One-ounce gold bars at the Valcambi SA precious metals refinery in Balerna, Switzerland, on Friday, Sept. 9, 2025. Valcambi SA, Switzerland’s largest refiner, processes up to 2,000 tons of precious metals a year at its site in Balerna on the border with Italy. Photographer: Francesca Volpi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump is “considering” firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme…
It was a clearing event after all. It’s been just over a week since the forced unwind of the high-flying Situational Awareness hedge fund, and the artificial intelligence trade is now standing on solid ground after a turbulent July battered the market’s old leaders. The best part is that the hedge fund’s reckoning last Thursday…
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images The latest quarterly earnings reports from FanDuel parent Flutter Entertainment, DraftKings and others shone a spotlight on the burgeoning prediction markets industry. A growing number of companies are introducing their own prediction market platforms or launching partnerships within the space, said Joel Shulman, the CEO…
Michael Cannon-Brookes, co-CEO of Atlassian. Scott Mlyn | CNBC The “SaaSpocalypse” was raging this week. Then it got a reprieve. The pennies-on-the-dollar acquisition of one-time highflyer Airtable, followed by plunges in HubSpot, Datadog and Figma on earnings reports, all served to underscore investor concerns that artificial intelligence models are eating away at the value of…
Ukraine’s President Volodymyr Zelenskyy meets with U.S. Senator Lindsey Graham (R-SC), amid Russia’s attack on Ukraine, in Kyiv, Ukraine May 30, 2025. Ukrainian Presidential Press Ser | Via Reuters Read more CNBC politics and policy coverage The bill would impose tariffs of up to 100% on countries that are within the top five purchasers of…
The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared with a downwardly revised 20,000 for June. The Dow Jones…
Job seekers speak with employer representatives and browse information tables as they attend an Inspire Together job and resource fair in Los Angeles, California on July 29, 2026. Patrick T. Fallon | Afp | Getty Images Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks rose on Friday, putting the S & P 500 on pace for a record close thanks to a roughly 3.5% gain for the week. The…
The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company’s CEO after its earnings miss this week. Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets its energy drinks to athletes and other health-conscious consumers…
