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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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…
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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…
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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.
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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.
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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 …
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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.
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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.
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'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.
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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.
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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…
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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.
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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
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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.
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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 …
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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…
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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 …
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$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.
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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…
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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…
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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…
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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.
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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.
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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.
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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…
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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.
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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.
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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.
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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 …
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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.
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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, …