August 2026
How wealthy families can prepare for aging parents and avoid a succession crisis
Relatively few wealthy families are addressing the question of when an aging parent should give up control, advisors and lawyers told CNBC.
Warsh faces Fed independence test as Bessent moves in on central bank’s turf
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
California AG tells CNBC that settling Paramount-WBD lawsuit would require ‘robust structural remedies’
California AG Rob Bonta discussed the states’ antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC’s David Faber.
Bessent says U.S. likely won’t restart large-scale Iran combat as it steps up economic pressure
The Trump administration’s plan to crush Iran’s economy will likely negate the need for further U.S. military operations, Treasury Secretary Scott Bessent said.
Hyundai’s new flagship vehicle is a large luxury Genesis EV
The GV90 features a new design direction for Genesis and expands the Hyundai brand’s lineup to seven vehicles in the U.S.
Trump says Iran’s economy is collapsing. A former central bank adviser in Tehran pushes back
Iran’s economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran’s central bank told CNBC.
Walmart will report second-quarter earnings before the bell. Here’s what to expect
Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.
Trump scaling down U.S.-South Korea drills risks more than just joint military readiness
The move by Trump also will start to raise questions about the credibility of Washington’s commitment to alliances.
Trump announces ‘economic warfare’ on Iran, threatens ‘tremendous’ consequences for its backers
The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury.
Bessent moves to curb Treasury yields, putting new pressure on Warsh’s Fed
Treasury’s move to buy back more long-term debt cooled a bond selloff, but economists warn it could raise new inflation and independence questions for the Fed