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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.

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

by CNBC Markets | November 20, 2025 7:14 pm | US Markets

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

Self-storage real estate has ‘close to zero’ correlation to the broader economy. That’s a good thing

by CNBC Markets | November 20, 2025 7:14 pm | US Markets

Over the last 15 years, self-storage has outperformed industrial, multifamily, office and retail in net operating income, according to a new Heitman report.

Walmart hikes sales and earnings forecast as it attracts shoppers across incomes

by CNBC Markets | November 20, 2025 6:11 pm | US Markets

Walmart, which caters to shoppers across incomes, may offer the clearest snapshot of U.S. consumer health so far this retail earnings season.

Nvidia stock pops 5% in premarket trading after stronger-than-expected results

by CNBC Markets | November 20, 2025 3:37 pm | US Markets

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

A cold gold rush? The race for the Arctic’s critical minerals is heating up

by CNBC Markets | November 20, 2025 12:15 pm | US Markets

Countries are increasingly turning to the thawing and sparsely populated northern polar region as part of a push to break China’s mineral dominance.

Trump to meet with New York Mayor-elect Zohran Mamdani at White House on Friday

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

Zohran Mamdani said he plans to talk to President Donald Trump about the problem many New York City residents have with affording to live in the Big Apple.

House Democrat Sheila Cherfilus-McCormick charged with stealing $5M in Covid aid funds

by CNBC Markets | November 20, 2025 9:14 am | US Markets

Rep. Sheila Cherfilus-McCormick joined Congress in 2022 after winning a special election to fill the Florida seat of late Rep. Alcee Hastings.

House Democrat Cherfilus-McCormick charged with stealing $5M in Covid aid funds

by CNBC Markets | November 20, 2025 8:16 am | US Markets

Cherfilus-McCormick joined Congress in 2022 after winning a special election to fill the seat of late Rep. Alcee Hastings.

Nvidia CEO Jensen Huang rejects talk of AI bubble: ‘We see something very different’

by CNBC Markets | November 20, 2025 7:16 am | US Markets

During Nvidia’s quarterly earnings call, CEO Jensen Huang offered a three-pronged argument to suggest that AI isn’t a bubble.

Nvidia says there’s ‘no assurance’ of final agreement with OpenAI despite $100 billion pact

by CNBC Markets | November 20, 2025 6:14 am | US Markets

Two months after announcing its blockbuster $100 billion agreement with OpenAI, Nvidia said in its quarterly report that an official deal is not guaranteed.

Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia

by CNBC Markets | November 20, 2025 4:05 am | US Markets

Nvidia and xAI said a data center being built in Saudi Arabia and equipped with hundreds of thousands of Nvidia chips will count xAI as its first customer.

Meta chief AI scientist Yann LeCun is leaving to create his own startup

by CNBC Markets | November 20, 2025 4:04 am | US Markets

Meta chief AI scientist Yann LeCun is leaving the company, marking an end of an era of pioneering computer science research at the Facebook parent.

Nvidia shares rise on stronger-than-expected revenue, forecast

by CNBC Markets | November 20, 2025 3:06 am | US Markets

Nvidia is at the center of the artificial intelligence boom, and counts every major cloud company and AI lab as a customer.

Major League Baseball announces new media rights deals for NBC, ESPN and Netflix

by CNBC Markets | November 20, 2025 3:05 am | US Markets

MLB officially announced new media rights deals with NBC, Netflix and ESPN until 2028.
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