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Eli Lilly to build $6.5 billion Texas manufacturing facility for obesity pill, other drugs

by CNBC Markets | September 23, 2025 11:08 pm | US Markets

More production capacity for the obesity pill is crucial as Eli Lilly races to bring it to market and tries to maintain its dominance in the GLP-1 market.

Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead

by CNBC Markets | September 23, 2025 10:14 pm | US Markets

Powell said Tuesday that weakness in the labor market is outweighing concerns about stubborn inflation.

Watch Fed Chair Jerome Powell speak live on interest rates and the economy

by CNBC Markets | September 23, 2025 10:14 pm | US Markets

Powell speaks Tuesday to the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon.

Trump gripes he didn’t get UN renovations contract in speech to General Assembly

by CNBC Markets | September 23, 2025 10:14 pm | US Markets

President Donald Trump, in a United Nations speech that lasted nearly an hour, criticized member nations on migration and called climate change a “con job.”

Bitcoin could soon have a big global buyer that has shunned it up to this point

by CNBC Markets | September 23, 2025 10:13 pm | US Markets

The creation of a U.S. strategic bitcoin reserve in March, when President Donald Trump signed an executive order, could serve as a key catalyst for a shift.

Nexstar-owned ABC affiliates won’t show Kimmel’s return Tuesday, joining Sinclair in preempting program

by CNBC Markets | September 23, 2025 9:10 pm | US Markets

Nexstar Media Group said it would join Sinclair’s ABC-affiliate stations in preempting the return of “Jimmy Kimmel Live!” on Tuesday.

Trump cancels meeting with top Democrats as government shutdown looms

by CNBC Markets | September 23, 2025 9:10 pm | US Markets

New York Democrats Sen. Chuck Schumer and Rep. Hakeem Jeffries say Trump will take the blame for a federal government shutdown if a deal can’t be reached.

Amazon to close all of its Fresh grocery stores in UK

by CNBC Markets | September 23, 2025 8:16 pm | US Markets

The company’s grocery business has undergone significant changes in the past few years, including trimming its brick-and-mortar store footprint.

Single-family rent growth is starting to show new weakness

by CNBC Markets | September 23, 2025 8:16 pm | US Markets

Rent growth has now fallen below the lower end of the 10-year average range of pre-pandemic growth. 

Chicago Fed President Goolsbee says officials have to be careful not to get too aggressive with rate cuts

by CNBC Markets | September 23, 2025 7:10 pm | US Markets

The policymaker told CNBC that further moves would depend on economic progress.

Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal

by CNBC Markets | September 23, 2025 6:14 pm | US Markets

The $100 billion deal between Nvidia and OpenAI was struck under the pressure of a looming deadline during President Trump’s U.K. trip.

Crypto startup Zerohash raises $104 million from Morgan Stanley, SoFi, Apollo and others

by CNBC Markets | September 23, 2025 6:13 pm | US Markets

Zerohash is among a wave of firms taking advantage of the more favorable regulatory environment for cryptocurrencies under President Donald Trump.

Amazon faces off against FTC over ‘deceptive’ Prime program

by CNBC Markets | September 23, 2025 5:16 pm | US Markets

The FTC complaint alleges Amazon “tricked and trapped” consumers into signing up for Prime, then making it too complicated to cancel their membership.

Nvidia and OpenAI’s $100-billion deal sparks global chip stock rally

by CNBC Markets | September 23, 2025 3:14 pm | US Markets

Key Nvidia-linked stocks including TSMC and SK Hynix were higher after the $100 billion OpenAI deal.

U.S. and global growth forecast lifted by OECD as economies surprise to the upside

by CNBC Markets | September 23, 2025 3:14 pm | US Markets

The OECD noted that many economies have been more resilient than expected so far this year.

Trump-Xi meeting likely to happen ‘early next year,’ says U.S. ambassador to China

by CNBC Markets | September 23, 2025 11:11 am | US Markets

U.S. Ambassador to China David Perdue spoke during a press conference with a group of U.S. lawmakers on a rare visit to Beijing — the first since 2019

Trump to meet top Democrats as their health care demands fuel government shutdown risk

by CNBC Markets | September 23, 2025 3:04 am | US Markets

Sen. Chuck Schumer urged President Donald Trump to meet with congressional Democratic leaders to negotiate a way out of the government funding stalemate.

Trump admin draws unproven link between autism and Tylenol ingredient use during pregnancy

by CNBC Markets | September 23, 2025 3:03 am | US Markets

Officials warned pregnant women against using acetaminophen unless they have a fever, and touted a lesser-known drug as a potential treatment for autism.

‘We need the smartest people’: Nvidia, OpenAI CEOs react to Trump’s H-1B visa fee

by CNBC Markets | September 23, 2025 1:06 am | US Markets

“We want all the brightest minds to come to the U.S. and remember immigration is the foundation of the American Dream,” Nvidia CEO Jensen Huang said Monday.

DA in ABC station shooting eyes Jimmy Kimmel suspension, Trump book and Epstein note

by CNBC Markets | September 23, 2025 1:06 am | US Markets

The shooting at ABC’s Sacramento affiliate occurred after the Disney subsidiary ABC suspended Jimmy Kimmel for comments about the killing of Charlie Kirk.
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