Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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New bipartisan bill aims to speed up clinical trials for rare disease treatments
A new bipartisan bill aims to speed rare disease drug development by making clinical trials faster, cheaper and more accessible to patients.
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Nvidia CEO Jensen Huang says neocloud demand is ‘off the charts’ but capital is scarce
Nvidia CEO Jensen Huang told CNBC Thursday that demand for neocloud firms is “off the charts,” but scarce capital is holding back growth.
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Trump’s tariffs loom over Maine Senate race between Collins and Jackson
The Maine Senate race between Republican incumbent Susan Collins and Democrat Troy Jackson presents a laboratory for public sentiment on Trump’s Canada tariffs.
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Treasury yields fall as investors weigh Middle East tensions and await fresh jobs data
Treasury yields moved lower on Thursday as investors monitored developments in the Middle East.
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CNBC Daily Open: Ukraine’s Starlink whodunit
Washington says it has no plans to renew strikes on Iran before the Nov. 3 midterms, but escalation may not wait long after that.
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World’s largest wealth fund posts $30 billion loss after bond market turbulence
The fund has a current value of around $2.3 trillion.
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Barclays to slash 5,000 jobs in AI efficiency push
U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.
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U.S. Treasury yields may be poised for a breakout with Fed meeting as catalyst, says BMO
U.S. Treasury yields could be poised for a breakout ahead of the Federal Reserve’s Oct. 28 policy meeting, according to BMO Capital Markets.
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Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
The Middle East conflict could flare up again as the U.S. reportedly plans to resume strikes against Iran.
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U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms
The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.
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