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Trump Says US Has Total Control Over Strait of Hormuz
President asserts U.S. dominance over the critical waterway as Iran rejects claims and diplomatic talks remain deadlocked.
business
Utah Couple Builds $2 Billion US E-Commerce Empire
David Wright and Melanie Alder turned a small fridge-magnet resale business into a multi-billion dollar retail operation.
business
Sweetgreen Sales Drop Amid US Cyclospora Outbreak
CEO Jonathan Neman reports a significant hit to comparable sales as consumers avoid salads during a nationwide contamination scare.
business
Tata Sons Chairman N Chandrasekaran to step down in February 2027
The chairman will exit after his request for a five-year term extension failed to receive unanimous board support.
business
US and Japan Coordinate Historic Yen-Buying Intervention
The two nations acted to stabilize the weakening yen and curb disorderly market moves in the biggest currency operation in 15 years.
business
US-Japan Intervention Stabilized Yen, Goldman Sachs Says
Analysis suggests Japan has ample reserves for further action after coordinated efforts to curb currency depreciation in July.
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Read story →Goldman Sachs’ Praneet Shah on whether the US-Japan yen intervention succeeded
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Read story →What the US-Japan Currency Intervention Means for the Yen, Rates, and the Dollar
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Read story →Francesca Hong Narrowly Loses in Wisconsin as Left-Wing Surge Stalls
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Read story →The ‘Princess of Darkness’ Behind Trump’s Fundraising Machine
business
BofA Economist Forecasts Three US Fed Rate Hikes for 2024
Aditya Bhave reaffirms prediction that inflation pressures warrant further interest rate increases despite recent CPI data.
business
Alex Cooper's Unwell Valued at $500 Million After WTSL Investment
The 'Call Her Daddy' host and WTSL CEO Patrick Whitesell discuss creator economy monetization on CNBC.
business
Alex Cooper's Unwell Valued at $500 Million After First Outside Investment
Patrick Whitesell's firm WTSL invests in the media company to fund expansion and AI integration.
business
Novo Nordisk CEO Discusses Weight-Loss Pill and Market Competition
CEO Mike Doustdar joined CNBC's 'Mad Money' to detail quarterly results and the upcoming launch of a GLP-1 pill.
business
Alex Cooper's Unwell Media Valued at $500 Million After Investment
The media company received its first outside investment from Patrick Whitesell's firm WTSL to expand video and lifestyle businesses.
business
Russia Appoints Former Indian Chief Justice as Arbitrator in Ukraine Bank Dispute
Former CJI D.Y. Chandrachud will join a tribunal to resolve a dispute with Oschadbank involving over $100 million.
business
Bob Iger, Joshua Kushner Buy Los Angeles Lakers
The controlling stake in the NBA franchise was purchased from Mark Walter at a valuation of $12.5 billion.
business
PSG Defeats Aston Villa to Win UEFA Super Cup
Paris Saint-Germain secured a 2-1 victory in Salzburg, Austria, to claim their second consecutive title.
business
Karoline Leavitt to leave as US White House press secretary
President Donald Trump announced Leavitt will exit her role at the end of August to focus on family and serve as an outside adviser.
business
Zuckerberg Outlines Vision for Universal Superintelligent AI
Meta CEO argues that broadly distributed AI agents will prevent power concentration and empower individuals.
business
AI Infrastructure Stocks Rally on Strong Earnings
CoreWeave and Nebius lead a sharp recovery in chip-related trades following a steep sell-off in July.
business
White House Press Secretary Karoline Leavitt to Resign
President Donald Trump announced Leavitt will step down at the end of August to spend more time with her family.
business
Alex Cooper describes relationship with Dave Portnoy as great and complicated
The 'Call Her Daddy' host addressed Portnoy's memoir during a CNBC interview, acknowledging differing accounts of her Barstool departure.
business
Astoria CEO Calls Certain ETF Strategy 'Definition of Insanity'
John Davi debated long-term ETF trading on CNBC as Corgi CEO Nico Laqua announced plans to launch 1,000 ETFs this year.
business
Startup Founders Shift to AI-Enabled Distributed Teams Amid Uncertainty
Entrepreneurs are adapting to a volatile operating environment by leveraging global talent and artificial intelligence.
business
Corgi Plans to Launch 1,000 ETFs in 2026
CEO Nico Laqua aims to capitalize on renewed investor interest in thematic funds beyond artificial intelligence.
business
Unwell Media Valued at $500 Million After First Outside Investment
Alex Cooper's media company reaches new valuation following investment from Patrick Whitesell's firm WTSL.
business
Cisco Beats Earnings Estimates as Cerebras Reports Declines
Bloomberg Television reports divergent financial outcomes for the tech firms during its latest market-close coverage.
business
Total Solar Eclipse Sweeps Across Europe
Millions observed the Moon completely cover the Sun across Spain, Iceland, and the UK on Wednesday.
business
NYC Mayor Mamdani Urges US President to Restore Haiti TPS
Dozens to hundreds of Haitian city employees face termination after legal work permits expired following a Supreme Court decision.
business
Coca-Cola Shares Outperform US Markets Following Earnings Beat
Strong demand for Coke Zero and Diet Coke drove a stock jump and raised earnings guidance for the beverage giant.
business
Brooks Running Reports Record 23% Revenue Growth in First Quarter
CEO Dan Sheridan said the company achieved double-digit growth across every global region during the first quarter of 2024.
business
Forbes Shares Strategies to Reduce Influence of External Judgment
A new guide focuses on building confidence and shifting mindsets to prioritize personal values over the opinions of others.
business
Wendy's Shares Surge on Potential Take-Private Bid by Nelson Peltz
Trian Fund Management is reportedly seeking backing to take the fast-food chain private.
business
Tata Sons Chairman N. Chandrasekaran to Step Down
The leader of the $180 billion conglomerate will exit in February 2027 amid tensions with the group's controlling charity arm.
business
Moderate David Crowley Wins Wisconsin Democratic Primary
Crowley defeated Democratic Socialist Francesca Hong in a race viewed as a test of the party's ideological direction.
business
Palestinian Minister Says Israeli Election Must Change Policy to Bring Peace
Foreign Minister Varsen Shahin argues that replacing leadership alone will not end conflict in the West Bank and Gaza.
business
Cava CEO says Cyclospora outbreak did not impact business
CEO Brett Schulman discusses growth and dining trends amid conflicting reports on customer traffic following food safety concerns.
business
Fifth Major Heat Wave of 2026 Hits Europe
Extreme temperatures are drying major rivers and raising wildfire risks across western, central, and southern Europe.
business
Ed Yardeni Raises S&P 500 Target Due to Earnings Momentum
The Yardeni Research founder cites "fabulous earnings momentum" as the driver for his updated market outlook.
business
Cava Sales Rise as US Diners Order Premium Proteins
The Mediterranean-inspired chain reports faster-than-expected growth driven by salmon and side item demand.
business
Rep. Steil Calls Democratic Candidates 'Two Sides of the Same Coin'
Wisconsin Republican warns of a close general election in the 1st Congressional District as voters focus on kitchen table issues.
business
Sweetgreen Sales and Stock Drop Amid US Cyclospora Outbreak
CEO Jonathan Neman said consumer fear reduced demand despite the chain not using the contaminated iceberg lettuce.
business
Ancora Offers $1.2 Billion to Buy HB Fuller Unit
Activist investor Ancora Holdings Group seeks to acquire the building adhesive business of the US company in a cash deal.
business
Solar Eclipse Visible Across Europe, North Africa and North America
Totality occurred in Spain and Iceland as the Moon passed between the Sun and Earth on Wednesday.
business
Total solar eclipse crosses Greenland, Iceland, and Southern Europe
The 2026 eclipse brought totality to parts of Spain and Portugal, with partial visibility for about one billion people.
business
Total Solar Eclipse Crosses Europe
Millions of observers witnessed the first total solar eclipse visible from mainland Europe in 27 years on Wednesday.
business
Total Solar Eclipse Plunges Spanish Observatory Into Darkness
The Moon completely blocked the Sun on Aug. 12, creating a period of totality at the Javalambre Astrophysical Observatory.
business
PSG and Aston Villa Meet for 2026 UEFA Super Cup Final
Champions League winners Paris Saint-Germain face Europa League holders Aston Villa in Salzburg, Austria.
business
Google Unveils Pixel 11 Smartphone Series with AI Integration
New lineup includes four models with slimmer cameras and Gemini-powered features, hitting stores on Aug. 20.
business
CoreWeave Revenue Doubles to $2.6 Billion in Q2
CEO Mike Intrator outlines growth trajectory as AI compute demand drives record backlog and expanding margins.
business
Josh Kushner and Bob Iger Buy LA Lakers for Record Sum
The deal marks the highest price ever paid for a US sports franchise, valuing the NBA team at up to $12.5 billion.
business
Trump Sued Over Plan to Sell Early Access to Truth Social Posts
Plaintiffs allege the plan to sell advance notifications of presidential posts for $100,000 a month is corrupt and unconstitutional.
business
Joshua Kushner and Bob Iger Buy LA Lakers for Record $12.5 Billion
The deal marks the highest price ever paid for a US sports franchise.
business
Firefly Aerospace CEO Says Rocket Launch Demand Is Most Constrained Ever
CEO Jason Kim reports record revenue and strong interest from Lockheed Martin amid capacity constraints.
business
Ray Dalio Celebrates 77th Birthday at Ibiza Hyperclub
The Bridgewater Associates founder spent his birthday partying until 4 a.m. at the UNVRS club during an elrow event.
business
Google Unveils Pixel 11 Lineup With Integrated Gemini AI
The new smartphone series aims to secure an AI edge before Apple rebuilds Siri using Google's Gemini models.
business
Tata Sons Chairman N Chandrasekaran Will Not Seek Reappointment
Chairman cites lack of unanimous board support for his tenure beyond February 2027.
business
Total Solar Eclipse Casts Darkness Across Europe
Millions gather in Spain, Iceland, and other regions for the first total solar eclipse visible from mainland Europe since 1999.
business
Trump Used Decoy Aircraft to Secretly Exit Turkey
President Donald Trump confirmed he used a decoy plane and a catering truck to leave Ankara amid an Iranian security threat.
business
Total Solar Eclipse Sweeps Across Spain
Millions gather in northern and central Spain as the Moon blocks the Sun, marking a rare astronomical event for the region.
business
One dead after ferry catches fire off Bali coast
Rescue teams saved up to 200 passengers from a burning vessel traveling between Bali and Lombok in Indonesia.
business
Total Solar Eclipse Sweeps Across Europe and North America
Millions gather in Spain and other nations as the Moon blocks the Sun on Aug. 12, 2026.
business
Kiran Mazumdar-Shaw Discusses Global Scaling and Gen Z Leadership
The Biocon founder shared insights on building purpose-driven businesses in an interview with CNBC TV18.