Here are the most important news items that investors need to start their trading day: 1. Roaring to a record Stocks are on a tear heading into the last full trading week of the year. The Dow Jones Industrial Average notched an intraday record high on Friday, as investors welcome expectations that the Federal Reserve … Read more
The Apple Watch Ultra 2 is seen as people lined up to buy the newly launched iPhone 15 and other Apple products at an Apple store in Palo Alto, California, on Sept. 22, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Apple has lost a bid to delay an impending Apple Watch import ban, … Read more
Warner Bros. Discovery and rival Paramount Global are in early merger talks, a source familiar with the matter told CNBC. Warner Bros. Discovery CEO David Zaslav and Paramount CEO Bob Bakish met Tuesday to discuss the contours of a possible deal, said the source, who declined to be named since the talks are private. Warner … Read more
Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice announced Thursday. Four men have been indicted and two arrests have been made in one of the most sweeping enforcement actions yet on a type … Read more
Republican presidential candidate and former U.S. President Donald Trump attends a campaign event in Waterloo, Iowa, U.S. December 19, 2023. Scott Morgan | Reuters Lawyers for Donald Trump on Wednesday urged the Supreme Court not to consider — yet — the question of whether he has presidential immunity from prosecution for federal crimes related to … Read more
Soumyabrata Roy | Nurphoto | Getty Images Drugmakers are closing out a year when they achieved several historic firsts that will shape the pharmaceutical industry in 2024 and beyond. The weight loss drug market transformed into the pharmaceutical industry’s newest gold rush this year, as demand for costly but highly effective treatments from Novo Nordisk … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. stocks climbed higher Thursday morning, with the S & P 500 up 0.4%, a day after the Dow Jones Industrial Average hit a record high . The rally … Read more
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably strong but affordability is worse than it has ever been, some social media users say, even when compared to The Great Depression. One of TikTok’s … Read more
A banner for electric scooter rental company Bird is displayed outside of the New York Stock Exchange as the company goes public via a SPAC on Nov. 5, 2021. Spencer Platt | Getty Images The electric scooter company Bird, once valued at $2.5 billion by investors, filed for Chapter 11 bankruptcy protection in Florida federal … Read more
Jason Momoa stars as Arthur Curry, aka Aquaman, in Warner Bros.’ “Aquaman and the Lost Kingdom.” Warner Bros. Discovery Stick a trident in it. “Aquaman and the Lost Kingdom” opens Friday, marking the final installment in Warner Bros. Discovery’s DC Extended Universe film franchise and likely Jason Momoa’s final turn as the titular hero. The … Read more
