House panel advances tax relief bill for fraud victims
A bipartisan proposal would restore deductions for many scam losses and waive some retirement withdrawal penalties tied to fraud.
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Stocks
A 27-year-old NYC locksmith built a 24-hour business after a $7,000 tool bet
Sahar Yona says a viral TikTok helped Locksmith Girl of NYC reach up to 60 jobs a week after she left subcontracting to work for h...
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U.S. expat says Trinidad move cut family costs to about $3,000 a month
Chantel Henry says her family of four spends about $3,000 monthly in Trinidad and Tobago, where a $500 mortgage replaced Atlanta’s...
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World Cup drew voters across party lines, CNBC survey finds
CNBC’s poll found nearly half of registered voters watched the World Cup, with income and education creating wider gaps than party...
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Jensen Huang’s signed leather jacket sells for $960,000 at Sotheby’s
The Nvidia CEO’s worn Tom Ford jacket drew 65 bids, far above Sotheby’s $40,000 to $60,000 estimate.
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K-beauty’s U.S. surge is moving from TikTok carts to store shelves
Korean beauty sales are growing fast in the U.S., giving retailers like Sephora, Ulta and Target a new way to chase skin-care dema...
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Biotechs test GLP-1 weight-loss treatments for cats
Early feline obesity trials show how human weight-loss drug ideas are moving into the fast-growing pet health market.
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Wall Street turns to AI as Warsh pulls back Fed guidance
Firms are building tools to read Fed Chair Kevin Warsh as the central bank cuts back on public signals about interest-rate plans.
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Prediction market taxes remain unclear as IRS stays silent
Tax experts say prediction-market profits could be treated as gambling income, capital gains or Section 1256 contracts, with very...
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U.S. says seventh night of Iran strikes is complete as oil jumps
Centcom said it struck Iranian military and maritime targets while Gulf states reported attacks and crude reached its highest leve...
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White House expands role in who can test top AI models
CNBC reported the Trump administration is exerting more control over access to advanced AI systems, affecting OpenAI, Anthropic an...
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Taco Bell lettuce outbreak pressures Yum shares, analysts see limited hit
A CDC-linked cyclosporiasis outbreak tied to Taco Bell lettuce has weighed on restaurant stocks, though analysts expect the sales...
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