Trump goes scorched earth on AI warnings, raging about data center opposition and regulation
The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.
Weapon shortfalls, 'hundreds' of buildings and aircraft damaged, $33.4 billion spent: the U.S. government tallies costs of the Iran war
The department revealed that the Iran war had cost an estimated $33.4 billion as of June 29.
Oil and Treasury yields haven’t moved this closely in seven years. That’s bad news for markets
Oil and 10-year Treasury yields are moving in near lockstep, with their correlation at its strongest since 2019.
Counting the votes: Warsh faces a tough battle as the Fed girds for expected interest rate hike
Traders were pricing in a better than 92% probability of a rate increase, as well as a more than 75% chance for another one in December.
Oil extends gains following Houthi strikes on Saudi Arabia
Oil extended gains amid reports of fresh Houthi strikes on Saudi Arabia and attacks by Iran on ships in the Gulf.
China's August retail sales miss forecast while investment slump deepens, piling pressure on Beijing
China's investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance.
Supreme Court rejects Trump bid to lift block on U.S. Postal Service mail-in ballots rule
Justice Brett Kavanaugh said that applying the U.S. Postal Service rule in the 2026 midterm elections "would be arbitrary and capricious."
Trump administration repeals Biden era greenhouse gas requirements for power plants
President Donald Trump has systemically dismantled regulations implemented by the Obama and Biden administrations that sought to fight climate change.
Samsung backs Nvidia AI chip rival in $230 million funding round as GPU alternatives boom
Dutch startup Euclyd raised the funding in a round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries.
As the oil surge continues, trader Mike Khouw sees more upside in this surging name
Michael Khouw breaks down how he's trading this energy name.
Broadcom CEO addresses Anthropic's slowdown push, says AI revenue targets haven't changed
Broadcom CEO Hock Tan said demand for AI infrastructure remains strong despite growing concerns about increasingly powerful models.
Trump phones Nvidia’s Huang at All-In Summit, calls data center opposition a ‘hoax’
President Trump has been using his social media site to sound off on Anthropic CEO Dario Amodei's suggestion that the AI industry slow its pace of development.
Mitch McConnell returns to Senate after three-month health absence
The 84-year-old Kentucky Republican is back in Washington after a fall, hospitalization, pneumonia and weeks of rehabilitation kept him away from the Senate.
10-year Treasury yield hits 5% before reversing as traders await Fed meeting
The 10-year U.S. Treasury note yield moved lower after reaching a multiyear high on Monday ahead of this week's Federal Reserve interest rate decision.
The stock market could do something strange this week after the Fed decision
Odds of more interest rate hikes coming this year have grown.
Apple releases test of redesigned Siri AI before iPhone 18 hits stores this week
Following Apple's iPhone launch event last week, the company is releasing a redesigned Siri AI, though users may have to sign up for a waitlist.
CNBC's The China Connection newsletter: Tech controls expand to employees
As the U.S.-China tech rivalry simmers, Beijing is increasing restrictions on how its companies can deploy their tech talent overseas.
Not all tech is under fire in Monday's selling, while investors seek refuge in defensive stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Trump-linked super PAC reports roughly $21 million in spending across key midterm races
President Donald Trump's political wartiest has spent much of the 2026 midterm election campaign cycle on the sidelines despite pleas from Republicans.
Warren to rip Clarity Act on Senate floor ahead of key preliminary vote
Sen. Elizabeth Warren will call the latest Clarity Act ethics proposal blessed by Trump a "weak fig leaf."
Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
Microsoft sets limits for future AI models as industry throttles frontier development
Microsoft wants to be seen as a responsible AI entity as it ramps up model development alongside partners Anthropic and OpenAI.
China says AI CEOs' call for a slowdown is 'fear mongering'
Chinese state media's reports of the daily press conference also noted that all groups should work together for AI openness and inclusivity.
Which matters more to stocks: the bond market or AI risks? The volatility gauge might offer an answer
Volatility measured by the Cboe VIX Index jumped to 18 Monday.