The sunset is reflected in the windows of the US Capitol as a man runs on the National Mall in Washington, DC, on October 1, 2025, the first day of the US federal government shutdown. Andrew Caballero-reynolds | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter…
Bridgewater Associates’ Ray Dalio on stage at CNBC’s CONVERGE LIVE in March. Courtesy of CNBC Bridgewater Associates founder Ray Dalio said investors should allocate as much as 15% of their portfolios to gold even as the precious metal surged to an all-time high above $4,000 an ounce. “Gold is a very excellent diversifier in the…
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace stock gained 6% Monday, after the space company said it is buying defense technology contractor SciTec for $855…
Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin Sullivan | Getty Images Modelo owner Constellation Brands beat on the top and bottom lines in its fiscal second-quarter earnings report on Monday and reiterated its lowered full-year guidance due to macroeconomic headwinds. Shares of…
Dan Schulman speaking at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. Adam Galica | CNBC Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company’s new CEO. Schulman replaces Hans Vestberg, who had led the company since 2018. Shares of the company…
Billionaire hedge fund manager Paul Tudor Jones believes the conditions are set for a powerful surge in stock prices before the bull market tops out. “My guess is that I think all the ingredients are in place for some kind of a blow off,” Jones said Monday on CNBC’s “Squawk Box.” “History rhymes a lot, so I…
Alistair Berg | Digitalvision | Getty Images Online holiday spending in the U.S. is expected to jump 5.3% year over year to $253.4 billion as consumers seek discounts and even enlist the help of artificial intelligence-powered chatbots, according to an Adobe Analytics report released Monday. Yet that growth would still be slower than the year-ago…
A person wearing an outfit inspired by The Eras Tour poses in front of “The Official Release Party of a Showgirl” posters at an AMC theater to celebrate the release of Taylor Swift’s new album “The Life of a Showgirl” in New York City, U.S., Oct. 3, 2025. Kylie Cooper | Reuters Taylor Swift gave…
Construction workers pouring wet concrete on a road. Jung Getty A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to…
Samuel Boivin | Nurphoto | Getty Images OpenAI launched short-form video app Sora this week, and users have flooded the platform with artificial intelligence-generated clips of popular brands and animated characters. The startup could soon face a deluge of copyright lawsuits, experts told CNBC. “A lot of the videos that people are going to generate…
