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Fed votes to reappoint all of its regional bank presidents

by CNBC Markets | December 12, 2025 4:05 am | US Markets

The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at in a move that came a bit earlier than usual.

Indiana Senate rejects redistricting bill that Trump demanded

by CNBC Markets | December 12, 2025 4:04 am | US Markets

President Trump and the GOP mounted an immense pressure campaign in Indiana as they try to make the congressional map more favorable before the 2026 midterms.

Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter

by CNBC Markets | December 12, 2025 3:08 am | US Markets

Broadcom’s stock is near an all-time high and has climbed 75% so far in 2025 as the company benefits from booming demand for AI infrastructure.

Costco tops Wall Street’s sales and revenue expectations

by CNBC Markets | December 12, 2025 3:06 am | US Markets

Costco said on Thursday surpassed Wall Street’s quarterly expectations as its sales rose 8.2% year over year.

Lululemon CEO Calvin McDonald will depart in January

by CNBC Markets | December 12, 2025 3:05 am | US Markets

DOJ fails again to get grand jury to indict New York AG Letitia James, a Trump target

by CNBC Markets | December 12, 2025 3:05 am | US Markets

The original indictments against Letitia James and former FBI Director James Comey had been dismissed by a judge.

The case for more Fed rate cuts could rest on a ‘systematic overcount’ of jobs numbers

by CNBC Markets | December 12, 2025 2:05 am | US Markets

There are indications that policymakers will be more inclined to cut further if the labor market stays weak.

Dow jumps 600 points to record as Oracle sparks rush out of AI trade into broader market: Live updates

by CNBC Markets | December 12, 2025 2:05 am | US Markets

The S&P 500 fell as Oracle’s results reignited fears about high-flying tech stocks.

Musk says SpaceX report of 2026 IPO is ‘accurate’

by CNBC Markets | December 12, 2025 2:04 am | US Markets

Elon Musk ally Jared Isaacman looks set to be confirmed as the new NASA administrator after President Trump re-nominated him for the role.

Trump willing to seize more oil tankers off Venezuela coast, White House official says

by CNBC Markets | December 12, 2025 2:04 am | US Markets

The Trump administration has launched a major military buildup in the Caribbean as it escalates pressure on President Nicolás Maduro.

The case for more Fed rate cuts could rest on a ‘systemic overcount’ of jobs numbers

by CNBC Markets | December 12, 2025 1:05 am | US Markets

There are indications that policymakers will be more inclined to cut further if the labor market stays weak.

Trump pushes for top prosecutor nominee Halligan after judge tosses Comey, James cases

by CNBC Markets | December 12, 2025 1:05 am | US Markets

The Senate’s “blue slip” tradition is likely to prevent Lindsey Halligan from becoming U.S. attorney for the Eastern District of Virginia.

Rivian announces new AI tech, in-house chip and robotaxi ambitions

by CNBC Markets | December 11, 2025 11:14 pm | US Markets

The company has also developed AI models to power its Autonomy+ subscription, which it intends to roll out early next year for $2,500 upfront or $49.99 a month.

Trump says ‘I guess’ U.S. could keep seized oil tanker — but a sale appears likely

by CNBC Markets | December 11, 2025 11:13 pm | US Markets

The U.S. government has kept the proceeds from past seizures of foreign oil, generating $47 million from forfeited Iranian assets in 2024

‘Spoof’ ship: Seized oil tanker Skipper hid location data, visited Iran and Venezuela

by CNBC Markets | December 11, 2025 11:11 pm | US Markets

The seizure of the oil tanker Skipper comes as President Donald Trump has escalated pressure on Venezuelan President Nicolás Maduro in recent weeks.

Broadcom reports fourth quarter earnings after the bell

by CNBC Markets | December 11, 2025 11:11 pm | US Markets

Broadcom stock is at all-time highs and has climbed 75% so far in 2025.

Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator

by CNBC Markets | December 11, 2025 8:14 pm | US Markets

Disney is investing in OpenAI and has licensed its iconic characters like Mickey Mouse, Ariel and Iron Man to be used in the Sora AI video generator.

Home prices go negative for the first time in over 2 years — and may stay that way for a while

by CNBC Markets | December 11, 2025 8:13 pm | US Markets

Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.

Bessent to propose major overhaul of regulatory body created from financial crisis

by CNBC Markets | December 11, 2025 7:20 pm | US Markets

In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.

JetBlue unveils first ever airport lounge, BlueHouse. Here’s what’s inside

by CNBC Markets | December 11, 2025 7:19 pm | US Markets

JetBlue is set to open its first ever airport lounge, BlueHouse, at JFK next week.
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