Hassett's Fed chair candidacy received pushback from high-level people close to Trump, sources say
There's concern that the National Economic Council director is too close to the president.
FDA approved a $250,000 Singapore work trip during government shutdown, records show
The FDA sent 31 staffers to a Singapore conference during the shutdown, records show, raising questions of optics, spending and the agency's strained resources.
Trump admin to hire 1,000 specialists for 'Tech Force' to build AI, finance projects
A slew of tech giants, including Amazon Web Services, Apple, Google Public Sector, Dell Technologies, Microsoft, Nvidia and OpenAI, are listed as partners.
Trump slams Rob Reiner after killing; director's son Nick in custody
Rob Reiner was a staunch Trump critic, recently saying, "we have a year before this country becomes a full-on autocracy, and democracy completely leaves us."
High cost of goods is causing consumers to spend less for the holidays, CNBC survey finds
The latest CNBC All-America Economic Survey found the high cost of goods has emerged as a major factor affecting how much shoppers spend and where they spend.
Palantir CIO Jim Siders leaves to become head of Thrive's new IT services business
Siders spent more than 12 years at Palantir, recently overseeing its global IT operations, business applications and infrastructure.
From puppies to superheroes, Chinese AI toys are bringing hugs — and hesitation
China's AI toy industry is growing as Beijing pushes companies and consumers to integrate the technology.
Ukraine gives up joining NATO in bid to shift the dial in Russia peace talks
Russia's opposition made NATO membership unlikely for Ukraine, but it's a major policy shift to publicly abandon the goal.
Goldman Sachs makes big bet on ETFs specializing in downside protection
Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — which use options to help protect against market losses.
MacKenzie Scott announced another $7.1 billion in 2025 charitable donations—she's now given away $26.3 billion since 2019
Billionaire philanthropist MacKenzie Scott's 2025 donations went to a wide range of nonprofits, including several historically Black colleges and universities.
Trump wants the U.S. shipbuilding industry to be great again. Here's what it will take, and what's at stake
President Donald Trump is promising a U.S. shipbuilding renaissance to rival China, but it will not happen overnight and will require allies.
CEO of 25 years: I ditched this toxic mindset to become a better boss—'my job was not to command and control'
Garry Ridge thought that being a commanding boss would make him successful, he said during a podcast appearance — until a professor changed his mind.
We're downgrading a retail stock – plus, Evercore initiates 2 stocks with buys
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
'Stranger Things' ushered in a new era for Netflix
A lot has changed since its first season in 2016, as Netflix has announced dozens of "Stranger Things" partnerships and collaborations with brands.
ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports
Software company ServiceNow is in advanced discussions to acquire Armis, a cybersecurity startup last valued at $6.1 billion.
Financial fraud cost older adults up to $81.5 billion in 2024, FTC estimates — more are losing at least $100,000
From 2020 to 2024, the 60-plus age group's reported losses have jumped 300% to $2.4 billion from $600 million, according to the Federal Trade Commission.
End of 'The Berkshire Way'? Combs' departure isn't only big change as Buffett transition nears
There were several additional personnel changes in Monday's three-page news release that signal the company is moving toward a more conventional structure.
Some student loan borrowers pay 'more than necessary,' advisor says. What to know about relief programs
Many federal student loan borrowers surveyed said they don't know about income-driven repayment plans or the Public Service Loan Forgiveness program.
China's retail sales growth sharply misses estimates in November, deepening consumption worries
China's retail sales growth and industrial production missed estimates in November while investment, including in property, declined more than expected.
Hong Kong court finds pro-democracy activist Jimmy Lai guilty of sedition and collusion with foreign forces
The 78-year-old was charged under Hong Kong's controversial national security law, enacted by Beijing in 2020.
Trump says 'no big deal' after Jeffrey Epstein photos showing him released
Democrats on the House Oversight Committee released the photos to pressure the Trump administration to release files about Jeffrey Epstein.
To justify martial law, former South Korean President Yoon tried to provoke North Korea, prosecutors say
Yoon and his military commanders tried to lure North Korea into mounting an armed aggression against the South, thereby creating grounds for martial law imposition.
Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market
As OpenAI turns 10, the former nonprofit AI lab is at the center of a roughly $1.4 trillion bet on AI infrastructure.
Powerball jackpot hits $1 billion—experts say to avoid these 5 mistakes if you win: 'You will be in an emotional state for a while'
Hitting a massive jackpot is thrilling, but the choices you make right after the win can put your wealth at risk.