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The Latest Breaking News from CNBC

US Faces £760 Billion Tariff Refund Crisis If Supreme Court Rules Against President Trump, Report Says

A CNBC report warns the US could face a £760bn ($1tn) tariff refund crisis as the Supreme Court reviews President Trump's use of emergency trade powers.

International Business Times UK

Trump Asks Department Of Justice To Look Into JPMorgan Ties To Jeffrey Epstein

President Donald Trump said on Friday that he has asked the Department of Justice to examine the connections between his onetime associate Jeffrey Epstein and several prominent figures.

Benzinga

Trump accused of caving to big business after deal to cut Swiss tariffs to 15%

Rolex denies ‘any negotiation’ with US although luxury watchmaker entertained Trump and gave him gold clock

The Guardian - US

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'You Do Want A Bubble,' Says Groq CEO Jonathan Ross On AI Frenzy — Insists The Money Will Be 'Returned With Interest' Despite Fears Of A Crash

The surge of money into artificial intelligence is a sign of activity, not a warning sign of collapse, according to Groq CEO Jonathan Ross.

Benzinga

Michael Burry Clears The Air On Math Behind His Palantir Options Bet, Teases New Move After Shutting Down Hedge Fund

Investor Michael Burry sought to clarify certain misconceptions about his latest options bet against Palantir Technologies Inc. (NASDAQ:PLTR), after details of the position were widely misinterpreted in media reports.

Benzinga

As Healthcare Costs Spiral Out Of Control, This Texas-Based Startup Raised $130 Million To Disrupt It All

Healthcare startup Harbor Health said it has raised $130 million in a recent funding round, which was led by its existing investors General Catalyst, 8VC, and Alta Partners. Tech mogul Michael Dell's family office, DFO Management, also increased its monetary support.

Benzinga

Why Disney Stock Is Up This Year but Still Can’t Beat the S&P 500 — or Can It?

Disney shares are still lagging behind the S&P 500 despite a midyear surge. What’s holding the stock back right now -- and could a turnaround be coming?

GOBankingRates

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Top Analyst Says Oracle's 'Irresponsible' AI Bet Differs From 'Healthy' Microsoft And Google Demand: A 'Bad Business' With 'Very Low Margins'

A prominent technology analyst has slammed Oracle Corp.'s (NYSE:ORCL) high-profile AI strategy, labeling it “bad behavior” and an “irresponsible investment” that relies on speculative demand, unlike the “healthy” and established customer-driven AI buildouts at Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN), and Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google.

Benzinga

Spend for Happiness — 3 Expert Tips That Work on Any Budget

Money can buy happiness...if spent wisely. Learn to invest in personal growth, relationships and time-saving services for lasting joy and financial well-being.

GOBankingRates

CEOs Everywhere Are Trying To 'Reimagine And Automate Processes,' Says Goldman Sachs Chief, Predicting A Major Wave Of AI-Driven Productivity

Business leaders are reshaping how work gets done as artificial intelligence spreads across global industries, Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said.

Benzinga

'Don't Bet Against Crazy People,' Says Ross Gerber. 'Shorting Palantir Is A Bad Idea'

Ross Gerber is warning investors not to bet against Palantir Technologies Inc. (NASDAQ:PLTR).

Benzinga

As COP30 Talks Climate, Investors Are Acting On It — Through These ETFs

As world leaders assemble in Brazil’s Amazon rainforest at COP30, the 30th U.N. climate conference, the disconnect between political rhetoric and market reality becomes visible. With the U.S. notably absent (the Trump administration confirmed it won’t send any high-level officials-investors), investors are increasingly filling the vacuum left by policymakers: channeling…

Benzinga

CoreWeave Has a ‘Tremendous Long-Term Opportunity’ But Is Stuck in Limbo Here. Should You Buy, Sell, or Hold CRWV Stock for 2026?

Down over 50% from all-time highs, CoreWeave is an AI stock that offers significant upside potential to shareholders.

Barchart

Expert Claims Gas Prices Likely To Fall 10 to 30 Cents in November — Here’s Why

One expert predicted that gas prices may fall this winter by as much as $0.10 to $0.30. Learn what’s driving the drop in prices and what could derail it.

GOBankingRates

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Benzinga

Jim Cramer Grills CoreWeave CEO Over Data Center Delays Despite $55.6 Billion Backlog

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator was questioned by CNBC's Jim Cramer on Tuesday regarding data center delays that have impacted the company’s stock, despite reporting a massive $55.6 billion backlog.

Benzinga

From $20K To $1M: The Nvidia Trade Jim Cramer Called Back In 2017

CNBC host Jim Cramer has been a longtime supporter of Nvidia (NASDAQ:NVDA), regularly praising Chief Executive Jensen Huang's leadership and urging investors to hold the stock even during volatile periods.

Benzinga

Not a 'Zombie Company': Scale AI's CFO Says People 'Mischaracterize' Deal That Sparked Founder Joining Meta, Boasts Misunderstood Trajectory

The artificial intelligence industry was sent into a tailspin in June when Meta announced a staggering $14.3 billion investment in Scale AI. The deal, widely seen as an elaborate scheme to hire the startup’s founder Alexandr Wang and key personnel, CNBC reported, left observers questioning whether the company could survive.

Benzinga

Boomers Can Sell Their Businesses More Lucratively Thanks To Trump's New Tax Law

Small business owners preparing to exit their companies in the coming years could save millions in taxes under provisions of President Donald Trump‘s One Big Beautiful Bill Act, which was enacted in July.

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Benzinga

'We Could Be Looking At A True Inflection Point For Cannabis,' Optimism Surges Among Investors Thanks To The 'Trump Effect'

There have been some signals over the last several months that President Donald Trump may be considering a more permissive stance on cannabis. This potential for change at the federal level, dubbed "the Trump effect," has produced new levels of optimism among cannabis investors, CNBC reports.

Benzinga

A Bitcoin-Backed Mortgage? This Proposal May Become 'An Innovative Path To Wealth Building'

Bitcoin (CRYPTO: BTC) became the centerpiece of two major policy moves in Washington as Senate leaders struck a bipartisan deal to reopen the U.S. government and the Trump administration advanced a proposal to allow cryptocurrency to be listed as mortgage collateral.

Tom’s Hardware

Undersea comms cable investments double to $13 billion in over two years — ever-growing danger of cable cuts looms

$13 billion in two years towards undersea data cables

Benzinga

Jim Cramer Says AI Bulls Want OpenAI To Keep Spending — But Worry It Can't: We Are Hearing About 'Cracks'

OpenAI's aggressive push to dominate the artificial intelligence landscape may be showing signs of strain, according to CNBC's Jim Cramer, who warned that the company's massive spending spree could test even the strongest bulls in the AI trade.

Benzinga

Meta, Marathon Petroleum, Exxon Mobil And An Industrial Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Joby Aviation, Inc. (NYSE:JOBY) is in a pullback.

GOBankingRates

5 Expensive Items Everyone Should Sell Before Retiring

A good thing to prioritize, given that, according to CNBC, Americans are more worried about running out of money in retirement than dying.

Fortune

American Airlines CEO says the government shutdown is impacting holiday travel bookings: 'Nobody wants to put up with hassle'

American Airlines canceled more than 200 of its 6,200 scheduled flights on Friday as air traffic reductions began.

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