People looks at the fruits at a shop at the Tsukiji Outer Market in Tokyo on August 22, 2025. (Photo by Philip FONG / AFP) (Photo by PHILIP FONG/AFP via Getty Images) Philip Fong | Afp | Getty Images Japan’s headline inflation rate hit its highest level this year, coming in at 1.9% for July…
Micron CEO Sanjay Mehrotra did plenty to quiet the bears. That’s our conclusion from Jim Cramer’s extended interview with Mehrotra, which aired Thursday night on “Mad Money.” Mehrotra’s pioneering career in the volatility-prone memory industry spans more than four decades, beginning at Intel in the early days of the personal computing era, before going on…
If Treasury Secretary Scott Bessent truly wants to bring the full force of the federal government to bear on what he sees as a misbehaving bond market, he can’t go it alone. A sustained effort to bring down Treasury yields would eventually require coordination with Bessent’s longtime friend, now at the Federal Reserve, Chairman Kevin…
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Aug. 20, 2026. Yuri Gripas | Abaca | Bloomberg | Getty Images Treasury Secretary Scott Bessent insisted Thursday that he has multiple weapons at his disposal to quell liquidity problems in the government debt market and restore calm. While…
Jose Munoz, CEO of Hyundai Motor Company, speaks during a press meeting during Milan Design Week, as Hyundai launches the new Ioniq 3 electric vehicle, in Milan, Italy, April 20, 2026. Claudia Greco | Reuters SAN FRANCISCO – Hyundai Motor plans to further expand its U.S. production at a new multibillion-dollar vehicle assembly plant in…
The record-breaking sale of the Los Angeles Lakers is being felt far beyond Hollywood. The pending $12.5 billion sale by Mark Walter to Joshua Kushner and Bob Iger will have a big impact on all NBA team valuations. If the sale is approved, the average value of an NBA team would increase 21% to $6.68…
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 are lower on Thursday, with the S & P 500 down by about 0.5% and the Nasdaq falling about 1%. It’s the fourth down session…
Somewhere in Chicago, one 40-year-old project director spent her summer wondering if she’s been working with a human or a bot. She was recently put on a project with an artificial intelligence expert who started using AI agents to manage his inbox. But in the course of their partnership, the bots began filtering out important…
Oil moved higher Thursday after Treasury Secretary Scott Bessent said the U.S. will impose the toughest sanctions in history against Iran. “We have the blockade and we are going to have the toughest sanctions in history,” Bessent told CNBC in an interview. “This will work. It worked in Venezuela once we put up the blockade….
California Attorney General Rob Bonta told CNBC’s David Faber on Thursday that the group of states suing to block Paramount Skydance’s acquisition of Warner Bros. Discovery would require “robust structural remedies” to reach a settlement in the antitrust case. “[Paramount] wanted to talk about everything except for what this case is about. They want to…
