Here are the five big takeaways from Wednesday's Fed rate decision
The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave
Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.
Over $50 billion in under 24 hours: Why Big Tech is doubling down on investing in India
Despite being a laggard in some key areas of artificial intelligence, India is becoming a major investment destination for Big Tech companies.
AI defense booms in UK and Germany as new wave of billion-dollar startups emerge
The UK and Germany have become key hubs for defense startups in Europe and the U.S.
Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom
South Korea's SK Hynix is considering a U.S. listing as it grows in market cap and production capacity.
GOP lawmakers seek Trump aid for agricultural equipment after tariff pressure
Top lawmakers signaled that more federal help to farmers could be on the way, which could help tractor sales.
Trump says U.S. seized oil tanker off the coast of Venezuela
The White House has undertaken a large military buildup in the Caribbean and launched deadly strikes against boats that it claims were trafficking drugs.
What December's Fed rate cut means for your mortgage, credit card, auto loan, student debt and savings
From credit cards and car loans to mortgage rates, student loans and savings accounts, here's a look at the ways a Fed rate cut could affect your finances.
Trump to start final Fed chair interviews beginning with Kevin Warsh
President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer.
Asia-Pacific markets give up early gains after third Fed cut of the year
Australia started the day higher, while Japan and Hong Kong futures also show a strong open.
Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026
Quincey has led Coca-Cola since 2017, seeing the company through the Covid pandemic and a focus on healthier beverages.
Trump says Fed could have 'at least doubled' latest interest rate cut
Trump spoke during a meeting at the White House with business leaders including Dell CEO Michael Dell and the heads of Qualcomm and HP.
Cisco's stock closes at record for first time since dot-com peak in 2000
Cisco was at the center of the internet boom, but has a much different role in today's artificial intelligence craze.
Homeland Security Dept. buying Boeing 737s for ICE deportations
The Trump administration has aimed to deport 1 million immigrants from the United States in President Donald Trump's first year back in the White House.
Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November
Switzerland agreed to reduce tariffs on imports from the United States of fish, seafood, and some agricultural products under a trade deal announced last month.
Jim Cramer names stocks to buy in the wake of the Fed's rate cut
CNBC's Jim Cramer explains what the Fed's rate cuts means for stocks.
The market likes what it heard from the Fed — plus, Lilly's new $6B manufacturing investment
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
The Fed is the most divided it's been in more than six years
Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.
Southwest CEO says airline 'actively pursuing' network of airport lounges
Southwest's CEO said the carrier is weighing a network of airport lounges
Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows
The December survey shows 84% believe President Trump will tap Hassett, director of the National Economic Council, to head the central bank.
‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up
The company's Starcloud-1 satellite is running Gemma, an open model from Google, marking the first time in history that an LLM has been trained in outer space.
Trump admin touts pulling nearly 10,000 truckers off road for failing English tests
The Trump administration has drawn links between the surge in immigration under former President Joe Biden and road safety.
Teachers' union AFT slams crypto market bill, warns of 'profound risks' for America's retirement plans
American Federation of Teachers is urging senators to reconsider its crypto market structure bill which the union says will put Americans' retirement at risk.
Trump trade rep changes China soybean purchase timeline, cites 'discrepancy'
China for months earlier this year had boycotted purchasing soybeans from U.S. farms because of a trade war began by President Donald Trump.