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The Latest Breaking News from CNBC

Consumers have been propping up the U.S. economy when no one else could—now the debts are being called and they can’t pay their bills

Americans’ credit card balances have hit a record high.

Fortune

'The wizard vs. the illusionist': Bob Iger faces another challenge as ex-Disney employees join activist investor Nelson Peltz in a personal vendetta against the iconic CEO

Trian's Nelson Peltz is going after Bob Iger for the second time this year in a bid to get a seat on Disney's board.

Fortune

Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant

The banking titan could lay off thousands of staffers.

Fortune

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Rory McIlroy ‘Sincerely’ Hopes For PGA Tour/PIF Deal To ‘Bring The Game Of Golf Back Together’

The four-time Major winner told CNBC’s Halftime Report he hopes for a deal between the PGA Tour and PIF

Golf Monthly

Wall Street titans Larry Fink and Jamie Dimon say ‘rising fear and less hope’ are pushing the chances of a recession higher

JPMorgan CEO Dimon warned that the world is facing the “most serious” geopolitical instability since 1938.

Fortune

Robert Card: What we know about the suspect in Maine mass shooting

The body of 40-year-old Army reservist Robert Card has been found after a two-day manhunt. Mike Bedigan, Maroosha Muzaffar and Richard Hall report on what we know about the suspect in the Lewiston mass shooting. WARNING: Disturbing images

The Independent UK

'Bond King' Jeffrey Gundlach warns higher-for-longer interest rates could trigger the next Financial Crisis—and advises investors to ‘T-Bill and Chill’

Gundlach predicted a recession was likely to hit the U.S. within a matter of months.

Fortune

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Robert Card: What we know about the suspect in Maine mass shooting

The Independent UK

Warren Buffett's trusted lieutenant Charlie Munger ecstatic over $6 billion investment in Japan: ‘Like having God just opening a chest and just pouring money into it'

Berkshire Hathaway has minority stakes in five Japanese holding companies that have yielded more than 90% returns over three years.

Fortune

Robert Card: What we know about the suspect in Maine mass shooting

The Independent UK

Buffett’s Bitcoin Criticism Backfires As Cryptocurrency Outperforms Berkshire Hathaway

Investors who defied Warren Buffett's advice and bought Bitcoin have seen a 246.3% return, outperforming Berkshire Hathaway.

Zenger

Robert Card: What we know about the suspect in Maine mass shooting

The Independent UK

Robert Card: What we know about the suspect in Maine mass shooting

The body of 40-year-old Army Reservist Robert Card has been found after a two-day manhunt. Mike Bedigan, Maroosha Muzaffar and Richard Hall report on what we know about the suspect in the Lewiston mass shooting. WARNING: Disturbing images

The Independent UK

OLD Robert Card: What we know about the suspect in Maine mass shooting

An arrest warrant has been issued for 40-year-old Army Reservist Robert Card. Mike Bedigan, Maroosha Muzaffar and Richard Hall report on what we know about the suspect in the Lewiston mass shooting. WARNING: Disturbing images

The Independent UK

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Zenger

42 Attorneys General Unite To Sue Meta Platforms Over Addictive Features Targeting Young Users

Meta faces legal challenges as attorneys general allege intentional design to retain young users

Pedestrian.tv

Calling All Gamers: Turns Out Less Than 1% Of Netflix Subscribers Use This Little-Known Perk

Hello Kitty, is that you?

The Independent UK

The booming business of F1 to be explored in CNBC documentary airing ahead of Las Vegas Grand Prix

Formula One fanatics will get more behind-the-scenes access to the global motorsports series through a new CNBC documentary that explores the business aspects of the highest form of racing in the world

Fortune

Bank of America warned consumers they would be pushed to the 'point of pain', CEO Brian Moynihan says we've now reached that point

Brian Moynihan, the CEO of Bank of America, said although consumers are buying less, some families are beginning to spend more than they're bringing in.

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Fortune

LVMH boss Bernard Arnault has just lost his spot as the world’s second-richest person to Amazon founder Jeff Bezos

LVMH CEO Bernard Arnault has seen his wealth overtaken by that of Amazon founder Jeff Bezos.

Fortune

Tragedy strikes Israeli and Palestinian tech workers

From murdered colleagues to bombed-out accelerators, this has been a painful month for tech in Israel and Gaza.

Zenger

Plug Power Struggles As Investor Frustration Grows

Shares of fuel-cell energy company languish despite promising potential, prompting concerns

Fortune

‘Everybody looks back at the oil crisis of 1973, but this is so different’: Experts don’t see disaster ahead—with a big if attached

Daniel Yergin, vice chairman of S&P Global, says the Israel-Hamas war is a "geopolitical risk," but a crisis requires another shoe dropping.

Fortune

American consumers are taking their foot off the spending pedal as bargain prices become rarer, former Walmart US CEO says

Bill Simon, who led the retail giant for four years, said there is one subtle sign that retailers are no longer offering ultra-competitive prices.

Zenger

Rivian Shares Plunge 23% On Debt Offering, Analysts Divided On Overreaction

Future Fund's Gary Black calls selloff 'way overdone', while CNBC's Jim Cramer expresses concerns

Zenger

Rivian CEO Scaringe Talks Competition And Strong Demand In EV Market

Rivian CEO Scaringe discusses rising competition in EV market and strong demand for their vehicles.

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