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Top stories and hot topics from the media in the world, a division of @iBreaking .
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CNBC: Solar eclipse drives Europe hotel prices to over $1,000 a night

Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.

https://www.cnbc.com/2026/08/12/solar-eclipse-europe-hotel-prices.html
CNBC: Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple

Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models.

https://www.cnbc.com/2026/08/12/google-pixel-11-gemini-ai-phone-apple.html
CNBC: Wendy's stock jumps on report of potential takeover bid from Nelson Peltz's Trian Fund Management

Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.

https://www.cnbc.com/2026/08/12/wendys-stock-jumps-on-nelson-peltz-takeover-bid-report.html
CNBC: Small investors became a major stock market force. Now, they risk getting pushed back into the dark

Retail investors' access to information could take a hit at a time when they are more important than ever in financial markets.

https://www.cnbc.com/2026/08/12/retail-investors-truthapi-earnings-trump.html
CNBC: Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners

Trump officials may be considering a tax break for homeowners selling their primary residence in the lead up to the midterm elections.

https://www.cnbc.com/2026/08/12/trump-officials-float-cut-to-capital-gains-tax-on-home-sales.html
CNBC: Trump sued over Truth Social advance access sale

The lawsuit, filed in U.S. District Court in Manhattan, notes that Trump's posts on his own social media site often move financial markets.

https://www.cnbc.com/2026/08/12/trump-truth-social-lawsuit.html
CNBC: Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says

Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.

https://www.cnbc.com/2026/08/12/bob-iger-joshua-kushner-buy-los-angeles-lakers-from-mark-walter.html
CNBC: Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt

Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.

https://www.cnbc.com/2026/08/12/strait-hormuz-ship-traffic-iran-war-deal.html
CNBC: SpaceX short sellers are running out of bullets as stock rebounds more than 30% off low

Short interest in SpaceX fell to about 11% of the company's publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3.

https://www.cnbc.com/2026/08/12/spacex-short-sellers-are-running-out-of-bullets-as-stock-rebounds-38percent-off-low.html
CNBC: 'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers

Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.

https://www.cnbc.com/2026/08/12/lettuce-prices-cyclospora-cpi.html
CNBC: U.S. budget deficit surged in July to highest level since March 2021

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.

https://www.cnbc.com/2026/08/12/us-budget-deficit-surged-in-july-to-highest-level-since-march-2021.html
CNBC: How the market is trading gold as Fed rate hike and inflation odds shift

Gold prices have been volatile in 2026, but a recent rally shows renewed investor interest amid tamer inflation data and changing Fed rate expectations.

https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html
CNBC: Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea

Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.

https://www.cnbc.com/2026/08/12/saudi-arabia-iran-oil-red-sea-houthi-suez-canal-strait-hormuz.html
CNBC: Trump says Karoline Leavitt resigning as White House press secretary

Leavitt, who is the youngest White House press secretary every, gave birth in May to a girl, her second child.

https://www.cnbc.com/2026/08/12/trump-white-house-karoline-leavitt-resigning-.html
CNBC: Cerebras stock plunges 14% after second earnings report following IPO

Cerebras Systems reported better-than-expected second-quarter revenue and and raised its full-year guidance.

https://www.cnbc.com/2026/08/12/cerebras-cbrs-q2-earnings-report-2026.html