Where rental demand is heading and what it means for home sales
Buffalo, New York. Sean Pavone | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to…
AstraZeneca COPD drug tozorakimab shows positive late-stage trial results
AstraZeneca on Tuesday released full results from two successful late-stage trials on its experimental drug for chronic obstructive pulmonary disease, boosting hopes that it could generate multibillion-dollar sales for the company. The biologic…
Here’s where the U.S. is behind China on battery technology
The Trump administration has been trying to build up the U.S. battery supply chain and reduce its reliance on China. But the funding it has set aside for the effort is small compared with what would be needed to substantially loosen China’s grip on…
Crypto platforms lost billions to cyberattacks, many even after audits
A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. Kacper Pempel | Reuters Security audits weren’t enough to keep many cryptocurrency platforms safe from money-losing hacks, crypto…
TSMC, Samsung to use ASML High NA EUV tools for AI chips
ASML’s Assia Haddou shows CNBC’s Katie Tarasov a High NA chipmaking machine in Veldhoven, Netherlands, on April 24, 2025. Magdalena Petrova Samsung and TSMC, the world’s two biggest chipmakers, have committed to using ASML‘s High…
Novartis stock plummets 10% after third trial disappointment in a week
FILE PHOTO: The logo of Swiss drugmaker Novartis is seen at the company’s new cell and gene therapy factory in Stein, Switzerland, November 28, 2019. Arnd Wiegmann | Reuters Novartis shares tanked 10% on Tuesday after the pharmaceutical giant said…
Canada tariffs up to 50% come into effect on $27.6 billion U.S. goods
A truck crosses into the United States on the Gordie Howe International Bridge, connecting Windsor, Ontario, and Detroit, Michigan, on September 6, 2025. Jeff Kowalsky | Afp | Getty Images Canada’s retaliatory tariffs on a swathe of U.S. goods took…
Oil extends gains on renewed Mideast hostilities
FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. Hamad I Mohammed | Reuters Oil prices extended gains Tuesday and were hovering at six-week highs on worries over escalating Mideast tensions after the U.S. and Iran traded…
Global markets shrug off shocks. HSBC sees what could break the streak
A trader works on the floor of the New York Stock Exchange. NYSE Global markets have shrugged off a barrage of shocks in recent years, but HSBC sees several developments that could eventually end that streak. The key risks include higher corporate taxes,…
China’s imports in August miss estimates as exports pick up pace
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province,…