An attendee with a Samsung Galaxy Z Fold 8 smartphone at a Samsung Unpacked product launch event in London, UK, on Wednesday, July 22, 2026. Samsung Electronics Co. revamped its foldable phone lineup, introducing a new entertainment-focused model that will compete with Apple Inc.’s imminent entry into the market. Photographer: Chris Ratcliffe/Bloomberg via Getty Images Bloomberg | Bloomberg…
UBS CEO Sergio Ermotti on Thursday warned that investors have grown complacent over the past few years, even as geopolitical and economic risks have mounted. “There has been a level of complacency in financial markets in the last few years,” Ermotti told CNBC’s Christine Tan, adding that given the environment one would have expected considerably…
Hello, this is Priyanka Salve, writing to you from Mumbai. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India shares a complex relationship with its neighbor China. While New Delhi heavily relies on imports from Beijing, it also seeks to position itself…
A sign is posted in front of the American Airlines Center ahead of the 2026 Republican National Committee (RNC) Midterm Convention on Sept. 8, 2026 in Dallas, Texas. Justin Sullivan | Getty Images The Republican midterm convention kicked off Wednesday, with fewer than half of the candidates in the most competitive congressional races due to speak…
Bank of America CEO Brian Moynihan said on Wednesday the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices. “Consumers spent in the month of August about 4% more than they spent last August,” Moynihan said on CNBC’s “Mad Money.” “Last quarter it was 5%, so it’s kicking along. That’s consistent…
Despite an unrelenting rise in NFL team valuations, Jacksonville Jaguars owner Shad Khan told CNBC in an exclusive interview that the price of NFL teams is still undervalued compared with the price of teams in other professional sports leagues. “I think the run-up for NFL is almost endless,” said Kahn. Khan told CNBC that the…
Kevin Mandia testifies during a Senate Intelligence Committee hearing on Capitol Hill on February 23, 2021 in Washington, DC. Drew Angerer | Getty Images Amazon said Kevin Mandia, the founder and former CEO of cybersecurity company Mandiant, is joining its board of directors. In a blog post on Wednesday, Amazon referred to Mandia as a…
Treasury Secretary Scott Bessent’s push to calm the bond market is colliding with a more political role, as his planned Republican convention speech raises questions about the credibility he needs to manage U.S. debt markets. Bessent’s prime-time speech at the Republicans’ midterm convention in Dallas on Wednesday will mark the first time in 50 years…
“Spider-Man: Brand New Day” and “The Odyssey.” Sony (L) | Universal (R) Hollywood has a new summer record. The domestic box office tallied $4.76 billion in ticket sales during the period between May 1 and Sept. 7, the highest haul in cinematic history. The key moviegoing season, which starts the first weekend in May and…
U.S. President Donald Trump speaks to the media before boarding Air Force One for a trip to the Republican National Midterm Convention, at Joint Base Andrews, Maryland, U.S. September 9, 2026. Evan Vucci | Reuters President Donald Trump on Wednesday said energy prices that have been elevated due to the Iran war will not come…
