Here are five key takeaways from Wednesday's Fed rate hike
The Fed on Wednesday delivered a much-expected interest rate hike.
Trump photo seems to reference Kennedy Center demolition, judge denies emergency hearing bid
President Donald Trump wants his name on the Kennedy Center. But a judge has ruled it cannot be placed there without authorization by Congress.
Jensen Huang says Nvidia will sell twice as many chips next year
Huang's comment is the latest forecast from Nvidia and points to continuing massive growth for the next six quarters.
AI needs to have 'reasonable guidelines,' Palantir's Karp tells CNBC
Palantir CEO Alex Karp called for "reasonable guidelines" on artificial intelligence regulation as tech and policy leaders deliberate over the technology.
Amid calls for urgent AI action from Congress, House heads home to campaign
The urgency with which Anthropic, OpenAI and xAI have sought to be regulated has not translated into action on Capitol Hill.
GM touts new V-8 engines in revived ‘truck wars’ with Ford, Ram amid lackluster EV sales
The large, gas-guzzling models continue to sell well in pickup trucks thanks to their ability to tow and haul heavy things.
Stephen Curry says his Li-Ning signature shoe will debut early next year
Golden State Warrior superstar Stephen Curry announced in June he was signing a long-term partnership with Chinese brand Li-Ning.
OpenAI reports 6 new instances of 'concerning model behavior' since March
OpenAI has disclosed six new cases of model misbehavior and offered a framework for disclosing future instances, as the debate over AI model safety intensifies.
A Chinese AI company just connected its model to Wall Street's leading data providers
The startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms
How record diesel prices will rip through the U.S. economy. Trucks, rails are only the start
Record diesel prices are already walloping the transportation sector, and if energy prices stay high, the economic impact will spread.
Carney says Canada will decide its own partnerships after Trump calls EU proposal ‘laughable’
U.S. President Donald Trump had described the prospect of Canada becoming the first associate member of the EU as "laughable."
SEC clears path for tokenized stocks, bringing the market closer to 24/7 trading
The long awaited Innovation Exemption comes two days after the Senate voted to block the Clarity Act crypto market structure bill from advancing.
'Hostile act': Trump threatens EU with tariffs over Canada associate membership proposal
European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate member of the 27-member bloc.
Trump says U.S. ‘hopefully’ nearing end of Iran war as Saudi Arabia, Houthis trade strikes
Trump says the U.S. may be nearing the end of its nearly seven-month war with Iran, as he signals Tehran is open to a deal.
We're buying more shares of a retailer that's been punished enough for a rare misstep
Shares have been in the dumps since earnings in August.
Billionaire Kraft says Ed Sheeran sought $2 million aid donation from him amid fracas over Macklemore's Palestine comments
Robert Kraft said Ed Sheeran asked him to commit $2 million toward humanitarian aid amid the controversy over Macklemore’s removal from Sheeran’s U.S. tour
Oil prices fall as Saudi Arabia reportedly offers more crude via Hormuz after pipeline attack
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
Trump gains a tariff weapon against China and India. Will he use it?
U.S. House has paved the way for a legislation that will allow Trump to impose up to 100% tariffs on countries buying Russian oil, giving him leverage against India and China.
Labor crisis in U.S. chip manufacturing leaves Samsung, TSMC desperate for talent
U.S. semiconductor manufacturing faces a historic worker shortage as demand soars. Here’s how chipmakers and U.S. universities aim to fix it.
Bank of England defies Fed’s rate-hike lead, leaving rates unchanged
The Bank of England kept rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs put pressure on prices.
Netflix content chief Bela Bajaria defines event strategy as streamer eyes more live sports
Bajaria said Netflix would be open to a package of international NFL games if one becomes available when the league renegotiates its media rights agreements.
Charities say gifts by deceased donors are getting held up at financial firms
Nonprofits are pushing back against policies by financial institutions to collect personal information of charity employees before releasing a gift.
Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%
Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.
Mark Walter and Todd Boehly selling stakes in Chelsea Football Club to Clearlake Capital
Two of Walter's insurance companies faces federal criminal and civil investigations into the accounting of roughly $21 billion in financial transactions.