Walmart stock tumbles 9% after outlook disappoints Wall Street
Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.
Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try
Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys.
AI data center outrage is showing up everywhere from ads to elections
With less than three months until the midterm elections, opposition to AI data centers is becoming a bipartisan rallying cry in a growing number of states.
Warsh faces Fed independence test as Bessent moves in on central bank's turf
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
Hyundai considering U.S. production increase at new Georgia plant, CEO tells CNBC
The potential capacity increase would be part of Hyundai's plan to invest $26 billion in the U.S. through 2028, Hyundai CEO José Muñoz told CNBC.
California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'
California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber.
Bessent says U.S. likely won't restart large-scale Iran combat as it steps up economic pressure
Bessent and President Donald Trump unveiled the economic operation nearly six months into the Iran war, which continues without a clear end in sight.
How Micron's $50 billion Boise buildout is reshaping its hometown
Micron's AI-fueled rise and expansion are creating jobs and wealth in Boise, Idaho, while adding pressure to housing, traffic and the city's identity.
Arctos agrees to buy 10% of Atlanta Falcons at $10.6 billion valuation, sources say
Private equity firm Arctos has agreed to buy 10% of the Atlanta Falcons in a deal with an enterprise value of $10.6 billion, two sources told CNBC.
The Los Angeles Lakers sold for $12.5 billion. Here’s what every NBA team is now worth
The pending $12.5 billion Lakers sale would lift CNBC’s average NBA team valuation 21% to $6.68 billion, with the Warriors still No. 1.
Call-buying bonanza around Trump's Hyperliquid comments includes some eyebrow-raising trades
President Donald Trump hinted that regulation may be in the works for Hyperliquid. Interesting trading activity followed.
Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back
Many borrowers pursuing Public Service Loan Forgiveness have recently learned that they're further away from debt cancellation than they'd expected.
Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked
Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.
Bitcoin surges 12% in two days as Trump, crypto execs lead last ditch effort for Clarity Act
Bitcoin is trading at its highest levels since early June as crypto execs joined with President Donald Trump push to get the Clarity Act over the finish line.
Where commercial real estate demand is the highest, according to new data
The National Association of Realtors has released a new index that uses factors in local economies to indicate future demand.
Hyundai's new flagship vehicle is a large luxury Genesis EV
The GV90 features a new design direction for Genesis and expands the Hyundai brand's lineup to seven vehicles in the U.S.
Gatekeeping bots, piles of slop: Welcome to the age of AI weirdness at work
AI has changed jobs and businesses, but it's also creating bottlenecks, confusion and downright awkward encounters for humans in the workplace.
A rare stumble at TJX has Wall Street spooked. We see a buying opportunity
We trust the off-price retailer is already fixing its problems.
Treasury proposes low-cost investment rules for Trump Accounts
The Treasury Department has issued new Trump Account guidance, emphasizing low-cost investments.
U.S. sports fans spend about $2,000 a year on their favorite teams—many find themselves in debt as a result
As football season approaches, many Americans are planning to take on debt to pay for tickets, memorabilia, parlays and more.
Alibaba shares fall 5% as AI spending drives 75% drop in net income
Alibaba's U.S. listed shares were volatile in premarket trading after posting a 75% drop in net income in the June quarter.
How wealthy families can prepare for aging parents and avoid a succession crisis
Relatively few wealthy families are addressing the question of when an aging parent should give up control, advisors and lawyers told CNBC.
Oil prices rise after Treasury Secretary says U.S. will collapse Iran with economic pressure
Oil moved higher Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran.