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Kalshi is ramping up its media partnerships with a new CNBC deal.The popular prediction site has a new multi-year partnership with the business news giant that will put Kalshi’s real-time prediction data across CNBC’s channel, site, and app, starting in 2026.Kalshi reached a similar data integration deal with CNN on Tuesday. That day, Kalshi also announced that it had raised $1 billion from investors at an $11 billion valuation.The terms of the two partnerships weren’t disclosed, but a person familiar with the deals said that money is changing hands in both. Axios reported that Kalshi CEO Tarek Mansour said CNN…

President Trump is floating an idea that could appeal to millions of budget-strained households: using tariff revenue to reduce, or even eliminate, the federal individual income tax. But tax experts are skeptical that import taxes could completely replace income tax, and they say a reduction in income taxes would largely benefit the nation’s top earners.”I believe that at some point in the not-too-distant future, you won’t even have income tax to pay because the money we’re taking in is so great,” Mr. Trump said at a Dec. 2 cabinet meeting, referring to the tariff revenues generated by the wide-ranging duties…

Approximately three-quarters of businesses haven’t yet automated their 1099 information reporting for their taxes, according to a new report from Avalara.The survey, released Thursday, polled 1,000 accounts payable professionals, and found that only 24% have fully automated tax compliance, while 22% rely on mostly or entirely manual processes. In addition, 78% of the respondents said they plan to invest in compliance next year, while 71% say that AI innovation will influence their technology decisions..Accounts payable  leaders are getting ready for a rough January when they start to send out 1099 forms, especially larger filers (with more than 10,000 Forms 1099),…

Donald Trump’s aides and allies are discussing the possibility of making Treasury Secretary Scott Bessent the top White House economic adviser — in addition to his current job — should the president pick Kevin Hassett as the next chair of the Federal Reserve, according to people familiar with the matter.Tapping Bessent to lead the White House’s National Economic Council would allow him to consolidate oversight of Trump’s economic policies if Hassett — the current NEC director — becomes the next leader of the U.S. central bank, an announcement Trump has hinted at in recent days. The people spoke on the…

Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | ReutersDETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S.The EV manufacturer jumped from No. 18 on last year’s list of more than 30 automotive brands to 10th on the 2026 Consumer Reports Brand Report Card, which was released Thursday.”They definitely have their struggles, but by continuing to refine and not make huge changes in their models, they’re able…

The FBI crest MANDEL NGAN/AFP via Getty Images hide caption toggle caption MANDEL NGAN/AFP via Getty Images The FBI arrested a man believed to be responsible for placing pipe bombs near the U.S. Capitol complex nearly five years ago, three sources familiar with the matter confirmed to NPR. The sources weren’t authorized to speak publicly ahead of a press conference expected later Thursday. The suspect is a man who was arrested in the Woodbridge, Va., area, about 35 miles from Washington, one of the sources said. The FBI has spent years searching for the person who put bombs near the…

A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty ImagesParamount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness and adequacy” of the process, which officially launched in October. This week, Paramount, Netflix and Comcast submitted second-round bids to acquire some or all of Warner Bros. Discovery’s assets, CNBC previously reported. “It has become increasingly clear, through media reporting and otherwise, that WBD appears to…

General views of the Warner Bros water tower on the Warner Brothers studio lot on June 24, 2022 in Burbank, California.Aaronp/bauer-griffin | Gc Images | Getty ImagesWith more than a century of some of the most popular film and television content, it’s no wonder why Paramount Skydance, Comcast and Netflix are bidding for Warner Bros. Discovery’s assets.Paramount made an initial offer in September to acquire Warner Bros. Discovery, leading WBD, which months earlier had announced plans to split itself into two companies, to officially explore a sale process.WBD’s plans mirrored those of Comcast — separating out its cable networks from…

Key PointsFamily office dealmakers have yet to pick up the pace even as the end of the year draws near.But investment firms of billionaires, including those of Jeff Bezos and Bernard Arnault, are still banking on AI health-care startups.For family offices looking to tap into the AI boom and make an impact, investing in health-tech is an attractive strategy.A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. While deal-making on Wall Street typically picks up…

GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City.GMDETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months as executive vice president and chief product officer, Sterling Anderson appears to be putting all three ideas to work as he oversees the company’s vast product portfolio — from the vehicles themselves to the software powering them.Anderson, who left the self-driving car company Aurora Innovation that he…