A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned. The cuts will impact less than 1% of Nike’s corporate staff….
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Robinhood (HOOD) gets lots of attention in the market given its rapid user growth and colorful approach to exposing millions of young people to investing. Its share price has increased almost…
Broadcom (AVGO) , a leading semiconductor and infrastructure software company, specializes in designing and manufacturing chips for data centers, networking, wireless communications, and AI applications. As of Aug. 27, its stock trades around $300, reflecting a year-to-date gain of approximately 28%, driven by robust demand in the AI and cloud computing sectors. With fiscal 2024…
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022. Ting Shen | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump to block his unprecedented attempt to fire her, setting off a legal battle that…
Susan Monarez, President Donald Trump’s nominee to be the Director of the Centers for Disease Control and Prevention (CDC), arrives to testify for her confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions in the Dirksen Senate Office Building on June 25, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Lawyers…
The Berkshire Hathaway Inc. stock price (BRK-B) stock price on the New York Stock Exchange (NYSE) market is seen on a mobile device application in this illustration photo taken in Warsaw, Poland on 05 December, 2023. Jaap Arriens | Nurphoto | Getty Images Berkshire Hathaway, through its wholly owned unit National Indemnity Company, has raised…
The U.S. is preparing to mine the sea floor for critical minerals to reduce its dependence on China. But doing so in international waters could undermine a global rules-based order and indirectly benefit Beijing, policy experts warn. Efforts to create international guidelines on seabed mining through the International Seabed Authority (ISA), a U.N. regulator, have…
North Korean leader Kim Jong Un will visit China to attend China’s victory celebration next week marking the formal surrender of Japan during World War II. Contributor | Getty Images News | Getty Images North Korean leader Kim Jong Un will visit China to attend China’s victory celebration next week marking the formal surrender of Japan during World War II, North Korea’s state media KCNA said on Thursday. Kim is visiting at the invitation…
Workers are seen at the new Rheinmetall artillery munitions factory during its inauguration on August 27, 2025 in Unterluess, Germany. Germany is investing heavily to modernize the Bundeswehr, its armed forces. Morris Macmatzen | Getty Images News | Getty Images Rheinmetall‘s newly-opened factory in Northern Germany — set to become Europe’s biggest ammunition production facility…
A Nvidia logo is pictured on its facility at the High-tech park at Yokne’am, in northern Israel on July 9, 2025. Shir Torem | Reuters Market watchers might be perplexed by the seemingly contradictory moves of Nvidia’s shares in extended trading. The company beat expectations for its second-quarter results, and its forward revenue guidance also…
