Government shutdown back pay headed to federal workers in coming days

Government shutdown back pay headed to federal workers in coming days

U.S. White House economic adviser Kevin Hassett speaks in front of a TV camera at the White House in Washington, D.C., U.S., November 13, 2025. Kevin Lamarque | Reuters Back pay owed to federal workers for the time they were furloughed during the government shutdown is expected to land in their bank accounts early next … Read more

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on Oct. 29, 2025 in Washington, DC. Alex Wong | Getty Images Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in … Read more

This startup backed by Bezos and Benioff launched a trading platform for shares of rental homes

This startup backed by Bezos and Benioff launched a trading platform for shares of rental homes

Row of single-family detached houses in Alexandria, Virginia. Grace Cary | Moment | 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 venture capitalists, private equity funds, family offices, institutional investors … Read more

Disney posts mixed results as streaming growth is offset by legacy TV declines

Disney posts mixed results as streaming growth is offset by legacy TV declines

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but … Read more

Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising targeting and gaming. Here’s how Tencent performed in the third quarter of 2025, per earnings released on Thursday:  Revenue: 192.9 billion Chinese yuan ($27.12 billion), surpassing the 189.2 billion Chinese yuan expected analysts, according to data compiled by … Read more

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance. … Read more

Jeffrey Epstein files: House speaker announces vote next week on release of docs

Jeffrey Epstein files: House speaker announces vote next week on release of docs

A protester holds a sign related to the release of the Jeffrey Epstein case files outside the US Capitol in Washington, DC, Nov. 12, 2025. Saul Loeb | AFP | Getty Images A petition in the House of Representatives to force a vote to compel the Justice Department to release the so-called Jeffrey Epstein files … Read more

Cisco’s stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders

Cisco’s stock jumps on earnings beat, strong guidance and .3 billion in AI orders

Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose more than 7% in extended trading. Here’s how the company did in comparison with … Read more

Jeffrey Epstein on Trump: ‘I know how dirty donald is’

Jeffrey Epstein on Trump: ‘I know how dirty donald is’

Notorious sex offender Jeffrey Epstein said of President Donald Trump, “I know how dirty donald is,” in a 2018 email thread about Trump’s former personal lawyer and fixer Michael Cohen having pleaded guilty to campaign finance violations and agreed to cooperate in a federal investigation of the president. Epstein made that remark about Trump to … Read more

Government shutdown: House to vote on funding bill

Government shutdown: House to vote on funding bill

U.S. Speaker of the House Mike Johnson (R-LA) walks surrounded by the media, as members of the U.S. House of Representatives returned to Washington after a 53-day break, for a vote that could bring the longest U.S. government shutdown in history to a close, on Capitol Hill in Washington, D.C., U.S., Nov. 12, 2025. Nathan … Read more