A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California. Mario Tama | Getty Images The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube. The FTC claimed the company allowed data to be…
Check out the companies making the biggest moves midday: Bruker — The diagnostics solutions stock dropped more than 11% after it announced the sale of $600 million in convertible stocks. The decline puts Bruker on pace for its biggest one-day drop since July 21, when it slid 12%. Sprinklr — Shares dipped 8% after the…
Sen. Rand Paul (R-Ky.) on Wednesday criticized the Trump administration’s decision to take a 10% stake in embattled chipmaker Intel, calling the investment “a step towards socialism.” Intel announced last month that the U.S. government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10%…
A “Now Hiring” sign at a Journeys store in the Brooklyn borough of New York, US, on Tuesday, June 3, 2025. Adam Gray | Bloomberg | Getty Images Job openings ticked down in July to levels rarely seen since the Covid pandemic, bolstering fears of cooling in the labor market. The Job Openings and Labor…
Netflix on Wednesday announced a new update to its “Moments” feature, allowing viewers to choose a start and end point on clips to save and share. The feature, which is only available on mobile devices, was first rolled out last year, for viewers to save scenes that they love — and share them. The new…
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024. Brendan McDermid | Reuters Federal Reserve Governor Christopher Waller, a candidate to take over from Jerome Powell as chair in 2026, on Wednesday voiced his support for starting a rate-cutting cycle in two weeks and said…
Las Vegas Skyline Landscape Usa-taro | Istock | 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…
U.S. Treasurys were little changed on Wednesday, but long-dated bonds hovered just below the 5% mark as trade policy, budget deficits and the wider economy continued to weigh on sentiment. The yield on the 30-year Treasury bond briefly topped the 5% mark overnight before retreating. It was last down slightly to 4.964%. The long-bond yield…
Check out the companies making headlines in premarket trading. Alphabet — The parent of Google and YouTube jumped more than 6% after a federal judge ruled that Alphabet can keep its Chrome browser. But Google won’t be able to sign exclusive search deals and also has to share its data, the ruling said. Macy’s —…
Scott Olson | Getty Images Macy’s posted second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share,…
