Fed Governor Waller backs interest rate cut at September meeting, open to larger move
Waller on Friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening jobs picture.
OpenAI gives artists access to unreleased tools like Sora for New York gallery exhibit
OpenAI on Friday announced an art gallery collaboration, allowing artists access to its unreleased artificial intelligence tools for a New York showcase.
U.S. financial markets, public companies are a growing target for Russian hackers
Financial markets are a growing target for Russian hackers, as highlighted in the latest episode of CNBC’s “The Crimes of Putin’s Trader” podcast.
Why it’s so difficult to build nuclear power plants in the U.S.
The U.S. generates about 60% of its electricity from fossil fuels, roughly 21% from renewable energy sources and about 19% from nuclear energy.
Salesforce to acquire startup Own for $1.9 billion in cash
Salesforce’s deal machine is clearly working again, following announcements about small acquisitions such as PredictSpring and Tenyx.
Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in fiscal 2024.
Red Lobster cleared to exit Chapter 11 bankruptcy protection
A group of investors under the name RL Investor Holdings will acquire Red Lobster by the end of the month.
Hunter Biden pleads guilty in tax case, hours after jury selection for trial was to begin
Hunter Biden, the son of U.S. President Joe Biden, was convicted in June of crimes related to buying a handgun while using crack cocaine.
Trump election interference case resumes in D.C. after yearlong delay over immunity fight
Donald Trump, the Republican presidential nominee, is charged with illegally trying to undo his loss to Joe Biden in the 2020 election.
Snap sued by New Mexico over ‘sextortion’ of kids by predators
New Mexico Attorney General Raúl Torrez previously sued Facebook operator Meta in a similar case alleging the platform enabled child sexual exploitation.
