Key tax credits that reduce the cost of Affordable Care Act health insurance coverage for millions of Americans looked likely to expire by the end of the year after House Speaker Mike Johnson said Tuesday that there would be no vote on extending those subsidies this week. The House is not in session next week, … Read more
Check out the companies making headlines before the bell: Pfizer — The pharma giant issued disappointing 2026 earnings guidance. Pfizer a profit between $2.80 per share and $3 per share for the coming year. Analysts polled by LSEG expected earnings per share of $3.05 for 2026. The company also reaffirmed its 2025 outlook. Shares hovered … Read more
Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Kraft Heinz on Tuesday announced that former Kellanova CEO Steve Cahillane will lead the company ahead of its planned split next year. Cahillane … Read more
A security guard stands guard outside BBC Broadcasting House after Director General of BBC Tim Davie and Chief Executive of BBC News Deborah Turness resigned following accusations of bias at the British broadcaster, including in the way it edited a speech by U.S. President Donald Trump, in London, Britain, November 11, 2025. Hannah Mckay | … Read more
In a Monday interview with CNB’s Jim Cramer, Affirm CEO Max Levchin reviewed his company’s strategy, suggesting the buy now, pay later outfit benefits from not charging its customers late fees. “We have total alignment with our consumers. If they don’t pay us back, we just lose money,” Levchin said. “There’s no magic in the … Read more
New York Attorney General Letitia James accused delivery giant UPS of cheating seasonal holiday workers out of millions of dollars in legally owed wages, according to a new lawsuit filed Monday. James’ office said that an investigation “found that for years, UPS has shortchanged seasonal workers who keep the company running during peak holiday demand … Read more
President Donald Trump smiles from the field before the 126th America’s Game between the Army Black Knights and the Navy Midshipmen at M&T Bank Stadium in Baltimore, Dec. 13, 2025. Patrick Smith | Getty Images The United States has collected more than $200 billion in tariffs this year as a result of new duties imposed … Read more
The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc, Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as … Read more
Broadcom CEO Hock Tan. Lucas Jackson | Reuters In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative. Broadcom, CoreWeave and Oracle, three companies intimately tied to the AI infrastructure buildout, all had another rough day on Wall Street on Monday after selling off sharply last week. While the three … Read more
Bank of America Securities’ Savita Subramanian just issued the most bearish view on the Street for 2026, based on CNBC’s early calculations. The firm’s head of U.S. equity and quantitative strategy expects the S & P 500 will end next year at 7,100, a target that means the broader index will rise just 4% above … Read more