
Keurig Dr Pepper CFO’s leap to CEO of coffee spinoff fueled by key career moves
KDP will split into two U.S.-listed companies following its acquisition of JDE Peet’s.
Investment strategies and portfolio management
KDP will split into two U.S.-listed companies following its acquisition of JDE Peet’s.
My old boss Steve Jobs cared about hardware, and it still matters.
France's CAC 40 index plunged 2% on Tuesday as analysts assessed the potential for a fresh period of political instability.
While UBS’s Paul Donovan told clients the attempt was “completely unprecedented,” Wharton’s Jeremy Siegel argued her ousting adds “noise but little substance” compared with the Fed’s longer-term polic...
Despite investors' initial harsh reaction, Tim Cofer's big strategic shift makes sense for KDP.
Trump is effectively putting more money in families’ pockets with one hand, and taking a big chunk of it back with the other.
European markets open lower as France faces the latest no confidence vote in the government over a budget dispute.
American Hugo Ortega quit his job in engineering to travel the world. Along the way, he entered the yachting industry and worked up from deckhand to captain.
A $150 billion investment pledge from South Korean companies, an order of 103 airplanes from Boeing, as well as a purchase of South Korean ships was announced
As GLP-1 adoption grows and new applications for the drugs come to light, experts say that could have sweeping impacts for both health outcomes and the economy.
Investors will be keeping a close watch on South Korean stocks following a meeting between U.S. and South Korean presidents over a trade deal.
It's the latest effort by both Republicans and Democrats to respond to public clamor for more disclosure in the investigation into Epstein.
Currently, plus-size passengers can either pay for an extra seat in advance or they can request a free extra seat at the airport.
Cracker Barrel Old Country Store on Monday issued a statement responding to the backlash it faced last week over its rebranding and new logo.
Just months after Lee Jae Myung took office, his meeting with President Donald Trump was a pivotal foreign policy test for the newly elected president.
"We're going to be [suing] through the Department of Justice," Trump said when asked about Democratic Gov. Gavin Newsom's redistricting push in California.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Mania over "blind box" shopping is catching on across the Chinese economy with everyone from travel agents to supermarkets offering their own versions.
The stake in Intel is part of a broader strategy to create a sovereign wealth fund that could include more companies, Hassett said Monday.
Elon Musk started xAI as a public benefit corporation, but dropped that distinction last year as the company's operations in Memphis, Tennessee were expanding.
Increased volatility is expected for the U.S. dollar-Canadian dollar pair.
The U.S. last week ordered the company to halt construction of an almost completed project.
From “AGI Sherpas” to “Feel the AGI,” the hype hit fever pitch over the past three years. Now the mood is shifting to pragmatism — though the stakes are higher than ever.
After its planned acquisition of Dutch coffee company JDE Peet's, Keurig Dr Pepper will split its beverage and coffee units into two separate U.S.-listed firms.
The Hang Seng Tech index rose 3.11%, with strong moves seen in Nio, which gained 13.64% and ASMPT, which increased by 6.74%.
Shares of China's Dongfeng Motor Group skyrocketed after its parent company announced on Friday plans to take the automaker private at a premium.
Sen. Bernie Moreno pressed Commerce Secretary Howard Lutnick to expand steel tariffs to include steel-based products like washing machines and refrigerators.
“Private credit funding of artificial intelligence is running at around $50 billion a quarter, at the low end, for the past three quarters."
Private equity wants In on Your 401(k). Let’s get the safeguards right.
Renewable power executives say difficulty getting permits, rising costs due to tariffs and the end of key tax credits are making it tough to plan.
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including EOG Resources and Home Depot.
Eli Lilly's orforglipron could have a few advantages over a pill from Novo Nordisk, including a lack of dietary restrictions and easier manufacturing.
The 38-year-old actor was a globetrotting presenter for BBC and ESPN before Hollywood director John Chu offered him a life-changing role via Facebook DM.
Gary Marcus told Fortune that AI valuations remind him of Wile E Coyote. "We are off the cliff."
Nobel Laureates are set to meet in Lindau, Germany this week.
The Justice Department late Friday gave Congress the first trove of documents to comply with a subpoena by the House Oversight Committee.
Remarks from Fed Chairman Jerome Powell sparked a broad stock market rally on hopes of an interest rate cut sooner than later.
The next billion-dollar story might not come from California. It could come from a city where the coffee is stronger and the buildings are older.
The question for us as innovators is: Are we building systems that protect that pride or chip away at it?
The stage seems to be set for a long-term mutually beneficial relationship between the parties.
With millions of PTO left on the table each year, Lactalis U.S. Yogurt CEO Bill Cassidy argues normalizing time off is a competitive advantage—not a concession.
The government is getting 433.3 million shares of non-voting stock priced at $20.47 apiece — a discount from Friday's closing price at $24.80.
Americans in a recent survey said they 'should' be able to retire at age 58, on average. Here's what to consider before retiring early.
"I actually never saw the President in any type of massage setting," Epstein's imprisoned former girlfriend told the Justice Department.
The FBI searched the home and office of the former national security adviser as part of a probe into the potential mishandling of classified information, a person familiar with the matter said.
Noland Arbaugh, who lost movement and sensation below his shoulders in 2016, became P1 at Neuralink in 2024 and it’s opened up a host of opportunities for him.
Profit and sustainability regulations are dividing clubs and fans alike. A new FT game challenges players to navigate the restraints and lead their club to glory
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
The restaurant chain has gotten heat, accused of going too woke.
Student loan borrowers who've fallen behind on their payments could soon see the U.S. Department of Education take a portion of their paychecks.
In a CNBC interview, the policymaker did not share the market's enthusiasm for a cut.
Independent central banks can more easily take unpopular steps to fight inflation, such as raise interest rates, which makes borrowing more expensive.
Musk has taken up legal arms against Sam Altman’s OpenAI, not only trying to acquire it in a hostile takeover, but claim the startup breached its contract
The OpenAI CEO and his husband, Oliver Mulherin, welcomed a baby boy in February.
"Superman," "Lilo & Stitch" and "Fantastic Four" helped propel the summer box office haul above 2024 levels, but ticket sale momentum is about to stall.
Past and present “Canvanauts” will be able to sell up to $3 million of their vested equity, an internal email says.
Multimillionaire baby boomer Julia Stewart grew IHOP’s business and got back at her former employer after being denied the top role. Spanx’s and FedEx’s founders also created billion-dollar companies ...
The electric carmaker has been locked in a legal battle over Elon Musk's $56 billion pay package from 2018.
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.
Alphabet and Meta compete in online advertising, but Meta needs more data center infrastructure as it pursues artificial intelligence growth.
Fed Chair Jerome Powell's market-moving speech is this morning, while Nvidia's plans for China are in focus.
Nova Sky Stories is also raising $50 million from various investors, including Katzenberg’s tech investment firm, WndrCo.
We’ve been forecasting workforce trends for more than 70 years and AI is the cape, but humans are the superheroes.
The U.S. and European Union shared an updated trade framework on Thursday, granting businesses some much needed clarity
John Deere has reported significant hits from weaker agricultural demand, but Wall Street still sees optimism for the company's road ahead.
Workers assemble cars on the assembly line at a Volkswagen automobile factory on March 7, 2025, in Wolfsburg, Germany.Sean Gallup | Getty Images News | Getty Imagess listed in Europe...
Trump is tying wind and solar projects up in ever-increasing bureaucratic layers and reviews while expediting fossil fuels.
Nio's U.S.-listed shares rallied, climbing 9.27% to close at $5.54. In Hong Kong, shares rose as much as 10% in Friday morning trading.
Nvidia's Jensen Huang made a visit to Taiwan on Friday, where he showered praise on TSMC, calling it one of the greatest companies in history.
India and Russia reaffirmed plans to expand trade, with New Delhi seeking to boost exports to narrow its deficit with Moscow.
That comes after a Nikkei Asia report on Thursday that stated that the automakers are "passing some of the expense of U.S. tariffs."
China's gaining momentum in its ambitions to further its lunar agenda, locking Beijing in an increasingly tight space competition with Washington.
A handful of Nasdaq-listed Chinese companies crashed last month after heavy promotion on social media
In early 2025, xAI CEO Elon Musk asked Meta's Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI, new court filings revealed.
Walmart lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. The big-box retailer ended Thursday as the Dow's biggest loser.
Jeep and Stellantis unveiled a new Jeep Cherokee on Thursday in a bid to reinvigorate the company's sales.
Workday exceeded estimates for earnings and revenue and issued guidance that was largely inline with what Wall Street expected.
Clearwater Police said the “unique nature of this case has required us to interview multiple witnesses and seek medical records from a variety of providers, and our detectives continue to do that.”
Shares of Cracker Barrel plunged roughly 10% on Thursday after the restaurant unveiled its new logo earlier this week as part of a larger brand refresh.
Tesla sells electric vehicles equipped with a standard Autopilot system, or premium Full Self-Driving Supervised option, which is also known as FSD, in the U.S.
Drugmakers are investing more in U.S. manufacturing as President Donald Trump threatens tariffs, but facilities can take years to build.
Trump has a newfound taste for state involvement in the private sector. It’s a palette Sanders has long enjoyed.
Private investment firms of Leon Cooperman and other finance billionaires disclosed surprising stock moves.
Steve Jobs’ $10 million bet on Pixar turned him into a billionaire, long before the introduction of the iPhone.
Walmart has a three-pronged strategy to deal with tariffs, and is making sure shoppers aren’t the only ones taking a hit.
Apple TV+ monthly subscription will be $13 in the U.S. and other countries starting Thursday.
Over $73 billion has been wiped off high-flying Palantir's market cap in recent days.
OpenAI CEO Sam didn’t build his fortune off his modest CEO salary—the tech titan worth $1.9 billion instead made critical early investments in Uber, Airbnb, and Reddit that yielded hundreds of million...
The U.S. and European Union had first struck a trade agreement in July, but many details were left unresolved at the time.
Google develops Android, the operating system found on over 3 billion devices, which gives it a strategic advantage to hook users on its Gemini-powered AI.
The app will offer two subscription plans and grant access to ESPN's full content slate outside the traditional TV bundle for the first time.
Michael Fiddelke will become chief executive on Feb. 1, 2026.
From 2019 to 2024, average CEO pay at these firms climbed 34.7%, compared to just a 16.3% rise for their average worker pay. Inflation was 22.6% over the same period.
Gen Z’s economic anxiety—as well as disinterest in casual dating—has led many young people to spend little to nothing on dates.
German business leaders were hopeful about the new government, and are now calling on Chancellor Friedrich Merz to turn promises into actions.
Meta Platforms has paused hiring for its AI division, ending a spending spree that saw the company acquire a wave of high-priced AI researchers and engineers.
The big-box retailer warned in May that it would have to raise prices because of higher tariffs.
In getting rid of enterprise discounts for certain products, some Microsoft clients could face significant price increases.
Mambu, an Amsterdam based, SaaS firm is banking on the region's younger people gravitating towards financial solutions that adhere to Islamic principles.
The 20-year Target veteran will soon lead the company's efforts to make a comeback.
The president's comment comes after the administration tightened federal permitting for renewables last month.
Robotics startup Field AI has closed two funding rounds, with investments from Nvidia's venture capital arm and Amazon founder Jeff Bezos' family office.
Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too soon to cut rates, minutes showed.
It comes after SoftBank announced it would invest $2 billion in the struggling chipmaker.
Even as Meta reorganizes once more to chase AI ‘superintelligence,’ the company’s core business still lives and dies by advertising revenue
Black Cowboy joy is spread by 'Boots on the Ground' viral line dance
The group’s letter argues that Tesla shareholders likely “did not believe they were voting on an equity plan that would cover compensation to Mr. Musk” all the way back in 2019.
Civ Robotics is a startup that uses robots as land surveyors. The robots can mark thousands of placement points per day for solar panels on solar farms.
The lawsuit, filed in state court, alleges that TikTok is violating Minnesota laws against deceptive trade practices and consumer fraud.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
End-of-life management of used and discarded smartphones, computers, servers, and hard drives, and the massive amount of data stored on them, is a big business.
OpenAI has ballooned in size since the launch of ChatGPT in late 2022 and is expected to triple in revenue to $12.7 billion this year.
Alaska will join other airlines in raising the requirements to earn elite status.
The NEC director firmly led when asked who the president will choose from among 11 names being considered.
Fiddelke will take over as Target CEO as the big-box retailer tries to win back both customers and investors after roughly four years of stagnant sales.
Investors’ long-running enthusiasm for artificial intelligence showed signs of faltering on Tuesday as tech stocks tumbled.
Claire's announced Wednesday that it is selling most of its North American business in an effort to stave off liquidation after filing for bankruptcy.
Trust in AI is needed for AI to flourish over time, delivering gains for humanity.
The U.S. president has purchased hundreds of bonds issued by companies, local governments and school boards.
From the 1990s to the 2010s, I watched as CEOs flexed their power. It’s time to flex again.
TJX Cos. reported earnings and revenue that beat estimates and raised its full-year guidance, as the discounter said it can offset pressure from tariffs.
Hertz will start selling pre-owned cars on Amazon Autos, a move meant to bolster the car rental company's retail business as it looks to bring in more profits.
Epic says it's developing roughly 200 different AI features for patients, clinicians and insurers.
Dr. Megan Rossi, the 36-year-old award-winning gut health scientist and TV expert swears by a 20-minute Peloton bike ride for when it all gets too much.
CEO Wang Ning says even he’s been unable to accurately predict earnings growth amid a global collecting frenzy for Labubu dolls.
Asia-Pacific markets fell Wednesday, tracking Wall Street declines overnight, as investors parsed Japan's trade data and China's loan prime rate decision.
Investors are looking for signs that the struggling big-box retailer is getting back on track.
Pop Mart has seen booming global demand for its Labubu plushies that have become a worldwide sensation.
Losses were also seen in other technology stocks in South Korea, Taiwan and Hong Kong.
The fall was sharper than the 2.1% contraction expected by economists polled by Reuters and compared to the 0.5% drop seen in June.
Federal officials detected Cesium-137, a radioactive isotope, in shipping containers and a sample of breaded shrimp imported from Indonesia.
Trump's call for a repeat of his approach to colleges and universities suggests Smithsonian museums' funding could become a major pressure point.
Chains like McDonald's, Starbucks and Dutch Bros are banking on new beverages to drive sales, particularly from Gen Z consumers.
Conditions are like they were in 2007, or in the late 1990s, depending on how you look at the Fed raising rates during rising inflation, and the top 50 stocks dominating.
Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.
The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.
Keychain, a manufacturing platform, has seen an uptick in “natural” projects from its customers as food retailers respond to the healthy eating push.
Treasury Secretary Scott Bessent told CNBC on Tuesday that India is "profiteering" off of Russia's invasion of Ukraine
Sam Altman says AI might be in a bubble—then touts trillions for OpenAI’s buildout. Call it the paradox powering Silicon Valley’s biggest spending spree.
Quazi defied every expectation since he was 10. Now, the teen prodigy is defying the Silicon Valley allure.
S&P Global warned U.S. government debt credit ratings could "come under pressure" if political developments affect the independence of the Federal Reserve.
Triangles, for Nvidia, represent both a nod to history, but also a crucial lesson learned.
The results could reinforce Eli Lilly and Novo Nordisk's dominance in the booming market for weight loss and diabetes drugs.
The S&P 500 slipped 0.2% and remains near its all-time high set last week. The Dow was up 68 points, or 0.2%, as of 9:35 a.m. ET, and the Nasdaq composite was down 0.4%.
India buys Russian oil, refines it into gasoline and diesel, and then sells the product back to regions that have sanctioned Russia such as Europe.
This pullback was an overreaction and an opportunity to bulk up our position.
OpenAI CEO Sam Altman says the next version of ChatGPT will be more personal than its predecssors.
Wall Street analysts are confident the artificial intelligence boom still has room to run. Even if Sam Altman, the OpenAI chief executive at the center of it all, appears less confident.
Clubs in the biggest European soccer leagues made over $20 billion in revenue in the 2023-24 season, and the higher valuations are attracting U.S. investment.
Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.
Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.
An analysis of IPO-related filings from the first two weeks of August show an alarming lack of gender diversity.
Chili’s reported a 24% jump in same-store sales in its most recent earnings report.
The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips Act funding as part of the equity.
Tourists are pivoting away from Europe's traditional summer hotspots amid concerns over blistering heat and raging wildfires.
Tech's biggest names all raised capital expenditure guidance to keep pace with AI demand, with Microsoft, Amazon, Alphabet and Meta all set to spend big.
Elon Musk's aerospace and defense contractor also successfully launched a fresh group of satellites to bolster its Starlink network.
As Home Depot, Target and Walmart prepare to report earnings, retail inventory method accounting could change how tariffs affect their profitability.
Humanoid robot athletes competed in dance battles, martial arts, track and field and soccer.
More employees plan to stick around in their current jobs, despite growing economic concerns stoking resentment toward employers.
Here's our Mailbag mailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can't offer personal advice. We will only consider more general...
In 2018, Musk vigorously denied he had attended a “sex party,” saying he thought it was just a costume party.
Altman also said that he thinks we’re in an AI “bubble.”
After receiving backlash from a staff memo posted on LinkedIn, Duolingo CEO is clarifying that full-time roles are safe.
Founded in 1995, Soho House has never turned a profit.
The post How to Buy Gold Coins by Savannah Munholland appeared first on Benzinga. Visit Benzinga to get more great content like this. Buying gold coins is a popular way to invest in precious metals, o...
Thanks to AI and disappearing career growth, staffers are silently but massively disengaging with their employers. Welcome to “quiet cracking.”
The post Gold Price Forecast for 2025 and Beyond by Sarah Edwards appeared first on Benzinga. Visit Benzinga to get more great content like this. Gold has long been a safe-haven asset, prized for its ...
Patients can pay $499 in cash per month for three dose sizes of Ozempic through the company's direct-to-consumer pharmacy and GoodRx, among other platforms.
They're the first real public-facing changes in Versant's upcoming separation from Comcast's NBCUniversal.
When Dani Reiss was promoted to Canada Goose's top job at 27 years old, he couldn’t bring himself to proudly print his shiny new CEO title on paper
“If this anti-satellite nuclear weapon would be put in space, it would be the end of the space age,” Rep. Mike Turner said.
It is the first deployment under an agreement that Google and Kairos signed last year to the launch the startup's nuclear technology at a commercial scale.
Some Americans are planning to work longer to make up for the retirement gap, but some economists say the labor market may have different plans.
Hot toys such as Squishmallow building sets, Hasbro's Spider-Man action figures and Mattel's Barbie were included in container manifests.
Workers are clinging to their jobs as they sour on their prospects in the labor market.
OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, similar to the dotcom bubble, he recently told reporters.
Britain and Belgium saw the biggest gains in holdings, while India — currently embroiled in a trade battle with the Trump administration — and Ireland posted declines.
The A320 series is poised to overtake its US competitor as the most-delivered commercial airliner in history.
My findings led to SEC investigations, congressional hearings, and the resignations of more than 70 executives.
My early career as a kindergarten teacher was more than a first job; it was a masterclass in leadership, adaptability, and the power of learning environments.
The millennial founders of The Nitro Bar turned a $1,500 investment into a multimillion-dollar company—thanks to college students and viral TikTok videos.
A handful of colleges and universities across the country are tuition free for all students.
HelloSky takes a different approach to recruiting top tech candidates.
The great question now is whether OpenAI can possibly maintain its wide lead.
In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth, they won’t meaningfully reduce it.
The secondary share sale will give OpenAI employees a chance to get cash-rich amid a high-stakes talent war in the AI industry.
On Aug. 15, top Senate Democrats warned Trump about AI chip deal with China in an open letter
Wall Street speculated on how a spate of economic data would impact the Federal Reserve's next interest rate decision.
Kingston and his mother, Janice Eleanor Turner, were convicted in March by a federal jury of conspiracy to commit wire fraud and four counts of wire fraud.
Grant Hardin was captured 1.5 miles northwest of the Calico Rock prison on June 6. Authorities said he escaped by donning an outfit he designed to look like a law enforcement uniform.
U.S. officials worry that if the fly reaches Texas, its flesh-eating maggots could cause billions of dollars in losses and cause already record beef prices to rise even more.
While three-quarters of mid-career rural workers say they’re willing to train for new jobs, most say they haven’t taken any courses to do so — often because they lack broadband access.
Anand Rao is a Distinguished Service Professor of Applied Data Science and AI at Carnegie Mellon University. He’s published over 160 papers on AI and Computer Science, and advised nearly 100 companies...
SoundHound AI CEO Keyvan Mohajer grew his Stanford dorm room start-up into a $6.5 billion company, fueled by a refusal to just be “average.”
Some Americans believe they should start saving for retirement at age 27, a report found. Here's how to get there.
·Fortune IntelligenceMeta spends more guarding Mark Zuckerberg than Apple, Nvidia, Microsoft, Amazon, and Alphabet do for their own CEOs—combinedBy Dave SmithBy Dave SmithEditor, U.S. NewsDave SmithEditor, U.S. NewsDave Smith is...
Market saturation at home, rising costs and intense price wars are testing the resilience of the country's bubble tea brands.
The talks are still in early stages and the details could change.
Applied Materials cited weakness from leading edge customers and said China clients are easing spending after a period of rapid manufacturing.
Starboard Value, which successfully pushed for changes at Salesforce a few years ago, has upped its stake in the software provider.
Trump has called Intel CEO Lip-Bu Tan both “highly conflicted” and possessing “an amazing story.”
We think waiting for slight pullbacks in each before buying would be prudent.
The advance came after Buffett's conglomerate Berkshire Hathaway revealed a stake of 5 million shares, worth about $1.6 billion.
Goolsbee said a mixed bag of inflation data coupled with uncertainty over tariffs have given him pause about lowering rates.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
In six-week internships, athletes gain business experience, professional skills and career mentorship, while also learning the ins and outs of insurance.
Retail sales rose 0.5% last month, maching economists' estimates.
Gov. Michelle Lujan Grisham, a Democrat, is responding to violent crime and drug trafficking across a swath of northern New Mexico, including two Native American pueblo communities.
The year 2025 will be remembered for a stunning reversal in workforce equity: almost 300,000 Black women exited the labor force.
Airlines are seeing an earlier drop-off in summer travel as children return to school earlier.
AI agents are on the rise, but clear employee boundaries are emerging.
Private investment firms of the wealthy are doubling down on alternatives like private credit and infrastructure, per Preqin.
Niccol said Starbucks was founded on customer experience, and wants to return the brand to a position of excellence.
A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.
Hedge fund giant Bridgewater Associates divested from U.S.-listed Chinese stocks in the second quarter, signaling a clear pullback from the market.
"People look either for the premium brand or the economy brand. So what will get squeezed ... is actually the core brands in the middle," Carlsberg's CEO said.
"Trump wants to exhaust all options to have a peaceful end to war," the White House said Thursday. Whether those "options" are good or bad for Ukraine is key.
Italy's Agenzia Spaziale Italiana (ASI) became the first client who's signed on to send scientific experiments aboard SpaceX's first commercial flights to Mars.
The International Court of Justice recently delivered its first-ever advisory opinion on the obligations of states in respect of climate change.
People are looking at becalmed market conditions and writing them off as the result of a quiet summer
This was compared to the revised 0.1% growth seen in the first quarter, and was higher than the 0.1% increase expected by economists polled by Reuters.
Since its debut, GPT-5 has more than doubled coding and agent-building activity and driven an eight-fold jump in reasoning workloads.
The Omaha-based conglomerate bought more than 5 million shares in the healthcare firm for a stake worth about $1.6 billion at the end of June.
Millions of Americans rely on Social Security benefits for income. As the program reaches marks its 90th anniversary, those payments may be poised to change.
China is “set up to hit grand slams,” longtime Chinese energy expert David Fishman told Fortune. “The U.S., at best, can get on base.”
Details of the proposed framework were first reported by The New York Times.
The Jefferies strategist told CNBC that central bankers shouldn't be daunted by the PPI showing inflation pressures hotter than expected.
New research shows that scrubbing risky material from AI training data can build safeguards that are harder to bypass—and one author calls out tech giants for keeping such work under wraps.
In 2034, Social Security will only be able to pay 81% of benefits, at the current pace.
There is no denying that the price dynamics of energy commodities has been lackluster.
The Dallas-based businessman plans to keep the team in Oregon, according to reports.
The Knight Foundation said the gift that will be used to shift the scientific approach to cancer treatment, research and patient care outcomes.
The artificial intelligence-powered software company's cofounders include renowned venture capitalist Peter Thiel and current CEO Alex Karp.
Tapestry said costs from higher duties will total $160 million for the full year and hit its profit outlook.
Amazon has boasted that it's building a digital "supercenter that's actually super to shop at"—a thinly veiled swipe at its retail rival.
John Deere beat on the top and bottom lines Thursday but said that the company is taking a large hit from tariffs.
In 2023, the International Trade Commission found that Apple's blood oxygen sensors infringed on intellectual property from Masimo.
The PIF's assets under management climbed 19% from the end of 2023 to $913 billion, making it one of the largest sovereign wealth funds on the planet.
The producer price index was expected to a show a 0.2% increase for July, according to the Dow Jones consensus estimate.
General Motors unveiled the Cadillac Elevated Velocity, a new concept car aimed at building on the brand's all-electric luxury crossover segment.
Dundon owns the NHL's Carolina Hurricanes, and he's the majority owner of the Pro Pickleball Association and Major League Pickleball.
Revenue from operations in the UK, Europe, Australia, New Zealand, and China now make up more than 50% of the Singapore transport operator's revenue.
The U.K.'s 0.3% April-June economic growth outpaced a 0.1% analyst forecast.
Voltify, a start-up, has a bold ambition to convince Class 1 railroads to buy its battery-electric VoltCars, charged via a U.S. network of microgrids
Cisco posted Q4 revenue up 7.6% to $14.67 billion and its 2026 forecast on track with strong AI infrastructure orders.
A survey shows most business travelers have taken family or friends on their work trips, but some choose to not disclose this to their companies.
Igor Babuschkin, who helped start xAI in 2023, said in a post on X that he's leaving the artificial intelligence startup to launch his own venture firm.
Brinker International CEO Kevin Hochman unpacked the company's recent quarter in an interview with CNBC's Jim Cramer.
Perplexity AI's offer of $34.5 billion for Google's Chrome browser is a lot lower than where some analysts value the business.
A lot of the backpacks, lined paper, glue sticks — and Ticonderoga pencils — sold in the U.S. are made in China, whose products were subjected to a 145% tariff in the spring.
Amazon is also using AI to help it predict local customer preferences so it can stock popular items alongside items targeted for specific communities.
One of the biggest changes in the women’s soccer ecosystem in recent years has been media coverage of the sport.
Investors rotated to small companies and turned away from megacap technology stocks that have led the market in recent years.
"We stand by the results of this study,” Goldman economist David Mericle told CNBC's Squawk on the Street on Wednesday.
The service is launching in more than 1,000 U.S. cities and towns, with plans to expand to at least 2,300 locations by the end of this year.
After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CoreWeave's stock dropped about 18% after the renter of artificial intelligence data centers reported a bigger-than-expected loss.
The two neighbors have had a century-long treaty allowing Liechtenstein to share Switzerland’s economic area and engage in free trade.
Users on prediction market Kalshi are increasing their chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve Chair.
Walmart said it's extending its employee discount to the grocery aisles.
The size of the Fed Chair candidate list and the process described suggest a decision is not imminent and could take a considerable amount of time.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud.
Finance·KodakKodak’s corporate doom: 133-year-old photo icon warns investors it may cease operations with $500 million debt blemBy Eva RoytburgBy Eva RoytburgFellow, NewsEva RoytburgFellow, NewsEva is a fellow on Fortune's news...
AI is attracting wealth faster than a ChatGPT search, bringing in more billion-dollar valuations than the dot-com boom has ever seen.
CoreWeave expanded its business with OpenAI during the second quarter, and it's also working with banks Goldman Sachs and Morgan Stanley.
As part of his departure, former Kroger CEO Rodney McMullen forfeited all of his unvested equity and bonuses—a total of $11 million.
Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts warn that rising core inflation to 3.1% and upcoming jobs data could still ...
Tehran has said it remains open to restarting direct talks with the U.S., but stopped short of accepting the terms to abandon its uranium enrichment program.
The U.S. hit $34 trillion in debt in January 2024, $35 trillion in July 2024 and $36 trillion in November 2024.
Heritage Foundation economist E.J. Antoni questioned the reports' accuracy after President Donald Trump fired the prior Bureau of Labor Statistics chief.
President Donald Trump said that Goldman Sachs boss David Solomon should "just focus on being a DJ" if he does not get a new economist.
“I’ve never overhyped or played into the Silicon Valley kool-aid drinking tech bro stereotypes,” said Life360 co-founder Chris Hulls in a farewell blog post.
Trump insisted "Trillions of Dollars are being taken in on Tariffs.” Several sources calculate the trillion-dollar mark to be years away.
Cava also announced an investment in Hyphen, a restaurant automation startup.
The consumer price index rose 2.7% in July on an annual basis. There's some evidence tariffs are putting upward pressure on inflation, economists said.
The company said it expects ticket sales to hit 200,000 by the time of the first screening.
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