Walmart is in talks to buy a startup called R&A Data, a company founded by two Israeli scientists that works to reduce scams and counterfeits on online marketplaces, according to people familiar with the matter and records reviewed by CNBC. The acquisition would come at a key time for the largest U.S. retailer as incoming…
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter. The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly traded fund Blue Owl Capital…
Homes in San Francisco, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty Images Mortgage rates rose for the third consecutive week, causing demand from both current homeowners and potential homebuyers to drop. Total mortgage application volume fell 5.2% last week compared with the previous week, according to the Mortgage…
Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Former Treasury Secretary Larry Summers said Wednesday that he will resign from the board at OpenAI after the release of emails between him and the notorious sex offender Jeffrey Epstein. Summers had announced…
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target posted a drop in quarterly sales and lowered its full-year profit guidance on Wednesday as the big-box retailer saw choppy spending and shoppers hunting for value. Despite its ongoing…
Global investor sentiment for artificial intelligence remains buoyant, despite on the ongoing equities sell-off. European and Asia markets have seen days of consecutive losses, tracking their U.S. counterparts lower as pressures mount on AI-related stocks and their valuations. The pan-European Stoxx 600 on Tuesday notched its lowest level in a month, with major bourses opening lower on Wednesday, while Asia-Pacific markets fell. Stateside, stock futures were little…
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images The Dutch government on Wednesday said it suspended its intervention at Chinese-owned chipmaker Nexperia, following constructive talks with Chinese authorities. “We see this as a show of goodwill,” Dutch Economy Minister Vincent Karremans…
Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images HONG KONG — The boom in initial public offerings in Hong Kong has offered a long-awaited release valve for private equity firms sitting on aging China portfolios,…
Regent Street in London celebrates the Christmas season on November 13, 2025 in London, England. Ben Montgomery | Getty Images Entertainment | Getty Images The U.K.’s inflation rate cooled to 3.6% in October, according to the latest data from the Office for National Statistics. Economists polled by Reuters had expected a rate of 3.6% in…
Traders work on the floor of the New York Stock Exchange during morning trading on November 17, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images LONDON — European stocks are set for a soft open on Wednesday as doubts continue over tech stocks, with investors eagerly awaiting Nvidia…
