News from the economy, politics and the financial markets
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SEC Commissioner Hester Peirce on ETFs: 'We want to work with people on new products'
SEC Commissioner Hester Peirce indicates an openness to work with Wall Street on fresh exchange-traded fund products tied to cryptocurrencies and tokenization.
Kpop supergroup BTS shuts down central Seoul for comeback concert
Analysts project total tour earnings of as much as $1.8 billion, rivaling Taylor Swift's Eras Tour and Coldplay's Music of the Spheres World Tour.
44-year-old left his tech job and started a halal burger joint—his restaurants brought in over $4 million in 2025
Shahezad Contractor left his "cushy" IT career and launched a halal restaurant chain.
‘Tax resistance’ gains attention amid ICE protests, Iran war — and IRS penalties could follow
Tax protesters often withhold taxes due to moral objections to certain government programs, such as the Iran war. But there can be IRS penalties, experts say.
Nissan’s new hybrid is a U.S.-first that mixes EV driving with a gas engine
Nissan plans to introduce a new type of hybrid for the U.S. market that drives like an all-electric vehicle but is powered by a traditional gas-powered engine.
Buffett defends 'Giving Pledge' against Thiel and 'billionaire backlash'
Warren Buffett is defending the philanthropic initiative he co-founded with Bill Gates almost 15 years ago.
A slew of consumer stocks are now oversold as S&P 500 falls for a fourth week in a row
General Mills, McCormick & Company and Conagra Brands top of the list of most oversold stocks in the S&P 500.
Bank of America says these stocks have plenty of upside, including one Magnificent Seven name
Bank of America named five stocks that are well positioned despite a turbulent macroeconomy.
Analysis: Trump's unshackled presidency puts him at the center of the economy
The president's unprecedented use of executive power has made him a driving force behind oil prices, the Federal Reserve's interest rates and more.
GLP-1 drugs are changing how Americans eat. Food companies are racing to catch up
For restaurants and food companies, the increasing adoption of GLP-1 drugs present both an opportunity and a threat to their businesses.
United Airlines to cut more flights as it eyes oil above $100 through 2027
Chief Executive Scott Kirby says United's annual fuel bill would rise by about $11 billion if oil prices stay above $100 a barrel through next year.
Opinion: As Trump eyes Cuba, my trips there a decade ago remind me how different things were
Trump has threatened a 'friendly takeover' of Cuba after cutting it off from Venezuela's oil. CNBC's Justin Solomon reflects how different things used to be.
U.S. issues 30-day sanctions waiver for sale of Iranian oil at sea
The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil at sea to ease energy supply pressures since the start of the U.S.-Israeli war on Iran, U.S. Treasury Secretary Scott Bessent said.
Jim Cramer says to prepare for further stock declines but be open to opportunities
CNBC's Jim Cramer said on "Mad Money" on Friday that a tough market can also present an opportune time to selectively buy.
Trump says he doesn't want Iran war ceasefire, but is considering 'winding down' military ops
President Donald Trump also said the Strait of Hormuz, "will have to be guarded and policed, as necessary, by other Nations who use it."
Judge blocks restrictive Pentagon press access policy
A federal judge blocked the Department of Defense press access policy in a lawsuit by the New York Times.
Gold drops nearly 10% in worst weekly rout since 2011
The metal saw bumpy trading on Friday morning, after joining a broad sell-off the previous day.
Value investors see mispriced opportunities from sports to fertilizer
Value investors pitched a mix of stock ideas in disparate corners of the market at the Value Invest conference in New York on Thursday.
Average IRS tax refund is up 10.8%, new filing data shows
The average IRS tax refund is up 10.8%, based on new filing data. Here's what you can expect.
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