Japan exports post huge miss in September as growth slows to 16.7%
- Japan's exports in September rose 16.7% from a year earlier, missing market expectations by a huge margin.
- Reuters-polled analysts had pegged exports growth at 20.1%.
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Stocks try for back-to-back gains — plus, Qnity gets iPhone business from Apple
- Stocks are higher Tuesday, with the S&P 500 and Nasdaq poised for back-to-back days of gains.
- Apple announced an expanded partnership with Qnity Electronics through Apple's American Manufacturing Program, and Qnity will produce advanced films for the iPhone 18 Pro.
Draymond Green says he's 'not Steph Curry,' wants to play another year even if he leaves Golden State Warriors
- Green said he would love to retire as a member of the Golden State Warriors, but plans to keep playing next season even if that means joining another team.
- He said he does not have every luxury that Steph Curry has and plans to approach this season as though it could be his last with the Warriors.
- Green was drafted by the Warriors in 2012, has spent all 14 seasons of his career with Golden State and signed a one-year deal in July.
U.S. Treasury yields move lower as investors await housing, employment data
- The benchmark 10-year Treasury yield was down 2 basis points to 5.114%, while the 30-year Treasury bond fell 2 basis points to 5.45%.
- The 2-year Treasury note yield was broadly flat at 4.757% as investors awaited further economic data and the Federal Reserve's interest rate decision next week.
- Investors will parse housing starts and monthly pending home sales data for September later on Tuesday morning, with weekly initial jobless claims set for Thursday and the S&P Global Composite PMI Flash on Friday.
What’s making Europe so angry? The frustration behind the protests
- Violent protests have erupted in several European countries over dissatisfaction with living costs.
- France saw the largest demonstrations at the weekend, with more than 500,000 people marching.
- Separate protests also took place in Italy, Spain, Portugal and Albania on Saturday and Sunday.
U.S. bans DeepSeek from government agency systems amid AI rift with China
- The Trump administration banned Chinese AI startup DeepSeek from civilian U.S. government agencies.
- The Department of Homeland Security made public an order on Monday requiring federal civilian agencies to remove DeepSeek-related technology from their IT systems.
- The order bars federal civilian agencies from procuring DeepSeek products and services and excludes the Department of Defense.
Copper is outshining gold this year. Investors say the rally can survive an AI correction
- Copper has rallied 15.8% year-to-date and is up more than 30% over the past 12 months, while gold futures and spot gold are lower over the same periods.
- Ivanhoe Electric CEO Taylor Melvin said countries, regions and industries are focused on securing access to metals for national security, economic growth and technology infrastructure.
- U.S. tariff uncertainty, exceptionally low Chinese copper inventories and rising premiums there are supporting copper prices, according to the article and Aberdeen Investments' Iain Pyle.
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‘Open your doors for AI’: German chancellor urges businesses to embrace AI as Nvidia announces new investments
- Nvidia is increasing its investments in Europe's artificial intelligence sector and plans to back four German startups: Agile Robots, Avelios Medical, Mirelo and Reflex Aerospace.
- Chancellor Friedrich Merz said Germany aims to become a leader in integrating AI into key sectors and urged small- and medium-sized businesses to use the data they already hold.
- Siemens announced new AI solutions developed with Nvidia at its factory in Erlangen, Germany, saying the technologies could reduce engineering work by up to 85% and cut costs by as much as 20%.
Trump says he'd meet with Putin and Xi, criticizes Zelenskyy
- Trump said he would meet with Russian President Vladimir Putin and Chinese President Xi Jinping to discuss how to end the Ukraine war.
- He suggested the meeting could take place without Ukrainian President Volodymyr Zelenskyy present.
- Trump said, 'Anything I can do to end the war, whether somebody's there or not,' when asked about the potential meeting as he left the White House for a campaign rally in Kansas.
Anthropic is AI trade's last big hope for a major IPO this year
- On Kalshi, Anthropic is the only major company left that may officially announce an IPO this year, with 75% odds as of Monday morning.
- OpenAI ruled out a public-market debut in 2026, while several other planned offerings were postponed this year.
- Anthropic confidentially filed a prospectus with the SEC in early June; the company also said revenue totaled $16.8 billion in the third quarter.
Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
- Saudi Arabia has postponed its big annual investor conference as Iran-backed Houthi militants have escalated missile and drone attacks on the kingdom in recent weeks.
- The Future Investment Initiative, which was scheduled for Oct. 26, has been postponed until 2027.
- The decision to postpone the conference comes after the Houthis attacked King Khalid International Airport in Riyadh on Oct. 10, leaving at least 12 people dead and more than 300 injured.
Putin reportedly suggests summit with Trump and Xi to decide fate of Ukraine
- The Wall Street Journal reported Vladimir Putin had reportedly suggested a summit between himself, U.S. President Donald Trump and Chinese President Xi Jinping for a deal to end the Ukraine war.
- The meeting was mentioned in a phone call to Trump on Oct. 9, according to the Wall Street Journal, citing a former Russian intelligence officer briefed on the matter.
- The summit is not confirmed, but if it takes place will not involve Ukrainian President Volodymyr Zelenskyy.
The bloated workweek is coming for Sundays—as some embrace flexibility, others worry about job security
- A recent Owl Labs report surveyed 2,000 people in July and found nearly half of workers often clock in on Sundays.
- Microsoft's 2025 research says chat messages sent outside the standard Monday through Friday 9 a.m. to 5 p.m. workweek rose 15% year-over-year to an average 58 messages per user.
- Weishaupt says Sunday work could reflect flexibility and 'microshifting,' but also job anxiety and overworking in a tough job market.
Investors are buying up vast tracts of timberland across U.S. in one of market's longest-term bets
- Institutions have been buying timberland at a rate of one million acres per year, according to Bank of America, and the pace is described as a three-year streak of dealmaking.
- Timberland investing is described as not very profitable in the short term and not easy to enter or exit; Pat Dorn says timber is a very low return investment.
- The National Council of Real Estate Investment Fiduciaries' Timberland Property Index posted a total return of 0.95% in the second quarter of 2026.
Wall Street's fear gauge is ripping. Traders see it going even higher
- The sell-off in AI-related stocks pushed the Cboe Volatility Index (VIX) above 22 for the first time in four months.
- Investors bought November VIX calls in several large trades, including 9,200 of the November 18, 20-strike calls for $1.7 million and 12,500 of the November 18, 23-strike calls for $1.1 million.
- The market faces a key test next week when Tesla, SpaceX and Meta report earnings.
Debt is eating up a bigger chunk of your raise, research shows
- A new analysis says a typical U.S. household's estimated real take-home monthly pay rose $109 from late 2022 to early 2026, while a worker's monthly debt payments rose $57.
- Researchers estimate 52 cents of every dollar of income gained goes to higher debt payments for a one-earner household; for a two-earner household, they project the entire real income gain, and then some, goes toward debt.
- Federal Reserve data show 8.6% of families spent more than 40% of their income on debt payments in 2025, up from 6.5% in 2022, the highest level since 2013.
Trump says new White House press secretary Katie Zacharia should 'reconsider' job
- Trump said he had just told Zacharia, "If I were you, I'd reconsider."
- Zacharia faced criticism after she led a shaky first press briefing on Monday.
- The White House did not immediately respond to CNBC's request for comment on Trump's remarks.
Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
- Odds of a merger happening before March jumped to 56% by Friday morning from 29%.
- Odds for an integration before April and May climbed to similar levels.
- Barclays expects a merger could be announced before Tesla's annual general meeting, no later than Dec. 6, 2026.
Sickle cell gene therapies offer new hope, but access remains a major challenge
- The FDA approved Casgevy and Lyfgenia in 2023 as the first two gene therapies for patients with severe forms of sickle cell disease.
- High costs, a complex treatment process, provider availability and access to specialized treatment centers have slowed use.
- By the end of 2025, uptake remained limited, with 64 patients worldwide receiving Casgevy infusions and 115 U.S. patients treated with Lyfgenia since its approval.
Elon Musk cash infusion helps GOP Senate super PAC raise record $272.9 million
- The Senate Leadership Fund entered the final weeks before the Nov. 3 midterm election with more than $155 million in cash.
- The SLF brought in $272.9 million from July through September, including $209.7 million from donors — including Elon Musk, who supplied the bulk of that money.
- Musk poured $158 million into the SLF in September through an affiliated Texas PAC created to support Republican Ken Paxton, with two contributions of $75 million and $83 million.
USPS postmarks can lag mailing dates. What taxpayers and voters should know
- Taxpayers who received a filing extension and plan to mail their return can generally meet the Oct. 15 deadline as long as the postmark is applied on or by that date.
- Thirty-five states require mailed absentee ballots to be received by election officials on or before Election Day, according to the National Conference of State Legislatures.
- In California, mail-in ballots postmarked by Election Day can arrive as many as seven days afterward and still be counted, while Colorado requires receipt by 7 p.m. on Election Day.
Trump says Nidal Hasan execution won't be live-streamed
- President Donald Trump said Thursday that the planned execution of convicted Fort Hood killer Nidal Hasan would not be live-streamed.
- Trump's announcement came after growing opposition to the idea of showing Hasan's execution live online.
- The article says Nidal Hasan was convicted in connection with the Fort Hood shooting.
Treasury yields slide as investors flee to safety of bonds amid tech rout
- Treasury yields dropped Thursday as investors cashed in some technology shares and fled to the safety of bonds following the latest inflation data.
- The 10-year Treasury yield fell more than 13 basis points to 5.056%; the 30-year Treasury bond yield fell to 5.385%; the 2-year Treasury note yield was more than 5 basis points lower at 4.745%.
- Wholesale prices jumped 6.3% annually in September, the CPI rose 0.6% monthly and 3.7% annually, and fed funds futures were pricing in at least one more quarter-point hike by the end of the year.
U.S. Treasury dismisses IMF debt warning and 'messy' forecasting
- Treasury counselor David Zervos said the IMF should check its own forecasting record before criticizing U.S. fiscal policy.
- Zervos said the IMF's forecasts have been "messy" in the past, while IMF Managing Director Kristalina Georgieva warned growth alone would not put U.S. debt on a sustainable course.
- The article says government debt surpassed $40 trillion, and economists are divided on whether the U.S. could be pushed into a true fiscal crisis.
Cboe to expand options trading hours for major stocks and ETFs
- Cboe Global Markets will extend trading hours for options on 24 stocks and five ETFs on Monday.
- Trading will be offered between 7:30 a.m. and 9:25 a.m. ET and 4:00 p.m. to 4:15 p.m. ET.
- The list will be updated twice a year and includes the Magnificent Seven, Oracle, Micron, Robinhood, Nokia, Palantir, Pfizer and Alibaba.
China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration
- He Yadong said China is willing to continue approving rare earth licenses to Europe.
- China said it was willing to use a "green channel" mechanism to keep rare earths flowing to Europe.
UK economy grew 0.1% in August, beating expectations
- The U.K. economy grew by a better-than-expected 0.1% in the month to August.
- Economists polled by Reuters had been expecting GDP to shrink by 0.1% between July and August.
- The British pound jumped 0.4% against the U.S. dollar following the release, while yields on U.K. government bonds fell across the curve.
Oil falls as investors assess Mideast tensions, International Energy Agency's report
- Oil fell Thursday as traders assessed potential supply disruptions following attacks on ships passing through the Strait of Hormuz.
- A Singapore-registered ship was sunk in the critical Strait of Hormuz, and Iran said it was "counting the moments" until it can strike U.S. warships.
- Brent crude for December delivery dropped 1.66% to $104.31 a barrel, while West Texas Intermediate futures for November fell 1.09% to $94.05 per barrel.
Anthropic's third-quarter revenue is said to hit $16.8 billion ahead of IPO
- Anthropic told investors its third-quarter revenue stands at $16.8 billion as it prepares for a highly anticipated initial public offering reportedly slated for November.
- Revenue rose from $11.6 billion in the second quarter, with first-quarter revenue at $4.7 billion.
- Anthropic said it was profitable on an adjusted basis in the third quarter and was cash-flow positive, generating $1.70 in revenue for every dollar spent on computing power.
Trump to appeal order blocking White House from banning MS NOW, CNN and Politico
- The Department of Justice filed notice that it is appealing a federal judge's order blocking the White House from enforcing its ban on MS NOW, CNN and Politico.
- U.S. District Judge Timothy Kelly ruled that the three outlets targeted by President Donald Trump can keep their access to the White House complex.
- The ruling was a preliminary injunction and replaced Kelly's temporary restraining order against the ban Trump first announced in mid-September.
How high inflation became a 'fact of life' in the U.S.
- U.S. consumers are in the midst of one of the longest stretches of elevated inflation of the past century, with September CPI up 3.7% year over year.
- CPI has now registered around 65 months of consecutive annual readings above 2%, and the uninterrupted string of above-2% monthly CPI readings is the longest of the 21st century.
- Consumers are expecting inflation to accelerate, with the one-year inflation outlook in September rising to 3.9%, its highest reading in more than three years.
Container ship sinks in Strait of Hormuz as Iran steps up attacks
- The GFS Pride, registered in Singapore, sank after it was struck by an unidentified projectile and caught fire.
- The ship's 21 crew members were safely evacuated and no injuries were reported, according to the Maritime and Port Authority of Singapore.
- More than 20 vessels, mostly oil tankers, have come under attack this month in Hormuz, the Persian Gulf and Gulf of Oman.
We're exiting our remaining stake in an industrial stock spin-off gone wrong
- CNBC Investing Club says the Trust is selling its remaining position in Honeywell Technologies, with 110 shares sold at roughly $209 each.
- After Wednesday's trade, Jim Cramer's Charitable Trust will no longer own a position in HON.
- The trust said it is using the rebound to realize a small loss of about 3% and move on from the position.
Netflix is laying off roughly 6% of its workforce
- Netflix said on Wednesday that it will lay off roughly 6% of its employees, according to a memo obtained by CNBC.
- The job cuts will largely impact the product, tech, legal, and HR teams.
- Co-CEOs Ted Sarandos and Greg Peters wrote that Netflix remains on track to deliver its full year forecast.
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
- Mortgage rates hit the highest level in nearly three years last week, and overall demand dropped.
- Total mortgage application volume fell 2.75 last week and was 37.5% lower than the same week one year ago.
- Borrowers continue to rely more on ARM loans; the ARM share was 10.5% and was at its highest level since October 2025.
U.S. Treasury yields inch lower as investors await key inflation report
- U.S. Treasury yields inched lower on Wednesday as investors awaited the latest consumer price inflation reading, due later in the session.
- The 10-year Treasury yield was down 2 basis points to 5.195%, the 30-year Treasury yield was down 1 basis point to 5.549%, and the 2-year note yield was down 2 basis points to 4.772%.
- The September consumer price index report was due later on Wednesday morning, while producer price index data, retail sales and initial jobless claims were all due Thursday.