WNBA Commissioner Cathy Engelbert talks to media during a press conference before the AT&T WNBA All-Star Game 2026 on July 25, 2026 at United Center in Chicago, IL. Melissa Tamez | National Basketball Association | Getty Images WNBA Commissioner Cathy Engelbert will retire at the end of 2026, the league announced on Friday. The decision…
For Alexander Lee, back-to-school shopping used to mean hours spent comparing prices, reading reviews, and figuring out where to buy a growing list of supplies for his two kids. “The pens and pencils are not that big of a deal,” Lee said in a CNBC interview ahead of the Labor Day weekend. Things like “calculators,…
US President Donald Trump speaks during a Rose Garden Dinner at the White House in Washington, DC, on September 2, 2026. Brendan Smialowski | Afp | Getty Images President Donald Trump on Friday demanded that the Federal Reserve slash interest rates or else he will cut off trade with countries with which the U.S. maintains…
Traders work on the floor of the New York Stock Exchange (NYSE) on August 14, 2019 in New York City. Spencer Platt | Getty Images Treasury yields rose in trading Friday, as investors digested a stronger-than-expected jobs report for the month of August and weighed the impact it may have on the Federal Reserve’s decisions…
Nicolai Tangen, chief executive officer of Norges Bank Investment Management, at the Arendalsuka conference in Arendal, Norway, on Wednesday, Aug. 13, 2025. Carina Johenson | Bloomberg | Getty Images Norway’s sovereign wealth fund has proposed cutting the allocation of government bonds in its $2.3 trillion investment portfolio, chiefly affecting its holdings of U.S. Treasurys, as…
View of the Golden Gate Bridge from Marin County Vicki Jauron, Babylon And Beyond Photography | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The ranks of…
Volkswagen employees are taking part in an information and protest event organized by IG Metall in front of the VW plant in Zwickau. Picture Alliance | Picture Alliance | Getty Images Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of a historic transformation plan amid intensifying…
Nvidia has become one of the world’s largest strategic tech backers as the value of its equity investments soared more than tenfold in the past year to $99 billion, with the chip giant increasingly looking to leverage its huge capital reserves to bolster the AI sector. The company has ramped up dealmaking for financing rounds…
Argentine President Javier Milei speaks during the Madrid Forum, where conservative leaders from Latin America have gathered, in Santiago, Chile on September 3, 2026. Anadolu | Anadolu | Getty Images Argentina‘s President Javier Milei has ramped up a long-running dispute over the Falkland Islands, reasserting the country’s claims over the self-governing British overseas territory and…
Investors should expect the sell-off of global government bonds to continue, renowned economist Mohamed El-Erian told CNBC on Friday. “I don’t see any appetite in the U.S. for immediate fiscal consolidation. So I suspect we will continue to see upward pressures on yields,” he told CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy….
