CNBC – Stock Market News

With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, and CNBC World, CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to 410 million homes worldwide, including more than 90 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China.
CNBC has a vast portfolio of digital products, offering CNBC content to a variety of platforms such as: CNBC.com; CNBC PRO, a premium service that provides in-depth access to Wall Street.

House Judiciary Chairman and Trump foe Jerry Nadler nearly faints at press event with Bill de Blasio

Chairman of the House Judiciary Committee Jerry Nadler appeared weak while attending a Bill de Blasio press event on Friday May 24th, 2019. Source: NBC 4 New York House Judiciary Chairman Jerry Nadler appeared to nearly pass out at a press event Friday while sitting next to New York Mayor Bill de Blasio. Nadler, 71, appeared pallid and sick at the event in New York City promoting traffic safety me... »

Acting Defense Secretary Shanahan to meet with Chinese counterpart next week amid trade tensions

Deputy Secretary of Defense Patrick Shanahan hosts an honor cordon for Bosnia and Herzegovina’s Minister of Defense Marina Pendes at the Pentagon on Sept. 12, 2017. Department of Defense photo WASHINGTON — Acting Secretary of Defense Patrick Shanahan is slated to meet with his Chinese counterpart in Singapore next week, according to a senior defense official. The meeting, which is expected t... »

‘Few design changes’ for 2019 iPhone ahead of 2020 5G iPhone release, Barclays says

Apple chief design officer Jony Ive and Apple CEO Tim Cook inspect iPhone XR. VCG | Visual China Group | Getty Images In a note to investors on Friday, Barclays semiconductor analysts said Apple‘s 2019 iPhones will again offer “relatively few design changes” and that the company’s bigger update for the iPhone is planned for 2020. In September 2018, Apple launched the iPhone... »

Global Payments nears deal to acquire Total System Services for roughly $20 billion

Jeffrey Sloan, CEO, Global Payments Scott Mlyn | CNBC Payment technology company Global Payments is nearing an agreement to acquire peer Total System Services for about $20 billion, in an all-stock deal that is expected to be announced Tuesday, people familiar with the matter tell CNBC. The people requested anonymity because the talks are confidential. Global Payments declined to comment, while To... »

Three things could cause a ‘second wave’ in the market sell-off

Bukharova | Getty Images One Wall Street strategist is warning that three factors could trigger the stock market’s next sell-off before the end of May and push the major indexes to lows as the summer season gets under way. The combination of mounting recession fears, bets on a more cautious Federal Reserve and a regular uptick in market volatility at the end of May may be too much for equity... »

Self-made millionaire: 5 money mistakes young people make that destroy their chances of getting rich

There isn’t a single generation that hasn’t had money problems. But the sad truth is that millennials are struggling financially more than any other generation since the Great Depression. I get it, though. We live in a different world now. Things are more expensive. College debt sucks. Finding a job is hard. But that doesn’t mean getting rich is impossible. Years ago, before I bu... »

Facebook says the doctored Nancy Pelosi video used to question her mental state will stay up

Mark Zuckerberg, chief executive officer of Facebook Inc. Tony Avelar | Bloomberg | Getty Images Facebook has decided to keep an altered video of House Speaker Nancy Pelosi (D-Calif.) on its site that makes her speech appear slow and slurred, The Guardian reported Friday. Commenters, including President Donald Trump’s personal attorney Rudy Giuliani, have used the video to call into question... »

Memorial Day weekend comes with deals for car shoppers due to softer auto sales

With auto sales slowing, car shoppers are likely to find dealerships eager to move inventory over the Memorial Day weekend. While the holiday always marks a big sales push, this year it comes as cars are sitting on dealer lots longer before getting sold. The average in April was 75 days, about 6% higher than last year, according to auto-research company Edmunds. “The longer a car sits on a l... »

JP Morgan slashes second-quarter GDP forecast to just 1%

A truck hauls a shipping container at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California Mike Blake | Reuters J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first quarter. “The April durable goods report was bad, particularly the det... »

ACLU and Planned Parenthood sue to bar Alabama abortion law from taking effect

Pro-Choice protesters march through the streets of Birmingham, Alabama, during the March For Reproductive Freedom on May 19, 2019. Seth Herald | AFP | Getty Images The American Civil Liberties Union and Planned Parenthood filed a federal lawsuit Friday seeking to prevent Alabama’s recently passed abortion legislation — deemed the strictest in the nation — from ever being enforced. ... »

House Republican holds up $19 billion disaster relief bill expected to pass unanimously

People buckets filled with water after Hurricane Maria in Corozal, Puerto Rico, on Saturday, Sept. 30, 2017. John Taggart | Bloomberg | Getty Images Rep. Chip Roy, R-Texas, has objected to a $19.1 billion disaster relief bill that was expected to pass unanimously Friday. The bill is likely to next be considered when lawmakers return June 3.  This is breaking news. Check back for updates. ... »

A major Chinese chipmaker is delisting from NYSE but says it has nothing to do with the trade war

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the opening bell, May 8, 2019 in New York City. Drew Angerer | Getty Images One of the biggest Chinese chipmakers is delisting from the New York Stock Exchange amid the trade war, but the company said the decision is not related to the intensifying tensions between the United States and China. Semi... »

Trump appeals judge’s ruling that Deutsche Bank, Capital One can give Democrats financial records

U.S. District Judge Edgardo Ramos (L) is shown in this court room sketch during a hearing where he ruled that Deutsche Bank AG and Capital One Financial Corp must comply with subpoenas issued to them by two U.S. House of Representatives committees to provide financial records to lawmakers investigating U.S. President Donald Trump’s businesses, in Manhattan Federal Court in New York City, U.S... »

Trump administration to roll back health-care protections for transgender people

Jamison Crowell is the executive director of the DC Area Trans-Masculine Society, Friday, March 15, 2019, in Washington, DC. Jahi Chikwendiu | The Washington Post | Getty Images The Trump administration on Friday rolled back health-care protections for transgender people by moving to end an Obama-era policy that prohibited health providers from discriminating against patients based on their gender... »

Ron Insana: The market doesn’t realize this is more than a trade war — it’s a new Cold War

Chinese President Xi Jinping chats with President Donald Trump during a welcome ceremony in Beijing on Nov. 9, 2017. AP Photo | Andy Wong Back in 1997, a group of neoconservatives founded “The Project for a New American Century.” Led by Bill Kristol and other so-called neocons, including former Vice President Dick Cheney, former Defense Secretary Donald Rumsfeld and current National Se... »

Ron Insana: The market doesn’t realize this is more than just a trade war, it’s a new Cold War

Chinese President Xi Jinping chats with President Donald Trump during a welcome ceremony in Beijing on Nov. 9, 2017. AP Photo | Andy Wong Back in 1997, a group of neoconservatives founded “The Project for A New American Century.” Led by Bill Kristol and other so-called neo-cons, including former Vice President Dick Cheney, former Defense Secretary Donald Rumsfeld and current National S... »

Wall Street misunderstands Tesla, says analyst whose lowest price target is triple current levels

An analyst for a firm with a major investment in Tesla said Friday that recent drastic price-target cuts on the stock by others on Wall Street are missing the big picture. Ark Invest, whose founder predicted on CNBC last year that Tesla could hit $4,000 per share, stands by that call, even as the stock has lost about 40% of its value in 2019. Tasha Keeney, an Ark analyst, said in an interview... »

In these countries, you can retire for less than $2,000 a month

Science Photo Library / Getty Images You don’t need a million dollars to live a glamorous retirement, so long as you’re willing to leave the U.S. behind. “Most people assume that a high-flying existence like that is the purview of the rich and famous alone,” said Jennifer Stevens, the executive editor of International Living. They’re wrong, Stevens said. The website f... »

Shares of Foot Locker plunge 16% as earnings miss Wall Street estimates

Pedestrians walk past a Foot Locker store in New York. Michael Nagle | Bloomberg | Getty Images Shares of Foot Locker plummeted by more than 16% in morning trading Friday after the shoe retailer reported fiscal first-quarter earnings that missed Wall Street profit and revenue estimates. The company is under pressure as shoe companies, like Nike, are bypassing retailers altogether by selling direct... »

Zuckerberg reportedly held talks with Winklevoss twins about Facebook’s cryptocurrency plans

Facebook CEO Mark Zuckerberg has held talks with his old rivals the Winklevoss twins as the social media giant plans to launch its own cryptocurrency, the Financial Times reported. Facebook has held talks with cryptocurrency exchanges Gemini, which was founded by the Winklevoss twins, and Coinbase, the newspaper said Thursday, citing sources. The company is reportedly working on a way to use crypt... »