FDA approves Merck drug for decimated U.S. cattle herds to stop screwworm

There’s hope for U.S. cattle ranchers in the battle to stop the spread of screwworm at a time of decimated herds with the FDA approving a new Merck treatment.
Pfizer adds to obesity bet with up to $2.1 billion deal to develop Chinese company’s pill

The deal will help Pfizer beef up and diversify its obesity drug pipeline following its $10 billion acquisition of obesity biotech Metsera last month.
Judge unseals Ghislaine Maxwell grand jury materials, citing Epstein files act

Jeffrey Epstein, a former friend of President Donald Trump, killed himself in jail in August 2019, weeks after being arrested on child sex trafficking charges.
Why Netflix is making a big mistake trying to buy Warner Bros. Discovery, according to a top analyst

Laura Martin of Needham estimates that buying WBD would put $83 billion of additional value at risk of disruption from generative AI.
Fifth Third signs deal making fintech firm Brex the provider of its commercial cards

The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with evolving tech expectations.
Watch CNBC’s full interview with Walmart CEO Doug McMillon

Walmart CEO Doug McMillon joins ‘Squawk Box’ to discuss the move of the company stock to Nasdaq, why he’s stepping down as CEO, impact of AI on retail, state of the consumer, and more.
Commercial real estate deal volume drops for the first time in nearly two years

Commercial real estate has had a rough year after gaining momentum coming out of the pandemic.
Trump officials move to end student loan payment pause for millions of borrowers

The Trump administration announced a proposed joint settlement with Missouri that would soon force millions of student loan borrowers into repayment.
Traders brace for a ‘hawkish cut’ from the Fed. Here’s what that means

Wall Street expects the Fed to deliver a “hawkish cut” this week. Not sure what that means? Well, wonder no more.
Corporate America is upbeat on economy, but less so on President Trump’s handling of it: CNBC CFO survey

A majority of CFOs are optimistic on the economy and see no recession in 2026, but their view of Trump’s handling of the job of president is lukewarm at best.