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Underwater cables are a vital piece of the AI buildout and internet — investment is booming

by CNBC Markets | November 8, 2025 7:09 pm | US Markets

Over 95% of international data and voice traffic travels through subsea telecom cables. Tech giants Meta, Google, Amazon and Microsoft are investing for AI.

Supreme Court pauses order that Trump administration must pay full SNAP benefits

by CNBC Markets | November 8, 2025 8:04 am | US Markets

The Trump administration tried not to pay for any food stamps in November because of the government shutdown. It now proposes partial SNAP benefits.

Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin

by CNBC Markets | November 8, 2025 8:04 am | US Markets

The cuts were ordered as air traffic controllers have missed their paychecks due to the government shutdown, now the longest in U.S. history.

Nasdaq closes lower, capping its worst week since April

by CNBC Markets | November 8, 2025 8:03 am | US Markets

Stocks logged a losing week, bogged down by tech, as new economic data added to investors’ fears of a slowdown.

Democratic leader offers deal to reopen government but Republicans sneer

by CNBC Markets | November 8, 2025 4:05 am | US Markets

The U.S. government shutdown has dragged on for 38 days because of a dispute over whether ACA tax credits should be included in a stop-gap funding bill.

Fed’s Miran says stablecoin surge could help push interest rates lower

by CNBC Markets | November 8, 2025 3:05 am | US Markets

The central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.

Nasdaq falls again on Friday, putting it on track for worst week since April: Live updates

by CNBC Markets | November 8, 2025 2:05 am | US Markets

Stocks were on pace for a losing week, bogged down by tech, as new economic data added to investors’ economic fears.

Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk

by CNBC Markets | November 8, 2025 2:04 am | US Markets

Medicare will start covering obesity drugs for the first time, which could open access to millions of seniors and spur more private insurers to follow suit.

Democratic leader offers deal to reopen government with 1-year ACA tax credit extension

by CNBC Markets | November 8, 2025 2:04 am | US Markets

The U.S. government shutdown has dragged on for 38 days because of a dispute over whether ACA tax credits should be included in a stop-gap funding bill.

Markets could face a digestion period next week as earnings, data slow to a trickle

by CNBC Markets | November 8, 2025 1:06 am | US Markets

This week’s choppiness could carry into the week ahead in the absence of any major catalysts on the calendar.

Trump pardons New York baseball star Darryl Strawberry for tax evasion conviction

by CNBC Markets | November 8, 2025 1:06 am | US Markets

President Donald Trump has pardoned multiple high-profile figures since returning to the White House, including Binance founder Changpeng Zhao.

Consumer sentiment nears lowest level ever as worries build over shutdown

by CNBC Markets | November 7, 2025 10:10 pm | US Markets

A University of Michigan sentiment survey showed a decline of 6.2% on the month and about 30% from a year ago.

SNAP benefits: Trump admin seeks emergency block on order to pay food stamps in full

by CNBC Markets | November 7, 2025 9:10 pm | US Markets

The Trump administration first tried not to pay food stamp benefits in November because of the government shutdown. It now proposes partial SNAP payments

Shutdown means another missed jobs report Friday. Here’s what it probably would have shown

by CNBC Markets | November 7, 2025 8:11 pm | US Markets

Jobs Friday won’t be happening again this week as the record-long government shutdown has resulted in a lack of official data.

Stock futures edge higher after key AI stocks dive on valuation fears: Live updates

by CNBC Markets | November 7, 2025 4:13 pm | US Markets

Key artificial intelligence leaders lost steam on Thursday, weighing on the broader market.

Qantas releases first images of Airbus aircraft set to fly non-stop from Sydney to New York and London

by CNBC Markets | November 7, 2025 3:13 pm | US Markets

The specially configured aircraft was depicted on an assembly line in France, with its fuselage sections, wings and landing gear now all attached.

From ‘Trump dump’ to ‘Hedge America’: Global investors are still hesitant to go all-in on the U.S.

by CNBC Markets | November 7, 2025 1:15 pm | US Markets

Investors are “deliberately excluding the U.S.” from new portfolio allocations, one market watcher said.

Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor

by CNBC Markets | November 7, 2025 4:09 am | US Markets

Tesla shareholders approved CEO Elon Musk’s historic pay package at the company’s annual shareholders meeting in Austin, Texas.

SNAP benefits must be fully paid by Trump administration by Friday, judge orders

by CNBC Markets | November 7, 2025 4:06 am | US Markets

The Trump administration recently said it would not pay any SNAP benefits, but then offered partial funding of the food stamp program after a judge’s ruling.

Trump AI czar Sacks says ‘no federal bailout for AI’ after OpenAI CFO’s comments

by CNBC Markets | November 7, 2025 4:06 am | US Markets

Sacks’ comments came after OpenAI CFO Sarah Friar mentioned a federal “backstop” during a conference.
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