Omar Marques | Lightrocket | Getty Images Cryptocurrency trading platform Crypto.com announced Thursday that it is laying off 12% of its staff as the company integrates artificial intelligence. “We are joining the list of companies integrating enterprise-wide AI. Companies that do not make this pivot immediately will fail,” CEO Kris Marszalek posted on X. “As…
The Kansas City Chiefs are getting an experienced quarterback to back up Patrick Mahomes as he rehabs from an ACL tear. The Chiefs are trading for Jets QB Justin Fields, ESPN reported Monday. New York will reportedly receive a sixth-round pick in the 2027 draft from Kansas City, while the Chiefs will get a seventh-round…
A ‘Wall St’ sign is seen above two ‘One Way’ signs in New York. Lucas Jackson | Reuters Wall Street bank capital would fall 4.8% under softened capital rules unveiled by U.S. bank regulators on Thursday, freeing up billions in dollars for lending, dividends and share buybacks in a stunning victory for the industry which…
A satellite image of Ras Laffan Industrial City, an energy hub for LNG, gas-to-liquids and Helium, which is located north of Doha, Qatar. Copernicus Sentinel 2017 | Orbital Horizon | Gallo Images | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. The last…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after a long weekend skiing in Colorado, just in time for yesterday’s Federal Reserve meeting. Stock futures are lower this morning. The three major indexes are coming off a losing day. Here are five key things investors need…
U.S. Senator Markwayne Mullin, President Donald Trump’s nominee to be Homeland Security secretary, tesifies before a Senate Homeland Security and Governmental Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Evan Vucci | Reuters A day after a testy confirmation hearing, a Senate committee is expected to vote Thursday morning…
LONDON — Three men who alleged that actor Kevin Spacey sexually assaulted them have settled their civil claims before going to trial at the High Court in London, courts document show. The three men alleged that the Academy Award-winning star abused them at times between 2000 and 2013. Spacey has denied the allegations. Civil trials…
LoanDepot Park (Miami) – Team USA players stood on the top step of the dugout with their arms thrown over the railing in defeat. They were motionless as they watched a sea of Venezuelan players in royal blue jerseys dogpile on the field at the home of the Miami Marlins and celebrate their 3-2 win…
US Secretary of Defense Pete Hegseth speaks during a news conference at the Pentagon in Washington, DC, on March 19, 2026. Mandel Ngan | Afp | Getty Images Defense Secretary Pete Hegseth said Thursday that the Pentagon’s reported $200 billion budget request for Iran war funding “could move.” “It takes money to kill bad guys,”…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Barely…
