Hours after striking out on the top free agent in this year’s class, the Mets went and secured the next best thing. New York again showed off its greatest asset, owner Steve Cohen’s wallet, by spending exorbitantly on two-time All-Star infielder Bo Bichette on a reported three-year, $126 million deal with opt-outs available after each…
People walk by the New York Stock Exchange on April 4, 2025. Spencer Platt | Getty Images With capital harder to come by, private equity giants and investment banks are waging a global battle for talent as dealmaking activity ekes out a recovery. Private equity recruitment accelerated in the first half of 2025, led by…
Every step is a struggle for Bruce Zimmerman, whose health has been deteriorating since he was diagnosed with multiple sclerosis eight years ago. In 2019, Zimmerman said, his then-employer offered him an opportunity that sounded irresistible: He and his wife, Becky, could take all-expense-paid trips to the Cayman Islands and the Bahamas to retrieve the medication…
The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara, California. Justin Sullivan | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day:…
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 Tuesday’s key moments. 1. The S & P 500 is on pace for its fourth straight losing session as AI-related stock valuations continue to concern investors. It would mark the broad-based index’s worst…
The flags of the European Union fly in front of the European Parliament. Philipp von Ditfurth | dpa | Picture Alliance | Getty Images President Donald Trump said Saturday the U.S. will impose a 30% tariff on goods from the European Union and Mexico that will take effect on Aug. 1. Trump revealed the new…
Waymo robotaxis will now take passengers on freeways in three major U.S. cities, marking a major milestone for the driverless, ride-hailing company. Alphabet-owned Waymo on Wednesday said it will begin offering those types of trips in the San Francisco, Phoenix and Los Angeles markets “when a freeway route is meaningfully faster.” The Google sister company…
Digital asset infrastructure company Fireblocks said it has disrupted a North Korea-linked job recruitment impersonation scam that was targeting digital assets. Fireblocks said hackers used fake job interviews to compromise developers and gain access to crypto infrastructure. According to the firm, the hackers were able to closely resemble a legitimate Fireblocks hiring process and impersonate…
NFL Week 4 is here, and weâve got the best NFL betting picks you need to know! Chris âBearâ Fallica, Geoff Schwartz, and Sammy Panayotovich break down their Top 5 NFL bets to place right now. Geoff also shares his favorite NFL Week 4 prop bet as well as which wide receiver will lead the…
Chinese telecoms giant Huawei showed off its Ascend chips and system for powering artificial intelligence models at the World AI Conference in Shanghai on July 26, 2025. CNBC | Evelyn Cheng BEIJING â Less than two weeks after Nvidia CEO Jensen Huang’s high-profile visit to Beijing, the U.S. chipmaker was conspicuous by its absence at…
