In response to rising concerns over the safety and well-being of Hindus in Bangladesh amid ongoing atrocities, Indian Prime Minister Narendra Modi has announced a significant move to provide humanitarian aid and support for refugees. This comes at a time...
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Losses in China Lead to $5 Billion Charge for General Motors as It Cuts the Value of Its Assets
DETROIT (AP) — The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion
The Billion-Dollar Railways Driving Biden’s Last Overseas Trip
On his visit to Angola, the president will stress US support for infrastructure aimed at countering Chinese influence in the region.
Economy Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Bank of England Governor Andrew Bailey on Wednesday signaled that the U.K. could be on track for four interest rate cuts over the next year, if inflation continues on a
Mitsubishi Corp Loses $90 Million in Suspected Copper Fraud
Mitsubishi Corp. said it had suffered a loss of more than $90 million in China after uncovering suspected fraud by one of its copper traders. The loss is the latest in
OECD warns of protectionism risk to global growth outlook
PARIS, Dec 4 (Reuters) - The world economy is set for steady growth in the next two years if resurgent protectionism does not derail a recovery in global trade, the
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OpenAI Unveils o3 System Capable of Solving Math and Science Problems
OpenAI has officially unveiled its latest innovation, the o3 system, a cutting-edge model designed to tackle complex math and science problems with unprecedented accuracy. The new system, built on advanced reasoning and problem-solving techniques, represents a significant leap forward in...
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Real Madrid vs Atlético Madrid: A Thrilling Madrid Derby Set to Ignite La Liga
Real Madrid vs Atlético Madrid will be part of the most awaited confrontations of La Liga, and their confrontation on February 8, 2025, is expected to remain more so. With both teams fighting to be the best in the league,...
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December 12, 2024/
Hollywood star Ben Affleck has once again found himself at the center of media attention, this time for his relationship...
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Etihad Airways Awarded Global Design Airline of the Year 2024
In a world where aviation is not just about getting from one place to another but about creating an unforgettable experience, Etihad Airways has firmly cemented its position as a leader in luxury and innovation. The airline has been honored...
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December 28, 2024/
The Davis Cup Finals 2024 is set to captivate tennis fans worldwide with top nations battling for the prestigious title....
December 28, 2024/
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Latest Feeds
Amazon to announce largest layoffs in company history, source says
The layoffs will amount to the largest cuts to Amazon's corporate workforce in the company's history, according to a person familiar with the matter.
Published: 3 hours ago
Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 11%
The AI200, expected in 2026, and the AI250, planned for 2027, both can come in a system that fills up a full, liquid-cooled server rack, Qualcomm said.
Published: 5 hours ago
Stock futures are little changed after major U.S. indexes notch record highs: Live updates
Investors during Monday's session cheered cooling tensions between the U.S. and China.
Published: 2 hours ago
Chegg slashes 45% of workforce, blames 'new realities of AI'
The online education company said the combination of artificial intelligence and diminished traffic from search engines like Google has hurt the business.
Published: 27 minutes ago
One chip stock and two health names to own for the long run, according to investor Hulick
Hulick joined CNBC's "Power Lunch" on Monday to give his bullish take on a handful of stocks.
Published: 4 hours ago
NBA reviewing prop bets, injury reporting, AI to track wagers after gambling indictment
The NBA has been rocked by a federal criminal indictment that alleges a group of sport bettors exploited inside information about teams and players to wager.
Published: 5 hours ago
Asia markets dip as investors look to Trump-Takaichi meeting in Japan
Trump will be the first foreign leader to meet with Takaichi in person since she assumed the top job in Japan.
Published: 27 minutes ago
AI is driving huge productivity gains for large companies, while small companies get left behind
Artificial intelligence is widening the productivity gap between the large and small companies, furthering the 'K-shaped economy' phenomenon.
Published: 2 hours ago
OpenAI says U.S. needs more power to stay ahead of China in AI: 'Electrons are the new oil'
OpenAI urged the White House to substantially increase the U.S.' investment in new energy capacity
Published: 4 hours ago
Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says
Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses more on Full Self Driving and Optimus.
Published: 7 hours ago
Hurricane Melissa bears down on Jamaica and threatens to be the island’s strongest recorded storm
Hurricane Melissa would be the strongest hurricane to hit the island since record-keeping began in 1851.
Published: 48 minutes ago
What another Fed cut could mean for borrowers — some rates may barely budge
Many types of consumer loans are impacted when the Fed trims its overnight lending rate.
Published: 6 hours ago
This week's tech earnings will steer the market's direction over the next few months, Jim Cramer says
CNBC's Jim Cramer stressed the importance of upcoming earnings from Apple, Amazon, Alphabet, Meta and Microsoft.
Published: 2 hours ago
Exports, manufacturing drive South Korea's third-quarter GDP growth — fastest in over a year
According to advance estimates from Bank of Korea, GDP rose 1.7%, year on year, compared to the 1.5% expected by economists polled by Reuters.
Published: 59 minutes ago
iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled
The Roomba maker's financial condition has worsened since Amazon abandoned its planned acquisition of the company in 2024.
Published: 3 hours ago
Largest federal worker union urges end to government shutdown
Democrats oppose the Republican resolution to end the shutdown because they want any measure to extend enhanced Affordable Care Act tax credits.
Published: 6 hours ago
Democratic senators ask colleagues to condemn Binance founder’s pardon: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin and other cryptocurrencies rise after the U.S. and China agree on a trade deal framework. Senate democrats also rally colleagues to join a resolution condemning the president's pardon of Binance founder Changpeng Zhao. Lastly, CleanSpark CEO Matt Schultz discusses the company's move to pivot from pure-play bitcoin mining to also incorporate AI.
Published: 6 hours ago
Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year
The Federal Open Market Committee meets this week, with an interest rate decision due Wednesday.
Published: 12 hours ago
Stocks from Carvana to Reddit are expected to have the wildest moves on earnings this week
Several companies reporting earnings results this week could see their stocks post double-digit gains or losses.
Published: 5 hours ago
Trump says U.S., China close to trade deal ahead of Xi talks, TikTok decision
U.S. President Donald Trump launched a whirlwind weeklong trip to Asia aimed at strengthening his position ahead of an expected meeting with Xi Jinping.
Published: 1 hour ago
A brewing trifecta drives the stock market to record highs — plus, the treasure hunt at TJX
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Published: 6 hours ago
Home values are exploding in these 10 states — is yours one of them?
Your house could be worth a lot more (or less) than it was in 2024, according to new data from Zillow.
Published: 11 hours ago
U.S. Department of Energy forms $1 billion supercomputer and AI partnership with AMD: Reuters
The U.S. and AMD have formed a $1 billion partnership to construct two supercomputers that will tackle large scientific problems.
Published: 4 hours ago
How President Trump's China tariffs are taxing the price of cherished Halloween pumpkin pastime
The price of a pumpkin carving kit shows how tariffs on China are causing steep price hikes even among relatively cheap holiday items.
Published: 7 hours ago
Airbnb wants to prevent Halloween parties in the U.S. and Canada
Airbnb will take a number of factors into consideration to block reservations it deems higher risks of being used for Halloween parties.
Published: 8 hours ago
Berkshire Hathaway downgraded to sell by KBW, citing Buffett succession, 'many' other issues
KBW said the company's core businesses — from auto insurer Geico to railroad Burlington Northern Santa Fe — are likely to face simultaneous pressures ahead.
Published: 11 hours ago
AI startup Mercor now valued at $10 billion with new $350 million funding round
The company was able to take advantage of the pivot to data-labeling after Meta paid $14.3 billion for a 49% stake in Scale AI in June
Published: 5 hours ago
Sidelined Russia flexes muscle with missile launch — and Trump is not impressed
Russia boasted about the testing of an "invincible" nuclear-powered missile. Trump said Moscow should focus on ending the war instead.
Published: 13 hours ago
Rare earth stocks extend losses as U.S. expects China to delay export controls
Shares of U.S.-listed rare earth miners fell sharply on Monday as U.S. officials expect China to delay introducing export controls on critical minerals
Published: 11 hours ago
Lululemon is partnering with the NFL to release apparel for all 32 teams
Lululemon is launching a new collection around the NFL, marking the first time it will have products featuring all 32 teams.
Published: 11 hours ago