Extreme heat wave threatens U.S. power grids and July 4 travel
The heat wave threatens to overwhelm U.S. grids and may force some to change their plans on one of the busiest travel weeks of the year.
Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
Venezuela quake toll climbs to 2,595 as damage estimates mount after strongest tremor in a century
Death toll from twin earthquakes that struck Venezuela jumped to 2,595, as rescue operations continued after the country's strongest tremors in over a century.
Kuaishou shares jump after Tencent joins $2.8 billion raise for Kling AI subsidiary
Kuaishou shares rose as much as 6.89% at Friday's Hong Kong market open before paring gains to trade around 0.75% higher.
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
Trump bought Apple, Nvidia and other tech giants before tariff reversal fueled rebound
The day before President Donald Trump walked back his tariff policy turned out to be one of his busiest days of 2025 for stock buying.
Rafael Nadal talks tennis prize money, his hotels, and what sports taught him about business
Rafael Nadal opened his fourth Zel hotel as he expands into hospitality, education and sports after retiring from tennis.
High-end camping and a capital raise: AutoCamp is banking on summer travel to fuel growth
AutoCamp offers Airstream suites, polished cabins, fire pits, design-forward amenities and access to iconic outdoor destinations.
Nvidia offers start-up customers chance to swap compute power for revenue share
Nvidia says it will give start-ups the chance to swap access to compute power for a slice of future profits under a new program aimed at AI-focused firms.
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
Jack Smith says he's 'very concerned what's going to happen next election' under Trump
Smith said that he could be indicted by the Department of Justice given Trump's animus toward him for prosecuting the president in two criminal cases.
Tesla stock sinks 7% despite strong deliveries report, posting worst day in nearly a year
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
Americans are paying record prices for steak. Here's why demand isn't cracking
Despite record beef prices, Americans aren't giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.
GE Vernova's gas turbines aren't the only way it's winning from the AI boom
Electrification secured $2.4 billion in data center equipment orders during the first quarter of 2026, beating the segment's total for all of 2025.
Saudi Arabia has ramped up oil shipments through the Strait of Hormuz since U.S.-Iran deal
Saudi Arabia is restarting its export logistics in the Persian Gulf after a three-month pause, according to Kpler.
Led by Buc-ee’s and new rival Dolly Parton, America’s gas station chains are in a mega-sizing era
Gas station chains led by Buc-ee's are coming closer to rivaling America's big box stores in size, and Dolly Parton is getting in on the retail trend.
Microsoft commits $2.5 billion and 6,000 employees to new AI implementation unit
Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.
Olympian David Hearn indicted in Reflecting Pool destruction of property case
President Donald Trump has made the renovation of the Reflecting Pool on the National Mall a top priority in his second year back in the White House.
Trump Accounts get a boost from employer contributions — Goldman Sachs and Morgan Stanley are the latest to offer matching programs
The growing list of companies that will match contributions to Trump Accounts for their employees now includes Goldman Sachs and Morgan Stanley.
Sandwich chain Jersey Mike's files for IPO, reports 50% same-store sales growth in recent years
Jersey Mike's has nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.
Levi's, The North Face and Columbia are turning to women to fuel their next phase of growth
Legacy apparel brands including VF Corp., Levi's, and Columbia are investing more heavily in women's products and marketing.
Married Americans tend to be wealthier and happier. Gen Z is forgoing the institution anyway
Gen Z defines the American Dream as having financial stability and being happy. Marriage could help them reach both of those goals, but many aren't sold on it.
Premier Lacrosse League plans to bring in team owners by 2028 'or soon thereafter,' co-founder says
Paul Rabil told CNBC he's banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on the PLL.
Autonomous drone startup Quantum Systems raises $1.2 billion as investors pile into defense
Defense tech startups are raising record amounts on both sides of the Atlantic amid a flurry of investment in the sector.