CNBC

U.S. center, business/financial press

Stories

• 2 Trump Lifts 50% Tariff on Plywood, Seaweed and Other Canadian Goods Sought by Sen. Collins, Adds Carpets, Paints and Freezers, Effective Oct. 30
• 3 Nasdaq Falls 2.6%, Its Worst Day Since June, as Meta Drops About 7% After Raising Its AI Spending Outlook
• 3 Philadelphia Chip Index Falls 6.72% Thursday; Kospi Erases 4% Drop to Close Up 0.3% as SK Hynix Halts Solidigm Listing Review
• 3 10-Year Treasury Yield Falls Below 5% for First Time Since September as AI Stocks Slide; Brent Oil Settles at $113.17
• 3 FAA Certifies Boeing 737 Max 10, the Largest Max Model, With 1,555 Orders Waiting
• 2 Netflix Third-Quarter Profit Tops Estimates; Company Lowers 2026 Ad Revenue Forecast to About $2.7 Billion From $3 Billion, and Shares Fall About 6% Premarket
• 3 Saudi Arabia Postpones Oct. 26-29 'Davos in the Desert' Investment Forum to 2027 Amid Houthi Strikes on Riyadh
• 2 Netflix and SpaceX Report Third-Quarter Results Tuesday; Meta and Tesla Report Wednesday
• 4 France Sets Partial Night Curfews in Parts of Paris, Lyon, Bordeaux, Nice and Other Cities After Weekend Looting; 2,513 Detained
• 2 Katie Zacharia Out as White House Press Secretary After Five Days and One Briefing
• 3 Fed Chair Warsh Declines to Signal October Rate Move as Brent Oil Touches $110, First Time Since May
• 4 EU Leaders End Brussels Summit Without a Budget Deal, Ask Commission for Options on Ukraine's €70 Billion 2027 Gap; Tougher Migration Wording Left Out
• 2 U.S. Producer Prices Rose 1.3% in September and 6.3% From a Year Earlier; Retail Sales Rose 0.8%
• 4 Social Security Sets 3.6% Cost-of-Living Increase for 2027, Largest Since 2023
• 3 BLS Publishes September CPI Report Oct. 14; Economists Had Forecast 3.6% to 3.7% Annual Inflation, Up From 3.4% in August