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Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will […]

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Canada drops many of its retaliatory tariffs on the U.S.

Canada drops many of its retaliatory tariffs on the U.S.

Canada’s Prime Minister Mark Carney speaks at a press conference about recognizing Palestinian statehood, in Ottawa, Ontario, Canada, July 30, 2025. Patrick Doyle | Reuters Canada removed many of its retaliatory tariffs on the U.S. on Friday, marking a significant step forward in the two countries’ relationship. Canada in March imposed counter-tariffs of 25% on

Canada drops many of its retaliatory tariffs on the U.S. Read More »

Tariffs aren’t dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways

Tariffs aren’t dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways

Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida in the on August 5, 2025. JC Milhet | AFP | Getty Images As some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they

Tariffs aren’t dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways Read More »

Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot

Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot

Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images By day, Gunnar Wiedenfels is the chief financial officer of Warner Bros. Discovery and the CEO-elect of Discovery Global, one half of

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Workday beats estimates but CEO warns of challenges in education and government

Workday beats estimates but CEO warns of challenges in education and government

CEO of Workday Carl M. Eschenbach and Ana Eschenbach attend the Allen and Company Sun Valley Media and Technology Conference at The Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2025. Brendan McDermid | Reuters Workday reported an earnings beat on Thursday, but issued guidance that was inline with estimates and warned of

Workday beats estimates but CEO warns of challenges in education and government Read More »

Disney’s new ESPN flagship streaming app launches Thursday. Here’s what we know

Disney’s new ESPN flagship streaming app launches Thursday. Here’s what we know

Disney is launching its new ESPN flagship streaming app Thursday, just in time for the football season, bringing customers the full ESPN suite in one place. The entertainment company has been working on the launch of the direct-to-consumer app — which is also named ESPN — for some time. It’s designed to expand access for

Disney’s new ESPN flagship streaming app launches Thursday. Here’s what we know Read More »

How billionaire family offices bet on stocks during tariff turmoil

How billionaire family offices bet on stocks during tariff turmoil

Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are known to invest for the long haul, sometimes for generations.

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