlos Tavares has no regrets about his premature exit from troubled automaker Stellantis.

Fortune · Dec 16, 2024

FBI warns Apple and Android users to avoid RCS messaging — here's why

RCS communications between Apple and Android devices still lack end-to-end encyption, leading to the FBI warning US users to look elsewhere.

Tom’s Guide · Dec 16, 2024

Elon Musk Claims He Can Build $20bn Tunnel That Takes People From NYC To London In 54 Minutes

Elon Musk hints at a revolutionary underground tunnel that could take passengers from London to New York in less than an hour. The post Elon Musk Claims He Can Build $20bn Tunnel That Takes People From NYC To London In 54 Minutes first appeared on Bored Panda.

Bored Panda · Dec 16, 2024

Bitcoin price hits new all-time high after Trump confirms BTC federal reserve plan

Latest crypto record pushes bitcoin’s market cap above $2 trillion

The Independent UK · Dec 16, 2024

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Fortune · Dec 14, 2024

OpenAI whistleblower found dead in San Francisco apartment after taking his own life

"We are devastated to learn of this incredibly sad news and our hearts go out to Suchir’s loved ones during this difficult time," OpenAI said in a statement.

Latin Times · Dec 13, 2024

Oscar Health CEO Blames High Denial Rates On Employer-Sponsored Insurance In Wake of Brian Thompson Assassination

The former Aetna CEO claimed individual plans are the best path forward for Americans

Fortune · Dec 12, 2024

CNBC reportedly plans to launch a streaming service

Stand-alone service is set to launch in the first quarter of 2025.

TechRadar · Dec 12, 2024

Comcast plans to launch another streaming service in 2025 – here's what that means for Peacock

There's big changes coming to Comcast in 2025, including a new streaming service that could be bad news for Peacock subscribers.

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Motor1 · Dec 10, 2024

'Everybody Wanted to Keep the Hemi' Except Stellantis Ex-CEO Tavares, Sources Say

Carlos Tavares is gone as Stellantis' CEO, and in the aftermath of his resignation, a number of company insiders have come forward to provide an autopsy on his time as chief executive. It's not pretty, but one part of the saga is particularly jarring. “Everybody wanted to keep [Hemi],” a source…

International Business Times · Dec 9, 2024

Bank Of America Says US Labor Market Is Stagnant: 'Low-Hire, Low-Fire'

The 51% of workers who want a new job may have to wait a while — but they probably won't get laid off in the meantime.

Benzinga · Dec 9, 2024

Jim Cramer: Exxon Is 'Overvalued' Versus Rival Oil Giant, Avoid Lumen Technologies

On CNBC's "Mad Money Lightning Round," Jim Cramer said Exxon Mobil Corporation is "overvalued" versus Chevron.

International Business Times UK · Dec 9, 2024

Shark Tank's Kevin O'Leary, Dodgers CEO Among Investors Eyeing TikTok Purchase and Revamp

A US court could ban TikTok if its Chinese parent company doesn't sell its stake. Several billionaires have expressed interest in acquiring the platform.

Benzinga · Dec 6, 2024

Jim Cramer Makes Ralph Lauren Prediction, SoundHound AI Finally 'Broke Out'

On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes Ralph Lauren, which reported better-than-expected earnings.

Latin Times · Dec 6, 2024

JetBlue Cuts Unprofitable Domestic and Transatlantic Routes, Will End Service From JFK to Miami

The airline will also reduce service from JFK to Austin, Texas and end its second daily flight from JFK to Paris.

Sports Illustrated · Dec 6, 2024

Business of Football: NFL Owners Fully Embrace Private Equity Funding

NFL owners are turning to private equity investors to raise capital, adding even more value to their franchises.

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