Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White House whittles down what has suddenly become a crowded field. In a CNBC “Squawk Box” interview, Bessent confirmed the race…
Chinese national sentenced for North Korea smuggling
Photos of a gun and parts of military electronics that were found on Shenghua Wen’s phone, according to the U.S. Department of Justice. Courtesy: U.S. Department of Justice A Chinese national living in the U.S. was sentenced to eight years…
Databricks says it’s valued at over $100 billion in new funding round
Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that values the company at over $100 billion. That would make…
Senior living market can’t keep up with demand as boomers age
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors…
Stick to Walmart, not Target, ahead of earnings this week, investment chief says
It’s clear which big box retailer is pulling ahead this earnings season. Victoria Greene, investment chief at G Squared Private Wealth, told CNBC’s “Power Check” on Tuesday that Target has lost its way, while competitor Walmart has a deep understanding…
Trump targets museums with college playbook
The Smithsonian Institution’s National Museum of American History is seen from the Washington Monument on June 19, 2025 in Washington, DC. Kevin Carter | Getty Images President Donald Trump on Tuesday said he has ordered his lawyers to snuff out…
Trump expands steel and aluminum tariffs to 407 more products
U.S. President Donald Trump walks with North American Flat-Rolled Segment Senior Vice President and Chief Manufacturing Officer Scott Buckiso, Plant manager of Irvin and Fairless Plant Donald German and Mon Valley Works United Steel Corporation Vice President Kurt Barshick, as…
Tech’s AI deals are leaving behind zombie companies, investors say
Jaque Silva | Nurphoto | Getty Images Jeff Wang got a big promotion last month. There were lots of tears, but not the happy kind. The 39-year-old was unexpectedly named interim CEO of artificial intelligence coding startup Windsurf. The company…
FDA approves Signos glucose monitoring for weight loss
Woman with Signos wearable and app Source: Signos The Food and Drug Administration on Wednesday approved the first-ever glucose monitoring system specifically for weight loss from the startup Signos, establishing a new option for Americans to manage their weight. Current…
Tourists tackle geopolitical risks, currency moves and extreme heat
Geopolitics, currency moves and extreme weather are increasingly playing into tourists’ considerations for their next vacation and affecting classic holiday destinations. Staple European spots France, Spain and Croatia, for example, have been facing record-breaking heat in recent weeks, which triggered…
West Virginia governor deploys hundreds of National Guard troops to Washington
Versant to rename MSNBC, drop peacock logos
Weekly mortgage demand stalls again with just miniscule increase in interest rates
Novo Nordisk offers diabetes drug Ozempic for steep cash discount
Musk’s Starlink suffers apparent outage as SpaceX launches satellites