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Simply the latest news, updated on the hour.

AI Summary

  • Air Canada has suspended its financial guidance due to an ongoing strike by flight attendants that has significantly impacted flight operations. European leaders are uniting with Ukrainian President Zelensky in Washington to seek solutions for ending the ongoing war with Russia, amidst increasing pressure from Putin. In Bolivia, voters have elected new market-friendly leaders in response to economic challenges, marking a significant political shift after two decades of socialist rule. The Bank of England has cut interest rates amid a cooling job market while attempting to balance rising inflation pressures. Meanwhile, North Korea is expanding its military capabilities in collaboration with Russia, highlighting the growing geopolitical tensions in the region.

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CNBC

  1. Novo Nordisk shares pop 5% after Wegovy receives U.S. approval for liver disease cnbc.com 3 hours ago

    The firm was granted U.S. approval for the treatment of metabolic dysfunction-associated steatohepatitis in adults with moderate to advanced l…

  2. When 'invest like the 1%' fails: How Yieldstreet's real estate bets left customers with massive losses cnbc.com 3 hours ago

    Customers of the private markets startup Yieldstreet said they face huge losses on real estate investments that turned out to be far riskier t…

  3. Three things Europe wants as leaders prepare to meet Trump cnbc.com an hour ago

    Seven EU leaders are traveling to the United States on Monday looking to bring Washington on the side of Ukraine.

  4. OpenAI's Sam Altman sees AI bubble forming as industry spending surges cnbc.com an hour ago

    OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, similar to the dotcom bubble, he recently told reporters.

  5. Trump puts onus on Zelenskyy to end conflict with Russia ahead of meeting cnbc.com 8 hours ago

    In a post on Truth Social, Trump said that Zelenskyy could "end the war with Russia almost immediately, if he wants to, or he can continue to …

  6. Trump advisor Peter Navarro slams India’s ‘opportunistic’ purchases of Russian crude cnbc.com 4 hours ago

    His comments come shortly after trade negotiations between the U.S. and India were reportedly called off.

  7. These two charts show Walmart and Target's front-loading strategy cnbc.com an hour ago

    Hot toys such as Squishmallow building sets, Hasbro's Spider-Man action figures and Mattel's Barbie were included in container manifests.

  8. 'Job hugging' has replaced job hopping, consultants say cnbc.com 2 hours ago

    Workers are clinging to their jobs as they sour on their prospects in the labor market.

  9. 27 is the 'ideal' age to start saving for retirement, survey-takers say — but CFPs suggest even earlier cnbc.com 2 days ago

    Some Americans believe they should start saving for retirement at age 27, a report found. Here's how to get there.

  10. White House envoy claims Russia agreed to 'Article 5-like' security guarantees for Ukraine cnbc.com 18 hours ago

    Special Envoy Steve Witkoff's remarks come just days after President Donald Trump met in Alaska with the Russian president to discuss ending t…

  11. Bill Gates meets Willy Wonka: How Epic's 82-year-old billionaire CEO, Judy Faulkner, built her software factory cnbc.com 2 days ago

    Judy Faulkner has run Epic Systems for 46 years and has a detailed plan for what happens when she's no longer the boss.

  12. Trump warned by top Senate Democrats to rethink advanced AI chip sales to China cnbc.com 2 days ago

    On Aug. 15, top Senate Democrats warned Trump about AI chip deal with China in an open letter

  13. Here are the 2 big things we're watching in the stock market this week cnbc.com 15 hours ago

    The Federal Reserve's annual Jackson Hole retreat and earnings from three Club holdings will command center stage.

  14. Couple took out $1M loan to save America's oldest drive-in theater—now it brings in nearly $550K a year: ‘Who else was going to do it but us?’ cnbc.com 2 days ago

    In 2022, Matt McClanahan and Lauren McChesney purchased Shankweiler's Drive-In Theatre, America's oldest drive-in. Today, it brings in nearly …

  15. Traders hope the Ukraine war ends soon. Experts say there's no 'quick fix' cnbc.com 2 hours ago

    Global markets were on tenterhooks Monday as momentum to end the war in Ukraine ramped up. Experts warn there is no "quick fix," and talks cou…

  16. Samsung taking market share from Apple in U.S. as foldable phones gain momentum cnbc.com 2 days ago

    Samsung introduced two folding phones in July that are garnering praise on social media and putting pressure on Apple to deliver new types of …

  17. $20K pay cuts, lower titles, odd jobs: Workers are making big trade-offs to find meaningful work in today's job market cnbc.com a day ago

    A majority of people say they want to do meaningful work in their jobs. It's proving to be a luxury not everyone can afford.

  18. U.S. delegation's India visit reportedly called off as trade tensions simmer cnbc.com a day ago

    The visit that was expected to take place between Aug. 25 and Aug. 29 will likely be rescheduled, NDTV reported, citing people familiar with t…

  19. Pop Mart's Labubus boost China's soft power as Beijing brands find global appeal cnbc.com 6 hours ago

    Chinese coffee chains are popping up in New York. Chinese video games are generating billions. Even Chinese makeup, or "c-beauty," firms are e…

  20. 46-year-old woman is weeks away from student loan forgiveness but stuck in Trump-era backlog cnbc.com 3 days ago

    Tens of thousands of student loan borrowers who are likely eligible for Public Service Loan Forgiveness are stuck in limbo. CNBC spoke to thre…

  21. OpenAI in talks to sell around $6 billion in stock at roughly $500 billion valuation cnbc.com 3 days ago

    The talks are still in early stages and the details could change.

  22. Tech IPOs are roaring after 'years of Prohibition' — it may be too good cnbc.com 3 days ago

    Bullish's IPO this week is another sign that the market is swinging wide open after a prolonged dry spell.

  23. Summer travel isn't as easy as it used to be for airlines cnbc.com 3 days ago

    Airlines are seeing an earlier drop-off in summer travel as children return to school earlier.

  24. Engine Capital takes a stake in Avantor. Activist sees several ways to create value cnbc.com 2 days ago

    Engine believes that Avantor's significant underperformance is a consequence of self-inflicted mistakes rooted in a flawed leadership team and…

  25. Therapist: The one thing I do each morning to set myself up for daily success—I do it 'no matter what' cnbc.com 2 days ago

    Therapist Sadie Salazar tailors her mornings with her wellness in mind. Here's the No. 1 thing she always does to set herself up for success.

  26. 41-year-old American lives on $3,633 a month in France: 'I wish I had the courage to move sooner' cnbc.com 2 days ago

    Adriel Sanders worked as a lawyer in Washington D.C. for years before moving to Paris in 2020. She has no plans to return to live in the U.S.

  27. Why Bezos-backed Slate Automotive says it has cracked the code to affordable EVs cnbc.com 3 days ago

    Slate Automotive, backed by Jeff Bezos, targets EV buyers with a customizable, barebones truck under $30K, despite lost tax incentives.

  28. Ivy League-trained psychologist: These 3 'very powerful' steps will build your emotional endurance cnbc.com 2 days ago

    Most successful people are highly mentally resilient — and building that trait requires a lot of emotional endurance, says psychologist Becky …

  29. UnitedHealth shares log best day since 2020 after Buffett's new stake is revealed cnbc.com 3 days ago

    The advance came after Buffett's conglomerate Berkshire Hathaway revealed a stake of 5 million shares, worth about $1.6 billion.

  30. FBI Director Patel and foundation win defamation lawsuit against blogger, awarded $250,000 cnbc.com 2 days ago

    Blogger Jim Stewartson accused Kash Patel of being a "Kremlin asset," of trying to overthrow the U.S. government, and of planning the Jan. 6, …

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