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Trump invokes Cold War-era Defense Production Act for oil production, refining
President Donald Trump also invoked part of the Cold War-era Defense Production Act, allowing him to provide financial incentives for oil-related activities.
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Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
With less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg is staying in California if the wealth tax passes.
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OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors
OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.
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Reported fraud losses among older Americans hit $3 billion in 2025 as big losses surge: FTC report
Older Americans reported $2.1 billion in fraud losses of at least $100,000, accounting for 70% of the $3 billion lost overall, according to the FTC.
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Trump defends Ramaswamy ad with Acton's estranged mom after bipartisan criticism
Ohio Gov. Mike DeWine said GOP gubernatorial nominee Vivek Ramaswamy should remove the ad featuring the mother of Democratic nominee Amy Acton.
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Trump asked Musk to lift Starlink slowdown, WSJ reports
Elon Musk, a critic of Ukrainian President Volodymyr Zelenskyy, had ordered the slowdown of SpaceX's Starlink, The Wall Street Journal previously reported.
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Moderna shares plunge after cancer vaccine data leaks — despite positive results
Moderna's stock fell even though the full data, released later Thursday, appeared positive based on Wall Street expectations ahead of the release.
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SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns
Musk’s biggest political bet is on the Senate, where control could shape future investigations, federal spending and regulations affecting SpaceX and Tesla.
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AI debt and French bonds face a stress test — why it may not be over
Bond markets are signaling unease over AI financing costs and sovereign debt in parts of Europe. More stress tests are coming.
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Elon Musk invests about $1 billion in Skydance
David Ellison's father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk.
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Lawsuit accuses Trump of illegally profiting off foreign crypto deals
"We're suing to stop the corruption and to force President Trump to return the profits to American taxpayers," attorney Matt Pelikan told CNBC.
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Disney’s multiplatform Super Bowl plan frustrates ABC affiliates
Disney is airing the Super Bowl on ABC, ESPN, Disney+, ESPN2, ESPNU, and NFL Network, to the chagrin of local station affiliates.
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FIFA launches tender of 2030 men's World Cup U.S. media rights, plans to choose winner by end of year
FIFA is formally auctioning its U.S. media rights and wants bids by Nov. 19.
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Third-party evaluators found vulnerabilities in OpenAI monitoring system during test pilot
OpenAI CEO Sam Altman pledged to grant independent evaluators "employee-like access" to the company to help address mounting safety concerns.
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Bill Ackman says 2027 will be an amazing year for stocks as wars, inflation ease
"We're going to have an amazing 2027," he said.
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Jobless claims near the lowest since the 1960s as low-fire trend continues
Initial filings for unemployment insurance slipped to a seasonally adjusted 194,000.
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California's Proposition 40: What voters need to know about billionaire wealth tax battle
California's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3.
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Comcast beats earnings expectations as media revenue offsets weakness in connectivity
Comcast is in the process of spinning off its media business into a separate publicly traded company.
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Trump's approval rating on economy hits all-time low as midterm looms: CNBC survey
Eight out of 10 Americans now rate the economy as fair or poor, one of several findings in a CNBC poll that show why Republican candidates face uphill battles.
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Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.
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American Airlines forecasts bigger loss in 2026 on fuel spike, plans to slow growth next year
It's the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs.
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David's Bridal plans to spin off AI platform Pearl into publicly traded company
David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
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Nvidia CEO Jensen Huang says neocloud demand is 'off the charts' but capital is scarce
Nvidia CEO Jensen Huang told CNBC Thursday that demand for neocloud firms is "off the charts," but scarce capital is holding back growth.
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U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms
The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.
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