Wisconsin Democratic gubernatorial candidate Francesca Hong speaks to supporters during an election night party in Madison, Aug. 11, 2026. Scott Olson | Getty Images Francesca Hong, a democratic socialist running for Wisconsin governor, this week narrowly lost her primary battle against David Crowley, a Milwaukee County executive, but that doesn’t mean the sheen has rubbed…
Nikos Pekiaridis | Nurphoto | Getty Images A court ruling this week in favor of Gilead Sciences could significantly impact a burgeoning class of health programs in the U.S. that federal authorities say are illegally importing medications from overseas. Last year, a CNBC investigation found that these programs — called alternative funding programs, or AFPs…
Lamborghini on Friday launched the Revuelto SV, a limited-edition hybrid version of its V12 Revuelto that’s the fastest and most powerful car ever built at its factory. The model is the latest in Lamborghini’s storied “SV” line, which began 55 years ago with the Miura SV and has showcased lighter, more aerodynamic and more powerful…
Construction continues on a new helipad on the South Lawn of the White House and the East Wing ballroom on August 10, 2026, in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Friday asked the Supreme Court to allow construction of his White House ballroom to continue, one week after a federal…
An unmanned aerial vehicle at the AeroVironment Inc. booth during the Special Operations Forces Industry Conference in Tampa, Florida, May 17, 2022. Luke Sharrett | Bloomberg | Getty Images Drone stocks rallied on Friday after President Donald Trump announced import tariffs in an effort to boost U.S. manufacturing and protect national security. Unusual Machines popped…
Berkshire Hathaway CEO Greg Abel holds a U.S. flag at a naturalization ceremony hosted by the Iowa Cubs in Des Moines on June 25, 2026. Iowa Cubs/Michael Hill Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The sprawling conglomerate also added…
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Nvidia disclosed on Friday that its stake in Elon Musk’s SpaceX was…
Zach Witkoff, co-founder and CEO of World Liberty Financial and chairman of Alt5 Sigma Corp., right, and Eric Trump at the Nasdaq MarketSite in New York, Aug. 13, 2025. Adam Gray | Bloomberg | Getty Images A federal financial regulator has conditionally approved an application for a bank charter by an entity connected to World…
Wall Street’s largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week’s artificial intelligence funding announcements from both Nvidia and Intel . These are just two of several recent high-profile wins, providing a financial windfall for the venerable investment bank. All three of…
The Commodity Futures Trading Commission is conducting an internal review into “mention markets” on prediction platforms, people familiar with the situation told CNBC Friday. Mention markets are made up of contracts where traders speculate on whether specific words will be used in a speech, a corporate earnings call with analysts and investors or a television…
