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Treasury yields fall as investors endorse Trump's Treasury secretary pick, await inflation data

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U.S. Treasury yields were lower on Monday as investors weighed President-elect Donald Trump's Treasury secretary pick, and awaited a key inflation reading.

Published: 2024-11-25 11:54:09

Russian food prices are soaring — but no one dares blame Putin and the war

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Russian President Vladimir Putin has denied that Russia has exchanged "butter for guns" and blamed the price rises on "unfriendly" countries.

Published: 2024-11-25 09:18:47

The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving

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After years of spending capital freely on all-electric and autonomous vehicles, automakers are starting to pull back.

Published: 2024-11-25 11:00:01

UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion

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Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.

Published: 2024-11-25 08:36:48

'Wicked' soars with $114 million domestic opening, 'Gladiator' snares $55.5 million

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Universal's "Wicked" tallied an estimated $114 million domestic opening and Paramount's "Gladiator II" is set to haul in $55.5 million.

Published: 2024-11-24 16:30:28

Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

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"Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns," one financier told CNBC.

Published: 2024-11-25 06:09:16

Can Starbucks fix long lines at its airport cafes?

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Starbucks CEO Brian Niccol has said airport stores' performance could improve.

Published: 2024-11-24 12:00:01

Data centers powering artificial intelligence could use more electricity than entire cities

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The growing size of data centers is raising questions about power, land and the environment.

Published: 2024-11-23 12:46:24

How tech bros bought 'America's most pro-crypto Congress ever'

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Crypto showed up in force this election cycle, raising tens of millions to vote out the industry's critics and vote in its friends.

Published: 2024-11-23 13:52:34

Some Dems back Trump-pick Rubio for Secretary of State but remain critical of Hegseth, Gabbard and Gorka

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Trump has made a flurry of cabinet picks in the last two weeks and eyes are now on the U.S. Senate to confirm them.

Published: 2024-11-24 22:09:50

Singapore's inflation rate falls in October, hitting lowest point since March 2021

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Singapore's core inflation measure — which strips out prices of accommodation and private transport — came in at 2.1%, down from the 2.8% seen in September.

Published: 2024-11-25 08:48:44

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

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The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.

Published: 2024-11-23 00:13:47

'We can overcome climate change': Richard Branson says young people should not be down about the future

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Sir Richard Branson made the comments as he announced a partnership with the We Are Family Foundation, set up by musician Nile Rodgers after 9/11.

Published: 2024-11-24 23:02:19

Why the U.S. is growing less food

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Fruit production is down nearly 36% in 2024 from 2003, while vegetable production is down 6.3%, according to the U.S. Department of Agriculture.

Published: 2024-11-22 13:00:01

These key 401(k) plan changes are coming in 2025. Here's what savers need to know

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Starting in 2025, key 401(k) plan changes enacted via Secure 2.0 could make saving for retirement easier. Here's what investors need to know.

Published: 2024-11-23 14:00:01

Microsoft is finally testing its Recall photographic memory search feature. It's not perfect

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Microsoft on Friday finally started letting people test Recall, a so-called photographic memory search feature for the latest Copilot+ PCs. It's not perfect.

Published: 2024-11-23 13:00:01

'We were willing to risk everything': Gen-Z duo started a pasta sauce brand that brings in $1 million a month

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Winston Alfieri and Troy Bonde were just 20 and 21 when they came up with the idea for Sauz, which is now available at retailers around the country.

Published: 2024-11-24 15:00:01

Millennials say they plan to spend big this holiday season — 'I see a lot of optimism,' expert says

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Millennials plan to spend more than any other generation for the holidays, a new survey says. But using credit cards or payment plans may come at a high cost.

Published: 2024-11-24 14:00:01

41-year-old whose side hustle brings in $600,000 a year: This is the ‘best possible way' to make money

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Makeup artist Alexandra Rutkay launched Citymouse after growing frustrated by most diaper bags. Her side hustle now brings in six figures in annual revenue.

Published: 2024-11-22 23:05:19

Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits

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Ananym Capital is calling for changes at Henry Schein, which may help the company improve its profitability.

Published: 2024-11-23 12:47:51

Space vacations and retiring on Mars: SpaceX COO shares 3 visions for the company's future

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Gwynne Shotwell spoke with investor Ron Baron about interstellar travel, competition among space companies and the potential for better tech regulation.

Published: 2024-11-22 18:04:34

Nutritionist from Japan: The food I love eating every day—and that robust 90-year-olds in my life swear by

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"The most lively and robust elders in my life" eat this food, says Japanese nutritionist and longevity expert Michiko Tomioka. It "makes me feel healthier" too.

Published: 2024-11-23 12:15:01

The most you should pay for housing if you earn $80,000 a year

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Ideally, someone earning $80,000 would spend less than $2,000 a month on housing, but with rising costs, that’s often not realistic.

Published: 2024-11-23 15:00:01

'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend

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"Wicked" and "Gladiator II" arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales.

Published: 2024-11-22 18:15:43

Happiness coach: 3 easy ways to 'flip the script' on stress and anxiety to 'pump up the joy' in your life

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If you're experiencing a stressful time at work or in your personal life, start keeping a joy journal, says happiness expert Jessica Weiss.

Published: 2024-11-23 14:15:01

At 17, he bought a sandwich shop for $125,000—he renamed it Jersey Mike's and just sold it for $8 billion

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On Tuesday, Peter Cancro entered an agreement to sell a majority of his company Jersey Mike's Subs to Blackstone for a reported $8 billion.

Published: 2024-11-23 14:30:01

How the happiest people spend their weekends: Treat them ‘like a vacation,’ happiness expert says

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If you're feeling super exhausted at the end of the workweek, don't spend your weekend on chores and more tasks. Pretend you're on vacation, says an expert.

Published: 2024-11-23 14:15:01

33-year-old once worked 100-hour weeks to save $40,000 for his robotics startup—now it's worth $633 million

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Jake Loosararian bootstrapped Gecko Robotics far from Silicon Valley, sleeping on floors and struggling to make ends meet. Now it's worth hundreds of millions.

Published: 2024-11-23 14:15:01

'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis

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CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.

Published: 2024-11-22 18:45:55

Why X's new terms of service are driving some users to leave Elon Musk's platform

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Elon Musk's X implemented new terms of service that are driving some users off the microblogging platform. 

Published: 2024-11-22 16:00:01

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