News from the economy, politics and the financial markets
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Blue Owl considers reviving merger of private credit funds, contingent on fund's share price, sources say
Blue Owl Capital is considering reviving a plan to merge two of its private credit funds if the share price of the larger fund improves.
Trump administration unresponsive after containership fire, Port of Los Angeles chief says
As a containership continues to burn, the head of the Port of Los Angeles has repeatedly asked the Trump administration for help.
Dow futures rise 200 points as market attempts rebound into the holiday week: Live updates
The stock market is closed on Thursday for Thanksgiving Day, and ends early at 1 p.m. ET on Friday.
'Wicked: For Good' soars to $150 million domestic opening
Universal's "Wicked: For Good" tallied an estimated $150 million domestic opening during its first three days in theaters.
Bessent believes there won't be a recession in 2026 but says some sectors are challenged
Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump's policies.
Kohl's to name Michael Bender as permanent CEO, Bloomberg News reports
Kohl's is expected to appoint Michael Bender as its permanent chief executive as early as Monday, Bloomberg News reported on Sunday, citing a source.
Stop saying ‘don’t cry’—to raise confident, emotionally intelligent kids, use these 5 phrases instead
This phrase "can make kids feel like their emotions and tears aren't okay," says therapist and child life specialist Kelsey Mora. Here's what to say instead.
Cheapest ways to get the Amazon Prime Visa for the holidays
The Prime Visa offers some of the best Amazon rewards, and you might be able to get it at a discount
'Painful' ambition can ruin your career, leadership coach says—how to heal your relationship with success
After a health crisis, Amina AlTai redefined her relationship with ambition. Here are her tips for pursuing career success in a healthy way.
College grads face one of the toughest job markets in a decade — 'Right now is a really difficult time to find a job,' expert says
This year, those armed with a newly minted diploma face one of the toughest job markets in a decade.
Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption
At Microsoft's annual Ignite conference this week, IT buyers explained why Microsoft isn't seeing runaway success with its Copilot AI assistant.
'Stakes are high.' With shutdown over, airlines predict record numbers of travelers this Thanksgiving
Airline executives are hoping for a smooth Thanksgiving after a rocky fall because of the government shutdown.
Top Wall Street analysts favor these 3 stocks for solid upside potential
TipRanks' ranking service discusses three stocks favored by Wall Street, including Microsoft and Booking Holdings.
A U.S.-China trade truce means more localized technology. How to play it
As the U.S. and China settle into an uneasy one-year truce, the takeaway for investors is that each country will double-down on homegrown tech, analysts said.
U.S., Ukraine and European officials hold Geneva talks on Trump plan to end war
Officials from Europe, the United States and Ukraine gathered in Geneva on Sunday to discuss a draft plan presented by Washington to end the Ukraine war.
U.S. senators say Rubio told them Trump’s Ukraine peace plan is Russia’s ‘wish list.’ Rubio denies it
Lawmakers say Secretary of State Marco Rubio told them Trump's plan for peace in Ukraine is a "wish list" of the Russians.
China says Japan sent 'shocking' wrong signal on Taiwan
The row, the biggest China-Japan crisis in years, has spread to trade and cultural relations.
This famous perfume entrepreneur sold her name to Estée Lauder. It's her only regret
"I feel the law needs to change actually... because people are selling their businesses with their names," Ms Jo Malone CBE told CNBC's Steve Sedgwick.
Global week ahead: Which tail is wagging the market dog?
After a wave of volatility roiled global stocks this week, investors want to know which tail is wagging the market dog.
Fed's Collins: Still leaning against cutting rates in December amid persistent inflation, labor market risks
Federal Reserve Bank of Boston President Susan Collins said she's still leaning against the U.S. central bank cutting its interest rate target next month.
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