U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. speaks as he attends a press conference with Centers for Medicare and Medicaid Services Administrator Mehmet Oz to discuss health insurance reform, at the Department of Health and Human Services in Washington, D.C., U.S., June 23, 2025. Kevin Mohatt | ReutersA version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.Health and Human Services Secretary Robert F. Kennedy Jr. recently gutted a key government vaccine panel, saying it was necessary to eliminate…
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These days, bond investors should seek stability in high-quality assets, according to Pimco chief investment officer Dan Ivascyn. Investors can still find compelling yields while navigating both uneconomic uncertainty and concerns over global tensions, he said. This week, the global focus has been on the Russia-Ukraine war . On Monday, President Donald Trump met with Ukrainian President Volodymyr Zelenskyy and European leaders following the his summit last week with Russian President Vladimir Putin. Meanwhile, investors are closely watching U.S. economic data for an indication of when the Federal Reserve might start decreasing rates. Fed funds futures pricing data suggests a…
If it feels like there are a lot of new drinks on restaurant menus, it’s because there are.Driven by younger consumers who crave customized, cold beverages, chains from Dunkin’ to Dutch Bros, Starbucks and McDonald’s are answering the call.The number of beverages offered by the top 500 chains has increased by more than 9% in the last year, according to Technomic’s 2025 Away-From-Home Beverage Navigator Report. Companies have leaned even more into cold drinks. Offerings like specialty coffees and energy drinks have seen the most growth on menus over the past two years, as hot coffee and tea beverages on…
The Smithsonian Institution’s National Museum of American History is seen from the Washington Monument on June 19, 2025 in Washington, DC. Kevin Carter | Getty ImagesPresident Donald Trump on Tuesday said he has ordered his lawyers to snuff out what he calls “woke” content at museums by copying the playbook his administration is using to force concessions from colleges and universities.Trump’s command in a Truth Social post calls out the Smithsonian Institution, whose content he targeted in an executive order in March.But it also appears to go further, by criticizing not just “Museums throughout Washington” but those “all over the…
Ali Ghodsi, CEO of Databricks speaks on CNBC.CNBCDatabricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance and OpenAI, according to data from CB Insights.Databricks CEO Ali Ghodsi told CNBC’s Brian Sullivan that the total round will exceed $1 billion. The company was last valued by private investors at $62 billion in a $10 billion financing round late last year. In June, Databricks executives…
Narendra Modi, India’s prime minister, during the nation’s Independence Day ceremony at Red Fort in New Delhi, India, on Friday, Aug. 15, 2025.Bloomberg | Bloomberg | Getty ImagesIndian markets rallied on Monday as Prime Minister Narendra Modi’s recently revealed tax cuts extended a gift to a domestic economy that still faces the teeth of U.S. tariffs.The Nifty 50 index advanced 1%, with the BSE Sensex adding 0.84%. In currencies, the U.S. dollar surrendered 0.18% against the rupee.In an extensive Independence Day speech on Friday, Prime Minister Narendra Modi made a concerted push for self-reliance and proposed a spate of financial…
It’s clear which big box retailer is pulling ahead this earnings season. Victoria Greene, investment chief at G Squared Private Wealth, told CNBC’s “Power Check” on Tuesday that Target has lost its way, while competitor Walmart has a deep understanding of its customers — a divergence that’s sure to bear out when the companies report quarterly results this week. Target is set to release results Wednesday after the close, while Walmart will report Thursday. Here are the investor’s thoughts ahead of those reports. Target Greene said she is steering clear of Target until the big box retailer figures out its…
The back-to-shopping season, a crucial time of the year for retailers, is being muddied by tariffs and budget-conscious consumers. That backdrop has forced retailers to get creative to protect margins while shoppers hunt for deals on clothes, dorm-room decor and more. Tariffs are front and center. Just over half of respondents to UBS’s back-to-school survey last month cited elevated import duties as a top economic concern, behind only inflation. The result is “lackluster” consumer spending intentions, according to UBS. Based on its survey data, the firm estimated that spending on clothing, shoes, and accessories will decline 2.3% year over year.…
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty ImagesPalantir’s stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs.The artificial intelligence software provider’s stock has slid more than 15% over the last five trading sessions, after a stellar earnings report earlier this month propelled shares to all-time highs. The report was Palantir’s first-ever $1 billion revenue quarter.Tuesday’s dip coincided with a broader market pullback.Palantir is…
new video loaded: How Zelensky Made Progress With TrumpBy Michael Schwirtz, Claire Hogan and Nikolay Nikolov•August 19, 2025President Volodymyr Zelensky of Ukraine had a remarkably different White House visit on Monday than the ambush he walked into six months ago. Michael Schwirtz, the global intelligence correspondent for The New York Times, explains how President Zelensky courted President Trump and managed to put the ball back in Vladimir V. Putin’s court.Recent episodes in InternationalInternational video coverage from The New York Times.International video coverage from The New York Times.Show more videos from International Source link
