SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.
Jensen Huang joins Trump's China trip after the U.S. president called the Nvidia CEO
The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.
Jamie Dimon warns JP Morgan may rethink new London office if 'very smart' Starmer is ousted as UK PM
Starmer's leadership is under pressure, sparking concern in the bond market.
It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
Here's some of the places where prices are rising fast for consumers.
CNBC's UK Exchange newsletter: Starmer’s EU push faces a harsh political reality
U.K. Prime Minister Keir Starmer has alighted on resetting relations with Europe as a way of reviving his flagging popularity.
For Chinese exporters, Iran worries eclipse tariff woes as Trump, Xi prepare to meet
Heading into the summit, Beijing and Washington will likely reaffirm their shared intention to reopen the Strait of Hormuz and restore stability in the region.
Here's the inflation breakdown for April 2026 — in one chart
The Iran war has pushed up gasoline, groceries and other prices for consumers.
European markets open higher, UK gilts rally as PM Starmer defies calls to quit
European stocks bucked the negative sentiment seen in Tuesday's session by opening higher on Wednesday.
The stock market isn't ignoring Iran. It's rising for these three very real reasons
It's time to take a closer look with stocks rallying into the third month of the U.S.-Iran conflict.
Marty Makary resigns as FDA commissioner following industry and White House backlash
Makary's tenure was marked by internal dysfunction at the FDA, leadership turmoil and mounting backlash from drugmakers and physicians on regulatory decisions.
Trump wants gas tax relief. But slim driver savings could strain a key federal fund
President Donald Trump floated a federal gas tax suspension. If enacted, here's how that could impact consumers.
Social Security COLA for 2027 may be higher as inflation rises, new estimates find
As the pace of inflation increases, that may lead to a higher Social Security cost-of-living adjustment for 2027, according to new expert estimates.
Auto-state lawmakers seek to keep certain Chinese vehicles out of U.S. as Trump heads to Beijing
Michigan lawmakers introduced a bipartisan bill to ban Chinese-connected vehicles and technology from the U.S. market over security concerns.
Trump doesn't need Congress to restart Iran strikes: Hegseth
The Iran war, now well into its third month, has caused oil prices to soar globally as Iran continues to lock down the Strait of Hormuz.
Google races to put Gemini at the center of Android before Apple’s AI reboot
Google is using its latest Android rollout to position Gemini as the AI layer across phones, Chrome, laptops and cars.
Traders will soon be able to bet on computer chip prices as AI drives costs skyward
Contracts can be used to hedge against rising GPU rental rates and other operational costs
An under-the-radar AI stock just delivered the best quarter of the chip sector
Qnity is in a great position to keep grabbing market share, not only as chips get smaller but also as the industry shifts more toward stacking.
Waymo recalls 3,800 robotaxis after glitch allowed some vehicles to 'drive into standing water'
Waymo issued a voluntary recall of about 3,800 of its robotaxis to fix software issues that could allow them to drive into flooded roadways.
Companies start getting tariff refunds after Supreme Court decision
After the Supreme Court ruled some of President Trump's tariffs unconstitutional, the first wave of tariff refunds have begun flowing in.
New York City Mayor Zohran Mamdani's pied-à-terre property tax is moving ahead. But will it work?
New York is moving ahead with a pied-à-terre property tax in its budget. Existing taxes from around the world's major cities show the limits of the policy.
Senate confirms Kevin Warsh as Fed governor, clears way for chair vote
The upper chamber voted to approve Warsh's nomination by a 51-45 vote, on a mostly party-line basis.
Trump is taking more than a dozen U.S. executives to China. Jensen Huang isn't one of them
Nvidia CEO Jensen Huang isn't going on Trump’s China trip, though more than a dozen other U.S. executives are.
Student loan interest rates are set to rise for 2026-27: Expert analysis
Federal student loan interest rates will rise in the 2026-27 academic year, according to an exclusive analysis provided to CNBC.
Laid-off GM employees tell of ominous email, severance and role of AI
General Motors employees who were laid off Monday described their job terminations to CNBC.