Author: Editor-In-Chief
After a nervy final day in Sydney, Australia secured a five-wicket victory over England in the fifth Ashes Test, with the hosts’ dominance in the series reflected in securing a 4-1 scoreline.On the final day at the Sydney Cricket Ground, England’s loss of their last two wickets added 40 to their overnight score and set them up at 160 for victory, but Australia stumbled to 121-5 until Alex Carey (16th) and Cameron Green (22nd) notched the remaining 39 runs needed to avoid an embarrassing defeat in the end. Score summary – Australia vs England, 5th Ashes Test, Sydney Cricket Ground…
U.S. President Donald Trump departs after giving a speech to military leaders gathered at the Marine Corps base in Quantico, Virginia, on September 30, 2025. Jim Watson | AFP | Getty ImagesGlobal defense stocks rose on Thursday, extending their gains after US President Donald Trump called for a $1.5 trillion defense budget in 2027.“After long and difficult negotiations with senators, congressmen, secretaries, and other political representatives, we have determined that in the interest of our country, the military budget for 2027 should not be $1 trillion, but rather $1.5 trillion, especially during these extremely difficult and dangerous times,” he said…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. If you haven’t figured it out yet after reading this newsletter, I’m a huge cliché user. So, S&P500As traders face their first losing day of the year, they may be able to seek solace in the age-old adage, “It’s a marathon, not a sprint.”Stock futures fell this morning after mixed trading.Here are five important things investors need to know to start their trading day.1. Market moversSecretary of Health and Human Services Robert F. Kennedy Jr. speaks during the daily briefing in the Brady Briefing…
Man Utd blow top-four chance despite Sesko strikes Please use Chrome browser for a more accessible video player FREE TO WATCH: Highlights from Burnley’s draw against Manchester United Had Shea Lacey’s late strike found the net rather than the frame of the goal, it would have been one of those magical Manchester United moments. A young player who the supporters had wanted Ruben Amorim to trust with more minutes proving the hero. That Lacey was on the pitch at all was a product of more than Darren Fletcher’s desire to lean into United’s youth legacy but an attacking switch that…
2025 was a year in which the world reaffirmed a fundamental truth: conflicts are not confined to individual national borders. Currently, wars in the region are pushing migration across continents, disrupting food and energy markets, straining humanitarian systems, and reshaping global alliances. If the battlefield is local, the shockwaves spread globally.In this environment, two small states, Norway and Qatar, have made mediation a core instrument of their security policies, rather than a benevolent tool. For both of us, diplomacy is not a matter of public ceremonies and symbolic gestures. In a world where unresolved conflicts inevitably recur through alternative channels,…
Spangle, the AI e-commerce startup founded by former Bolt CEO Maju Kuruvilla, has raised $15 million in a new funding round, valuing the company at $100 million. The Series A round, led by NewRoad Capital Partners, comes more than a year after the Seattle-based startup raised a $6 million seed round at a $30 million pre-money valuation. The startup said Madrona, DNX Ventures, Streamlined Ventures and strategic angel investors also participated, bringing total funding to $21 million. Retailers are facing a shift in the way consumers find products online, as AI tools, social platforms, and recommendation engines increasingly influence purchasing…
Business representatives sit at a table during the Harlem Career Fair hosted by Congressman Jordan Wright on December 10, 2025 in New York City. Spencer Pratt | Getty ImagesThe number of announced layoffs fell sharply in December, hitting a 17-month low in a sign that the labor market may at least be stabilizing, consulting firm Challenger, Gray & Christmas reported on Thursday.The number of planned layoffs for the month was 35,553, a 50% decrease from November and an 8% decrease compared to the same period last year. This was the lowest total since July 2024 in a year dominated by…
The U.S. housing market has yet to regain momentum into 2026, according to the quarterly CNBC Housing Market Survey, but real estate agents say they are seeing a substantial shift toward a more balanced market.In the final quarter of 2025, mortgage rates have changed little, but home prices have steadily declined. Average interest rates on popular 30-year fixed mortgages fell sharply in the third quarter but held steady between 6.2% and 6.4% in the fourth, leaving some buyers on the sidelines with no incentive to jump.There are now early signs that more activity may be coming. “The buyers I’ve seen…
This significant change will result in the United States withdrawing from major forums focused on climate change, peace, and democracy.by News Agency and Associated PressPublished January 8, 2026January 8, 2026Click here to share on social mediaShare 2shareThe Trump administration announced that it would withdraw the United States from 66 international organizations, including 31 UN agencies and 35 non-UN organizations.Many focus on climate, labor, immigration, and other issues that the Trump administration has labeled as “contrary to American interests” in response to diversity and “woke” initiatives.According to the White House, here is a list of all government agencies the United States…
It’s widely understood that drinking and operating heavy machinery don’t mix. Alcohol can slow reaction time, impair judgment, cause trouble focusing and lead to dizziness or nausea — effects that become even more dangerous when operating an aircraft. And while it’s rare for commercial pilots to attempt to fly under the influence, a string of incidents in recent years has brought the issue to the forefront. Most notably, Japan Airlines came under scrutiny due to excessive alcohol consumption by two pilots the day before their flight in December 2024. A captain from the same airline admitted to drinking three beers…