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OpenAI’s Sachin Katti to leave infrastructure role, stay on as advisor
14 October 2026Katti said in a post on LinkedIn that he "decided to move on to build something new." -
The steel stock that has the shorts and options traders on edge
14 October 2026The steel stock that has the shorts and options traders on edge -
How high inflation became a 'fact of life' in the U.S.
14 October 2026U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices. -
Iran says it’s ‘counting the moments’ until it can strike U.S. warships; Saudi Aramco facilities attacked
14 October 2026Meanwhile, Saudi Arabia's Aramco reportedly came under fresh attack overnight. -
Fannie Mae sharply raises mortgage rate forecast for 2027
14 October 2026Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates. -
CoreWeave shares tumble as bond yields near 15% on concern about AI borrowing binge
14 October 2026Shares of CoreWeave sank 15%, while yields in its bonds blew out further. -
'The power of shrink' — tour the little-known $25B company that chipmakers can't live without
14 October 2026Here's a deep dive into Qnity and how its products help build the AI semiconductors that power the world. -
Treasury says largest U.S. banks let politics influence who received banking services
14 October 2026New Treasury Department findings may lend weight to President Donald Trump’s long-running grievance that major banks have discriminated against conservatives. -
Bank of America shares drop 8% after third-quarter revenue miss and regulatory penalty
14 October 2026Bank of America shares fell Wednesday after the company posted weaker-than-expected trading revenue and the impact of a $1.2 billion Treasury fine. -
Container ship sinks in Strait of Hormuz as Iran steps up attacks
14 October 2026Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports. -
Trump's diesel dilemma — by the numbers
14 October 2026Conflicts in Ukraine and Iran have created major ripple effects across global energy markets causing major price swings. -
10-year Treasury yield jumps as September core inflation comes in hotter than expected
14 October 2026Treasury yields moved higher after the latest inflation reading. -
BlackRock's Larry Fink warns a data center moratorium could trigger a recession
14 October 2026Local opposition to data center construction has been a feature of the midterm elections set for Tuesday, Nov. 3. -
Abilene Christian University is giving Ivy League endowments a run for their money in the market
14 October 2026The religious school in Texas is among college endowment funds rivaling market performance of Ivy investing giants like Yale and just hit the $1 billion mark. -
Social Security Administration announces 3.6% cost-of-living adjustment for 2027
14 October 2026With a 3.6% COLA for 2027, Social Security retirement benefit checks will go up by $75 per month, on average, the agency said. -
Netflix to lay off roughly 1,000 employees, or 6% of workforce
14 October 2026Netflix will lay off roughly 6% of its workforce, according to a memo obtained by CNBC. -
Here's the inflation breakdown for September 2026 — in one chart
14 October 2026The consumer price index rose by 3.7% in September, on the back of higher gasoline and energy prices largely due to the Iran war. -
Bending Spoons skyrockets 35% as Berkshire Hathaway makes $330 million investment
14 October 2026Berkshire's latest investment follows the $600 million it invested in the company's IPO this July. -
South Texas Latino voters who flipped for Trump in 2024 are up for grabs in 2026
14 October 2026Hispanic and Latino voters swung hard for President Donald Trump in 2024. But in the 2026 midterm election, Democrats are pushing to get them back. -
Delta's business-class revamp: New seats, menus, plates and more Porsches
14 October 2026Delta is upgrading its top-tier Delta One cabin with new suites for its largest A350 plane, starting next year.