Don’t count out Eli Lilly’s oral GLP-1 drug for obesity and diabetes just yet, according to CNBC’s Jim Cramer . That was his takeaway following the latest study involving Lilly’s orforglipron, the experimental pill that has been the subject of Wall Street debate since weight-loss data released in early August came in below investor expectations….
Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images Amazon on Wednesday introduced an artificial intelligence agent that will help third-party merchants operate their online businesses. The company is adding…
NEW YORK — A proposed Caesars Palace casino in Times Square that’s backed by Jay-Z lost its bid for a gambling license Wednesday after running into fierce opposition from Broadway theater owners and producers who were worried about its potential impact on the theater district. A state-commissioned community advisory committee brought the curtain down on…
LOS ANGELES – For the second straight year as a Dodger, Shohei Ohtani created a brand new 50/50 club on a night only he could author. Now the only player ever to hit 50 homers and throw 50 strikeouts in the same season after reaching those marks Tuesday night, he is, again, defying the limits…
WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market…
Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week live events are more central than ever to culture and commerce in a post-pandemic world. The executives spoke at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, saying the demand for in-person events has been unmistakable. “No matter what…
U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Jonathan Ernst | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest…
Eric Baker, co-founder and CEO of Ticket reseller StubHub, rings the opening bell during his company’s IPO at the New York Stock Exchange in New York City, U.S., September 17, 2025. Brendan McDermid | Reuters StubHub shares opened at $25.35 in their New York Stock Exchange debut on Wednesday after the online ticket seller priced…
House Speaker Mike Johnson accused Democrats in Congress on Wednesday of inserting “partisan political preferences” into the government funding fight, and said they are risking a shutdown if they don’t drop their demands. “It doesn’t make any sense, and they’re going to lose that battle,” Johnson said on CNBC’s “Squawk Box” of his Democratic colleagues….
NEW YORK — Many times in his life, playwright David Bar Katz didn’t know how he was going to pay the bills. These days, he’s helping the next generation of artists facing that same dilemma. Katz oversees The Relentless Award, the largest annual cash prize in American theater to a playwright in recognition of a…
