Treasury Department to buy back up to $6 billion in longer-term debt, triple the normal level
The much-anticipated announcement triples the normal buyback operation and follows an announcement from Treasury Secretary Scott Bessent.
Robinhood CEO says companies can't control how their stock is tokenized as AMC clash escalates
Robinhood's Vlad Tenev said public companies can’t control financial products built around their stock while acknowledging token holders don’t get voting rights.
Experts weigh in as researcher says AI has more than 10% chance of 'killing all humans'
Jacob Coxon said in a post on X that Anthropic and OpenAI are "gambling with our lives."
CoreWeave CEO chalks up public AI pushback to the speed of change: 'And that is frightening'
CoreWeave CEO Mike Intrator spoke to CNBC at the Goldman Sachs' Communacopia + Technology Conference this week.
Brent crude oil tops $101 for first time since July as fighting escalates in Persian Gulf
Oil prices extended gains on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies.
Trump's oil investments have gained millions during Iran war as his accounts keep trading
Donald Trump retained major oil and gas investments as the Iran war has moved energy markets. CNBC analyzed his holdings, trades and estimated gains.
U.S. denies claims Iran struck two American vessels in retaliation for earlier strikes
The U.S. denied Iran’s claim that it struck two American vessels as the two sides traded attacks near the Strait of Hormuz and Brent crude hit $100 a barrel.
LA Rams President Kevin Demoff touts Australia push ahead of historic NFL game
The Rams spent five years building their brand in Australia. This week, Los Angeles will face San Francisco in the NFL’s first regular-season game Down Under.
U.S. reveals import ban on slew of Canadian goods as trade war escalates
Import bans on motorbikes, alcohol and dairy products are due to come into effect on Sept. 29 as the rift between the countries deepens.
Trump pushes Fed for lower rates, but consumers may be better off with a hike, experts say
As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say.
Google to invest record $15 billion in AI infrastructure in the 'Texas of Europe'
Google on Wednesday said it would invest $15.1 billion into AI infrastructure in Finland, marking the tech giant's largest single investment in Europe.
Andreessen- and Thiel-backed defense startup opens U.S. missile factory as it exits stealth
Founded in 2024, Covenant is speeding up lower-cost missile manufacturing for the U.S. military.
These are the top 10 U.S. states for workers' rights, says new report—8 of them have a minimum wage over $15
These states provide strong minimum wages, worker protections and rights to organize, according to Oxfam's research.
Demand for riskier mortgages rises again, along with interest rates
Mortgage rates continue to climb, so more borrowers are turning to adjustable rate mortgages, which offer lower interest rates comparatively.
How much does it cost to move a midterm prediction market? Not much
Interested parties could seek to move prediction markets to give a perceived boost to a candidate who is struggling to gain momentum or attention.
Why Cramer still recommends being 'a little more reserved' about data center stocks
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
OpenAI claims to have solved the 90-year-old Navier-Stokes math problem in 88 hours
OpenAI says 10,000 of its agents solved the 90-year-old Navier-Stokes problem in 88 hours, but one mathematician has challenged the claim.
Trump told Putin U.S.-Russia ties could be 'fully restored' with swift end to Ukraine war, Kremlin says
The leaders were said to have discussed recent U.S. envoy visits to Moscow and Kyiv as peace talks remain stalled.
New Hampshire picks Pappas and Sununu in primary for key open Senate seat
Incumbent Sen. Jeanne Shaheen, D-N.H., will retire when her term ends in January.
‘This is not a joke’: Iceland condemns Trump’s post showing island under American flag
Denmark and Mexico also objected, underscoring the diplomatic backlash to Trump's territorial ambitions.
Jim Cramer says investors are too focused on AI stocks. Here’s where he says to look instead
CNBC's Jim Cramer said investors should look beyond the AI data-center trade as compelling opportunities emerge in other areas of the market.
Chipotle's new restaurant in a hip Seoul neighborhood tests its Asian expansion strategy
Chipotle is making its Asia debut in South Korea through its first-ever joint venture for international expansion, with Singapore next in 2027.
UK air traffic chief rules out cyber attack after massive disruption at Heathrow
"We have at this point ruled out cyber," the head of NATS said Wednesday, as airlines slammed the organization for a third major failure in three years.
Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal
The investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator after the final tranche.