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House Minority Leader Jeffries defends Democrats’ push for Obamacare tax credit extension

by CNBC Markets | November 21, 2025 9:14 pm | US Markets

The fight over the tax credits was at the center of the 43-day shutdown, which ended last week without a clear solution on health care.

Eli Lilly hits $1 trillion market value, a first for a health-care company

by CNBC Markets | November 21, 2025 9:14 pm | US Markets

The pharmaceutical giant Eli Lilly’s stock has been riding the skyrocketing demand for its weight loss injection Zepbound and diabetes treatment Mounjaro.

New York Fed President Williams sees room for ‘further adjustment’ to rates

by CNBC Markets | November 21, 2025 7:14 pm | US Markets

Williams said he expects the central bank can lower its key rate from here as labor market weakness poses a bigger threat than inflation.

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

by CNBC Markets | November 21, 2025 6:13 pm | US Markets

Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.

Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan

by CNBC Markets | November 21, 2025 5:10 pm | US Markets

Oil prices and energy stocks fell sharply on Friday morning as the U.S. pushed for a Russia-Ukraine peace deal.

Ukraine’s Zelenskyy says Kyiv ‘geared up for clear and honest work’ as U.S. pushes for progress on peace plan

by CNBC Markets | November 21, 2025 4:21 pm | US Markets

Ukrainian President Volodymyr Zelenskyy said he expects to speak with U.S. counterpart Donald Trump in the coming days.

Stock futures little changed after market drops on renewed AI fears: Live updates

by CNBC Markets | November 21, 2025 5:04 am | US Markets

Expectations of a December rate cut remains tepid, adding pressure to the market.

Gap comparable sales surge after viral ‘Milkshake’ denim ad with Katseye

by CNBC Markets | November 21, 2025 5:04 am | US Markets

Gap, which owns Banana Republic, Old Navy, Athleta and its namesake banner, saw comparable sales rise 5% during the quarter, indicating its taking market share.

White House crafting executive order to thwart state AI laws

by CNBC Markets | November 21, 2025 5:03 am | US Markets

The draft surfaced after President Donald Trump called for a single federal standard on AI “instead of a patchwork of 50 State Regulatory Regimes.”

Stocks tumble, Nasdaq closes 2% lower after stunning reversal in AI, Nvidia stocks

by CNBC Markets | November 21, 2025 3:05 am | US Markets

Stocks closed lower on Thursday, as a market-wide rally sparked by blockbuster Nvidia results and guidance lost steam.

Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong

by CNBC Markets | November 21, 2025 3:05 am | US Markets

Chips sent to China as part of the alleged scheme included Nvidia’s A100 and H200 graphics processing units, an indictment says.

Hyundai showcases off-road ambitions with new rugged concept SUV

by CNBC Markets | November 21, 2025 12:11 am | US Markets

Hyundai has ambitions to increase the off-road capabilities of its vehicles in the U.S., based on a new “Crater” SUV concept revealed Thursday by the automaker.

Nvidia stock turns negative — reverses post-earnings rally

by CNBC Markets | November 20, 2025 11:09 pm | US Markets

The AI chipmaker’s strong quarterly earnings boosted global tech stocks.

Ray Dalio says we are definitely in a bubble, but that doesn’t mean you should sell yet

by CNBC Markets | November 20, 2025 11:08 pm | US Markets

The billionaire investor also said the bubble needs to be popped.

Cleveland Fed’s Hammack supports keeping rates around current ‘barely restrictive’ level

by CNBC Markets | November 20, 2025 11:06 pm | US Markets

Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.

Existing home sales see small October gain, but supply is now dropping

by CNBC Markets | November 20, 2025 9:15 pm | US Markets

Home sales in October saw a small gain, despite the government shutdown, but the supply has started to drop, and prices are still gaining.

Fed likely to not cut rates in December following delayed September data, according to market odds

by CNBC Markets | November 20, 2025 9:15 pm | US Markets

Market odds of a cut remained weak following the release of the September jobs data, the first nonfarm payrolls report investors are seeing since the government shutdown.

Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

by CNBC Markets | November 20, 2025 8:11 pm | US Markets

Nonfarm payrolls were expected to add 50,000 in September, according to the Dow Jones consensus estimate.

U.S. greenlights AI chip exports to Gulf tech giants after Saudi Crown Prince’s Washington visit

by CNBC Markets | November 20, 2025 8:10 pm | US Markets

The approval marks a major reversal for the U.S., which had previously balked at the idea of direct exports to state-backed AI companies in the Gulf.

Nvidia earnings takeaways: Bubble talk, ‘half a trillion’ forecast and China orders

by CNBC Markets | November 20, 2025 8:10 pm | US Markets

CEO Jensen Huang sounded confident in the company’s products and bullish on the company’s outlook during a call with analysts.
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