The Latest Breaking News from CNBC

“There was nothing political about it,” the Fed governor told CNBC. “Just serious economic discussion.”

Morgan Stanley (NYSE:MS) has reportedly removed longstanding limits on which wealth clients can buy crypto funds, telling advisors they may place digital-asset products across account types, including retirement accounts, as part of a broader expansion of access beginning Oct. 15.

The policy may lead to high-performer flight and unhappy workers, experts say.

The market is speculating about Nvidia CEO’s blunt reaction to the AMD-OpenAI deal and Nvidia is in the spotlight again.

Microsoft Corporation (NASDAQ:MSFT) has partnered with Harvard Medical School to access its consumer health content on specific diseases and wellness topics, as the tech giant looks to diversify its artificial intelligence (AI) sources.  

The latest crypto rally has minted 70,000 new millionaires in the past year, according to CNBC Wealth Editor Robert Frank, who says the surge in Bitcoin and AI-driven tech is creating a "new class of wealth" unlike any previous financial cycle.

On CNBC's “Mad Money Lightning Round,” Jim Cramer says International Flavors Fragrances Inc. (NYSE:IFF) is “just flat lining.”

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director for Virtus Investment Partners named Arista Networks Inc (NYSE:ANET) as his final trade.

Major banking institutions are starting to warn of an impending market correction for AI companies and their stock prices. Although not all agree when it'll happen, most suggest it is coming as the major industry players continue to invest in each other, driving up investments and share prices in turn.