CNBC

'Big Short' investor Steve Eisman sees an Achilles heel in the AI boom

'Big Short' investor Steve Eisman sees an Achilles heel in the AI boom

Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just ...

1 week ago
Wholesale prices were flat in July, below expectations for 0.2% increase

Wholesale prices were flat in July, below expectations for 0.2% increase

The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus....

1 week ago
Goat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California law

Goat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California law

A goat herding business facing higher wage costs turned to prediction market platform Kalshi to hedge and help offset th...

1 week ago
Treasury yields dip as Wall Street awaits wholesale inflation data

Treasury yields dip as Wall Street awaits wholesale inflation data

U.S. Treasury yields dipped on Thursday as Wall Street digested the inflation print for July and looked ahead to further...

1 week ago
Oil prices drop as investors weigh falling demand against Middle East tensions

Oil prices drop as investors weigh falling demand against Middle East tensions

Oil futures retreated early Wednesday morning after prices rose overnight....

1 week ago
In pictures: Europe's best solar eclipse since 1999

In pictures: Europe's best solar eclipse since 1999

A total solar eclipse crossed Iceland and Spain on Aug. 12, while much of Europe saw a partial eclipse and businesses be...

1 week ago
World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC

World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC

Pandora is moving ahead with platinum-plated jewelry as it seeks to reduce its exposure to volatile silver prices despit...

1 week ago
‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows

‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows

The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's condi...

1 week ago
Maersk shares jump 7% after shipping giant smashes profit estimates and hikes outlook

Maersk shares jump 7% after shipping giant smashes profit estimates and hikes outlook

Danish shipping giant Maersk on Thursday posted stronger-than-expected quarterly profit and raised its full-year earning...

1 week ago