Berkshire Hathaway shares hit eight-month high
The conglomerate that Warren Buffett built rallied to an eight-month high this week. There could be more gains ahead if they play catch up with the S&P 500. Source link
2026
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Trump Media’s new data service gives faster access to Trump’s posts
Cheng Xin | Getty Images News | Getty Images Trump Media and Technology Group‘s new paid data service launched on Aug. 1, providing faster access to Truth Social posts from President Donald Trump and other top accounts on the platform. “Truth API,” the new application programming interface, is designed to give firms “a direct, licensed,…
Direct GLP-1 prescriptions are Walmart, Costco, Amazon weight-loss win
A pharmacy at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024. Bloomberg | Bloomberg | Getty Images As more Americans use GLP-1 weight-loss drugs to shrink their waistlines, retail giants are betting on a bottom-line bump tied to a shift in the way the drugs are priced and purchased. Employers…
To keep growing, incoming Best Buy CEO first wants to go smaller
Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO Jason Bonfig, who spoke exclusively with CNBC about his strategy for the company. The company has been struggling with slumping sales over the past few years, which it has attributed to lower consumer confidence, less…
Tankers near Oman come under fire as Iran threatens shipping routes
Vessels transiting through the Gulf of Oman are pictured off the coast of Muscat on July 25, 2026. (Photo by AFP via Getty Images) / – | Afp | Getty Images A tanker near Oman reported being struck overnight, with another saying it saw an explosion nearby as Iran warned Washington that the U.S. military’s…
Sweet v. McMahon to clear 450,000 student loan borrowers’ debt
Linda McMahon, US education secretary, speaks during a roundtable on education at the Department of Justice (DOJ) in Washington, DC, US, on Thursday, June 11, 2026. Al Drago | Bloomberg | Getty Images Hundreds of thousands of student loan borrowers have gotten their debts forgiven, or soon will, due to a $23 billion class-action settlement…
U.S. lawmakers request information from DoorDash on use of Chinese AI
A DoorDash bag in the Brooklyn borough of New York, US, on Thursday, Jan. 15, 2026. Michael Nagle | Bloomberg | Getty Images U.S. lawmakers have requested information from food delivery company DoorDash on its use of Chinese artificial intelligence models, CNBC has learned, as scrutiny around American businesses’ use of systems developed by China…
Why Iran’s power structure complicates a ceasefire
In the five months since the Iran war began on Feb. 28, each pause in fighting has underscored the complexities of ending it. The June 17 memorandum of understanding opened a 60-day negotiating period over the Strait of Hormuz, sanctions and Iran’s nuclear and missile programs, but frayed within weeks as Iranian attacks on shipping…
How Europe is preparing for extreme heat
On the Eurostar platform at St Pancras International station in London, Great Britain, on 1 November 2025. Stephane Mouchmouche | Afp | Getty Images Gripped by drought, raging wildfires and a summer of weather extremes, countries across Europe are scrambling to address the widely underestimated climate challenge of extreme heat. Supercharged by the climate crisis,…
These Fed alternative indicators show inflation is at lowest in years
People shop for groceries at a store in Brooklyn on July 13, 2026 in New York City. Spencer Platt | Getty Images Pricing data from June indicated that outside of some select items where costs continue to grow, inflation is trending back towards the Federal Reserve’s inflation goal. So-called trimmed mean measures, which exclude outliers…