Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Companies hint at layoffs, without saying who or when—and employees are left wondering who’s on the chopping block
Companies like Nike, Skydance and Kroger are warning staff well in advance that layoffs are coming. But the primary audience isn’t employees, experts say.
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U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
The Treasury Department published the U.S. budget deficit for the 2026 fiscal year.
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NBA tightens betting rules, develops AI to flag suspicious wagers
The NBA is tightening restrictions on bets and deploying AI to help identify suspicious wagering, according to two documents obtained by CNBC.
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U.S. crude oil tops $100 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries
U.S. crude oil prices rose sharply Friday as Iran escalated its attacks in the Strait of Hormuz this week.
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Trump says new White House press secretary Katie Zacharia should ‘reconsider’ job
Trump made the remarks about Zacharia before heading to Georgia for a rally aimed at boosting Republicans in the final days before the midterm elections.
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Here’s who Netflix just brought in to run content — and what it means for the streamer
Peter Rice brings a wealth of experience in TV and film, including scripted and unscripted shows, live sports, prestige television and theatrical distribution.
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The drumbeat to buy battered shares of CoreWeave is growing louder on Wall Street
Analysts are saying the sell-off, which is continuing Friday, are “overblown.”
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Anything not tied to artificial intelligence took off this week
S&P 500 stocks beyond the realm of AI are on pace for their second-largest weekly outperformance since 2024.
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Stocks making the biggest moves midday: CoreWeave, Moog, J.B. Hunt, Alcoa & more
These are the stocks posting the largest moves midday.
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Why Trump and the GOP’s billion-dollar midterm blitz isn’t working
Trump-aligned groups and Elon Musk have poured hundreds of millions into the midterm election, but the GOP spending surge has barely moved polls or the map.
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