President Donald Trump’s dealings with Intel and Nvidia amount to a “scattershot method of crony capitalism,” Walter Isaacson said Thursday. “That state capitalism often evolves into crony capitalism, where you have favored companies and industries that pay tribute to the leader, and that is a recipe for not only disaster, but just sort of a…
The Tour Championship tees off on Thursday, August 21st at 11:16 a.m. ET. Check out the complete list of tee times for the first round of the Tour Championship – all times Eastern. First Round Featured Groups 11:45 a.m.: Hideki Matsuyama, Shane Lowry 12 p.m.: Collin Morikawa, Viktor Hovland First Round Tee Times Tee No….
A woman takes pictures of the waves before Hurricane Erin’s near approach, in Kitty Hawk, North Carolina, U.S. August 20, 2025. Maria Alejandra Cardona | Reuters Hurricane Erin battered North Carolina’s Outer Banks with strong winds and waves that flooded part of the main highway and surged under beachfront homes as the monster storm slowly…
Marioguti | E+ | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight…
Check out the companies making headlines in premarket trading. Walmart — The big-box retailer slipped more than 2% . Walmart fiscal second-quarter revenue beat analyst estimates . Adjusted earnings of 68 cents per share may not have compared with the LSEG consensus estimate of 74 cents. The country’s largest retailer raised its full-year earnings and…
A person holds Google Pixel 10 Pro mobile phones during the ‘Made by Google’ event, organized to introduce the latest additions to Google’s Pixel portfolio of devices, in Brooklyn, New York, U.S., August 20, 2025. Brendan McDermid | Reuters While Google made a big splash with its Pixel 10 series of smartphones, it was the…
It’ll be a miracle once the Saints select their starting quarterback. In one corner, they have Spencer Rattler, who went 0-6 as a rookie starter last year. In the other corner is rookie Tyler Shough, a second-round pick with a wealth of college experience. So, who will take the first snap come Week 1? Check…
Increasing competition in the grocery delivery space could send Maplebear lower over the coming months, according to Wedbush Securities. The firm downgraded Maplebear, which does business as Instacart, to underperform from neutral and slashed its price target to $42 from $55, which implies nearly 8% downside from Wednesday’s close. This comes as shares have faced…
Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are known to invest for the long haul, sometimes for generations….
Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation. Speaking to CNBC from the Fed’s annual symposium in Jackson Hole, Wyo., Schmid pushed back on market pricing that points strongly to the Federal Open Market Committee lowering its key…
