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on 08/06/2026

Iran's Hormuz Strait plan reportedly blocks U.S., Israeli ships; U.S. rejects any 'impediments'

The U.S. appeared to quickly reject the terms of an Iranian draft plan that would open the Strait of Hormuz to ships except those from the U.S. and Israel.

on 08/06/2026

Copper jumps to its highest level ever. What the metal is telling us

Once a reliable gauge if economic health, "Dr. Copper" may be giving complicated signals this year.

on 08/06/2026

SpaceX stock could face further pressure as first batch of shares unlock since IPO

With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure.

on 08/06/2026

The July jobs numbers are due out Friday. Here's what to expect

Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.

on 08/06/2026

Analysis: Trump treats Fed Chairman Kevin Warsh as an ally. That creates economic risks

Trump's reported phone calls to the Fed chairman will complicate his efforts to prove he will act independently on inflation and interest rates.

on 08/06/2026

Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

Airbnb said it's seeing strong demand "across all regions", contributing to the company's better-than-expected forecast.

on 08/06/2026

American Airlines will stop upgrading elite flyers to business from coach on long domestic flights

American Airlines will no longer give elite frequent flyers free upgrades from economy class to business on some of its longest domestic routes

on 08/06/2026

Fox won't renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says

Fox has decided not to renegotiate its current TV deal with the NFL until the expiration of the league's opt-out clause in 2030, said CEO Lachlan Murdoch.

on 08/05/2026

Hollywood is cranking out billion-dollar movies again. 'Spider-Man' just joined the ranks

Box office analysts say the resurgence of billion-dollar releases bodes well for a film industry that's still chasing pre-Covid levels, even with higher prices.

on 08/06/2026

Grindr's AI spend is paying off and its pricey new tier has had some surprises, CEO says

Grindr says AI is boosting engineering productivity, supporting a new $350/month premium tier and driving stronger subscriber growth and retention.

on 08/06/2026

Virginia governor to intervene in NextEra, Dominion merger over electricity price concerns

Virginia's State Corporation Commission is tasked with reviewing the deal and will either accept, reject or impose conditions on it.

on 08/06/2026

Sen. Mitch McConnell says he's left rehab, will work from home

"On the advice of my doctors, I'll maintain an intensive regimen of physical therapy from home during the state work period," the 84-year-old McConnell said.

on 08/06/2026

Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales

The salad chain has not been implicated in the ongoing cyclospora outbreak.

on 08/06/2026

AMD buys chip startup that hardwires AI models into its silicon

Taalas' current chip runs a small version of Meta's Llama 3.1, though the company is working on chips for bigger and more advanced models.

on 08/06/2026

Savers Value Village thrift store launches new AI tool to price items

Savers Value Village is launching a new AI pricing tool to keep product prices consistent and low, the company told CNBC exclusively.

on 08/06/2026

SpaceX shares passed a key test Thursday. Now sophisticated traders are betting the bottom may be in

Shares of Elon Musk's rocket company were trading higher in Thursday's session even as a key lock-up provision expired.

on 08/06/2026

Big Tech's free cash flow — or lack thereof — only tells part of the investment story

Hyperscalers are still reporting impressive growth in operating cash flow.

on 08/06/2026

Gas prices could remain high this fall even if crude prices stabilize. Here's why

The refining market is very tight due to the Ukraine and Iran wars, keeping gas prices elevated even as crude prices fall.

on 08/06/2026

United Wholesale Mortgage plunges 35% after suspending dividend and raising capital

"We're taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come," CEO Mat Ishbia said in a statement.

on 08/06/2026

Ford's new 'Fathom' electric pickup truck will start at $28,000

It's the first vehicle to be built using the "Universal Electric Vehicle" platform that Ford has said is key to making money with EVs.

on 08/06/2026

Trump wins last-minute reprieve temporarily blocking BBC access to his business records

Trump sued the BBC for $10 billion, alleging its 2024 “Panorama” documentary about the Jan. 6, 2021, Capitol attack defamed him.

on 08/06/2026

Rep. Jim Jordan, House Republicans raise alarms over new South Korean 'fake news' law

GOP members of the House Judiciary Committee on Thursday sent a letter to South Korean regulators raising concerns about a law they say will lead to censorship.

on 08/05/2026

SpaceX ramps up Tesla Megapack purchases in Q2 to power its AI data centers

SpaceX is using Tesla's big Megapack backup batteries to help power its Colossus AI data centers in Greater Memphis.

on 08/06/2026

'AI Kill Switch' bill needs to be passed this year amid ongoing rogue agent hacks, Rep. Lieu says

Anthropic, Meta and OpenAI have all had incidents of AI models hacking other companies during cybersecurity testing.