Most Read

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing

There’s nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers “recession,” let alone screams it.

The market is mispricing Webster Financial’s return potential, says KBW’s Chris McGratty

Christopher McGratty, KBW head of U.S. bank research, joins 'Closing Bell Overtime' to talk the bank sector and how to invest in the space in 2024.

Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says

A combination of geopolitical tensions and continued central bank buying should see gold demand remain resilient next year, according to the World Gold Council.


Recent News

Here’s where the jobs are for November 2023 — in one chart

Health care and government hiring led the way in November.

Inflation expectations plunge in closely watched University of Michigan survey

The latest University of Michigan consumer sentiment survey showed the one-year outlook for the inflation rate slid to 3.1%.

How a 75-year-old Indian-American tech entrepreneur is betting $1 billion of his own fortune on AI’s future

Romesh Wadhwani made a fortune in tech and now he is betting $1 billion of his money on three enterprise AI software technologies.

Google weighs Gemini AI project to tell people their life story using phone data, photos

A team at Google has proposed using AI technology to create a “bird’s-eye” view of users’ lives using mobile phone data such as photographs and searches.


Trading

Google faces controversy over edited Gemini AI demo video

It comes as the company races to challenge OpenAI’s GPT technology.

DJ duo The Chainsmokers want to use AI to clone their own voices

The Chainsmokers see AI as reshaping the music industry, but not the powerful connection between fans and real artists, the DJ duo said at the CNBC Work Summit.

Rakuten makes first mobile foray into Europe as Japanese tech giant grapples with debt overhang

Hiroshi “Mickey” Mikitani told CNBC that he believes Rakuten’s mobile unit will be “one of the most profitable businesses.”


World News

U.S. approves first gene-editing treatment, Casgevy, for sickle cell disease

Casgevy uses the Nobel Prize-winning technology CRISPR to treat sickle cell disease, a blood disorder that affects about 100,000 Americans.

Inflation expectations plunge in closely watched University of Michigan survey

The latest University of Michigan consumer sentiment survey showed the one-year outlook for the inflation rate slid to 3.1%.

Google weighs Gemini AI project to tell people their life story using phone data, photos

A team at Google has proposed using AI technology to create a “bird’s-eye” view of users’ lives using mobile phone data such as photographs and searches.


Business

Why automakers are turning to hybrids in the middle of the industry’s EV transition

Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.

Starbucks tells union it wants to resume contract talks in January

The potential restart of talks could open a window to resolve a stalemate in one of the most high-profile labor disputes in the U.S. in recent years.

Paramount shares jump after reports of takeover interest

Paramount shares surged Friday following reports that RedBird and Skydance were exploring a potential takeover.