CNBC News & Breaking Stories

Consumer prices rose less than expected in April, giving shoppers relief. President Biden vows to fight inflation and lower costs.

Billionaire mathematician Jim Simons, known for pioneering quantitative trading, dies at 86. His foundation donated billions to research.

Apple's Let Loose event on May 7 will unveil four new iPad models, including iPad Pro 2024 with OLED displays and M4 chip.

Gov. Youngkin distances himself from Trump and Haley as Super Tuesday nears, sparking speculation on his future in the GOP.

Jim Cramer discusses Walmart's stock split, Berkshire Hathaway's underperformance, Domino's strong results, and Zealand Pharma's promising drug trial.

Highmark Health integrates Google Cloud and Epic Systems to improve data gathering for providers and payers, aiming to save $2.7 million annually.

President Biden proposes new student loan forgiveness plan targeting struggling borrowers, aiming to provide relief for those facing financial hardship.

"Nvidia's stock takes a hit as it loses $78 billion in market value, but Wall Street continues to bet big on AI."

Actress Bridgit Mendler, founder of Northwood, announced $6.3 million in funding, aims to build a data highway between earth and space.

Tucker Carlson defends right to interview Putin amid liberal backlash. Other reporters have also interviewed Putin in the past.

Mark Zuckerberg surpasses Bill Gates to become the fourth richest person in the world, with Meta stock surge making him $28B richer.

Nvidia stock surges as Goldman Sachs raises price target to $800 per share, expecting 20.9% growth over next 12 months.

The House has approved a bill that would expand the Child Tax Credit for parents and extend some business tax credits.

Tech journalists and publications have early access to Apple Vision Pro. Reviews suggest impressive features but potential drawbacks at a high price.

Adult film star Jesse Jane has tragically passed away alongside her boyfriend from a possible drug overdose. She was 43.

"Breaking: U.S. jobs market adds 216,000 jobs, unemployment rate holds steady at 3.7%. Stocks close losing week. Subscribe to CNBC Daily Open!"

The 2024 NHL Winter Classic presents Vegas Golden Knights vs. Seattle Kraken at T-Mobile Park. Stream live on TNT or Max.

SEC meeting with Grayscale, BlackRock, and Nasdaq fuels anticipation for bitcoin ETF approval. Bitcoin rallies to highest price in 20 months.

Tesla supporter Ross Gerber says Elon Musk has "stepped aside" from CEO role, facing backlash for controversial comments on social media.

Cisco Systems acquires cybersecurity software company Splunk for $28 billion, causing Cisco's shares to fall and Splunk's shares to rise.

"Dumb Money" is a movie that tells the real story of a financial rebellion led by small investors against Wall Street. It focuses on the GameStop stock surge and the impact it had on hedge funds. The film aims to champion the little guy and shed light on the flaws of the financial system. The cast includes Paul Dano, Pete Davidson, America Ferrera, and Seth Rogen. The movie highlights the power of social media and the role it played in the stock market frenzy.

Disney has received an offer of $10bn from media mogul Byron Allen for its ABC TV network, local stations, and cable channels, as the company seeks to focus on streaming. Allen's offer is preliminary and could change, but is based on the assumption that the assets generated $1.25bn in earnings over the past year. Disney has also held talks with Nexstar Media Group about ABC and its eight local TV stations. No decision has been made about a sale, but the negotiations could help establish the value of television assets.

Social Security benefits may be reduced by 77% in the future due to financial pressures, but changes are likely to be made to prevent cuts.

Disney and Charter Communications have reached a deal to end their distribution dispute, which resulted in ESPN, ABC, and Disney Channel being pulled from Spectrum cable service. The agreement includes a discounted wholesale price for subscribers for Disney streaming services.

Bill Gates and Elon Musk had a confrontational meeting in 2022 over Gates shorting $1.5 billion worth of Tesla stock, according to a new biography. Musk was upset and "super mean" to Gates during the meeting. The book also reveals Gates' criticism of Musk's beliefs on climate change and Mars colonization.

Texas' electric grid is on the verge of blackouts due to tight grid conditions caused by high temperatures and reduced reserves. Conservation efforts are being urged.

Taylor Swift's concert film "The Eras Tour" and the next installment of the "Exorcist" horror franchise are both hitting theaters on Oct. 13.

Actor Ryan Reynolds has made over $450 million from brand deals with companies like Aviation Gin and Mint Mobile, despite admitting he's "no wizard" at investing. Reynolds is known for his "valued-added investing" strategy, using his name and face to tell a startup's story and increase its return on investment. This tactic is becoming increasingly popular among venture capitalists and angel investors like Reynolds, as well as retail investors using equity crowdfunding platforms. Despite the risks, Reynolds has had a series of nine-figure exits and continues to invest in startups like Nuvei Corp.

Florida Gov. Ron DeSantis urges Disney CEO Bob Iger to drop the lawsuit accusing him of political retaliation.

Former WWE CEO Vince McMahon was raided by federal agents last month over allegations of paying multiple women "hush money" for sexual misconduct claims. McMahon denies any wrongdoing.

Christine Romans, a veteran journalist and anchor with CNN's "Early Start," is leaving the network for a new opportunity. CNN will temporarily feature rotating anchors for the show.

Fast food stocks fluctuate after quarterly earnings reports, some exceeding expectations.

A downtown mini market in Los Angeles has sold a winning Powerball ticket worth $1.08bn. Although the buyer has yet to step forward, many have speculated about how their life is about to change. The majority of winners opt to receive half of the jackpot in an immediate lump sum payment. The National Endowment for Financial Education has previously shown that up to 70% of lottery winners spend all their winnings and go broke within a couple of years. Mark Cuban, billionaire investor and star of ABC's "Shark Tank", advises winners to hire a tax attorney and wealth manager to help them make informed decisions about their newfound wealth.

UK regulator rejects Microsoft's proposed remedies for Activision-Blizzard acquisition, demands restructuring.

Jessica Simpson opens up about sacrifices made to regain financial ownership of her brand.

Alef's Model A flying car has received approval from the Federal Aviation Authority (FAA), making it the first vehicle of its kind to be approved for use in the US. The car is entirely electric and has a range of 110 miles. It contains eight rotating blades underneath its bodywork, allowing it to rise vertically and then rotate sideways for forward propulsion. The vehicle is designed to "hop" over congested areas due to traffic jams or road accidents. Alef has received strong pre-order interest for the Model A, which is priced at $300,000.