Inside the Chinese fraud rings stealing billions from banks and retailers
Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.
Economic outlook is worsening and Trump is getting blamed, CNBC survey finds
The public is as depressed about the economy as it has been since the years just after the pandemic, according to the All-America Economic Survey.
Epstein victims blast Trump attorney general nominee Todd Blanche after meeting
"Todd Blanche treated the meeting as a mere 'check-the-box' exercise intended to secure votes for his confirmation," said Epstein survivor Dani Bensky.
Anthropic in early talks with Meta to acquire compute power
The talks come weeks after Anthropic announced a similar deal with Elon Musk's SpaceX to use the computing capacity at its Colossus 1 data center
The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don't expect a long-term impact
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
Retail and Wall Street are underwater on SpaceX — but not going down without a fight
Good times for SpaceX are proving short-lived as Elon Musk’s intergalactic IPO is now giving fodder to bears.
Amazon's Zoox issues software recall after robotaxi drove into heavy smoke
Last month, an unoccupied Zoox robotaxi drove into an active emergency fire scene that was clouded with smoke, the company said.
Apple, Nvidia vie for title of world's most valuable company
Nvidia shares have underperformed in 2026 as Wall Street shifts to companies powering the infrastructure AI buildout.
Democratic socialists top MAGA candidates among voters in CNBC's All-America poll
The survey's findings come as democratic socialist candidates win Democratic primaries following the 2025 election of New York City Mayor Zohran Mamdani.
California's billionaire tax: What's at risk for the biggest state economy in America
California's billionaire tax would generate quick revenue, but Norway's example shows the longer-term economic impact of targeting the wealthy is unclear.
Netflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates
The streaming giant said it would cut back on the frequency of its "What We Watched" reports, which provide a picture of engagement.
How big is the great wealth transfer? It could be over $100 trillion or $36 trillion
Two studies have raised new questions about the size and impact of the coming great wealth transfer.
Iran says civilian infrastructure hit by latest U.S. strikes, expands attacks to Syria, Bahrain
The escalating standoff comes as the fragile truce signed by the U.S. and Iran last month showed further signs of unravelling
Elon Musk's Memphis AI empire is the epicenter of the data center backlash
Data center-related policy proposals, protests and litigation are underway across the country citing Colossus and Memphis as a cautionary tale.
Homebuyer affordability slipped for fifth straight month, real estate index shows
With both home prices and mortgage rates climbing since earlier this year, affording a home has become harder, according to a housing affordability index.
Obscure volatility measure points to a 'Magnificent Seven’ earnings breakout
If the S&P 500 is to make a new record, it may require the "Magnificent Seven" to get back into gear.
Chinese startup Moonshot AI unveils Kimi model it says rivals OpenAI, Anthropic
It's the latest AI model from China to close the performance gap with leading U.S. AI labs.
Meta's latest move in the AI talent war — plus Cramer's 4 quick hits on the market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
SpaceX stock sinks after Starship test flight aborted, pacing for a six-day losing streak
SpaceX's stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
Microsoft's Nadella criticizes Anthropic's Fable for being 'editorially controlled'
Microsoft enjoys close ties to Anthropic, but it's also working to help companies refine models that keep their data private.
Trump doubles down on 2020 election claims in national address, alleging China meddling
Trump also repeated his calls for the Republican-led Congress to pass the "SAVE America Act," a controversial election bill that lacks support to pass.
World’s largest olive oil company says market has 'definitively' entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
ConocoPhillips to buy 42% stake in Iraqi unit from BP as U.S. seeks to weaken Iran's energy hold
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.
Fighter jet maker Saab smashes expectations as CEO urges procurement rethink
European governments ramp up defense spending and book orders with the region's companies.