Business news
- Nike tops earnings estimates as rising North America sales help to offset China weakness - Nike posted fiscal second-quarter earnings and revenue that topped Wall Street's expectations as CEO Elliott Hill tries to turn around the company.
- Trump signs executive order reclassifying cannabis, opening door to broader weed access - President Donald Trump signed an executive order Thursday reclassifying marijuana as a Schedule III substance with looser restrictions.
- Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation - Thursday saw the release of a much lighter-than-expected inflation report for November, and economists are already questioning its significance.
- Friday could be a wild day of trading on Wall Street. Here's why - December options expirations are typically the biggest of the year, but this one eclipses all prior records, Goldman said.
- Here’s the inflation breakdown for November 2025 — in one chart - The consumer price index cooled unexpectedly in November. But economists said the data should be interpreted with some caution due to the government shutdown.
- Putin ally Viktor Orbán tells CNBC using frozen Russian assets is a 'dead end' - European officials are trying to convince a handful of EU member countries to back controversial plans for providing more financial support to Ukraine.
- Micron stock pops 12% as AI memory demand soars: 'We are more than sold out' - Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
- US Core CPI Eases in November to Slowest Pace Since 2021 - Underlying US inflation rose from a year earlier at the slowest pace since early 2021 in November. The core consumer price index increased 2.6%, compared with a 3% annual advance two months earlier, while the overall CPI climbed 2.7% in Nov
- November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows - Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.
- Trump Media to merge with fusion power company TAE Technologies in $6 billion deal - Trump Media and Technology Group announced a merger agreement with fusion power company TAE Technologies valued at more than $6 billion.