Financial planners take on the TikTok ‘worth the money’ trend
Videos on TikTok of users sharing the items they swear are “always” worth the money…
Financial planners take on the TikTok ‘worth the money’ trend
Videos on TikTok of users sharing the items they swear are “always” worth the money have racked up hundreds of thousands of views and likes this summer. The items mentioned in the posts range widely, from skin care products to upgraded airline seats. Sometimes creators make targeted lists, such as purchases that are always worth…
Oil tumbles after Bessent says Hormuz deal may come this week
Oil prices fell sharply Tuesday after Treasury Secretary Scott Bessent indicated there may be a deal to open the key Strait of Hormuz as soon as this week. Brent, the international oil benchmark, slid 5% to $79.51 per barrel. West Texas Intermediate futures lost 5.7% to settle at at $75.77. “We are in talks with…
Philadelphia Fed President Paulson content with current rates, but keeping an open mind
Philadelphia Federal Reserve President Anna Paulson said Tuesday that she thinks the current level of interest rates is sufficient to keep inflation moving toward the central bank’s goal. In her first CNBC interview, the policymaker insisted she has an open mind about where monetary policy should go, but was confident in her vote last week…
NJ files antitrust suit against Amazon on delivery contractor control
New Jersey Attorney General Jennifer Davenport announced on Tuesday that she’s suing Amazon on antitrust grounds, alleging the online retailer abuses its power over third-party delivery contractors to suppress competition and harm workers. Amazon prevents delivery workers from unionizing, restricts contractors in its delivery network from hiring each other’s drivers, and limits competition for their…
Procter & Gamble to buy Thorne for $3.8 billion, CEO tells CNBC
Procter & Gamble is buying supplement brand Thorne for $3.8 billion, CEO Shailesh Jejurikar said on CNBC’s “Squawk on the Street.” The acquisition, which is set to be announced Tuesday, is a bid for P&G to grow its health and wellness division. The consumer goods giant already owns other health brands, like Vick’s and Oral-B….
Palantir stock rises 27% on soaring commercial revenue, AI sovereignty
Palantir CEO Alex Karp speaks during an interview on July 27, 2026 in New York City. John Lamparski | Getty Images Palantir stock rocketed 27% higher on Tuesday after the company reported “otherworldly” second-quarter earnings driven by customer demand for AI sovereign tools. The enterprise software giant reported a 93% growth in overall revenue to…
Wayfair (W) earnings Q2 2026
The first Wayfair brick-and-mortar store in Wilmette, Illinois, prepares to open, May 2, 2024. Scott Olson | Getty Images Wayfair on Tuesday said it saw its strongest growth in the U.S. and best free cash flow since the pandemic during its second quarter, as the online furniture company continues to take market share from legacy…
Bessent says U.S. backed Japan’s yen intervention to help stabilize Asia
Treasury Secretary Scott Bessent said Tuesday that the U.S. joined Japan‘s effort to strengthen the yen because the currency’s weakness risked destabilizing markets across Asia. “A stable yen is not only important for the U.S., but very important for the entire region,” Bessent said on CNBC’s “Squawk Box.” Bessent said a sharply weaker yen could…
Pfizer (PFE) earnings Q2 2026
Pfizer Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 4, 2026. Michael Nagle | Bloomberg | Getty Images Pfizer on Tuesday reported second-quarter results that topped estimates and hiked the low end of its revenue outlook, citing an added $1.5 billion in sales from…
Merck (MRK) earnings Q2 2026
The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Merck on Tuesday beat second-quarter estimates and hiked its revenue outlook, as a slate of new products showed strong growth. But the pharmaceutical giant cut its profit guidance due to a charge tied…
