Nvidia's Huang diverges with CEOs of Anthropic, OpenAI on AI safety at Dreamforce
Comments from the two tech leaders landed days after Anthropic's Dario Amodei published an essay urging the AI industry to slow the pace of model development.
Iran war has cost on average $246 million per day in its first five months, CBO finds
CBO estimates the Iran war cost the Pentagon $38.1 billion through Aug. 1 and could cost another $2 billion to $3 billion each additional month.
Nvidia CEO Huang attending Trump's state dinner for China's Xi: Source
Jensen Huang appeared to side with Trump as the president pushed back on tech CEOs' warnings about the risks of rapid AI advancement.
BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC survey
The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.
Trump says Kennedy Center will stay closed without renovation unless his name is added back
The ruling comes four months after the same judge ordered that the Kennedy Center could not be renamed to include President Trump's name.
U.S. oil tops $105 as Saudi Arabia reportedly cancels some crude cargoes after pipeline closure
Iran-backed Houthi militants in Yemen, meanwhile, carried out renewed strikes on Saudi Arabia this week.
Inside South Korea’s university programs offering a direct route to Samsung and SK Hynix
Companies are helping universities develop courses, provide financial support and create pathways through which qualifying students can join them.
Will AI really destroy humanity? Pioneers who created the tech weigh in
AI pioneers and "godfathers" have weighed in on Anthropic and OpenAI researcher concerns over existential safety risks around the technology.
U.S. confirms for first time it has weapons deployed in space
U.S. Air Force Secretary Troy Meink said Monday that the U.S. has "on-orbit space control weapons," as he outlined a broader push to modernize the Air Force.
House to vote on bill to rein in AI data center utility costs
The bipartisan legislation would create a regulatory framework states could adopt to prevent data center-related energy costs from being passed on to consumers.
Why de-dollarization discussions are more talk, less action
BRICS leaders have asserted the need to use local currencies in intra-BRICS trade to cut dependency on dollar.
Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry's push for a comprehensive market framework.
Saudi pipeline closure is a brief interruption that will last days, U.S. Energy secretary tells CNBC
The Saudis closed the East-West pipeline after it sustained damage in a drone attack launched from Iraq.
Americans' incomes rose and poverty fell in 2025, Census Bureau says
The data comes as the Federal Reserve is considering interest-rate increases that could slow economic growth.
OpenAI, Google, Anthropic discussing collaboration on AI safety issues
Discussions have been ongoing since Google's Demis Hassabis released a proposal in July calling for a U.S.-led "Standards Body," the spokesperson said.
Wells Fargo sees improvement in a key metric — plus, Lilly gets praise beyond GLP-1s
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Beaten-up bond market may be nearing 'escape velocity.' Here's what that means
Rising yields across the bond market have spooked investors, but the surge from zero interest rates since Covid suggests fixed-income risk-reward has improved.
AWS says it can't restore service to Bahrain, UAE facilities 6 months after Iran strikes
In March, two Amazon data centers in the UAE were struck by drones, while a site was also damaged by a nearby drone hit.
Trump Account contributions have a Dec. 31 deadline — and employers can complicate the math
Employers can offer Trump Account employee benefits via direct contributions or by allowing workers to make pre-tax contributions to a child's account.
Trump admin. says private sector can solve AI threats as critics balk
President Donald Trump's AI-friendly administration argues U.S. dominance over China in the fast-expanding industry is essential.
AI skeptics from Bernie Sanders to Steve Bannon urge action, as Congress, Trump idle
Lawmakers and AI regulation advocates met Tuesday in Washington at a Future of Life Institute event to urge regulatory action to rein in the expanding technology.
Musk urges top AI labs, Chinese companies to test each other's models amid calls for slowdown
Elon Musk called for the leading AI labs to peer review each others' models before they're released to the public as a way to evaluate their safety.
Ford increases V-8 engine availability, lowers performance prices for 2027 F-150 trucks
Ford said the changes are meant to provide customers with more choice and help expand sales of key models, a strategy CEO Jim Farley has touted.
No one and done: The Fed will hike at least two times over the next year, according to CNBC survey
While higher oil is cited as a main reason for the change in view, roughly three-quarters of respondents see the inflation problem as broader than just energy prices.