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.
Trump says no need for more AI regulation, slams Anthropic CEO Dario Amodei
The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.
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.
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.
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.
The stock market could do something strange this week after the Fed decision
Odds of more interest rate hikes coming this year have grown.
Trump agrees to ethics requirements in crypto Clarity Act as GOP seeks Democratic votes
Community banks fear customers will withdraw deposits to buy stablecoin crypto assets that could pay higher yields.
Ukraine says it's open to halting attacks on Russian energy after Trump's claims of deal
"The World's Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran," Trump said in a social media post.
Oil prices rise after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.
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.
What Amodei's AI slowdown could mean for Anthropic's imminent IPO
As Anthropic meets with prospective investors ahead of its potentially historic market debut, CEO Dario Amodei is pushing for a slowdown in AI.
Satellite images show extent of damage to Saudi Arabia’s oil pipeline that bypasses Strait of Hormuz
Saudi Arabia temporarily shut the roughly 750-mile pipeline as attacks threaten a key alternative to the Strait of Hormuz.
The Fed is likely to raise interest rates as inflation persists. What that means for consumers
The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.
Car ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds
The cost of insurance, gas, and maintenance or repairs can add thousands of dollars a year to the price of owning a car.
OpenAI boss Sam Altman spells out how and why the AI industry wants to slow down: 'We could lose control'
OpenAI's chief has made comments detailing how AI safety frameworks and a slowdown could work, as the industry unites behind concerns.
Novo CEO tells CNBC why drugmaker is rebranding, needs to 'rethink' obesity strategy
The Danish drugmaker called the changes the beginning of a new chapter for the company, which faces stiff competition from Eli Lilly.
AI infrastructure stocks slump and cyber shares pops on calls for AI slowdown
Anthropic CEO Dario Amodei said the industry "must slow the pace at which we improve the capabilities of AI models," amid growing concerns over risks from AI.
Is a 'SaaSpocalypse'-like sell-off coming for AI hardware stocks? Not so fast
Anthropic's safety warning is crushing data center stocks, but demand for compute still outstrips supply.
Iran says it destroyed U.S. advanced drone over Hormuz as Middle East conflict intensifies
Iran said it downed an advanced American drone over the Strait of Hormuz, as Tehran and Washington trade warnings and strikes with no sign of de-escalation.
Prediction market traders think gas prices will hit new highs for the year
Oil prices have marched higher in recent weeks, above $100 per barrel, as tensions between the U.S. and Iran have escalated again.
Why the election could make Washington's looming next fiscal crisis harder
Some in the GOP are already disavowing raising the debt ceiling absent deep spending cuts as the national debt balloons past $40 trillion.
Trump urges Ukraine to stop ‘knocking out’ Russian oil refineries as U.S. diesel hits record
U.S. diesel prices have surpassed $6 a gallon for the first time ever as the Ukraine and Iran wars drive broader energy supply concerns.
LA Clippers owner Steve Ballmer apologizes over team sanctions
Ballmer said that the team is complying with the penalties, has paid the fines, and is "moving forward."