U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
World's biggest sovereign wealth fund plans to cut U.S. Treasury holdings
Norway's $2.3 trillion investment fund says it can diversify into new areas with greater risk and returns.
Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries
Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.
U.S. 'Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing
The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of Hormuz.
Lululemon stock plunges 20% on disappointing earnings and outlook
Lululemon posted another quarter of disappointing results and a sales slowdown as the company struggles to turn its business around.
Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC
In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken "a step too far" with its market intervention.
Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips
Nvidia’s $12.9 billion Hugging Face deal could protect its open AI ecosystem, deepen ties with developers and keep the platform from rivals.
Argentina's Milei escalates Falklands dispute as Trump questions U.S. support for Britain
Argentina's President Javier Milei has renewed the country's claim to the Falkland Islands and threatened sanctions on oil companies.
2-year yield rises to highest since January 2025 after hot jobs report boosts expectations that the Fed could raise rates
Treasury yields rose as the hot jobs report along with sticky inflation may give the Fed more cover to hike interest rates in September.
THC drinks could soon be harder to find as Congress delays hemp ban again
THC drinks are booming as an alcohol alternative, but a looming federal crackdown is squeezing makers, distributors and consumers.
The big business of personal protection: How private security became a $50 billion industry
Private security spending and guard employment have climbed as companies and communities respond to high-profile attacks, even as violent crime falls.
Here are our top 10 things to watch in the stock market Friday
Bond yields jumped and stocks dipped after a strong August jobs report.
The wealth of the world's billionaires reached $15.1 trillion last year, per a new report
The global billionaire count hit a record of 3,795 people last year, with the biggest wealth gains for the richest of the rich, per a recent Altrata report.
Gloria Steinem hosted salons in her living room for decades—how to gather for conversation and connection, says expert
Steinem's living room "cracked open opportunities to lend support, let ideas flow, and build trust face-to-face," says journalist and author Allison Gilbert, founder of More Connected.
Bitcoin heads for third winning week in a row as macro pressures mount
Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets.
Volkswagen plans 50,000 job cuts as analysts see ‘halo effect’ for German auto industry
Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.
Vance says Fed should lower interest rates: 'Would be nice to have some help'
Vice President J.D. Vance's remarks came less than two weeks before the Federal Open Market Committee is set to convene and decide whether to adjust rates.
Trump-promoted Freedom Fuel expands to Detroit as lawsuit over supplier's unpaid fuel heats up
Freedom Fuel won free publicity when President Donald Trump urged other gas retailers to emulate its low prices in July.
Carney claps back at Lutnick, says Canada will resume trade talks 'when the Americans are ready'
Canada has retaliated against President Donald Trump's 50% tariffs with "dollar for dollar" duties on U.S. goods, which are set to take effect next week.
Adobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen
Adobe announced Anil Chakravarthy as its next CEO, replacing Shantanu Narayen, who announced his departure last March.
Trump admin targets tax-exempt status at private colleges — threatening a key tax break for donations
The Treasury has proposed regulations that would strip thousands of private schools of their tax-exempt status and threaten a valuable tax break for donations.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
Microsoft to impose time limits on Xbox cloud gaming subscribers as costs continue to climb
Xbox Game Pass subscribers will have cloud gaming capped starting in November.
The inflation genie could be out of the bottle — and bond markets are sounding the alarm
Global bond yields have surged as investors assess whether rising debt, tariffs, defense spending and energy shocks could keep inflation higher for longer.