Contrary to popular belief, you won’t need a machine learning degree or other highly technical skills to succeed in the near future, according to Amazon Web Services CEO Matt Garman. As more artificial intelligence-powered tools get integrated into the workplace, employers will prioritize hiring workers with “soft skills” like creativity and adaptability, Garman told CNBC’s…
The so-called “big, beautiful” budget bill made headlines for, among other things, introducing a new type of investing account that parents could open on behalf of children under 18. For U.S. citizens born from 2025 through 2028, the government will seed the portfolios, which have come to be known as Trump accounts, with an initial contribution…
Tom Dundon, owner of the Carolina Hurricanes, speaks to media before an NHL game against the New York Rangers at PNC Arena in Raleigh, North Carolina, on Feb. 19, 2019. Karl Deblaker | National Hockey League | Getty Images Carolina Hurricanes owner Tom Dundon has reached a tentative agreement to buy the Portland Trail Blazers…
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images As tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees. The largest private U.S. employer said Wednesday that it will offer a 10% employee discount on nearly all…
Check out the companies making the biggest moves midday: Paramount Skydance — The media giant popped more than 31%, putting it on track for its best day ever. It wasn’t clear what drove the surge. H & R Block — The tax preparation company posted fiscal fourth-quarter earnings of $2.27 per share, higher than the…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 and Nasdaq hit intraday all-time highs for the second straight session, but have come off the boil a bit. Both indexes finished with record-high…
New York Attorney General Letitia James speaks outside New York Supreme Court ahead of former President Donald Trump’s civil business fraud trial on October 2, 2023 in New York. John Lamparski | AFP | Getty Images New York Attorney General Letitia James sued the operator of the Zelle payments network on Wednesday for allegedly enabling…
In the face of blistering criticism from President Donald Trump, Goldman Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets. Trump lashed out at the bank in a Tuesday post on Truth Social, suggesting that CEO David Solomon “get a new Economist” or consider resigning….
David Zervos, Jefferies Scott Mlyn | CNBC The chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve Chair are jumping on prediction market Kalshi as the Trump administration considers several candidates to replace current Fed Chair Jerome Powell once his term expires next year. Users on Kalshi increased their bets…
Bank of America says the defense contractor V2X is benefiting from a “scale and scope strategy coming to fruition.” BofA upgraded the 11-year-old, Reston, Virginia based manufacturer to buy from neutral on Wednesday, raising its price target to $65 per share from $55. The bank’s forecast implies more than 19% upside from Tuesday’s $54.56 close….
