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Asia-Pacific equity markets broadly declined on Tuesday, mirroring weakness in New York where investors continued to reduce exposure to prominent artificial intelligence names. Losses in Oracle, Broadcom and Microsoft on Monday, with the three companies shedding more than 5%, 2% and 1% respectively, set the tone for a cautious session across the region. Market participants […]
A video released by ABC News Live captures the moment a pickup truck loses control on an ice-covered roadway in Connecticut, underscoring the treacherous driving conditions that have blanketed large portions of the Northeast. The footage shows the vehicle sliding sideways across the slick surface before disappearing from view, highlighting how quickly a routine trip […]
With only a few weeks left on the 2025 calendar, some investors are looking for tactical adjustments to their portfolios. Recent trading data and corporate developments have placed Applied Digital and Netflix in the spotlight as possible destinations for a modest, higher-risk investment of about $1,000. Although the companies operate in very different markets, both […]
Authorities in Australia say a civilian intervened during a mass shooting at Bondi Beach and removed a firearm from the suspect, ending the immediate threat before police arrived. The man’s swift action has become a central focus of the investigation as officials work to establish a clear timeline of events, determine a motive and account […]
WASHINGTON — Internal records indicate that the U.S. Food and Drug Administration approved a trip costing more than $250,000 for 31 employees to attend an international pharmaceutical conference in Singapore while the agency was operating under the constraints of the longest federal government shutdown on record. The documents, reviewed by CNBC and summarized in agency […]
New York Federal Reserve President John Williams said the U.S. central bank’s quarter-point interest-rate reduction last week places monetary policy in a favorable spot to navigate 2026, adding that he expects price pressures to keep easing while the labor market cools. Speaking on Monday at a New Jersey Bankers Association gathering in Jersey City, Williams […]
Washington, D.C. — President Donald Trump has pledged to revive American shipbuilding, positioning the sector as a cornerstone of national security and economic growth. While the White House’s “Make American Shipyards Great Again” initiative aims to expand production of liquefied natural gas (LNG) carriers, polar icebreakers and Navy vessels, officials acknowledge the effort cannot advance […]
Boston-based iRobot Corp. entered Chapter 11 bankruptcy protection on Sunday, positioning itself for a court-supervised sale to its primary contract manufacturer, privately held Picea Robotics, after a year of steep tariff-related cost increases and declining revenue. The maker of Roomba and Braava household cleaning robots submitted its voluntary petition in the U.S. Bankruptcy Court for the […]
A newly surfaced video shows a bystander intervening during an armed incident at Bondi Beach, wrestling a firearm from an individual identified as the alleged shooter. The images, recorded on a mobile device, document the brief but decisive confrontation in which the civilian brings the weapon under control and prevents the gunman from regaining possession. […]
The climbing price of everyday goods is leading a larger share of U.S. consumers to tighten their budgets for the 2025 holiday season, according to the latest CNBC All-America Economic Survey. The nationwide poll of 1,000 adults, which carries a margin of error of ±3.1 percentage points, shows that 41% of respondents intend to spend […]
The head of Britain’s Secret Intelligence Service, Sir Blaise Metreweli, will tell an audience in London on Monday that President Vladimir Putin is pursuing a deliberate strategy of spreading disorder abroad, a policy she argues is reshaping modern conflict and confronting the United Kingdom with complex security risks. Metreweli, who became the first woman to […]
Television commentator Jim Cramer argued that Apple Inc. would see little direct benefit from the Federal Reserve’s recent interest-rate cut, citing the company’s exceptionally large cash position and limited reliance on external borrowing. His comments were made on December 13, 2025, during a discussion of how lower rates could ripple through major technology names. Cramer pointed […]