Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund
Nike was expected to report another quarter of declining sales as the sneaker giant struggles to regain strength under its turnaround strategy.
Trump's annual financial disclosure shows more than $580M in crypto-related income
Trump's 927-page financial disclosure report for 2025 totals more than 900 pages detailing holdings in cryptocurrency and stocks.
Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter
Wall Street poured into chipmakers not named Nvidia in the second quarter, as the artificial intelligence boom expanded to include more suppliers.
Michael Burry says he's shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026
"Caterpillar jumped out at me," Burry said. "I have never shorted Caterpillar. It has always done great for me on the long side in the past."
Palo Alto, CrowdStrike both have best quarter ever as AI threats bolster cyber demand
The cybersecurity leaders are leaning into identity security, a critical cyber segment, as AI agents outnumber humans
Supreme Court upholds birthright citizenship, blocks Trump order
President Donald Trump attended oral arguments in the case, underscoring his staunch opposition to granting automatic citizenship to many immigrants' babies.
Anthropic launches AI drug discovery program, joining tech giants in betting on healthcare
Anthropic will start an internal drug discovery program, part of a new push to sell artificial intelligence tools to drugmakers.
Big egg producers settle price inflation probe with DOJ for 53 million eggs — and $3.3M
Cal-Maine Foods, Versova and Hickman's Egg Ranch agreed to settle allegations of price manipulation by the Department of Justice and 17 states.
AWS puts $1 billion into new AI unit to embed engineers with customers, joining growing wave
AWS FDEs will look to leave behind self-sufficient teams with new AI solutions and capabilities in a matter of weeks, the company said.
Do you really, really love your job? Then you're not alone, according to surprising results from this survey
Those surveyed showed a 78.9% rate of workers who "reported feeling positive at the end of their shifts."
Trump's massive defense budget, depleted war machine, spark U.S. state battle for business and jobs
Trump's huge defense budget request and a race to replenish weapons stocks while building hypersonic missiles lead to war between U.S. states for jobs.
American Airlines brings grab-and-go lounge to New York's JFK
American Airlines is opening a grab-and-go lounge at New York's JFK
Private equity in youth sports draws bipartisan scrutiny in Congress
Democratic and Republican members of Congress expressed alarm at the trend of private equity investment in youth sports.
FDA lets Philip Morris market Zyn nicotine pouches as less harmful than cigarettes
The Trump administration has expanded access to nicotine products despite concerns from public health critics about youth use and addiction.
Social Security gender gap means women receive about $4,800 less in annual benefits. What to know before claiming
Women tend to earn less and spend more time outside of the workforce, which may reduce their Social Security benefits. Here's what to consider before claiming.
GOP Rep. Tom Kean says depression diagnosis caused months-long absence from Congress
New Jersey Rep. Tom Kean said he was diagnosed with depression, explaining a months-long absence from Congress in a competitive district in the midterm elections.
Blue Origin pivots to redesigned launchpad after explosion in push to fly by end of 2026
Blue Origin won't be "rebuilding the same pad," and will instead adopt a configuration that was in development for a larger variant of its New Glenn rocket.
Trump administration expands list of graduate degrees subject to higher borrowing limits
Many graduate students will be subject to higher federal student loan caps than previously expected, after a court ruling last week. Here's what to know.
Wall Street says sell Goldman, buy Capital One. Here's where we stand
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Supreme Court strikes down limits on political parties' campaign spending, in win for GOP
President Donald Trump took a victory lap after the ruling, writing on Truth Social that it was "A BIG WIN FOR REPUBLICANS."
Cleveland Fed President Hammack says AI could fuel inflation, rate hikes may be necessary
"We've got inflation that's too high, and it's been too high for the past five years," Beth Hammack told CNBC's Sara Eisen.
Small-cap stocks enjoy their best first half in 35 years. Here's what's driving it
The advance marks a sharp turnaround after years of underperformance versus large-cap peers.
Brent posts biggest monthly decline since March 2020 as traders monitor U.S.-Iran talks
The moves come as oil traders monitor the prospect for U.S.-Iran talks in Doha on Tuesday.
Trump administration's AI crackdown opens door for China to close gap
The Trump administration's crackdown on Anthropic's leading artificial intelligence models is looking like a gift to China.