CNBC @cnbc-com

16 hours ago • global •

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Henry Kissinger, the towering American diplomat, dies at age 100

Henry Kissinger was the Holocaust survivor and Harvard professor who became the archetypal U.S. diplomat, master political manipulator and pop culture icon.

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17 hours ago • global •

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Elon Musk claims advertisers are trying to 'blackmail' him, says 'Go f--- yourself'

Elon Musk, the owner of social media site X (formerly Twitter), scoffed at advertisers boycotting the platform because of his controversial statements.

1 day ago • global •

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

The acceleration topped the initial 4.9% reading and was better than the 5% Dow Jones forecast.

1 day ago • global •

GM says union labor deals will increase costs by $9.3 billion

The UAW's targeted strikes, which ended in late October, cost GM $1.1 billion in adjusted earnings before interest and tax, or EBIT, in 2023.

1 day ago • global •

Former Trump advisor says the U.S. economy is 'back to normal,' but markets may be jumping the gun on rate cuts

The market is getting ahead of the likely pace of U.S. interest rate cuts, according to IBM Vice Chairman Gary Cohn.

1 day ago • global •

Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024

Central banks having hiked interest rates at breakneck speed and those rates are set to stay higher for longer while the lagged effects set in.

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2 days ago • global •

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Amazon announces new AI chip as it deepens Nvidia relationship

AWS will host a computing cluster for Nvidia to use. Simultaneously, AWS announced a new chip for training AI models, an Nvidia GPU alternative.

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2 days ago • global •

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'At the takeoff point': Ray Dalio says the Gulf states look 'very, very attractive'

The Bridgewater Associates founder highlighted the United Arab Emirates specifically, speaking during a CNBC panel at Abu Dhabi Finance Week.

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3 days ago • global •

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Ukraine's push into Russian-occupied territory was bold — but a breakthrough is far from guaranteed

Hopes have risen that Ukraine could have made a small but key breakthrough in its six-month counteroffensive.

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3 days ago • global •

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Nuclear's uncertain role in the shift away from fossil fuels is seen as critical and very contentious

Nuclear power is set to be a hot topic during discussions at COP28 in Dubai, which begins next week.

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3 days ago • global •

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Three Palestinian students shot near the University of Vermont

The Burlington Police Department reported that two of the three 20-year-old men are in stable condition, while the other is facing more serious injuries.

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5 days ago • global •

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Israel-Hamas war updates: Biden says pause in fighting is critical to get humanitarian aid to Gaza

A first batch of hostages abducted by Hamas on Oct. 7 has been released under the new Gaza cease-fire deal.

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6 days ago • global •

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Democratic Rep. Dean Phillips won't run for reelection as he challenges Biden for president

Some Democrats have criticized Phillips since he mounted a longshot primary bid against the incumbent president last month.

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6 days ago • global •

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iRobot shares close up 39% on report Amazon deal set to get EU approval

Shares of iRobot, the maker of Roomba vacuums, closed up about 39% Friday after a report said the European Union is set to approve Amazon's acquisition.

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6 days ago • global •

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Rare earth discoveries mean coal mines could have a key role to play in the energy transition

Calls for a phase out of coal are getting louder, but it could yet have a future when it comes to sourcing rare earth elements.

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