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Top stories and hot topics from the media in the world, a division of @iBreaking .
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CNBC: Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card balances are ticking higher mid-way through the year, according to a new report on household debt from the Federal Reserve Bank of New York.

https://www.cnbc.com/2026/08/11/ny-fed-credit-card-debt-hits-1point26-trillion-k-shaped-divide-persists.html
CNBC: Target appoints its first chief AI officer as big retailers bet on AI

Target announced its first-ever chief artificial intelligence officer on Tuesday as retailers race to take advantage of the AI boom.

https://www.cnbc.com/2026/08/11/target-appoints-chief-ai-officer-chandhu-nair.html
CNBC: Manus to return as independent company after China forced Meta to unwind $2 billion deal

Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.

https://www.cnbc.com/2026/08/11/manus-china-meta-acquisition.html
CNBC: Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately

The CEO of the nation's largest single-family rental landlord said the new law banning large-scale investors from the market will lower prices in the long term.

https://www.cnbc.com/2026/08/11/invitation-homes-ceo-institutional-homebuying-ban-prices.html
CNBC: Trump wants to split the MMR vaccine. Experts say that's unlikely — and comes with consequences

Doctors and other experts say that splitting the measles, mumps and rubella shot has no scientific basis and is unlikely to get off the ground. 

https://www.cnbc.com/2026/08/11/mmr-vaccine-trump-wants-to-split-childhood-shot-up.html
CNBC: AI computing power is becoming a tradable asset class as CME launches futures contracts

The exchange is partnering with Silicon Data to introduce two compute futures contracts on Oct. 5, pending regulatory review.

https://www.cnbc.com/2026/08/11/ai-computing-power-becomes-a-tradable-asset-class-as-cme-starts-futures.html
CNBC: Trump says NYC pied-à-terre tax 'must be stopped,' eyes federal block

Trump in a Truth Social post called Mamdani's pied-à-terre tax a "dangerous political 'experiment' in New York will destroy" the city and state.

https://www.cnbc.com/2026/08/11/trump-nyc-pied-a-terre-tax-mamdani-lawsuit.html
CNBC: CoreWeave stock pops 12% as revenue doubles on accelerating AI infrastructure demand

CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.

https://www.cnbc.com/2026/08/11/coreweave-crwv-q2-earnings-report-2026.html
CNBC: Trump administration ends Medicaid, CHIP funding for gender-affirming care for children

Federal dollars in the two health insurance programs would not go toward gender-affirming care, but states could still cover the treatments.

https://www.cnbc.com/2026/08/11/trump-medicaid-chip-funding-gender-affirming-care-children.html
CNBC: Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China

Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?

https://www.cnbc.com/2026/08/11/nvidia-ai-funding-jensen-huang-china-risk.html
CNBC: Cramer says ask yourself these 3 questions to figure out what's really happening in the market

CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.

https://www.cnbc.com/2026/08/11/cramer-questions-figure-out-market.html
CNBC: EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data

The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.

https://www.cnbc.com/2026/08/12/china-car-sales-data-byd-tesla-geely-vw.html