Europe gives Meta, TikTok six days to share information on response to Israel-Hamas conflict
The EU said it would like Meta and TikTok to hand over information on how they're tackling misinformation about the Israel-Hamas war.
CNBC Top Stories
Credit card users paid nearly $164 billion in fees, interest in 2022. It may 'get a little worse,' analyst warns
Americans paid roughly $163.89 billion in credit card interest and fees in 2022. Here are three strategies to help limit those charges.
U.S. weekly jobless claims total 198,000, fewer than expected
Initial jobless claims for the week ended Oct. 14 were expected to total 210,000, according to a Dow Jones consensus estimate.
IRS unveils 'special withdrawal process' for small businesses that claimed pandemic-era tax credit
The IRS on Thursday announced a special withdrawal process for small businesses that may have wrongly claimed the so-called employee retention tax credit.
America’s first major offshore wind farm installs first of 62 huge turbines from GE unit
Vineyard Wind 1 is using 13 megawatt versions of GE Vernova's huge Haliade-X turbines.
Tesla CEO Elon Musk sounds pessimistic note about economy on earnings call
During the company's earnings call, CEO Elon Musk said the company's focused on making its cars more affordable.
A top Israeli economist says a recession is almost certain as leaders warn of a long war
Israel's military called up more than 360,000 Israeli reservists, taking them out of the workforce.
American Airlines posts third-quarter loss and trims 2023 profit forecast
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
Global fintech giant Airwallex said it has acquired MexPago, a rival payments company based out of Mexico, for an undisclosed sum.
World's largest chipmaker TSMC sees biggest drop in profit in nearly five years
TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.
Here’s how much of your income you should invest as a ‘good start’—and how much is considered ‘excellent’
Aiming to invest 10% of your gross annual income toward retirement is a good rule of thumb, says CFP Doug Boneparth.
The top 10 things to watch in the stock market Thursday
S&P futures are little changed this morning as the Street awaits comments from Fed Chair Jerome Powell.
Kohl’s holiday look previews the retailer’s plans to snap out of sales slump
The holiday season is the first overseen by Kohl's new CEO, Tom Kingsbury, and chief merchant Nick Jones.
Netflix stock surges 13% as profit beats expectations, ad-tier subscriptions rise
Netflix reported earnings after the bell. Here are the results.
Net worth surged 37% in pandemic era for the typical family, Fed finds — the most on record
Higher home and stock prices and unprecedented federal stimulus fueled wealth growth from 2019 to 2022, the Federal Reserve Survey of Consumer Finances found.
Stakes raised for Powell speech Thursday with 10-year yield on cusp of 5%. Here's what he could say
Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address Thursday.
The Street weighed in on 5 tech stocks ahead of earnings — here's our take on each
Not surprisingly, we don't agree with some of the analyst notes.
Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive
Cryptocurrency exchange Coinbase has chosen Ireland as its main operational and regulatory hub in the European Union, the company told CNBC exclusively.
Nokia to cut up to 14,000 jobs after 69% profit plunge
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
Wind-powered cargo ships with sail-like 'wings' could reduce fuel use by 30%
The Pyxis Ocean, a bulk carrier that looks like any other dry cargo vessel, but with a difference: it is fitted with two large, rigid sails known as WindWings.
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