News from the economy, politics and the financial markets
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Why China's real estate market is still searching for a bottom
Sales of the top 100 developers plunged 36% in terms of value in November from a year earlier, according to data from China Real Estate Information Corp.
Tesla CEO Elon Musk bats for H-1B visas, says tariffs distort markets
Tesla CEO raises concerns over Trump's tariff policy and says he does not support closing of the H-1B visa program.
AI stock rally may be driven by fear of missing out, but strategists say hold tight
The European Central Bank on Wednesday warned of high valuations and increased concentration of global stocks.
'Be autonomous, earn your living, be free:' Veolia’s CEO on the family legacy that shaped her decisive leadership
Veolia’s CEO reflects on how the ground-breaking women in her family unlocked her career ambitions, why she wishes she had trusted her instincts earlier and why reframing our mindset is key to tackling global sustainability challenges.
Trump administration to inject up to $150 million into chip laser startup xLight
The Trump administration has agreed to take a stake in xLight - a startup seeking to develop free-electron lasers as key to making faster computing chips.
U.S. holiday shoppers shake off economic blues for online spending spree
U.S. consumers shrugged off worries about the economy after their Thanksgiving dinners and went on a $23.6 billion three-day online shopping frenzy that exceeded analyst expectations, kicking off the holiday season.
Costco sues Trump admin seeking tariff refunds before Supreme Court rules if they're illegal
Costco joined dozens of other companies that are seeking to protect their rights to refunds of Trump's tariffs without first waiting for the Supreme Court.
Strategist reveals an 'asymmetric AI' trade: 'A lot of upside without much downside'
Speaking with CNBC's "Squawk Box Europe," Schroders' head of multi-asset income Dorian Carrell revealed his advice to clients.
Tuesday's big stock stories: What’s likely to move the market in the next trading session
Stocks closed lower on Monday, snapping a five-day winning streak as a sell-off in cryptocurrencies weighed on investor sentiment.
TSA will charge $45 fee for air passengers without REAL IDs
The U.S. Transportation Security Administration said Monday it will charge travelers $45 starting February 1 if their IDs do not meet federal standards.
Eli Lilly cuts cash prices of Zepbound weight loss drug vials on direct-to-consumer site
The announcement comes weeks after President Donald Trump inked deals with Eli Lilly and Novo Nordisk to make their GLP-1 drugs easier for Americans to access.
Santoli's Monday market wrap-up: Stocks struggle with a mild hangover after five-day buying binge
An overnight surge in Japanese bond yields that seems to have undercut a tentative rebound in bitcoin put U.S. equities back on their heels to start December.
U.S. Republican senator calls for DOJ and Homeland Security to investigate Shein, Temu for counterfeiting: Reuters
Texas AG Ken Paxton also said he is investigating whether Shein violated state law related to unethical labor practices and the sale of unsafe products.
Trump October MRI results were 'perfectly normal,' White House doctor says
Trump’s physician, Dr. Sean Barbabella, said in a memo the cardiovascular and abdominal imaging were “perfectly normal."
Holiday shopping season kicks off with a solid start. Here are the big winners
Omnichannel retailers and a couple of beauty names look to be the biggest beneficiaries of Black Friday spending this year, according to analysts.
Strategy cuts full-year bitcoin yield and profit outlook amid crypto pullback: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin falls to its lowest level since April to kick off December. Plus, Strategy announces the company established a $1.44 billion cash reserve to fund dividends on its preferred stock. And, John Wang, head of digital assets at Kalshi, explains the prediction markets platform's big bet on Web3.
As regime change looms at the Fed, one candidate emerges as frontrunner for chair
President Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet.
Travel Tuesday tips (and credit cards) that help you save any time of year
Flexibility is key to securing the best deals, and a good travel credit card can boost your savings.
Wall Street comes out bullish on this electric airplane stock. Citi sees a 50% return ahead
Beta Technologies is working to certifity two electric airplane models with the Federal Aviation Administration before the end of the decade.
Chair of UK's fiscal watchdog resigns after early published report threw Budget into chaos
The U.K.'s Office for Budget Responsibility unexpectedly released its economic and fiscal forecasts ahead of the U.K.'s Autumn Budget on Wednesday.
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