Apple drops its folding iPhone. Our first reaction, plus the other key launch news
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks fell on Wednesday, putting the S & P 500 on track for its third…
What the 2026 summer box office reveals about theatrical shifts
Spider Man: Brand New Day (L) and The Odyssey. Sony (L) | Universal (R) Hollywood has a new summer record. The domestic box office tallied $4.76 billion in ticket sales during the period between May 1 and Sept. 7, the highest haul in cinematic history.…
Researcher says AI has more than 10% chance of ‘killing all humans’
An artificial intelligence researcher quit his job at Anthropic on Tuesday and accused the company, and its chief rival OpenAI, of acting irresponsibly, igniting a frenzy of concern on social media about the rapid pace of the technology’s…
Why Cramer still recommends being ‘a little more reserved’ about data center stocks
Every weekday, the CNBC Investing Club with Jim Cramer holds a «Morning Meeting» livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 fell Wednesday as surging oil prices and Treasury yields continue to…
Treasury Department to buy back $6 billion in longer-term debt, triple the normal level
The Treasury Department on Wednesday said it will buy back $6 billion of government debt in an operation aimed at keeping bond markets functioning. The much-anticipated announcement triples the normal buyback operation and follows an announcement Aug. 19…
Defense tech firm Covenant opens U.S. missile factory, exits stealth
Defense tech startup Covenant on Wednesday announced the opening of a 105,000-square-foot factory in Dallas to accelerate lower-cost missile manufacturing for the U.S. military. The startup, which is coming out of stealth and is backed by Andreessen…
Bessent bond plan details to be revealed as Treasury secretary warns FX traders he’s ‘the house now’
Markets are set to find out Wednesday just how aggressive the Treasury Department’s bond-buying program will get, as Secretary Scott Bessent dared currency traders to challenge him. The department is expected to announce around 11 a.m. the size of…
UK defends Israel sanctions after being told to close consulate
The British consulate in east Jerusalem on September 8, 2026. Ahmad Gharabli | Afp | Getty Images The U.K. has defended its decision to impose new sanctions on certain Israeli goods, following backlash that saw London told to close its consulate in…
Demand for riskier mortgages rises again, along with interest rates
A «For Sale» sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage rates moved up again last week, prompting more borrowers to search for savings. They found that in riskier,…
UK air traffic chief rules out cyber attack after chaos at Heathrow
Delayed passengers wait and queue with their luggage at Terminal 3 of London Heathrow airport, west of London on September 8, 2026, following major disruption due an issue affecting the NATS air traffic control systems. Henry Nicholls | Afp | Getty…