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Pound rises to its highest level since the Brexit referendum

The pound has risen to its highest overall level since the Brexit referendum over a decade ago.

BBC Business · 10h ago
Pound rises to its highest level since the Brexit referendum
What was really behind Wednesday's monster rally? Trump quickly making peace

The stock market skyrocketed on Wednesday on the heels of a decisive sweep for Democrats in the 2026 midterm elections. But that was not necessarily the only driver of the climb.

CNBC · 10h ago
What was really behind Wednesday's monster rally? Trump quickly making peace
Qualcomm stock drops 5% on weak earnings forecast as memory shortage weighs on smartphone sales

Qualcomm reported quarterly results on Wednesday that topped Wall Street estimates, but the chipmaker's earnings came in lighter than expected. The stock slid in extended trading.

CNBC · 10h ago
Qualcomm stock drops 5% on weak earnings forecast as memory shortage weighs on smartphone sales
The economy brought Trump back to power. Now it's his downfall

As President Donald Trump campaigned for the nation's highest office in 2024, he regularly blamed Democrats for the country's economic anxiety.

CNBC · 10h ago
The economy brought Trump back to power. Now it's his downfall
E.l.f. Beauty posts 51% sales increase, raises full-year guidance

E.l.f. Beauty on Wednesday blew past Wall Street expectations as it posted a 51% increase in net sales in its second fiscal quarter.

CNBC · 11h ago
E.l.f. Beauty posts 51% sales increase, raises full-year guidance
FWD Syariah Ingatkan Pentingnya Asuransi 'In This Economy'

PT FWD Insurance Syariah atau FWD Syariah menilai asuransi menjadi kebutuhan penting di tengah kondisi ekonomi yang penuh tantangan.

CNN Indonesia · 11h ago
FWD Syariah Ingatkan Pentingnya Asuransi 'In This Economy'
Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war

Crude oil prices tumbled Wednesday after Vice President JD Vance blamed the war against Iran for Republican midterm election reversals.

CNBC · 11h ago
Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war
CVS Health plans to split itself up. Here's why a breakup could make sense now

CVS Health plans to break itself up — and this time, the bet looks a lot more viable.

CNBC · 12h ago
CVS Health plans to split itself up. Here's why a breakup could make sense now
Democrats take Congress in a blue wave. Here's what it means for your money

With Democrats flipping control of Congress in the midterm election, the shift in power on Capitol Hill could reshape household budgets — from student loan bills and health insuran

CNBC · 12h ago
Democrats take Congress in a blue wave. Here's what it means for your money
New Flutter CEO bets on FanDuel promotions to win customers as profits suffer

Flutter's new CEO Dan Taylor is counting on better products and more generous customer rewards to help convert FanDuel's improving engagement into stronger profits.

CNBC · 12h ago
New Flutter CEO bets on FanDuel promotions to win customers as profits suffer
Voters rebuff data centers in every ballot measure except one during the 2026 midterms

The artificial intelligence data center boom hit a roadblock on election night, further complicating the tech industry's historic expansion plans.

CNBC · 12h ago
Voters rebuff data centers in every ballot measure except one during the 2026 midterms
McDonald's stock rises as earnings beat, U.S. restaurants show improvement

McDonald's on Wednesday reported mixed quarterly results as traffic to its U.S. restaurants fell, leading to a slight decline in domestic same-store sales.

CNBC · 12h ago
McDonald's stock rises as earnings beat, U.S. restaurants show improvement
What Republicans' huge loss means for Trump

Democrats just put President Donald Trump in a bind.

CNBC · 12h ago
What Republicans' huge loss means for Trump
Hyperscalers and Apple surge after election results remove investor uncertainty

Many of the biggest technology companies are surging on Wednesday, after Democrats scored a seismic victory in the midterm elections, flipping both the House and Senate.

CNBC · 12h ago
Hyperscalers and Apple surge after election results remove investor uncertainty
A massive trade just happened in a leading mortgage lender: Watch Options Action Live

For more options-trading reaction to the rally, click the link at the top of the page for Options Action LIVE featuring CNBC contributors Michael Khouw and Brent Kochuba alongside

CNBC · 13h ago
A massive trade just happened in a leading mortgage lender: Watch Options Action Live
Democrats map out an agenda to address affordability and corruption after midterm sweep

The newly elected Democratic majorities in the Senate and the House are planning to pass a flurry of bills as soon as they take the reins next January, CNBC has learned, and are pr

CNBC · 13h ago
Democrats map out an agenda to address affordability and corruption after midterm sweep
Trump hammers Fox News, blaming network for GOP losses as ratings slide

President Donald Trump turned against Fox News on Tuesday night in a string of posts on Truth Social while Democratic wins rolled in during a historic midterm election.

CNBC · 13h ago
Trump hammers Fox News, blaming network for GOP losses as ratings slide
CVS to split off drugstore business in major breakup of healthcare giant; shares fall 10%

CVS Health plans to split into two separate public companies by the first half 2028 in what would be one of the largest corporate breakups in history, the company announced Wednesd

CNBC · 13h ago
CVS to split off drugstore business in major breakup of healthcare giant; shares fall 10%
Analysis: The Democrats have one chance to extract concessions from Trump. Markets will hate it

The electoral sweep by Democrats on Tuesday night injects a new, unstable dynamic into the single biggest political risk to financial markets in the coming year: the debt limit. Un

CNBC · 14h ago
Analysis: The Democrats have one chance to extract concessions from Trump. Markets will hate it
Kraft Heinz to divest its North American coffee business in $650 million deal

Kraft Heinz announced Wednesday that it will divest its North American coffee unit in a deal that values the business at $650 million on an enterprise basis, as it works to refocus

CNBC · 14h ago
Kraft Heinz to divest its North American coffee business in $650 million deal
Uber beats on revenue, CEO tells CNBC the company is 'investing significantly' to add drivers

Uber reported revenue for the third quarter that topped analysts' estimates, but the company missed expectations in its two key businesses. Shares of the ride-hailing service rose

CNBC · 15h ago
Uber beats on revenue, CEO tells CNBC the company is 'investing significantly' to add drivers
Fundamental Bisnis Kuat, SeaBank Konsisten Jaga Pertumbuhan Positif

Jakarta, CNBC Indonesia - DI tengah kondisi ketidakpastian global, SeaBank berhasil mencatatkan pertumbuhan kinerja keuangan positif dengan membukukan laba bersih setelah pajak seb

CNBC Indonesia · 15h ago
Fundamental Bisnis Kuat, SeaBank Konsisten Jaga Pertumbuhan Positif
Elon Musk's millions fail to deliver Texas for the Republicans in fierce midterms

Democrat James Talarico's resounding victory in the Texas Senate race caused a major upset in the midterms for Republicans - and for Elon Musk.

BBC Business · 16h ago
Elon Musk's millions fail to deliver Texas for the Republicans in fierce midterms
Elon Musk’s record election bet backfired. The backlash may reach beyond one billionaire

Democrats' sweeping midterms victory marked a major rejection of Elon Musk and the artificial-intelligence industry, as a broad backlash against U.S. President Donald Trump and his

CNBC · 16h ago
Elon Musk’s record election bet backfired. The backlash may reach beyond one billionaire

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