Trump finally makes his Fed chair pick — what Kevin Warsh means for investors
Investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates.
Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense
ExxonMobil CEO Darren Woods in a CNBC interview stood by comments on Venezuela’s oil industry that angered President Donald Trump.
Sandisk stock soars 7% after blowout earnings report shows overwhelming AI demand
The flash storage memory company reported strong margins as AI data centers fuel a supply crunch for the chips.
Eli Lilly plans $3.5 billion manufacturing plant in Pennsylvania to make next-generation obesity injections
The plant will help make Lilly’s experimental drug called retatrutide, which has shown the highest weight loss seen to date in a late-stage trial.
Chevron CEO says Venezuela is taking positive steps to protect private oil investment
Chevron is the only U.S. oil major operating in Venezuela through a special license issued by the Treasury Department.
Microsoft stock is flat the day after sinking 10%. Here’s why
Microsoft’s stock saw its biggest daily decline since 2020 on Thursday after investors were dismayed by its cloud computing business not growing enough.
Silver plunges 30% in worst day since 1980, gold tumbles as Warsh pick eases Fed independence fear
Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens.
CNBC Daily Open: We’ll soon find out who the new Fed chair is
Former Fed Governor Kevin Warsh is by far the favorite, according to prediction market Kalshi.
Gold and silver rally has taken a breather. Is now the time to enter the market?
Gold and silver prices fell sharply on Friday, snapping a powerful rally that had carried both metals to record highs in recent weeks.
Gold and silver stumble after record run. Is now the time to enter the market?
Gold and silver prices fell sharply on Friday, snapping a powerful rally that had carried both metals to record highs in recent weeks.
