Call of the Wilde: Montreal Canadiens wrangle Seattle Kraken, prevail with 4-2 win
December 5, 2023
This is the one Montreal Canadiens fans have been hoping for. Brian Wilde explains in this edition of Call of the Wilde.
International
CNBC Daily Open: All that glitters is gold — and bitcoin
December 5, 2023
U.S. equity markets have received the lion's share of attention over the past five weeks, but now investors seem to be captivated by the new and shiny.
Langley Township to look at repealing neighbourhood plans over NDP housing law
December 5, 2023
The new Bill 44 will require cities to allow up to four units on a standard residential lot, but the township's mayor says the city doesn't have enough infrastructure in place.
Brossoit brilliant as Winnipeg Jets down Carolina 2-1
December 5, 2023
The Jets' backup goaltender made 42 saves while Nikolaj Ehlers and Kyle Connor scored in the win for Winnipeg.
Video shows man narrowly missing being hit by cement truck on Port Mann Bridge
December 5, 2023
The video shows a cement truck approaching what appears to be a stopped truck and trailer in the right-hand lane of the Port Mann Bridge against the barrier.
Pilot project to pay B.C. drug users to go through treatment
December 5, 2023
The pilot will operate out of the Road to Recovery Program at St. Paul's Hospital, and is being privately funded through a $500,000 gift from an anonymous donor.
Fed is ‘disconnected’ from reality, must cut rates 5 times next year, portfolio manager says
December 5, 2023
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the economy into a recession, according to a portfolio manager.
‘Deeply saddened’: Richmond school district on death of teen student and his father
December 5, 2023
Richmond RCMP said officers were initially called to Goldsmith Drive, near No. 2 Road, around 10:30 p.m. on Thursday for reports of “suspicious circumstance(s).”
‘We’re in a crisis’: Vancouver firefighters warn of burnout among record calls
December 5, 2023
"This year we're going to respond to over 70,000 incidents in the city of Vancouver alone," Vancouver Fire and Rescue Services Chief Karen Fry said Monday.
Calgary family fights to ensure children with special needs have necessary resources
December 5, 2023
A Calgary family is advocating that all children, including those with special needs, get a full educational experience, including riding the bus.
GOP debate stage shrinks to four candidates
December 5, 2023
Ron DeSantis, Nikki Haley, Chris Christie and Vivek Ramaswamy are facing off in the fourth GOP primary debate on Wednesday.
Wall Street’s new e-commerce darling just overtook Alibaba in market cap — one analyst says it’s a ‘standout growth stock’
December 5, 2023
Morgan Stanley, JPMorgan and Morningstar have all raised their price target for the Chinese e-commerce stock.
Rockstar Games publishes Grand Theft Auto trailer early after it was leaked on X
December 5, 2023
The next game in the popular Grand Theft Auto video game will appear in 2025, more than a decade after Grand Theft Auto V.
Former U.S. ambassador spied for Cuba for decades, Justice Department says
December 5, 2023
Attorney General Merrick Garland called it "one of the highest-reaching and longest-lasting infiltrations of the United States government by a foreign agent."
Stock futures inch lower Monday night as major averages pause their late-2023 rally: Live updates
December 5, 2023
The major indexes slipped on Monday, following five consecutive winning weeks.
Five stocks to buy before the year end, according to the pros
December 5, 2023
CNBC Pro asked three fund managers for sectors — and stocks — they are bullish on in the lead-up to 2024. Here are five of their top picks.
Sec. Gina Raimondo: Threat from China is large and growing, can’t let it access top tier AI chips
December 5, 2023
Secretary of Commerce Gina Raimondo sat down with CNBC's Morgan Brennan over the weekend to discuss semiconductor trade with China and how U.S. policy is impacting chip makers.
Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS
December 5, 2023
Banque Pictet agreed to pay about $122.9 million as part of an agreement with U.S. prosecutors.
Gen Z women spend more on TikTok as app ‘drives consumption,’ analyst says
December 5, 2023
Gen Z women are driving spending trends on TikTok with the most time viewing short-form videos on the app and exposure to influencer advertising.
Stocks making the biggest moves midday: Spotify, Virgin Galactic, Lululemon and more
December 5, 2023
These are the stocks posting the largest moves in midday trading.
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
December 5, 2023
Manchester United will next week announce that U.K. petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the soccer club, Sky News said Monday.
Alaska-Hawaiian merger faces a Justice Department that has been skeptical of airline deals
December 5, 2023
The Justice Department has challenged a host of deals, including two airline partnerships in recent years.
Gold price hits $2,100 for record high — and analysts don’t expect it to stop there
December 5, 2023
Gold prices are expected to remain above $2,000 levels next year amid geopolitical uncertainty, a likely weaker U.S. dollar and possible rate cuts by the Fed.
Spotify jumps after saying it will cut 17% of workforce — read the full memo from CEO Daniel Ek
December 5, 2023
Spotify shares climbed roughly 10% Monday after the music streaming service said it would cut 17% of its workforce, or about 1,500 jobs.
Uber shares pop as company is slated to join S&P 500
December 5, 2023
The S&P Dow Jones Indices announced Friday that Uber has been selected to join the S&P 500 Index.
Stifel says the S&P 500 to top out soon, still stuck in a secular bear market
December 5, 2023
The firm forecasts the S&P 500 topping out around 4,650 into mid-2024, just 1.2% higher than Friday's close.
Telefonica Proposes Restructuring Affecting More than 5,000 Jobs in Spain
December 5, 2023
Telefonica said the plan is likely to include layoffs and a relocation of workers to other activities.
U.S. leads coalition to triple nuclear power by 2050 in effort to address climate change
December 5, 2023
The declaration is the most concrete step taken yet by major nations to place nuclear power at the center of the push to transition to clean energy.
Roche enters obesity market with Carmot takeover but drugs may not be available until 2030
December 5, 2023
Roche is to acquire anti obesity drug developer Carmot Therapeutics, becoming the latest pharma company to enter the global weight-loss drugs market.
White House says U.S. funding about to run out; Ukraine to probe apparent shooting of two unarmed soldiers by Russian forces
December 5, 2023
Ukrainian officials said the country came under attack from Russian drones and missiles overnight.
China’s emissions targets not robust enough, U.S. energy chief says
December 5, 2023
The U.S. and China need to "raise both of our levels of ambition, because we're the two biggest economies and the two biggest emitters," David Turk told CNBC.
Twilio Plans to Cut Workforce by 5%
December 4, 2023
The communications and customer data company plans to shed hundreds of jobs as it seeks to streamline its operations and accelerate its path to profitable growth.
Israel expands its offensive in the south of the Gaza Strip — where civilians were once told to shelter
December 4, 2023
Heavy bombardment has battered the city of Khan Younis, as the Israeli military changes the focus of its offensive to the south of the Gaza enclave.
Venezuelans vote to claim sovereignty over a part of oil-rich nation Guyana
December 4, 2023
This marks the latest escalation in a long-standing territorial dispute between both countries.
Here’s where to invest $250,000 for the next 5 years
December 4, 2023
CNBC Pro spoke to financial advisors and investment experts, who came up with three types of portfolios that cater to investors with different risk appetites.
Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024
December 4, 2023
Excitement around a bitcoin ETF being approved in the U.S. next year as well as the bitcoin halving is fueling a rally in cryptocurrencies.
Asia markets mixed as investors await this week’s key inflation data
December 4, 2023
Asia markets were mixed even after Wall Street's rise on Friday, which saw the S&P 500 and the Dow hit new highs for the year.