New Zealand delivers outsized cut, bringing policy rate to over 3-year low in bid to boost growth
The RBNZ said the decision was due to “significant spare capacity” in the economy, pointing out that economic activity was weak in the middle of 2025.
The global M&A engine is roaring, fueled by megadeals and rate-cut bets
The nine-month global deal value stood at over $3.4 trillion — a 32% year-on-year jump and the strongest showing since 2021, according to Mergermarket.
Asia markets trade mixed after World Bank raises regional growth forecast
Mainland China and South Korean markets are closed for the holidays.
U.S. air traffic control staffing hit for second day, delaying flights
Air traffic control staffing issues are delaying flights for a second straight day at numerous U.S. airports as the government shutdown reaches its seventh day, the Federal Aviation Administration said in a notice on Tuesday.
Furloughed federal workers face threat of no back pay from shutdown, despite 2019 law requiring it
As the federal shutdown stretches on, furloughed federal workers face the threat of not receiving back pay, despite a 2019 law that requires it.
Stock futures were little changed after S&P 500 snaps 7-day win streak: Live updates
A drop in Oracle on Tuesday called to question the sustainability of the artificial intelligence trade.
They will be ‘wonderfully profitable’ — Nvidia CEO on Oracle’s reported GPU profit squeeze
Oracle is “going to do incredibly well,” Jensen Huang said in an interview with Jim Cramer at the CNBC Investing Club’s Monthly Meeting.
Truth about AI, jobs and the future? ‘No one knows anything,’ says Wharton expert Ethan Mollick
For all the rapid progress in gen AI, what we still don’t know about artificial intelligence and the future is just about everything.
Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet
Dell Technologies CEO Michael Dell said that demand for AI computing power is “tremendous.”
A bubble may be forming, but there are still good investment opportunities in this market, says Josh Brown
Some AI stocks are vastly overvalued, suggesting there’s a bubble, but that shouldn’t deter pouring new money into good projects, Josh Brown told CNBC.