Vaunce News

πŸ”’
❌ About FreshRSS
There are new available articles, click to refresh the page.
Before yesterdayTop News & Analysis

Alphabet closes at all-time high as Google rebounds from disastrous start to AI race

This week's show-and-tell at Google's annual I/O developers conference went a long way toward restoring investor confidence in the company's AI capabilities.

It will be even more expensive to borrow money for college this yearβ€”3 tips to cut down costs

Students taking out federal loans to pay for undergraduate college degrees will see a fixed interest rate of 6.53%. Use these tips to minimize your costs.

Netflix ad-supported tier has 40 million monthly users, nearly double previous count

Netflix's cheaper, ad-supported tier now has 40 million global monthly active users, nearly double the 23 million the company reported in January.

Dell surges 11% on optimism it has secured big AI server orders

"All-in, we are hearing about more AI server momentum at Dell than at any other OEM," wrote Morgan Stanley's Erik Woodring.

Danaher's rally shows how sticking with a troubled stock of a good company can pay off

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

High inflation harms older households β€” and two factors determine who is most at risk, research finds

Retirees and near retirees face unique dilemmas when it comes to trying to make their money last amid rising prices.

McDonald's $5 value meal is coming in June β€” and staying for just a month

The offering will include four items β€” a McChicken or McDouble, four piece chicken nuggets, fries and a drink.

Biden's EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.

Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay but not stop Chinese EVs from coming to the U.S.

Bitcoin is having its best day since March following cooler April inflation reading

Bitcoin jumped with stocks on Wednesday after the April consumer price index showed inflation eased from the previous month.

Biden administration extends key deadline for student loan forgiveness

Student loan borrowers hoping for a one-time payment count adjustment now have until June 30, after the U.S. Department of Education extended the deadline.

Justice Department charges MIT brothers with $25 million crypto theft that took 12 seconds

The brothers plotted the "first-of-its-kind" cryptocurrency fraud involving Ethereum blockchain over several months, the DOJ said.

39-year-old self-made millionaire: 7 frugal habits I will never give up, no matter how much money I have

Self-made millionaire and entrepreneur Bernadette Joy shares the seven "seemingly silly" but enduring frugal habits that she says helped her build wealth.

The S&P 500 hits a new record. Here's how we think investors should respond

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Tesla's Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's Model Y.

We're trimming a hot bank stock in a very overbought market β€” locking in hard fought profits

We're raising cash Wednesday into the stock market's post-consumer price index gains to stay disciplined.

Financial advisors don't need to fear artificial intelligence, Betterment’s Thomas Moore says

Betterment's Thomas Moore recently shared his thoughts on what advisors should know about automation now ahead of the CNBC FA Summit on May 22.

The top 10 most affordable colleges on the 'New Ivies' list from Forbesβ€”2 are private schools

These colleges offer students a top-notch education and they come at a steep discount compared to universities like Harvard and Penn, Forbes reports.

Here's the inflation breakdown for April 2024 β€” in one chart

The consumer price index rose 3.4% in April from a year earlier, marking a decrease from March, according to the Bureau of Labor Statistics.

β€˜We have to do what we have to do’: Israel’s Netanyahu stands firm on Rafah offensive despite U.S. tensions

Israeli Prime Minister Benjamin Netanyahu acknowledged tensions with historical ally the U.S. over the military operation in Rafah in the Gaza Strip.

Instagram co-founder Mike Krieger joins Amazon-backed Anthropic

Instagram co-founder Mike Krieger is joining Anthropic as the chief product officer. Anthropic is one of the hottest artificial intelligence startups.

Uber announces shuttle rides, features for caregivers and Costco perks

Uber on Wednesday announced several new product updates like Uber Shuttle, Costco perks and a feature that lets caregivers book rides for loved ones.

A half-million school buses across US could become EV battery powerhouse feeding energy back onto the grid

Zum and Oakland schools will send power from EV school bus batteries back to the grid, marking a major effort to scale the energy supply stored in vehicles.

Netflix to stream Christmas Day NFL games for three years

Netflix is taking its most significant step yet into live sports with a deal to stream NFL games on Christmas Day.

529 college savings plans 'are better now than they've ever been,' expert says. Here are key changes for 2024

As of 2024, there are more benefits to college savings plans, including the flexibility to roll unused money into aΒ Roth IRAΒ free of tax penalties.

These are the 10 best-led companies in the country, according to Glassdoorβ€”they have more than just 'a great CEO'

The businesses on Glassdoor's inaugural 50 Best-Led Companies ranking share a specific trait, says economist Daniel Zhao: transparent leadership.

Slovak PM Fico in β€˜life-threatening’ condition after being shot; EU leaders decry 'brutal attack'

Slovakia's populist Prime Minister Robert Fico on Wednesday was shot multiple times in an assassination attempt that has sent shockwaves across the continent.

Biden and Trump agree to debates on June 27 and Sept. 10

President Joe Biden previously said he was open to debating his Republican challenger, former President Donald Trump.

Palo Alto nears a key test that could break it out of Wall Street's penalty box

In separate research notes, Barclays and Morgan Stanley shared three reasons that a rebound is underway for Palo Alto.

Sen. Menendez's wife kept him 'sidelined' about money woes, defense lawyer tells jurors in corruption trial

Sen. Robert Menendez, a New Jersey Democrat, and his wife are charged with accepting bribes of cash, gold bars and other items in exchange for official acts.

CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago

The consumer price index was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.

Amazon's appearance at Upfronts highlights push beyond digital ads and into traditional media

Amazon made its debut Upfronts pitch to advertisers, putting it on stage with major media networks.

Singapore’s Lawrence Wong sworn in as new prime minister β€” the first leadership change in 20 years

Lawrence Wong takes takes over as prime minister from his predecessor Lee Hsien Loong, who has led the nation state for the last 20 years.

Sony-backed computing startup heads for rare IPO in sidelined London stock market

Raspberry Pi, which makes tiny single-board computers, said in a filing that it is considering an initial public offering on the London Stock Exchange.

Walgreens to offer its own cheaper version of opioid overdose reversal drug naloxone

Walgreens said it will sell a two-dose pack of its naloxone for $34.99, around $10 cheaper than the over-the-counter Narcan nasal spray.

GameStop, AMC tumble as meme stock rally fizzles after just two days

GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.

Mortgage demand from homebuyers drops even as interest rates pull back to April lows

Total mortgage application volume increased just 0.5% from one week earlier, according to the Mortgage Bankers Association's seasonally adjusted index.

CEO: I asked ChatGPT to read my journal from my late 20s and flag my top 10 weaknesses: It was 'alarmingly accurate'

Letting ChatGPT analyze the words of his younger self "helped me see what I've learned and understand why I'm happier now than I was then," says Ravin Gandhi.

Jamie Dimon urges the U.S. to deal with its deficit sooner rather than later

JPMorgan Chase CEO Jamie Dimon on Wednesday urged the U.S. government to reduce its fiscal deficit sooner rather than later.

Here's everything to expect from Wednesday's key report on inflation

The Labor Department's Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.

Baidu’s robotaxi unit expects to turn profitable next year

The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue.Β 

Copper futures hit record high as data center build-up, EV growth fuels demand

Copper futures on the NYMEX hit a record $XXX per pound, according to data from FactSet. The metal has gained more than 25% so far this year.

Putin wants 3 things from Xi as he seeks to deepen Russia-China ties, analyst says

Russian PresidentΒ Vladimir Putin's meeting with Chinese leader Xi Jinping in China this week is the latest sign of the deepening strategic ties between both sides. Β Β 

Trump's Boeing 757 clipped parked plane after landing at Florida airport Sunday, FAA says

Former President Donald Trump frequently flies on the Boeing 757 aircraft involved in the collision at West Palm Beach International Airport in Florida.

China’s international students under pressure as economic uncertainty looms

A growing number of overseas Chinese students are running into financial difficulties due to the declining wealth of their families back home.

China's economy reveals pockets of softness. Here's what to watch ahead of Friday's data

As China's economy moves into the second quarter of the year, a few indicators are raising expectations for monetary policy easing.

Google I/O wrap-up: Gemini AI updates, new search features and more

Google talked about updates to Gemini, its AI models, its Tensor TPU and more during Google I/O 2024. Here's a recap.

AMC's meme stock windfall may help it pay down a massive debt load

The last time these retail investors rallied around AMC, it avoided bankruptcy. Now, it has a chance to put a dent in its substantial debt load.

OpenAI co-founder Ilya Sutskever says he will leave the startup

OpenAI co-founder Ilya Sutskever said Tuesday that he's leaving the Microsoft-backed startup.

House Democrat presses oil CEOs for details of Trump's fundraising dinner at Mar-a-Lago

In letters to nine oil CEOs, the House Oversight Committee's top Democrat asked for details of any pledges Trump made as he asked them for campaign donations.

Cramer warns against 'meme stock mania,' says to sell GameStop and AMC

AMC and GameStop soared after "Roaring Kitty," the man who helped bring on 2021's enormous short squeeze, posted online for the first time in about three years.

Why bitcoin hasn't joined the latest meme stock craze this week

Bitcoin isn't running alongside meme stocks as it did three years ago.

Justice Department says Boeing breached 2021 agreement that shielded it from criminal charges over 737 Max crashes

The Justice Department said Boeing violated a 2021 deferred prosecution agreement that protected it from criminal charges over the two fatal 737 Max crashes.

Reddit shares close near record after two-day rally driven by meme stocks

Reddit shares popped Tuesday after retail traders kicked off a meme stock buying frenzy.

Tesla is sued over air pollution from factory operations in Fremont, California

A California nonprofit has sued Tesla over what it calls the company's "ongoing failure to comply with the Clean Air Act" at its Fremont assembly plant.

TikTok creators sue U.S. government, say divestiture law violates First Amendment

Eight TikTok creators are suing the U.S. government to block the divest-or-ban law, arguing that it violates the First Amendment.

Disney+ will stream Caitlin Clark's WNBA debut in the platform's first live sports event

The WNBA regular season opens tonight with NCAA star Caitlin Clark making her debut. The game will be the first-ever live sports event streamed on Disney+.

Another subdued day for stocks. Here's our latest thinking on 4 portfolio names including a 'coiled spring'

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Healthy Returns: 1 in 8 adults have taken Ozempic or other GLP-1s, survey says

Many Americans are using GLP-1s despite shortages, a survey says. Meanwhile, Google DeepMind's new AI model can predict the structure of molecules.

GameStop, AMC attracting a fraction of retail trader interest seen during 2021's meme mania

Mom-and-pop traders snapped up shares after the man credited with starting the meme stock mania resurfaced online, though at a lesser extent than seen in 2021.

Walmart is laying off, relocating hundreds of corporate workers across the country. Read the memo

The move follows the closures of the company's health clinics and comes ahead of its earnings report on Thursday.

Google rolls out its most powerful AI models as competition from OpenAI heats up

Google on Tuesday announced new additions to its AI model following a flashy rollout a day earlier from OpenAI.

Education Dept. announces highest federal student loan interest rate in more than a decade

The U.S. Department of Education announced Tuesday the interest rates on federal student loans for the 2024-2025 academic year.

GameStop, AMC rallies like 'watching a sitcom on repeat,' expert says. Here are the risks to monitor

It can be tempting to follow the clamor for "meme stocks." But experts warn that the prospects for big gains can also mean a risk of large losses.

We're adding to this battleground position based on some new data out of China

Estee Lauder's low stock price may not reflect any improvement in the environment.

Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows

While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.

It's no surprise to see Amazon shares lower after cloud CEO shakeup

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Young workers are flocking to these fast-growing job marketsβ€”they're not on the coasts

Recent college grads are flocking to Sun Belt states for high-paying jobs, ample opportunity and low costs of living.

Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady

Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.

People on Novo Nordisk's Wegovy maintain weight loss for up to four years, study says

The results shed light on the long-term effects of Wegovy, and could boost Novo Nordisk's case to insurers and governments to cover the costly drug.

Fat Brands confidentially files to IPO its Twin Peaks and Smokey Bones restaurant chains

Fat Brands and its chair Andy Wiederhorn were criminally indicted for an alleged $47 million bogus loan scheme.

Amazon Web Services CEO Adam Selipsky to step down

The departure of Adam Selipsky, CEO of Amazon's cloud computing business, is the latest high-profile executive exit from the company led by Andy Jassy.

Comcast offers subscribers Peacock, Netflix and Apple TV+ bundle

The announcement comes as major media players, like Disney and Warner Bros. Discovery, increasingly join forces to boost subscriptions for streaming services.

Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam

Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers' Association in Amsterdam.

Jim Cramer's top 10 things to watch in the stock market Tuesday

U.S. stock futures are lower after wholesale prices in April rose more than Wall Street expected.

Georgia passes 'Russia-style' law on foreign influence despite U.S. warnings and mass protests

Georgian lawmakers on Tuesday passed a highly controversial "Kremlin-style" law on foreign influence, despite massive protests in the country.

Wholesale prices rose 0.5% in April, more than expected

The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.

Trump lawyer calls out Michael Cohen TikTok insults in hush money trial cross-examination

Michael Cohen told jurors key details about the alleged awareness and involvement of Donald Trump in hush money payments to a porn star and a Playboy model.

What to expect for Tesla's Supercharger network now that the team is dismantled

Tesla's Superchargers dominate EV charging in North America. But CEO Elon Musk just laid off the entire Supercharging team and now its future is uncertain.

AMC completes $250 million stock sale during meme rally, shares jump 30%

AMC shares soared following news of the sale and was paused for volatility at one point.

Stellantis to rapidly grow exports of Chinese EVs to Europe, other countries

The announcement comes amid increasing geopolitical tensions surrounding China-made electric vehicles in the U.S., Europe and other regions.

Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit

Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.

How the Fed’s quest for transparency made markets more volatile

Markets often respond to Fed comments with big price swings, and recent research shows they are particularly reactive to Fed Chair Jerome Powell.

Why OpenAI is the first company to be No. 1 on the CNBC Disruptor 50 list two years in a row

OpenAI repeats as the No. 1 company on the 2024 CNBC Disruptor 50 list as AI redefines the way VCs, startups and market giants invest, interact and compete.

These are the 2024 CNBC Disruptor 50 companies: See the full list of startups riding the AI wave

CNBC reveals the 2024 Disruptor 50 list, AI-driven startups moving beyond the 'better, faster, cheaper' mantra that defined Silicon Valley's past.

β€˜Frankly stupid’: Fund manager weighs in on reignited meme stock frenzy as GameStop soars

Cole Smead, CEO of Smead Capital Management, told CNBC that it was "frankly stupid" that day traders were piling once again into GameStop and other meme stocks.

GameStop jumps for a second day, but ends session well off highs as meme enthusiasm starts to fade

The meme stock rally kicked off by "Roaring Kitty" continued for a second day as shares from GameStop, AMC, Blackberry and Koss soared.

Home Depot misses on revenue, as high interest rates hurt sales

Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.

Diamond giant De Beers faces spin-off amid wider restructuring as Anglo American takeover pressure mounts

Anglo American shares fell over 3% early Tuesday after it announced plans to spin off its highly prized De Beers diamond business.

Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming

Tencent saw slightly better performance in its core gaming business as well as improved profitability in its advertising and business services division.

Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels, batteries and more

Biden Cabinet members like Janet Yellen, Gina Raimondo and Antony Blinken have all raised concerns about Chinese trade practices.

U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base

The White House has issued an order forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming-based nuclear missile base.Β 

Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target

Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.

Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly

Uber Technologies is buying the Taiwan business of Delivery Hero-owned Foodpanda for $950 million in cash, as Foodpanda doubles down on other markets.

China drives EV boom this year amid strong demand for hybrid vehicles

EV shipments, including fully battery-powered vehicles and hybrids, were up 18% in the first three months of 2024 compared with the same periodΒ last year.Β 

Forget U.S. stocks β€” UBS says Europe's are a better bet. Here's why

In a bold "U-turn," UBS says European stocks are now more attractive than their U.S. counterparts.

Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief

Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.

AI boom to keep supply of high-end memory chips tight this year, analysts warn

SK Hynix and Micron – the world's largest memory chip suppliers – are out of high-bandwidth memory chips for 2024, while the stock for 2025 is also almost sold out.

China and India still rely heavily on coal, climate targets remain 'very difficult' to achieve

China and India have not reduced coal generation for electricity, making it harder for Asia's largest carbon emitters to reach their climate targets.Β Β 

'Wealth can be pretty isolating': Problems that rich people face, according to therapists

Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass.Β 

Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart

CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.

Cramer says new AI technology can't help bring down inflation just yet

CNBC's Jim Cramer on Monday said he is hopeful new AI technology will cut costs, but it will not help lower interest rates any time soon.

Amazon-backed Anthropic launches its Claude AI chatbot across Europe

Anthropic says that, starting Tuesday, individuals and businesses in Europe will be able to access its Claude chatbot through the web and via an iOS mobile app.

GameStop stock surges over 70%β€”but investors should still be wary of 'meme stocks'

Roaring Kitty returns to social media, GameStop's stock surges and short sellers lost over $1 billion. However, investors should be wary of chasing meme stocks.

Apple's new iPad Pro is thin and fast, but the software needs an update

CNBC reviews the new 13-inch iPad Pro 2024. It's super thin and has a fast M4 processor, but the software needs an update.

Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in

Experts are taking a new look at a retirement-planning rule of thumb for how much retirees can safely withdraw from their portfolios.

Sen. Menendez bribery trial starts with judge scolding lawyers on 'gamesmanship'

Sen. Robert Menendez, D-N.J., is accused of accepting bribes in the form of cash, gold bars and other gifts in exchange for official acts.

Your home sale could trigger capital gains taxes. Here's how to calculate your bill

Home prices are rising, and selling your primary home could trigger capital gains taxes. Here is how to calculate your tax bill.

OpenAI gives a shoutout to Nvidia β€” plus, a new industrial stock joins our watchlist

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

10 states with the biggest Biden infrastructure funding include key battlegrounds

President Joe Biden's landmark funding bills include the Bipartisan Infrastructure Law, CHIPS and Science Act and the Inflation Reduction Act.

Airlines ask court to block Biden administration's new fee disclosure rule

Trade group Airlines for America said new rule requiring earlier disclosure of add-on fees during flight booking will "confuse consumers."

Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker

Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.

OpenAI launches new AI model GPT-4o and desktop version of ChatGPT

OpenAI on Monday introduced a new AI model and a desktop version of ChatGPT, its popular chatbot.

Top Republican donors fund group doxxing pro-Palestinian college students

Accuracy in Media's 2022 tax return lists donations from billionaire Jeff Yass and the family foundations of Richard Uhilien, Adam Milstein and Peter Coors.

Google and Apple partner to fight location tracker stalking

The move is the latest sign that the two companies are working to address the downside of wireless trackers like Apple's AirTag.

Cocoa prices tumble 19%, giving up a chunk of their record-setting gains

Earlier in the year, cocoa futures hit a record of $11,722 per metric ton.

Jim Cramer sees more room for Honeywell to climb as the stock shakes off rough start to 2024

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Melinda French Gates to resign from Gates Foundation, will pursue own philanthropy with $12.5 billion grant

Bill Gates, the founder of Microsoft, and Melinda French Gates divorced in 2021 but since then have continued to operate the Gates Foundation together.

Parent of CycleBar, Pure Barre fitness studios sees shares whipsaw after CEO ousted, federal probe disclosed

The parent company of CycleBar and Pure Barre studios said CEO Anthony Geisler would be suspended indefinitely and also disclosed a federal investigation.

Inflation outlook rises, fueled by expected increases for housing costs, New York Fed survey shows

On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November 2023.

GameStop short sellers lost almost $1 billion in Monday's monster rally

Short-selling hedge funds suffered a mark-to-market loss of $838 million in the brick-and-mortar video game retailer.

Amazon's Zoox under investigation by NHTSA after two crashes

Two Toyota Highlanders equipped with Zoox's automated self-driving technology braked unexpectedly, causing motorcyclists to rear-end the vehicles.

'The house is burning down': Money expert's advice for a couple with over $620,000 in debt

Kevin and Michelle have a young child and another on the way. But credit card debt and two big auto loans are preventing them from saving for the future.

Media companies look to woo advertisers as spending shifts to digital

Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.

Microsoft and Amazon to invest $5.6 billion into France as Macron courts tech giants

Microsoft and Amazon are ploughing billions of dollars into France.

Jim Cramer's top 10 things to watch in the stock market Monday

Stocks are set to open Monday's session higher. Inflation data and the start of retail earnings are key themes this week.

This type of employee is more prone to burnout, says Ivy League stress expertβ€”here's why

While identifying closely with your career isn’t necessarily bad, it makes you vulnerable to burnout if you lose sight of your own self-care.

Here’s how much housing prices have skyrocketed over the last 50 years

Homebuyers are spending more than double what they used to pay in previous decades, even after adjusting for inflation.

How new grads can land a job after college, even as employers cut back on class of 2024 hires

Those armed with a newly minted diploma are enteringΒ a job market that looks a little less promising than it did a year ago.

Squarespace to go private in $7 billion private-equity deal

Permira agreed to take Squarespace private less than three years after it first went public in 2021.

Trump said 'This is a disaster' after hearing Stormy Daniels could go public, Michael Cohen testifies

Michael Cohen could be the pivotal witness against Donald Trump, who is the first former president to go on trial in a criminal case.

Google's Demis Hassabis is the man tasked with turning bleeding-edge AI research into profits

Google has long counted on Demis Hassabis for his genius in artificial intelligence. But whether he can create products that customers love is a big question.

U.S. sounds alarm as thousands in Georgia's capital protest 'Kremlin-style' foreign influence bill

White House national security advisor Jake Sullivan said over the weekend that the U.S. was "deeply alarmed" about democratic backsliding in Georgia.

GameStop, AMC soar more than 70% each as β€˜Roaring Kitty’ meme trader resurfaces

GameStop shares soared Monday after "Roaring Kitty" posted online for the first time in roughly three years.

NRF rejects Shein membership as retailer pursues U.S. IPO

If Shein gets a stamp of approval from the NRF, it could help legitimize the retailer in the eyes of lawmakers and clear its path to a U.S. IPO.

No 'credible plan': U.S.' Blinken issues harshest criticism yet of Israel's Gaza operations

The Biden administration opposes an Israeli invasion of Rafah, where more than 1.2 million displaced Palestinians are currently sheltering.

Britain faces its 'most dangerous' years in history, PM Rishi Sunak warns in preelection bid

The British Prime declared Monday that Britain is at a "crossroads" as he seeks to reignite waning support for his ruling Conservative Party.

SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion

SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.

Musk's X wins court reprieve in fight against Australian government over church stabbing videos

Bishop Mar Mari Emmanuel was stabbed during a livestreamed sermon that was widely circulated online, racking up hundreds of thousands of views. Β 

Displaying art in your home? Here are some do's and don'ts

Where and how to hang pictures and other artworks can feel like a challenge. CNBC spoke to experts for their display tips.

SoftBank's Arm to reportedly launch AI chips by 2025 to capture explosive demand

The U.K.-based chip designer, in which SoftBank has a 90% stake, will set up anΒ AI chip unit to build a prototype byΒ springΒ 2025, according to the report.

AI may not replace you, but someone who uses it can β€” here's the No. 1 skill you need to stay relevant

In this era of artificial intelligence, it has become increasingly important to learn how to use AI. Here's the one skill you must have to stay relevant.

β€˜I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes

A group of around 1,500 homebuyers have yet to see the apartments they paid for about eight years ago, as challenges persist in China's property sector.

The restaurant stocks that are killing it in this market have one thing in common

It should be obvious to every CEO that the winners in the restaurant space are doing this.

From Mike Tyson-Jake Paul fight to NFL games, Netflix interest in live sports is rising

Netflix's newest foray into live sports streaming will help the platform gauge viewers' and advertisers' interest in the realm.

In the EV future, Thailand, the 'Detroit of Asia,' could be a key China hedge for automakers

There's reason to believe a manufacturing shift to Thailand could be coming for the EV automaker economy. The U.S.-China politics don't hurt.

The most in-demand work-from-anywhere jobs companies are hiring for in 2024β€”they're not all in tech

To help job-seekers find the best remote, flexible gigs, FlexJobs has identified the most in-demand work-from-anywhere jobs companies are hiring for right now.

Buy, sell or hold? Knowing a stock's PEG ratio can help decide. What it is and how to use it

Determining the value of a stock and what price-per-share you are willing to pay is both an art and a science.

Paid time off for pregnant women could go national as work movement, led by New York

Paid leave from work for prenatal care is poised to see a national push after New York became the first state to mandate it for women's health.

24-year-old earns $50,000 a year living in a town of 121β€”how she spends her time and money

What it's like to date, work and make friends as a Gen Zer in Medora, North Dakota.

A Harvard education costs over $82,000 a yearβ€”here's how much students actually pay

Generous financial aid packages allow low-income students to go to Harvard University at a steep discount β€” if they can get in.

Fewer homeowners are remodeling, but demand is still 'solid'

Many Americans were renovating their homes early in the Covid-19 pandemic, boosting remodel activity up until 2022. That's no longer the case.

Top Wall Street analysts are feeling confident about these 3 stocks after earnings

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Apple and Shake Shack.

3 toxic phrases that highly successful people never use, according to psychologists and public speaking experts

Highly successful people often have positive and optimistic inner monologues, psychologists say. Here are three toxic phrases to avoid telling yourself.

World's No. 1 pickleball player says he makes $2.5 million a yearβ€”up tenfold from 2021: 'We haven't reached the top'

Top-ranked pickleball player Ben Johns says he'll make $2.5 million in salary alone this year, following a private equity-funded merger of the PPA Tour and MLP.

41-year-old who make $160,000 a month in passive income: This is 'the business model that has set me free'

Entrepreneur Graham Cochrane's businesses bring in $160,000 a month in passive income. He shares the business model that "set him free."

Inflation is slowing. Here's why prices still aren’t going down

Americans are still feeling the pressure of high prices despite reports of inflation slowing and wages increasing.

Despite reasons for Ford's latest EV sales surge, there's a lot going right at the automaker

Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double.

Donald Trump shuts down rumors about considering Nikki Haley for vice president

Donald Trump has several names on his VP shortlist already, including Sen. Tim Scott, Rep. Elise Stefanik and Gov. Doug Burgum.

Do this 1 thing to curb your kid's anxiety today, says lead researcher behind 'The Anxious Generation'

If you want to make a change today that will positively impact your child's health start by talking to your kids' friends' parents.

Photos from across the globe show spectacular displays of the aurora borealis

The aurora borealis is typically only visible in high north latitudes, but this time, it stretched as far south as Louisiana.

It's hard to resist the pull of the 'good old days,' nostalgia researcher saysβ€”here's why

Gen Zers with flip phones and new music artists sampling classic tunes are proof that nostalgia is something we seek. Here's why we desire the emotion.

This inflation-focused ETF may be in a sweet spot

Horizon Kinetics' James Davolos thinks his firm's inflation-focused ETF is "ideally positioned" for gains this year.

NHL's Coyotes CEO, other Latino executives launch platform to promote Hispanics in sports

A group of Latino executives are starting an organization to promote Hispanic advancement within the sports industry.

10 U.S. cities where home prices increased the most this yearβ€”4 are in Illinois

Prices for existing single-family homes in the U.S. are up 5% year over year as of April, after decreasing by 2.86% year over year as of April 2023.

Activist Elliott settles for a new director at Sensata. These next steps may help boost shares

The activist investor settled for a new independent director and an interim CEO.

I've studied the science of happiness for 10 yearsβ€”here are 10 sentences I try to use every day

Your words have the power to make someone feel seen, heard, and loved, says Stephanie Harrison, author of "New Happy." Here are 10 phrases to use every day.

Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting

It took a total of 12 months and a number of iterations for Yu Shu to finish the final version of the Munger bust.

Nvidia's CEO 'had no idea how to' start his $2 trillion company, and wouldn't do it again: 'Nobody in their right mind would do it'

Jensen Huang and his two Nvidia co-founders had no experience running a business when they launched Nvidia in 1993. That was an advantage, according to Huang.

How American carmakers lost ground in China

Detroit automakers like General Motors made a fortune selling cars to Chinese consumers. But Chinese firms have caught up.

From Burger King to Panda Express, 7 places you can get Mother’s Day freebies and discounts this weekend

From burgers to smoothies, these restaurants want to help treat moms to something special and affordable on Mother's Day.

Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown

Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.

The rule capping credit card late fees at $8 is on hold β€” here’s what it means for you

The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would've saved Americans $10 billion a year.

Cramer's week ahead: Earnings from Home Depot, Alibaba, Walmart

CNBC's Jim Cramer on Friday guided investors through next week's market action.

Goldman Sachs and American Express are among the leading companies for working parents in 2024, new study shows

It can be challenging to juggle raising a family while working full time. Just Capital's research points to five leading companies where it might be possible.

Elon Musk's X loses lawsuit against Bright Data over data scraping

A federal judge in California dismissed a lawsuit filed byΒ Elon Musk'sΒ X against Israel's Bright Data, and said X "wants it both ways."

Biden plans for higher taxes on the ultra-wealthy and corporations to extend middle-class tax breaks

President Joe Biden's top economic advisor Lael Brainard is calling for higher taxes on the ultra-wealthy and corporations to pay for middle-class tax breaks.

Missed the last student loan forgiveness deadline? There may still be other options for relief

Some of the student loan borrowers who missed the April 30 deadline to qualify for quicker debt forgiveness may still be eligible for other relief options.

Could your buy now, pay later loans affect your credit score? Here's what you need to know

Up until now, buy now, pay laterΒ loans have been hard to track, making it easier for more households to get in over their heads. That may be about to change.

Starbucks should take a page from McDonald's to get customers back in its stores

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

What to know before you buy a house overseas β€” and 3 steps to smooth the process

Buying a property abroad can be a dream for many Americans. But it's not a decision one should make on whim; multiple factors can easily complicate the process.

McDonald’s is working to introduce a $5 value meal

The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands.

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86

Jim Simons, a legendary mathematician who founded quantitative hedge fund Renaissance Technologies, passed away on Friday.

Sweetgreen shares soar 34% after company beats revenue expectations

Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.

How retailers like Best Buy, T.J. Maxx and Home Depot quietly target 'problem' returners

The latest crackdown on returns is only that latest effort by retailers to tamp down on return losses, with many U.S. names using third-party tracking software.

Cramer: This chip stock is not on anyone's radar but is 'about to break out here'

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

AI washing: A Microsoft VC's warning about dubious, and rising, corporate artificial intelligence claims

As AI grows in popularity, more companies claim to use it even when they don't, or when it's tangential to the business model rather than embedded in it.

We're trimming this consumer goods stock that's been on a run over the past month

In keeping with our discipline when theΒ S&P Oscillator is overbought, we're raising some cash this morning.

Biden and Netanyahu's fraught relationship hits new low after U.S. pauses weapons shipment

The PentagonΒ confirmed that the administration paused the delivery to Israel of a shipment of 1,800 2,000-pound bombs and 1,700 500-pound bombs.

Trump White House aide Steve Bannon loses appeal of contempt of Congress conviction

Former Trump White House aide Steve Bannon flouted a House committee subpoena in connection with its Jan. 6 U.S. Capitol riot probe.

Ford names ex-Lucid Motors exec as next CFO, promotes current chief

Ford named the former CFO of electric-vehicle startup Lucid to replace its current CFO, who is being promoted to closely oversee the company's turnaround plan.

Consumer sentiment tumbles as inflation fears surge

The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.

Climate protesters try to break into Tesla's Germany factory, multiple people arrested

Police blocked protesters trying to get onto the Tesla grounds at its Berlin-Brandenburg factory, Brandenburg police told CNBC.

$3,500 in New York, $8,000 in LAβ€”renters reveal what they pay: 'It's just crazy how expensive it is here'

New Yorkers and Angelenos share how much they spend on rent in those big cities and if the believe the massive expense is worth the money.
❌