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The Latest Breaking News from CNBC

Microsoft Joins Other Investors In Raising Funds For This Blockchain Start-up

Blockchain start-up ConsenSys raised $450 million in a new round of funding that more than doubled its valuation to $7 billion, CNBC reports. Joseph Lubin founded ConsenSys. Lubin was also the co-founder of Ethereum, the blockchain platform behind ether, the second-biggest cryptocurrency. ConsenSys' most popular products include the MetaMask cryptocurrency wallet and Infura,…

Morning Brief: Top Stories Dominating Financial Media on Tuesday, March 15

Morning Brief: Top Stories Dominating Financial Media on Tuesday, March 15

CNBC China's Fintech Specialist Sees Digital Yuan Challenging US Dollar

CNBC's Final Trades: Interactive Brokers, Abbott Laboratories, Apple And This REIT Stock

CNBC's Final Trades: Interactive Brokers, Abbott Laboratories, Apple And This REIT Stock

On CNBC’s “Halftime Report Final Trades,” Joseph Terranova of Virtus Investment Partners chose Interactive Brokers Group, Inc. (NASDAQ: IBKR) as his top pick.

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Lyft, GrubHub Follow Uber, Boost Gig Driver Pay

Lyft Inc(NASDAQ:LYFT) admitted adding a temporary surcharge on its rides to help drivers deal with surging gas prices, CNBC reports. The Uber Technologies Inc(NYSE:UBER) competitor did not elaborate much on surcharge. Food-delivery marketplace GrubHub Inc (NASDAQ:GRUB) also boosted the pay for its gig drivers, Bloomberg reports. Related Content: Uber Adds Surcharge To Help Drivers Bear…

China's Fintech Specialist Sees Digital Yuan Challenging US Dollar

Richard Turrin sees China's nascent digital yuan challenging the U.S. dollar's dominance of international trade settlements in the next decade, CNBC reports. Turin admitted that the world's second-largest economy was currently ahead in all financial technology by a decade while the U.S. would take "easily another five years" to get out…

Google Scores Poorly On Pay, Promotion As Per Internal Survey: CNBC

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's internal survey disclosed an unhappy workforce regarding critical issues like pay package and an ability to accomplish career goals, CNBC reports. Contrastingly, Google's mission and values fetched the highest scores. CEO Sundar Pichai won a favorable rating of 86% with less-flattering responses to specific Pichai questions.…

Tesla Has Been Buying Aluminum From Russian Supplier Founded By Sanctioned Oligarch Since 2020, Report Says

Tesla Inc (NASDAQ: TSLA) has supply-chain ties with Russia, CNBC reported on Monday, citing internal documents.

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U.S. to keep up economic pressure on Russia -Treasury's Adeyemo

U.S. to keep up economic pressure on Russia -Treasury's Adeyemo

The United States will continue take actions to put pressure on Russia's economy and take away resources from Russian President Vladimir Putin's invasion of Ukraine, Deputy U.S. Treasury Secretary Wally Adeyemo told CNBC on Monday.

Morning Brief: Top Stories Dominating Financial Media on Monday, March 14

Morning Brief: Top Stories Dominating Financial Media on Monday, March 14

All The Stocks That Moved Friday From CNBC's 'Fast Money: Halftime Report'

All The Stocks That Moved Friday From CNBC's 'Fast Money: Halftime Report'

CNBC’s ‘Fast Money: Halftime Report’ delivers market-moving news to investors. The commentary often moves the stocks mentioned. The information is collected and refined using Benzinga Pro’s News Tool. Benzinga Pro users can access this information by using the News tool in any workstation.

JPMorgan Downgrades Chevron, But This Investor Doesn't See Good Reason To Sell The 'Juggernaut'

JPMorgan Downgrades Chevron, But This Investor Doesn't See Good Reason To Sell The 'Juggernaut'

Chevron Corp (NYSE: CVX) was featured as the call of the day Friday on CNBC's "Fast Money Halftime Report."

Rivian Q4 2021 Financial Results Considered "Unimpressive"

Rivian Q4 2021 Financial Results Considered "Unimpressive"

Rivian announced its financial results for the fourth quarter of 2021 and full year, but the report was considered "unimpressive" by CNBC's Phil LeBeau.

Morning Brief: Top Stories Dominating Financial Media on Friday, March 11

Morning Brief: Top Stories Dominating Financial Media on Friday, March 11

CNBC's Final Trades: Transocean, American Express, Amazon And This Regional Bank That Will Benefit From Rising Rates

On CNBC’s “Halftime Report Final Trades,” Pete Najarian said he expects Transocean LTD (NYSE: RIG) to “go higher.”

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EU, UK Launches Antitrust Investigations On Google, Meta

EU and U.K. antitrust regulators launched parallel investigations into Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Google and Facebook parent Meta Platforms Inc (NASDAQ:FB) over a 2018 ad deal, CNBC reports. The European Commission and the U.K.’s Competition and Markets Authority investigated whether the pact between the two tech giants dubbed “Jedi Blue” squeezed competitors out of…

CNBC's Final Trades: Sherwin-Williams, American Express, Merck, Energy And This Logistics Stock

On CNBC’s “Halftime Report Final Trades,” Brenda Vingiello of Sand Hill Global Advisors said Sherwin-Williams Co’s (NYSE: SHW) stock has lost 30% year-to-date and the company

Morning Brief: Top Stories Dominating Financial Media On Thursday, March 10th

$17B Worth NFTs Traded In 2021, More Players Could Join After Visa, Nike: CNBC

The trading in NFTs hit $17.6 billion in 2021, up 21,000% year-on-year, NFT data company Nonfungible.com reports.

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Cyber Hackers Target Vodafone After Breaching Nvidia, Samsung

Vodafone Group PLC (NASDAQ:VOD) is investigating Lapsus$' claims of a data breach, CNBC reports. The group noted for breaching Samsung Electronics Co Ltd's (OTC:SSNLF) source codes of Galaxy-branded devices, threatened to leak Vodafone's source code. In February, the group also accepted responsibility for NVIDIA Corp's (NASDAQ:NVDA) data breach. On March 7, the group initiated a poll on the Telegram…

Tesla To Pay Ukrainian Employees Up To 3 Months Of Pay If Called To Defend Their Country: Report

Tesla Inc (NASDAQ: TSLA) will pay its Ukrainian employees at least three months of their salary if they are called to defend their country amid the ongoing war with Russia, CNBC rep

Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

In late February, Amazon.com Inc (NASDAQ:AMZN) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division's employees with more extended shifts, CNBC reports. Whole Foods' recent job post disclosed that the schedules would be made three weeks in advance and cover two-week periods. The job post contradicted Amazon…

CNBC's Final Trades: Kinder Morgan, PayPal Holdings, Meta Platforms And More

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said Grayscale Bitcoin Trust (OTC: GBTC) was trading at a 30% discount to Bitcoin.

Morning Brief: Top Stories Dominating Financial Media On Wednesday, March 9th

Microsoft CFO Stressed On The Importance Of Windows: CNBC

Microsoft Corp (NASDAQ:MSFT) CFO highlighted the success of Windows, which held ~80% share of the market in 2021, compared to ~11% for Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google-backed Chrome OS, and 8% for Apple Inc's (NASDAQ:AAPL) MacOS, CNBC reports. Amy Hood emphasized that Windows still earned Microsoft tens of billions of dollars per year in highly profitable…

High Possibility Of Recession If Oil Prices Continue To Surge: CNBC

Analysts have cautioned that the U.S.

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