S&P 500 closes little changed after soft inflation report, index notches losing week: Live updates
The broad market index ended Friday near the flatline as enthusiasm over a soft consumer inflation report waned.
Josh Brown buys CBRE after AI disruption fears drive steep sell-off
Shares of CBRE plunged 16% this week on fears that artificial intelligence could weigh on office real estate demand.
Venezuela oil sales top $1 billion, funds won’t go to Qatar account anymore, Energy secretary says
Democrats in Congress have questioned the transparency and legality of depositing Venezuela oil revenue in Qatar.
Anthropic taps ex-Microsoft CFO, Trump aide Liddell for board
Anthropic has appointed longtime executive and political operative Chris Liddell to its board of directors.
AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
UBS analyst Matthew Mish told CNBC that the artificial intelligence transformation is happening faster than he and his colleagues had previously anticipated.
SpaceX launches 12th long-duration crew to International Space Station
It is the 12th long-duration ISS team that NASA has flown aboard a SpaceX launch vehicle since Elon Musk’s rocket venture began sending U.S. astronauts to orbit in 2020.
Op-ed: With world in ‘rupture’, too many economic roads lead away from Trump and back to China
The world is moving back closer to China, and unlike during its ascension to the World Trade Organization, this time it is a move away from the United States.
Why Canada hopes China will boost its auto manufacturing industry
Tariffs have hastened the decline of Canadian auto manufacturing. Deals with China and Korea are a play to revive it. But they may endanger US trade talks.
Enterprise AI startup Cohere tops revenue target as momentum builds to IPO: Investor memo
Cohere’s competitors OpenAI and Anthropic are also weighing potential IPOs and competition for enterprise customers is heating up.
Pinterest stock sinks nearly 17% as tariffs hit earnings. Here’s what’s happening
“Many of the largest retailers have been disproportionately impacted by tariffs and have been pulling back on advertising spend,” Pinterest’s CEO said.
