Bessent says 'a large bank' will be sanctioned on Monday as part of Iran strategy
U.S. Treasury Secretary Scott Bessent said that a large bank would be sanctioned next week.
CNBC — page 13
277 articlescnbc.com ↗
Coverage, page 13
page 13 of 14
Chinese AI labs secretly used millions of Claude exchanges to train their models, Anthropic says
Anthropic said it detected unauthorized efforts by China-based AI labs including Alibaba and Moonshot AI to use its Claude models to help improve their own AI systems.
The iPhone Duo enters China’s crowded foldable market — and faces a price test
Chinese netizens focused on the price of Apple’s iPhone Duo, as cheaper Xiaomi and Huawei foldables raise value comparisons and muddle the foldable's reception.
Jim Cramer says this is the key force driving stocks right now
CNBC's Jim Cramer said the 30-year Treasury yield is a key force driving stocks as it climbs to roughly 5.3%.
Oracle's stock jumps 7% on earnings beat as cloud infrastructure revenue more than doubles
Oracle's results for the quarter came in stronger than expected, as did its revenue backlog.
C
10-year Treasury yield tops 4.9%, highest since 2023, as oil surge raises inflation fears
Treasury yields moved higher on Thursday as U.S. oil prices hit $100 per barrel.
Jim Cramer's least-favorite tech stock gets a new analyst endorsement — our take
Analysts at Piper called Broadcom the "ASIC compute king" in a new note to clients.
Where investors are finding income outside traditional bonds as brutal drawdown drags on
Bond volatility and rising rates have some investors looking beyond traditional bonds for income, from alternative fixed income to stocks and other strategies.
U.S. crude oil tops $100 again – last seen in May – as market braces for prolonged Iran war
Oil prices remain elevated amid worries that escalating tensions in the Middle East could further exacerbate supply disruptions
Friday's CPI inflation report is even more important than usual. Here's what to expect
The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.
Trump announces $500 Obamacare refunds for nearly 1 million people — here's who qualifies
Health policy experts said the refunds are unlikely to defray steep premium increases following the lapse of enhanced ACA subsidies.
OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services
OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling and pitchbook tasks traditionally handled by junior bankers.
Trump's $1 trillion-plus 'dividend' plan meets immediate bipartisan pushback
Such a payout could cost more than $1 trillion and is likely to face legal obstacles.
Ford announces $1 billion investment at Kentucky plant following DOT criticism on China
Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky.
30-year fixed mortgage rate tops 7% for the first time in over a year
The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.
Here’s a rapid-fire update on our 33-stock portfolio, including Cramer’s 6 favorites to buy
Jim's current faves include three tech names and a bank stock.
Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
The Boring Co.'s latest $3 billion financing round was led by the United Arab Emirates.
Home sales fall in August despite the highest supply in over a decade
Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise.
Humans need to 'surf the wave' of AI rather than get swallowed by it, Chesky says at Communacopia
Nvidia CEO Jensen Huang, Uber CEO Dara Khosrowshahi, and SpaceX CFO Bret Johnsen are set to speak at the Goldman Sachs Communacopia + Technology Conference.
AI is losing its stranglehold on the U.S. stock market. Here's why
A key tech-stock volatility metric options traders have been watching all year is reversing.