The US Capitol in Washington, DC, US, on Monday, Oct. 13, 2025. Anna Rose Layden | Bloomberg | Getty Images A federal judge on Wednesday blocked the Trump administration, for now, from firing federal workers during the ongoing government shutdown. The order came five days after the administration issued reduction-in-force notifications to more than 4,000…
Just as Novo Nordisk showed signs of a recovery, another cold shower hit investors as the drugmaker surprise pre-released its 2026 forecast late Tuesday, sending shares tumbling. Novo Nordisk’s stock plummeted 18% in Copenhagen early Wednesday, tracking losses seen in its American depositary shares on Tuesday and more than wiping out gains seen so far…
Wall Street’s largest firms are championing a new cause. They are bringing alternative assets — once reserved for the ultra-wealthy — to the portfolios of individual investors. Chief among the proponents are BlackRock and Goldman Sachs. But, as is usually the case in investing, the potential of greater returns comes at a risk. “The alternative…
The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The terminal, which will be…
The 46th fleet of the Chinese People’s Liberation Army Navy sets sail from a military port in Zhanjiang, south China’s Guangdong Province, Feb. 21, 2024. Xinhua News Agency | Xinhua News Agency | Getty Images China said Wednesday it warned and “drove away” a U.S. destroyer that had sailed near the coast of the disputed…
Check out the companies making headlines in midday trading. Ford Motor — The Detroit automaker surged 10.7% following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Alphabet —…
David Sherman | National Basketball Association | Getty Images Four years after starting the process to take over, Marc Lore and Alex Rodriguez are officially in charge of the Minnesota Timberwolves. The NBA Board of Governors unanimously approved the sale on Tuesday of the controlling interests in both the Timberwolves and the WNBA’s Minnesota Lynx from Glen Taylor, whose ownership of…
Iowa State head coach Matt Campbell has never beaten Iowa at home. Is this the year that all changes? Campbell, who’s in his 10th season at the helm, has a roster littered with talent and experience. The Cyclones have started the season with two impressive wins — upsetting a ranked Kansas State team in Dublin,…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you’re concerned about automation impacting your job, I’m sorry to say this story Xiaomi’s humanoid robot “interns” probably won’t ease those worries. Stock futures are lower this morning. The three major indexes are coming off a winning day. Here…
This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. Puck drop is happening right now, and it doesn’t get bigger than this — USA vs. Canada for gold in the women’s hockey final. The…
