U.S. Homeland Security Secretary Kristi Noem speaks during a House Homeland Security hearing entitled “Worldwide Threats to the Homeland,” on Capitol Hill in Washington, D.C., U.S. Dec. 11, 2025. Elizabeth Frantz | Reuters U.S. Department of Homeland Security Secretary Kristi Noem said she was suspending the diversity visa program, saying the man suspected of killing…
A ”For Sale” sign is outside a residential home in Oro Valley, Arizona, on December 12, 2025. Michael Yanow | Nurphoto | Getty Images High home prices, stubbornly high mortgage rates and now less supply are all weighing on potential homebuyers. Sales of previously owned homes rose just 0.5% in November from October and were…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed “unlawful subscription enrollment” practices. The federal agency alleged that Instacart used deceptive tactics in its subscription sign-up and “satisfaction guarantee” advertising that caused…
UnitedHealthcare sign is displayed at its office building in Minnetonka, Minnesota, U.S., Dec. 11, 2025. Tim Evans | Reuters UnitedHealth Group on Friday released the first results from a sprawling independent audit of its business practices and committed to a wide range of steps to track and implement improvements in three specific areas. The health-care…
There’s a new leader in college sports — the University of Texas at Austin. The school’s athletic program, which tops CNBC’s valuation rankings, is now worth $1.48 billion, 16% more than last year. In fiscal 2024, the program generated aggregate revenue of $332 million, more than any other school and 23% more than in the…
The Department of Justice faces a legally mandated deadline on Friday to begin releasing its criminal investigative files about the notorious sex offender Jeffrey Epstein. The files’ ordered release comes after months of controversy over the Trump administration’s decision to renege on past promises by top law enforcement officials to make the documents and other…
Global data centers dealmaking surged to hit another record high this year, driven by a rush to build out the infrastructure required for energy-intensive AI workloads. That surge came even as investors grew increasingly wary of inflated artificial intelligence valuations and the financing underpinning the rapid expansion of data centers. Global stocks sold off in…
President Donald Trump‘s social media company will provide the capital needed to bring TAE Technologies‘ first fusion power plant online in the United States by 2031, TAE CEO Michl Binderbauer told CNBC on Thursday. Binderbauer spoke shortly after his privately held company and Trump Media and Technology Group announced plans for an all-stock merger valued…
House Republican leaders on Thursday committed to a vote in the new year on legislation to ban members of Congress from owning or trading individual stocks. But the proposal likely will not include a provision that would ban stock trading or ownership by President Donald Trump or future presidents. House Majority Leader Steve Scalise, R-La.,…
Signage at an ICICI Prudential Asset Management Co. branch in Delhi, India, on Thursday, Dec. 18, 2025. ICICI Prudential AMC’s initial public offering to raise as much as 106 billion rupees ($1.2 billion) received bids for more than 1.37 billion shares, compared with 35.02 million offered, at close on last day of the sale Tuesday,…
