Just hours after Bruce Harrell conceded the narrow Seattle mayoral race to her, Mayor-elect Katie Wilson joined striking Starbucks employees on the picket line and urged people to boycott the company. Following up on her pro-labor platform that got her to City Hall, Wilson told constituents to not buy coffee from one of the city’s…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway revealed a new position in Alphabet, making the Google parent the conglomerate’s 10th largest equity holding at the end of September, according to a regulatory filing. Berkshire disclosed a $4.3 billion stake in…
Some Cheetos and Doritos will look a little different soon. Starting in December, stores will sell Simply NKD versions of the popular snacks that have no artificial flavors or dyes — meaning no bright orange color, PepsiCo announced Thursday. The move comes following a push by Health and Human Services Secretary Robert F. Kennedy Jr….
What is a portable mortgage? It’s when you sell your house and buy a new place, but you keep your old home loan. If you’ve locked in a low mortgage rate and want to move, imagine the low-rate mortgage moving with you. The big question about portable mortgages is: Are they too good to be…
Canary Capital will likely hit pause on new crypto exchange-traded fund (ETF) filings for the remainder of the year, with CEO Steve McClurg saying the firm has already submitted applications for every token currently eligible under existing regulatory guidelines. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on November 14, 2025. Charly Triballeau | Afp | Getty Images The Nasdaq Composite rebounded on Friday as investors bought up shares of key technology stocks a day after the group led Wall Street to its worst day in more…
WASHINGTON (AP) — A team of researchers has uncovered what they say is the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion. The AI company Anthropic said this week that it disrupted a cyber operation that its researchers linked to the Chinese government. The operation involved the…
The artificial intelligence (AI) giant has exceeded the analyst consensus earnings estimate in 19 of the lpast 21 quarters. Nvidia (NVDA +1.68%) is slated to report its results for the third quarter of fiscal 2026 (ended Oct. 26) on Wednesday, Nov. 19, after the market close. As the dominant supplier of artificial intelligence (AI) chips…
The markets are ending the week on a low note as the global selloff continued in Asia and Europe this morning, prompted by rising uncertainty stemming from the U.S. economy. Doubts about a much-anticipated December interest rate cut from the Fed are mounting, with the likely outcome obscured by patchy data after Washington’s government shutdown….
By Iain Withers and Tommy Reggiori Wilkes LONDON (Reuters) -The explosion in the value of artificial intelligence stocks poses risks to global markets for which there is “no playbook”, the CEO of Deutsche Bank’s 1.1 trillion euro ($1.3 trillion) money manager DWS told Reuters, amid growing concerns that the sector is in a bubble. The…
The makers of artificial intelligence (AI) chatbot Claude claim to have caught hackers sponsored by the Chinese government using the tool to perform automated cyber attacks against around 30 global organisations. Anthropic said hackers tricked the chatbot into carrying out automated tasks under the guise of carrying out cyber security research. The company claimed in…
An exterior view of the new JPMorgan Chase global headquarters building at 270 Park Avenue on Nov. 13, 2025 in New York City. Angela Weiss | AFP | Getty Images JPMorgan Chase has secured deals ensuring it will get paid by the fintech firms responsible for nearly all the data requests made by third-party apps…
State-sponsored threat actors from China used artificial intelligence (AI) technology developed by Anthropic to orchestrate automated cyber attacks as part of a “highly sophisticated espionage campaign” in mid-September 2025. “The attackers used AI’s ‘agentic’ capabilities to an unprecedented degree – using AI not just as an advisor, but to execute the cyber attacks themselves,” the…
The New Jersey Devils celebrate after Simon Nemec #17 scores the game-winning-goal in double overtime of Game Three of the First Round of the 2025 Stanley Cup Playoffs against the Carolina Hurricanes at Prudential Center on April 25, 2025 in Newark, New Jersey. Andrew Maclean | National Hockey League | Getty Images A version of…
November 14, 2025 6:45 am EST CD388 is an investigational long-acting, strain-agnostic antiviral agent currently in Phase 3, designed to prevent influenza infection in individuals at higher risk of influenza complications Acquisition aligns with Merck’s science-led business development strategy, diversifying and expanding the company’s pipeline RAHWAY, N.J. & SAN DIEGO, Calif.–(BUSINESS WIRE)– Merck (NYSE: MRK),…
Home News Walmart announces John Furner as President and Chief Executive Officer Nov. 14, 2025 4 min read Share Share Key Insights Walmart Board of Directors elects Walmart U.S. CEO John Furner to succeed Doug McMillon as President and Chief Executive Officer, Walmart Inc. Furner was also elected to the company’s Board of Directors, effective…
Representation of Bitcoin cryptocurrency in this illustration taken Sept. 10, 2025. Dado Ruvic | Reuters Bitcoin dipped below $95,000 on Friday, pushing the world’s oldest cryptocurrency further into the red and continuing its four-day decline amid a broader artificial intelligence-linked stock pullback. The digital asset hit $94,491.22 early Friday, marking its lowest level since May…
The deal will boost Merck’s efforts to contend with the loss of revenue from its blockbuster cancer drug Keytruda © Dado Ruvic/Reuters Merck has agreed a $9.2bn takeover of Cidara Therapeutics, a drugmaker pioneering a long-acting antiviral that protects against flu, after overcoming rival pharmaceutical groups in a bidding war that went down to the…
The crypto market is facing one of its sternest tests yet, with the bitcoin BTC$96,188.63 price breaking below the crucial $98,000 level of support following a wave of sell pressure in a low-liquidity environment. The sell-off prompted more than $1.1 billion in liquidations, about half of which occurred on bitcoin trading pairs, according to CoinGlass….
In this article DHI Follow your favorite stocksCREATE FREE ACCOUNT D.R. Horton signage stands in front of homes under construction at the Eastridge Woods development in Cottage Grove, Minnesota. Daniel Acker | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers…
Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may not bode well for the…
Beyond Meat’s refinancing efforts that spurred meme stock rally now have shares down 67% Well, with a bit of time and a lot of volatility, the dust is settling on how Beyond Meat’s refinancing efforts have gone. This morning, management announced that its new 2030 notes could be converted at a price of about $1.7459,…
As the ongoing carriage dispute between Disney and Google‘s popular streaming service YouTube TV enters its third weekend with ABC and ESPN channels blacked out, at least one top Disney executive made it clear the stalemate could continue indefinitely. Not what fans wanted to hear at all. “We’re ready to go as long as they…
The Trade Desk has been crushed this year, falling 66% from its highs. Here’s why this advertising innovator deserves a closer look at these low prices. Let’s talk about a stock that’s been kicked around lately. The Trade Desk (TTD 2.24%) is down 66% in 2025, as of Nov. 12. That’s like watching a seasoned…
Famed economist Mohamed El-Erian delivered a stark warning about the evolving global economy, stating that while the underlying system remains intact, investors should brace for significant individual losses within the Artificial Intelligence (AI) sector and expect numerous “credit accidents”. Speaking at Yahoo! Finance Invest, El-Erian framed the current environment as one in which “cockroaches” abound…
KEY POINTS Fifty-year mortgages may lower monthly payments but increase total interest costs significantly. Current market conditions make loans over 50 years unlikely with low interest rates. Policy support required for broader adoption of 50-year loans amid mixed industry reactions. President Donald Trump earlier this week floated a 50-year mortgage as an affordability fix during…
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A years-long slowdown in the Chinese property market has weighed on household spending and consumer confidence © AFP via Getty Images China’s investment declined last month by the most since the pandemic while housing prices fell faster than expected, underlining pressure on policymakers to maintain momentum in the world’s second-largest economy. Fixed-asset investment declined 1.7…
Bitcoin sank deeper below the $100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited Wall Street jitters. The digital currency fell as much as 3.9% to $97,956, intensifying a slump that’s wiped out more than $450 billion in value since early October. Once-reliable sources of…
More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations with the company. The strike was intended to disrupt Starbucks’ Red Cup Day, which is typically one of the company’s busiest days of the year. Since 2018, Starbucks has given out free,…
Hugh Johnston is ready to go 12 rounds — maybe 15. The Disney CFO said on CNBC on Thursday morning that his company, in the midst of a carriage battle with YouTube TV, is “ready to go as long as they want to.” Ding, ding. “We’re in the middle of negotiations right now,” Johnston said…
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Richard Haass has spent four decades in Washington advising presidents, representing the U.S. abroad, and warning Congress about global threats. But these days, the veteran diplomat says the most dangerous crisis facing America isn’t coming from Russia, China, or the Middle East. It’s coming from inside the country: the ugly, festering $38 trillion national debt…