Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and CEO of Gemini Trust Co., on stage during the Bitcoin 2025 conference in Las Vegas, Nevada, on May 27, 2025. Bridget Bennett | Bloomberg | Getty Images The Winklevoss twins, whose cryptocurrency company Gemini Space Station is going public, don’t…
Opendoor co-founder and newly minted board chair Keith Rabois said remote work and a “bloated” workforce have been a drag on the company’s culture, as he vowed to slash headcount. “There’s 1,400 employees at Opendoor. I don’t know what most of them do. We don’t need more than 200 of them,” Rabois told CNBC’s “Squawk…
Jennifer Johnson, founder of True Fashionistas, Florida’s largest clothing reseller, started noticing something unusual about a year ago. Suddenly, once difficult-to-find larger sizes were becoming more common in the batches of clothing arriving for resale. Since then, the trickle has become a torrent. Johnson said that historically, her store has been overloaded with extra smalls and…
Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSE Lendbuzz, an auto finance fintech company, filed an IPO prospectus Friday. The Boston-based company is targeting a valuation of around $1.5 billion, according to a person familiar with the matter, who asked not to be named discussing internal matters. That valuation may…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | Reuters President Donald Trump on Friday said the suspected shooter of conservative political activist Charlie Kirk is in custody. “I think with a high degree of certainty, we…
Holiday decorations on display at a Costco in Princeton, N.J. Jessica Dickler | CNBC It’s barely the start of fall and yet, by some measures, the holiday season is in full swing. Seasonal décor items — including pre-lit Christmas trees, wreaths, wrapping paper and a popular nativity set — are already on display at my…
Russian President Vladimir Putin (L) observes an exhibition as Presidential Deputy Chief of Staff Sergey Kiriyenko (Kirienko) (R) looks on while visiting the All-Russian Scientific Research Institute Of Experimental Physics on August 22, 2025 in Sarov, Russia. Contributor | Getty Images News | Getty Images Russia’s suspected drone attacks on Poland are widely seen as…
U.S. Secretary of Commerce Howard Lutnick speaks during an interview with CNBC on the floor at the New York Stock Exchange on Sept. 11, 2025. Brendan McDermid | Reuters Commerce Secretary Howard Lutnick said Thursday that the U.S. will equally share profits with Japan from projects funded by the Asian country through its tariff deal…
European stocks look set to open higher on Friday, with early-morning data showing the U.K. economic growth stalled in July. The pan-European Stoxx 600 was flat at 8:30 a.m. in London (3:30 a.m. ET), with no broad consensus movement among sectors and major bourses. Data released on Friday morning showed that the U.K. economy recorded…
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images U.K. economic growth flatlined in July, according to data published Friday, adding to Chancellor Rachel Reeves’ headache ahead of the Autumn…
