Cotton Losses Extend to Friday
Cotton futures are down 115 to 120 points in the front months. Crude oil is back down $1.20 per barrel on the session, with the US dollar index down $0.0.5.
Business
Crude Prices Supported by Middle East Supply Disruptions
October WTI crude oil (CLV26) is up +0.38 (+0.37%) today, and October RBOB gasoline (RBV26) is down -0.0068 (-0.19%).
Strategy Rally Tests Whether Its Bitcoin Premium Can Rebuild
Bitcoin is doing something on Friday that almost nothing else in the risk complex can manage: it is rallying straight through a tightening cycle. BTC-USD traded at $80,858.25 by late morning in New York, up $4,153.91 or…
‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?
This column is part of Advice Week, Slate’s celebration of all things advice. Few topics come up as often in our advice columns as weddings. So we’ve rounded up some of our favorite questions from through the years for …
Coffee Prices Recover as Dollar Weakness Spurs Short Covering
December arabica coffee (KCZ26) closed up +4.00 (+1.45%) on Friday, and November ICE robusta coffee (RMX26) closed up +5 (+0.15%).
Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
With a few carefully chosen words, Federal Reserve Chairman Kevin Warsh both explained this week's decision to hike interest rates and raised vexing questions about what comes next.
Stocks Waver as Bond Yields Climb
The S&P 500 Index ($SPX) (SPY) is down by -0.11% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.09%. December E-mini S&P futures (ESZ26) are down…
Nike parts ways with Kylian Mbappé; soccer superstar signs with On
French soccer phenom Kylian Mbappé signed his new endorsement deal with On after Nike chose not to renew its deal with the international superstar, a person familiar with the matter told CNBC.
AI cloud provider Nscale files to go public
Nscale, a cloud provider specializing in infrastructure for artificial intelligence models, has filed to go public on the New York Stock Exchange under the ticker symbol "NSCL."
Elon Musk talks up AI safety while fighting regulation in wild week of strange alliances
After agreeing with bitter rivals Dario Amodei and Sam Altman in their call for foundation model labs to slow the pace of development, Musk was contradicted by President Donald Trump and Nvidia CEO Jensen Huang, who sai…
McDonald's is the new 'Value Meal,' says trader Mike Khouw
"A nickel ain't worth a dime anymore," said the late Yankee great, Yogi Berra, referring to persistent inflation. Fast forward 50 years, and the same might be said of fast food value menus.
Improving Global Supply Pressures Coffee Prices
Coffee prices are mixed today, with robusta falling to a 1-week low and arabica moving higher on some light fund short covering. Coffee prices have been under pressure over the past three weeks, with arabica falling to …
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit
The American automotive industry wants President Donald Trump to maintain policies that make it difficult for Chinese automakers to operate in the U.S. — or even ban them altogether.
OpenAI's latest AI revelation is a 'serious situation,' Microsoft's Suleyman tells CNBC
Microsoft AI CEO Mustafa Suleyman pressed for the need for artificial intelligence models to stay aligned to humanity's interests after OpenAI disclosed more incidents of "concerning model behavior" earlier this week.
SpaceX scores another $950 million from NASA for 3 more crewed flights to ISS
SpaceX has expanded its contract with NASA and will conduct an additional three crewed Dragon flights to the International Space Station through 2030, netting Elon Musk's company up to $946 million upon completion.
Warren Buffett steps down as chairman of Berkshire Hathaway: 'Father Time always wins'
Warren Buffett is stepping down as chairman of Berkshire Hathaway, the sprawling conglomerate worth $1 trillion that he has led since 1965. The 96-year-old legendary investor announced the move in a letter to shareholde…
AI stock swings could affect your 401(k). Here’s what retirement savers need to know
A version of this article first appeared in ″CNBC's Money 101 newsletter with Sharon Epperson,″ an eight-week series with monthly updates to help improve your financial well-being. Subscribe now to receive the series in…
IRS tax debt agreements have plummeted: 'I've never seen a number that low,' taxpayer advocate says
The Internal Revenue Service has been accepting far fewer deals from taxpayers trying to dig themselves out of tax debts, federal data shows.
Nasdaq Bulls Are Back, but 29,700 Is the Breakout That Matters
Nasdaq Today: Bears Have Control Below 29,840, But Traders Should Be Careful Chasing Weakness
House Data Center Power Bill Lifts Nuclear Stocks: Here's Why
Nuclear stocks moved sharply higher on Thursday as investors reacted to the House passage of the Ratepayer Protection Act. The bill seeks to prevent households and other existing electricity customers from carrying the …
Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets
Swiss food giant Nestle said Friday it's weighing its options after the Kremlin moved to place the Russian assets of its business under temporary external administration.
AI safety debate meets reality at Dreamforce as business leaders say last year's models are enough
At Salesforce's annual Dreamforce mega-conference in San Francisco this week, the keynote conversations between CEO Marc Benioff and the heads of Anthropic, OpenAI and Nvidia delved into the raging AI safety debate, wit…
Stocks Settle Sharply Higher as Crude Oil and Bond Yields Fall
The S&P 500 Index ($SPX) (SPY) closed up by +1.14% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.61%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.73%. September E-mini S&P futures (…
AI trade rebound sparks flurry of unusually bullish options activity
Interest rates are up, the leaders of the artificial intelligence movement are warning of doomsday outcomes without regulation, and the Nasdaq-100 index posted its best day in six weeks. Options traders are jumping in. …