CNBC's Jim Cramer on Thursday reviewed recent earnings reports from major homebuilders Lennar and KB Home, expressing concern that the Federal Reserve's rate cuts won't help bring down mortgage rates."I think it's better to take a wait-and-see approach to the homebuilders, just in case we see a repeat of last fall, where the Fed started cutting and it didn't make a difference," he said. "If anything, it drove the bond market in the wrong direction and mortgage rates higher."The Fed lowered its benchmark bor ...

U.S. President Donald Trump speaks during the 80th session of the United Nations General Assembly (UNGA) at the UN headquarters on Sept. 23, 2025 in New York City.Shale oil executives say President Donald Trump is hurting investment in the oil patch, and are giving a grim outlook for the future of the industry that turned the U.S. into the largest crude producer in the world.The executives' anonymous comments were published in a quarterly survey of oil and gas companies by the Federal Reserve Bank of Dallas ...

Jack Antonoff speaks on stage at "Up Close & Personal" In My Studio With…Jack Antonoff at The Village Recording Studio on Aug. 11, 2025 in Los Angeles, California.Acclaimed music producer Jack Antonoff is rejecting claims by Live Nation Entertainment CEO Michael Rapino that concert tickets are still "underpriced."The CEO's comments came at the CNBC Sport and Boardroom Game Plan conference last week, when he said, "In sports, I joke it's like a badge of honor to spend [$70,000] for Knicks courtside. ... When ...

President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion.The deal satisfies the requirements of a national security law requiring China-based ByteDance to sell TikTok's U.S. operations or face an effective ban in the country, according to the executive order. Under the terms, which China must still approve, a new joint-venture company will oversee TikTok's U ...

Costco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates.The warehouse club does not share an annual outlook with Wall Street. It will hold an earnings call at 5 p.m. ET.Here's how Costco did in its fiscal fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $5.87 vs $5.80 expectedRevenue: $86.16 billion vs. $86.06 billion expectedCostco's net income for the three-month period that rose to $2.61 billi ...

Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023.Lawyers for Federal Reserve Governor Lisa Cook on Thursday argued that the Supreme Court should reject President Donald Trump's request that he be allowed to fire her pending the outcome of her lawsuit challenging her removal."The President's stay application asks this Court to act on an emergency basis to evisc ...

投资结构 - Oracle、Silver Lake及阿布扎比MGX将成为TikTok美国业务主要投资者 控制约45%股权 [1] - 字节跳动作为母公司保留19.9%股权 其余35%由字节跳动现有投资者持有 [1] - 字节跳动投资者General Atlantic、Susquehanna和Sequoia预计向新公司TikTok USA注资 [2] 交易进展 - 美国总统特朗普将于周四签署行政命令支持该交易方案 确保应用在美国持续运营 [1] - 该交易方案涉及股权重组 形成由多方投资者共同持股的新公司TikTok USA [1][2]

DETROIT — Uncertainty surrounding U.S. regulations on tariffs, electric vehicles and other auto-related issues have given new car sales a surprising boost heading into the fourth quarter, according to a new industry analysis.Cox Automotive on Thursday raised its 2025 new vehicle U.S. sales forecast to 16.1 million from a previous range of 15.6 million to 15.7 million due to stronger-than-expected demand so far this year. That would be up from roughly 16 million vehicles sold domestically in 2024.Cox analyst ...

The consumer TV landscape was once giddy with the prospect of cutting the cable cord, freeing viewers from increasingly high prices. For many consumers, however, that glow has long faded. This week, Disney+ announced price increases which will raise most customers' bills by $2 to $3. Last month, Apple TV+ raised prices for the third time in three years. These moves followed increases earlier in the year from a wide range of streamers, including Netflix, Discovery+, Peacock, Dropout.tv, Paramount and Fubu.Co ...

Microsoft President Brad Smith, left, speaks at a press conference on future visions for the development and application of artificial intelligence in education in North Rhine-Westphalia at the Representation of the State of North Rhine-Westphalia in Berlin on June 4, 2025. To his right is Hendrik Wüst (CDU), Minister President of North Rhine-Westphalia, in front of the sign "From coal to AI."Microsoft said Thursday that it has stopped providing certain services to a division of the Israeli Ministry of Defe ...