The world’s top 250 fintech companies of 2024
Using a rigorous methodology, CNBC and Statista named the top 250 fintech companies globally for 2024. CNBC Tech Correspondent Ryan Browne has more.
China is leading on GenAI experimentation, but lags U.S. in implementation, survey shows
Chinese companies lead the world in general generative AI use but are still behind the U.S. in full implementation, a new survey finds.
Microsoft drops its observer seat on OpenAI board amid regulatory scrutiny
Microsoft took a nonvoting board seat at OpenAI back in November.
CNBC Daily Open: Fed’s Powell says high rates could hurt growth
Powell said prolonged high rates could harm economic growth. The S&P 500 notched its 36th record close. Biden pledged Patriot missiles to Ukraine.
An investment banker quit her job to become a YouTuber and now makes over $1 million
An investment banker who quit her job to become a YouTuber — just two months before a six-figure bonus — now has over 1 million subscribers.
‘Blowout’ in French borrowing costs still to come amid economic deadlock, veteran investor says
“Political paralysis in France is economic paralysis in France,” David Roche told CNBC.
Locusts in your noodles? Singapore approves 16 insect species as food
The agency said the following list of approved bugs can be imported for both human consumption and animal feed for food producing animals.
‘Don’t get tired’: Samsung Electronics workers extend strike indefinitely, say chip production disrupted
This is the first strike by the labor union in Samsung Electronics’ entire 55-year history, according to local media.
China’s inflation numbers miss expectations, rising 0.2% in June
China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts.
CNBC Daily Open: Powell says high rates threaten growth
Powell says prolonged high rates could harm economic growth. The S&P 500 notches its 36th record close. Biden pledges Patriot missiles to Ukraine.
