Stocks and U.S. government bonds sell off in tandem Friday as trade jitters cool rally
U.S. stocks and government bonds were swept up in a selloff on Friday, as President Trump’s threats of new tariffs against a host of U.S. trade partners unnerved investors.
How Iconiq, wealth firm backed by Zuckerberg, brings rich donors together
Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey. Manuel Orbegozo | Handout | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Even as tax changes may reduce giving by […]
How AI is going to give your financial adviser new ways to manage your money
Trusted advisers will get a new life, not a pink slip.
FDA to consider drug affordability when speeding up approvals: Makary
The Food and Drug Administration will consider drug affordability when granting companies new vouchers that speed up approvals of some treatments, the agency’s Commissioner Marty Makary told CNBC on Friday. The FDA in June announced a national priority voucher plan that aims to cut drug review times to one-to-two months for companies it says are […]
How Trump’s big bill makes it easier for all Americans to get a tax break for charitable donations — not just rich people
An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.
Levi Strauss (LEVI) earnings Q2 2025
Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change as President Donald Trump’s trade policy evolves. The denim maker doesn’t disclose its key manufacturing hubs, but much of its supply comes from Southeast Asia. Many countries in the […]
‘Superman’ Thursday previews hit $22.5 million at box office
David Corenswet stars are Superman in Warner Bros.’ “Superman.” Warner Bros. Discovery It’s not a bird or a plane that soared into cinemas Thursday night — it was Warner Bros.’ “Superman.” The first film in the new era of DC films under James Gunn and Peter Safran snared $22.5 million from preview showings. It’s the […]
Kraft Heinz is reportedly weighing a breakup. Some analysts have already said it ‘should slim down.’
Kraft Heinz’s stock jumps after a Wall Street Journal report that the packaged-food giant is planning a breakup, 10 years after its megamerger.
Patrick Mahomes talks Throne Coffee investment, 18 game NFL season
Kansas City Chiefs quarterback Patrick Mahomes has added “coffee entrepreneur” to his already packed resume. The three-time Super Bowl champion has invested in Throne Sport Coffee, adding to the 29-year-old superstar’s portfolio off the field. As his Chiefs and the rest of the NFL gear up for the upcoming season, Mahomes spoke to CNBC about […]
Bitcoin’s ascent reaches a new record as shorts fold and inflows mount
Bitcoin hit a fresh high above $118,000 on Friday a day after the second-highest daily inflows on record to bitcoin ETFs.
