CNBC

Federal Reserve Board Federal Reserve chairman Jerome Powell.
CNBC
CNBC

US Fed cuts rates but signals fewer reductions to come

The Federal Reserve has lowered its key interest rate by a quarter percentage point, the third-consecutive reduction and one that came with a cautionary tone about additional cuts in coming years. 

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Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, Dec. 18, 2024, in Washington. (AP Photo/Jacquelyn Martin)
Business
CNBC

US Fed Reserve cuts rate, disappoints market

The Federal Reserve on Wednesday lowered its key interest rate, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years. 

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Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger
Companies
CNBC

Major car makers to begin merger talks to rival giants

Two major Japanese automaker brands are reportedly planing to enter negotiations for a merger to better compete in the rapidly changing global automotive industry.

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The snack, a $US6 billion category for fast food, has transcended the kid’s menu. 
CNBC
CNBC

Why fast-food companies are betting on chicken tenders

Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on a familiar favourite.  

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Top executives of Apple and Google have been told to prepare to dump TikTok.
Business
CNBC

Apple and Google told to prepare to dump TikTok

Top executives of Apple and Google have been told to prepare to remove TikTok from their app stores and devices as the social media platform faces a landmark ban.

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A person shows Google Quantum AI’s “Willow” chip, in this undated handout photo obtained by Reuters on December 6, 2024.
CNBC
CNBC

Just how powerful is Google’s breakthrough quantum chip?

Google has unveiled a new chip called Willow that it says marks a major breakthrough in the field of quantum computing, an area seen as the next frontier for many tech companies.

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Video
Hungry Jack’s founder Jack Cowin.
Business
CNBC

He bought a KFC store for $100,000. Now he’s worth $3b

As a kid, Jack Cowin shovelled snow and sold Christmas cards for cash. By the time he reached his 20s, it was burgers. Today: The 82-year-old is a billionaire, thanks to his fast food empire.

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Nicole Kidman has revealed why she works so hard. (EPA PHOTO)
Culture
CNBC

‘It’s very hard’: Kind reason behind Kidman’s busy career

Australia’s Nicole Kidman hasn’t gone a year without a film or series releasing since 2000. This is why.

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Individual investors don’t have to go whole hog into Bitcoin for it to make a difference in their portfolio’s performance.
Markets
CNBC

What to do now if you have Bitcoin in your portfolio

Bitcoinfinally reached $US100,000 and investors holding the cryptocurrency in their portfolios have a few moves they’ll need to make before they celebrate.

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The price of Bitcoin has surpassed $US100,000 for the first time.
Wealth
CNBC

Price of Bitcoin soars past $US100k mark for first time

The price of bitcoin soared past the long-awaited $US100,000 benchmark for the first time ever late Wednesday evening.

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Nearly half of singles are seeking a ‘golden retriever type’ person in 2025, according to Tinder’s end-of-year report.
Lifestyle
CNBC

Why singles want to date a ‘golden retriever type’ in 2025

Nearly half of singles are seeking a ‘golden retriever type’ person in 2025, according to Tinder’s end-of-year report.

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Elon Musk’s 2018 CEO pay package, worth about $56 billion, was the largest compensation plan in US history for a public company executive.
Business
CNBC

Elon Musk denied multibillion dollar payday, again

The Tesla CEO has lost his bid to get his massive 2018 CEO pay package — the largest compensation plan in US history for a public company executive — reinstated.

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Now former Intel chief exutive Patrick Gelsinger has retired immediately after a tumultuous near four years with the company.
Business
CNBC

CEO retires immediately after disastrous performance

Intel, one of the world’s leading chip-makers, has ousted it chief executive after disastrous performance over a tumultuous near four years.

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Here’s how to decline a date, and no, ghosting isn’t the answer.
Lifestyle
CNBC

How to decline a date, and no, ghosting isn’t the answer

Stop ghosting your dates. A dating coach has revealed a better way to decline a second date.

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Scott Bessent, pictured in 2018, is set to be named Donald Trump’s new Treasury secretary.
updated
US Politics
CNBC

Trump set to select hedge fund exec as Treasury secretary

President-elect Donald Trump has signalled his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary.

Read more (3 min) →