Cheap AI could derail OpenAI and Anthropic’s IPOs
Chinese AI labs are matching American frontier capability at a fraction of the cost.
Spiking yields are spooking the stock market. These equities win when rates rise
Some defensive names that are more closely correlated to the 10-year Treasury yield can fare well in a higher rate environment.
Trump’s face doesn’t belong on U.S. passport, senators tell Rubio
The State Department announced a special edition U.S. passport that will feature President Donald Trump’s likeness.
College career path ‘over’ as skilled trade get 30% pay bump, recruitment giant says
“I would say you can make a good career and good money in skilled trade. That’s definitely a career track,” CEO of world’s largest recruitment firm told CNBC.
Rising mortgage rates cause surge in demand for riskier loans
Mortgage rates continued to rise last week, causing more borrowers to head to adjustable-rate loans, which are cheaper but considered riskier.
Stellantis CEO Antonio Filosa is about to unveil his plan to turn the company around as the automaker’s stock lags
Shares of Stellantis are off nearly 30% since Antonio Filosa, a veteran who climbed through the company ranks, was named CEO nearly a year ago.
Democrats make demands of U.S. trade representative ahead of U.S.-Mexico-Canada Agreement review
CNBC obtained a letter from a group of Senate Democrats to U.S. Trade Representative Jamieson Greer laying out what they want to see in a key trade agreement.
Iran threatens to extend conflict ‘beyond the region’ if U.S. and Israel resume attacks
Iran’s Revolutionary Guard on Wednesday threatened to extend the Middle East conflict “beyond the region” if the U.S. and Israel resume attacks against Tehran.
Vance defends stock trading spree in Trump financial filings: ‘Come on, man’
Vice President JD Vance said at the White House on Tuesday that he and President Donald Trump both support banning congressional stock trading.
Trump says he was ‘an hour away’ from Iran strike decision before he postponed it
Asked how long Iran has to come to the table, Trump said it could be two or three days, or perhaps until Sunday or early next week.
