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Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

by CNBC Markets | December 17, 2025 3:04 am | US Markets

Wall Street’s bullishness on Tesla has returned after the stock had its worst performance since 2022 in the first quarter of the year.

Trump to tout accomplishments in address to nation on Wednesday, White House says

by CNBC Markets | December 17, 2025 2:05 am | US Markets

Press secretary Karoline Leavitt said President Trump would highlight his work to ‘bring our country back to greatness.’

Key ACA tax credits likely to expire after House speaker blocks vote

by CNBC Markets | December 17, 2025 12:15 am | US Markets

Democrats in the House back a last-ditch effort to extend Obamacare subsidies, which relies on a tactic recently used for the Jeffrey Epstein files bill.

What Trump’s reclassification of pot and CBD could mean for seniors, research and stocks

by CNBC Markets | December 16, 2025 11:08 pm | US Markets

Reclassification to a Schedule III drug and possible Medicare coverage for pot could unlock new investment from pharmaceutical companies.

Top Trump aide Susie Wiles says he has ‘alcoholic’s personality,’ sought ‘retribution’ against NY AG Letitia James

by CNBC Markets | December 16, 2025 11:07 pm | US Markets

Wiles in the rare, candid interview described Trump’s “reciprocal” tariff policy as “so much thinking out loud.”

AI future: Big Tech faces key House vote on reforming permit process

by CNBC Markets | December 16, 2025 11:06 pm | US Markets

Backers say the SPEED Act is crucial to helping the U.S. beat out China and other global competitors for leadership in AI.

Instagram TV app coming to Amazon Fire streaming device

by CNBC Markets | December 16, 2025 10:06 pm | US Markets

Meta said Tuesday that it will begin testing its Instagram for TV app in the U.S. via Amazon’s Fire TV streaming devices.

Pfizer’s modest 2026 outlook shows its big investments will take time to pay off

by CNBC Markets | December 16, 2025 9:09 pm | US Markets

Pfizer has pursued deals of all sizes to build new revenue streams, but the outlook underscores that those investments are still some distance from paying off.

Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show

by CNBC Markets | December 16, 2025 8:15 pm | US Markets

Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment rate rose to 4.5%.

Payrolls rose by 64,000 in November, more than expected, delayed jobs numbers show

by CNBC Markets | December 16, 2025 7:04 pm | US Markets

Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment rate rose to 4.5%.

Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup

by CNBC Markets | December 16, 2025 6:14 pm | US Markets

Steve Cahillane previously led Kellogg through its own breakup two years ago.

Europe poised to water down landmark 2035 ban on new diesel and gasoline cars

by CNBC Markets | December 16, 2025 3:17 pm | US Markets

Analysts have questioned whether the move will do much to shore up the region’s competitiveness in the long run.

Trump sues BBC for $10 billion, claims defamation from Panorama documentary

by CNBC Markets | December 16, 2025 10:14 am | US Markets

The lawsuit by President Trump against the BBC accuses the British broadcaster of trying to influence the outcome of his 2024 election against Kamala Harris.

Korea Zinc sinks 13% as largest shareholder group challenges U.S.-backed plans for Tennessee smelter

by CNBC Markets | December 16, 2025 9:28 am | US Markets

Korea Zinc’s largest shareholder group is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of the group’s stake in the company.

Trump sues BBC for $5 billion, claims defamation from Panorama documentary

by CNBC Markets | December 16, 2025 7:15 am | US Markets

The lawsuit by President Trump against the BBC accuses the British broadcaster of trying to influence the outcome of his 2024 election against Kamala Harris.

Merriam-Webster declares ‘slop’ its word of the year in nod to growth of AI

by CNBC Markets | December 16, 2025 5:04 am | US Markets

Slop refers to the low-quality content created by artificial intelligence that’s showing up across social media.

PayPal applies to form bank that can offer small business loans and savings accounts

by CNBC Markets | December 16, 2025 4:06 am | US Markets

PayPal has applications pending with the state of Utah and the Federal Deposit Insurance Corporation to establish PayPal Bank.

Frontier Airlines replaces CEO Barry Biffle with carrier’s president

by CNBC Markets | December 16, 2025 4:05 am | US Markets

Frontier Airlines is replacing its CEO, Barry Biffle, with the carrier’s president.

Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin

by CNBC Markets | December 16, 2025 3:06 am | US Markets

Tesla CEO Elon Musk said in a social media post that his company is testing driverless cars in Austin without a safety driver in the vehicle.

Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company

by CNBC Markets | December 16, 2025 3:06 am | US Markets

The U.S. government is ramping up its investment in critical minerals partnerships not reliant on China.
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