J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall
Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.
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Tropical Smoothie Cafe is getting a makeover as it prepares for its 'next 3,000' locations
Tropical Smoothie Cafe unveiled new branding as it grows rapidly under the ownership of private equity firm Blackstone.
OpenAI investors have approached the company about a new funding round
OpenAI is gearing up for what is widely expected to be a blockbuster IPO next year, after it confidentially filed its prospectus in June.
World's top-performing sovereign wealth fund warns of looming pullback in U.S. stock market
New Zealand's $54 billion pension fund returned 14.2% in the year to June.
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
Rising oil prices and Treasury yields are lifting energy and borrowing costs for U.S. households, pushing consumers to draw more heavily on savings.
Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher
Mortgage rates have surged to the highest level since the start of 2025, causing a major pullback in mortgage demand.
Living abroad doesn't end your U.S. tax obligations. What young expats need to know
Americans living overseas may still face U.S. tax-filing and foreign-account reporting rules — even when they ultimately owe no U.S. income tax.
Flyers are happier with U.S. airports, despite near record travel levels, J.D. Power report shows
Travelers gave higher ratings in part because of the newer gates and terminals many airports have opened in recent years, according to the study.
Intel, SK Hynix shares jump on report they're discussing U.S. memory chip manufacturing
The deal could be a big win for Intel which has been looking to gain marquee customers for its manufacturing, or foundry, business.
Yield on 10-year Treasury hovers above 5% as investors await Fed decision
The Federal Reserve is widely expected to hike interest rates on Wednesday.
Canada could become 'first associate member' of EU, bloc's chief says
EU chief Ursula von der Leyen said the bloc wants to open the door for Canada to become its first associate member, signaling a major deepening of ties.
Crypto exchange Binance takes on tradfi by courting rich investors to join its expanded wealth-management platform
Binance is opening its Capital Connect platform to qualified individual investors for the first time.
Ukraine's message to Asian nations: your chips are turning up in Russian missiles
Ukraine's sanctions envoy said Russia could be forced to retreat from the war within six months if its oil revenues are halved.
Saudi says Houthis targeted Mecca with a drone, Iran-backed group rejects claim
The Organization of Islamic Cooperation condemned the strike as a "heinous" attack. Mecca is Islam's holiest site and the focal point of the annual Hajj pilgrimage.
UK inflation jumps to 3.1% as energy costs soar
The reading comes just hours before the Bank of England updates its monetary policy.
Bond yields are spiking, oil is up — but investors aren’t giving up on stocks
Rising Treasury yields, geopolitical risk and fresh AI safety concerns are hitting markets, but many investors remain bullish on AI spending and earnings.
Treasury yields hitting 5% may not break markets now — but the clock is ticking
The 10-year Treasury yield has hit its highest since 2007, pushing borrowing costs deeper into territory that could expose some of the financial system's weakest links.
Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure
Oil fell Wednesday, as an unexpected increase in U.S. crude inventories outweighed worries over supply disruptions after an Iran-backed attack on Saudi Arabia's East-West pipeline.
China's AI leaders keep quiet despite U.S. 'publicity' on tech risks
Z.ai, Moonshot, MiniMax, Alibaba and Tencent did not provide any statements when contacted by CNBC about the warnings on AI from Silicon Valley.
Grab aims for 'next level' in financial services with purchase of buy-now pay-later platform Atome
Grab is betting $1.49 billion on Atome Financial as it looks to expand its consumer lending business in Southeast Asia.