Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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The UK cuts energy bills, taxes banks and boosts defense in high-stakes budget
The U.K. budget cuts household energy costs, raises taxes on banks and directs billions toward defense, Ukraine and artificial intelligence
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MSG just spun off the Knicks and Rangers. How one analyst sees them trading
The spinout will probably unlock value in MSG Rangers and MSG Knickerbockers, according to Guggenheim Securities.
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UK brings forward defense spending target, pledging billions to Ukraine
Healey presented his first budget as Chancellor, and reiterated the UK’s support of Ukraine on Wednesday.
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Bearista cups are returning at Starbucks. Can the viral sensation boost holiday sales again?
Starbucks CEO Brian Niccol is hoping to recapture lightning in a bottle and keep his turnaround plan moving forward.
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Goldman thinks there aren’t many Fed hikes left. Stocks could rally
Investors may not have to worry about Federal Reserve rate hikes for much longer, according to Goldman Sachs.
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America’s largest budget airline reports 71% jump in airfare
Frontier Airlines reported a 71% jump in airfare for the third quarter and said customers continue to book
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The ‘Magnificent Seven’ is no more. Time to pick winners and losers as group’s correlation breaks down
CNBC calculated the rolling 60-day correlation of daily returns for each of the 21 unique pairs among the Magnificent Seven.
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Wendy’s shares jump 15% as Nelson Peltz’s Trian offers $1.4 billion to buy burger chain
Wendy’s has endured a tough two-year stretch as diners eat out less often.
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CNBC TEC Summit live updates: Cisco, Levi’s executives discuss AI risks and costs
Follow CNBC’s 2026 Technology Executive Council Summit for live updates on AI agents, cybersecurity, AI costs and the future of work.
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FEC campaign finance system offline days before midterms after hackers reportedly target site
Total political ad spending and reservations for the 2026 cycle has topped $11.2 billion, according to AdImpact.
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