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The Latest Breaking News from CNBC

The Fed cut interest rates on Wednesday: What you need to know

Traders initially cheered when the Fed said it would cut rates by 50 points, as the market expected, but stocks closed in the red.

Fortune

Bill Gates says he'd start Microsoft again as an AI-centric firm to rival OpenAI and Google: "Today, somebody could raise billions of dollars for a new AI company [that’s just] a few sketch ideas"

In a recent interview, Microsoft co-founder Bill Gates indicated that he'd start Microsoft again as an AI-centric firm if he got another crack at the corporate world.

Windows Central

Trump Media stock falls after second assassination attempt against former president

The company’s share price also fell following last week’s presidential debate

The Independent UK

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Bill Gates explains the keys to his success during Microsoft's early years

"Back then, it was just: Is my code really good? Does it work? And can this company show the world that these microcomputers are big?"

Fortune

Cathy Engelbert apologized to WNBA players for failing to condemn abusive Caitlin Clark and Angel Reese fans

Cathy Engelbert apologized to players for botching an opportunity to call out unhinged fans. Here's what she said.

USA Today Sports Media Group

Food and the real cost of Trump tariffs

However, other topics related to hunger — like SNAP, WIC or universal free school meals — were ignored

Salon

Bank of America Stock Falls As Warren Buffett Keeps Selling

Bank of America stock is lower Wednesday on news Warren Buffett's Berkshire Hathaway sold another chunk of its stake in the bank. Here's what you need to know.

Kiplinger

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WNBA Commissioner Issues Clarification After Failing to Condemn Online Abuse

WNBA commissioner Cathy Engelbert appeared on CNBC's Power Lunch on Monday. During the interview she was asked about the toxic online discourse surrounding the

Sports Illustrated

Amazon To Build Data Centers In UK With $10.45 Billion Investment

Amazon expects that its investment in the U.K. will contribute approximately 14 billion pounds to the country's gross domestic product by the end of 2028. Additionally, it is expected to support over 14,000 jobs across various businesses in the region.

International Business Times

Apple Stock Drops on News of Hefty Irish Tax Bill: What to Know

Apple stock is down Tuesday after the European Union ruled the tech giant must pay Ireland 13 billion euros in back taxes. Here's what that means for investors.

Kiplinger

Bill Gates says the world is facing a 'major war' or another pandemic

Bill Gates, the cofounder of Microsoft, says he is kept up at night by the threat of a world war or another pandemic.

Fortune

Boat Dealer MarineMax Sees Shares Surge After Citi Puts A Buy On Stock

Analyst James Hardiman told clients that the company could benefit when the Federal Reserve cuts its benchmark interest rate.

International Business Times

CEOs Grok Guided Psilocybin Trips At Canada Luxury Resort

'It makes better leaders,' say entrepreneurial mushroom couple

International Business Times

Nikki Haley Says 'We're In World War III'

The former United Nations ambassador is supporting Donald Trump for president

International Business Times

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Fortune

Bill Gates says retirement 'sounds awful' and wants to work another 30 years

“My friend Warren Buffett still comes into the office six days a week. So, I hope my health allows me to be like Warren.”

International Business Times

Norfolk Southern CEO Alan Shaw Accused Of Inappropriate Workplace Relationship: Report

The Atlanta-based freight railroad's board of directors is investigating the allegations with the help of outside legal advisers

International Business Times

Eighty-eight Corporate Leaders Endorse Harris For Continued 'Strength' Of Democracy, Economy

Letter signers include Yelp, Snap and Box CEOs, media empire heir James Murdoch, former CEOs of PepsiCo, Lyft and Merck

InsideEVs

Toyota Cuts EV Goals, Also Gets Billions In Battery Subsidies From Japan

Also on Critical Materials: More on the German auto industry's "multiple challenges," and South Korea forces EV makers to name names.

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news in one place.

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TechRadar

Samsung's promised XR platform might first arrive as a pair of smart glasses

Speaking to CNBC, Qualcomm CEO Cristian Amon just gave us our best hint at what Samsung's future mixed reality platform might land as.

International Business Times

Beyond Meat Is Launching A Steak Alternative

The company is seeking to attract more health-conscious consumers as part of a strategy to bolster its bottom line

USA Today Sports Media Group

Ravens are 21st in CNBC’s NFL team valuations

CNBC released their rankings about an hour before the NYSE opened on Thursday, and the Baltimore Ravens, unfortunately, did not place well

International Business Times

GOP-led States Sue Education Dept. To Block Biden's Student Loan Forgiveness Program

Several states sued the Education Department to prevent it from implementing billions-worth of student-loan forgiveness.

The Texas Tribune

In South Texas, SpaceX faces skepticism over environmental damage

A federal agency has paused some of SpaceX's plans amid concerns over the environment.

The Independent UK

Former Republican senator from Pennsylvania blasts presidential hopefuls: ‘Neither can be my choice’

Vice President Kamala Harris is currently polling ahead in most swing states, including Pennsylvania

International Business Times

Key Ingredient In Weight Loss Drugs Ozempic And Wegovy Cuts Risk Of COVID Death: Report

People being treated with the drugs, which both contain semaglutide, had a 33% lower risk of dying from the disease, study found

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