Trump-Kim meeting seen unlikely this year by U.S. officials, Reuters reports
Coffee bars. Waterparks. Retail therapy. North Korea — a country few would associate with leisure or pleasure — is experiencing an unlikely outbreak of fun.
Business
Wealthy Chinese move offshore money to U.S. banks as Beijing’s tax net widens
SINGAPORE — Wealthy Chinese rattled by Beijing's widening hunt for overseas wealth are turning to a once-familiar refuge for their money: the U.S.
My partner of 17 years left me his $1 million home. His children are crying foul. Am I obliged to split it with them?
Dressed up in a Minnie Mouse costume for her son’s school Halloween party, Melissa Fox tried to put on a brave face for her 6-year-old boy and the world.
SpaceX records $561 million investment gain from stake in Elon Musk's Boring Co.
SpaceX said on Thursday that its stake in Elon Musk's The Boring Co. netted the company an investment gain of $561 million during the third quarter.
Etsy bans AI-generated recipes and patterns from its online marketplace
Etsy said Thursday it will no longer allow merchants to sell AI-generated recipes and patterns on its online marketplace, as part of a wider push to set firmer rules around the use of artificial intelligence on its plat…
OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors
OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.
Trump asked Musk to lift Starlink slowdown, WSJ reports
Elon Musk, a critic of Ukrainian President Volodymyr Zelenskyy, had ordered the slowdown of SpaceX's Starlink, The Wall Street Journal previously reported.
Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump
Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showing
3 big reasons Micron and other chip stocks fell hard on Thursday
Investors are spooked by Tesla’s lower spending target, Lam Research’s weaker-than-expected forecast and a fresh reminder that the AI boom relies on outside funding.
Trump defends Ramaswamy ad with Acton's estranged mom after bipartisan criticism
Ohio Gov. Mike DeWine said GOP gubernatorial nominee Vivek Ramaswamy should remove the ad featuring the mother of Democratic nominee Amy Acton.
10-year Treasury yield tumbles below 5% to lowest level in nearly a month
Treasury yields fell sharply on Thursday, with investors turning to safe havens amid a steep sell-off in stocks driven by concerns around the artificial intelligence trade and surging oil prices.
Moderna shares plunge after leak of cancer vaccine data despite positive results
Moderna shares dropped as much as 25% on Thursday following the leak of partial data on its closely watched cancer vaccine developed with Merck.
Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
With less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg is staying in California if the wealth tax passes.
Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze
Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.
Elon Musk invests about $1 billion in Skydance
Elon Musk has made an investment in Skydance of roughly $1 billion, according to a person familiar with the matter who asked not to be named because they were not authorized to speak publicly.
SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns
Musk’s biggest political bet is on the Senate, where control could shape future investigations, federal spending and regulations affecting SpaceX and Tesla.
FIFA launches tender of 2030 men's World Cup U.S. media rights, plans to choose winner by end of year
FIFA is launching its tender offer Thursday for the 2030 U.S. media rights with an option for potential partners to also buy rights for the 2034 World Cup. FIFA wants bids in by Nov. 19.
Jobless claims near the lowest since the 1960s as low-fire trend continues
Employers continue to hold onto workers even as hiring remains weak, sending weekly jobless claims to around their lowest levels in records that stretch back nearly six decades.
Musk's clash with Ukraine accelerates demand for Starlink alternatives. Few exist
Elon Musk's latest clash with Ukraine underscores the critical role that his company's Starlink satellite internet service has played in Kyiv's defense against Russia, which invaded unprovoked in 2022.
Investors’ recent money moves show a preference for quality over momentum within the S&P 500
Just when the headlines appear most supportive—inflation is rising, geopolitical risk is escalating and confidence in fiat currency is being questioned—gold can suddenly move in the opposite direction.
Under-the-radar stocks to play the next leg of the energy trade with oil prices jumping again
It seems to be the question many in the energy markets are asking. We are about to enter the ninth month of the Iran war. Or Iran "conflict." At this point, it's not very clear what to call it. The only thing right now …
Third-party evaluators find vulnerabilities in OpenAI monitoring system during test pilot
Nonprofit evaluators METR and Redwood Research on Thursday said they conducted a pilot review of an internal monitoring system at OpenAI, the artificial intelligence company's latest effort to determine how it will deep…
Trump's approval rating on economy hits all-time low as midterm looms: CNBC survey
With less than two weeks to go before the congressional elections, Americans are nearly as gloomy about the economy as they were when the nation was emerging from the pandemic, and President Donald Trump's economic appr…