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From CNBC. Kalshi is joining Polymarket in introducing trading for perpetual futures, known as “perps,” according to reporting by The Information. This type of derivative trading uses long-term contracts without a specific end date and have long been popular with crypto investors but could soon become more mainstream. CNBC’s Tanaya Macheel breaks down what the…
From CNBC. Investors are bullish on the emerging crop of companies known as neoclouds, which focus on AI-dedicated computing infrastructure, even as industry insiders warn it will take longer for these ventures to become profitable than markets currently expect. CNBC’s Tobias Burns reports on the enthusiasm for neoclouds and the concerns surrounding them. Reporter: Tobias…
From CNBC. Tesla began rolling out xAI’s Grok AI chatbot in its cars in July 2025. It’s still in beta mode. Tesla is not the only automaker adding AI assistants to vehicles. Volvo, Rivian, Mercedes, BMW and others are all integrating AI into their cars even though the tech is still in its infancy. CNBC’s…
From CNBC. Tesla began rolling out xAI’s Grok AI chatbot in its cars in July 2025. It’s still in beta mode. Tesla is not the only automaker adding AI assistants to vehicles. Volvo, Rivian, Mercedes, BMW and others are all integrating AI into their cars even though the tech is still in its infancy. CNBC’s…
From CNBC. The Trump administration is in advanced talks to give Spirit Airlines a $500 million rescue package as the iconic discount carrier faces the threat of liquidation. The bailout could be a political risk for President Trump, who has overseen numerous government interventions in the private sector in his second term, including U.S. Steel,…
From CNBC. For Gen Z and millennials, dating is becoming more expensive and less frequent. Surveys show many young singles are cutting back on outings as costs for meals, drinks and app subscriptions climb. Dating apps’ freemium models add another layer of expense, while the abundance of options can overwhelm users. Experts say this dynamic…
From CNBC. For Gen Z and millennials, dating is becoming more expensive and less frequent. Surveys show many young singles are cutting back on outings as costs for meals, drinks and app subscriptions climb. Dating apps’ freemium models add another layer of expense, while the abundance of options can overwhelm users. Experts say this dynamic…
From CNBC. Elon Musk’s high-profile lawsuit against OpenAI, the company’s CEO Sam Altman and its President Greg Brockman kicks off with jury selection in federal court in California on April 27th. Musk, who co-founded OpenAI in 2015 alongside Altman and Brockman, alleges he was deceived into donating roughly $38 million to the startup under the…
From CNBC. As Hollywood bleeds jobs and productions flee Los Angeles, a new hybrid studio called Innovative Dreams is betting AI can reverse the tide. Backed by Amazon Web Services and AI company Luma, the company combines the LED backdrops of virtual production with AI tools across the entire pipeline, preserving actor performances and traditional…
From CNBC. CNBC’s Brandon Gomez reports on the Trump administration’s move to reclassify cannabis as a Schedule III drug. The change doesn’t legalize the drug at the federal level but it could significantly expand scientific research in the drug’s medical uses. Reported by: Brandon Gomez Edited by: Lauren Hans, Andrea Miller Senior Director of Video:…
From CNBC. Kevin Warsh is President Trump’s nominee to lead the Federal Reserve. The veteran economic policymaker and investor appeared before a key Senate committee in April. Between pointed questions and praise, Warsh outlined his vision for the future of the U.S. central bank. CNBC’s Matt Peterson reports. Reporter: Matt Peterson Produced and Edited by:…
From CNBC. BMW debuted its refreshed version of the 7 Series sedan, the brand’s full size flagship vehicle in April. It’s the most extensive update BMW has undertaken. The company’s North American boss said it won’t give up on sedans, even though many other luxury and premium automakers have. SUV’s now outsell sedans by a…
From CNBC. Automakers, battery makers and suppliers directed hundreds of billions of dollars into electric vehicle investments across the U.S. in recent years, and almost half of that had been planned for the South. But companies have now canceled EV plans and some have faced write-downs.
From CNBC. John Ternus will become Apple’s eighth CEO in September, continuing a tradition of internal promotion at the iPhone maker. Industry experts have long speculated that the 50-year-old Ternus would become Cook’s eventual successor. Over the last 25 years at Apple, Ternus has become a key architect of the tech giant’s robust product pipeline,…
From CNBC. Whether U.S. and Iranian officials can negotiate the opening of the Strait of Hormuz this week is being closely watched not only by global investors but also by the Chinese town that brings you Christmas. Yiwu is known as China’s Christmas capital and is home to hundreds of factories producing artificial trees, tinsel,…
From CNBC. U.S. importers could be due more than $160 billion in tariff refunds after the U.S. Supreme Court ruled the White House’s emergency tariff authority was unconstitutional in February. Some of the biggest winners are American retailers who have faced billions of dollars of added costs from foreign imports over the past year. CNBC’s…
From CNBC. Lowe’s sales have been in a slump since its pandemic highs, but the home improvement retailer is hoping to tap into new generations as part of the solution. CNBC’s Melissa Repko breaks down Lowe’s latest retail initiatives.
From CNBC. Kevin Warsh, if confirmed, may be the wealthiest Federal Reserve Chairmen in U.S. history. His financial disclosures indicate holdings of over $135 million. The paperwork indicates stakes in emerging companies like Polymarket and SpaceX, governance roles at companies like Coupang and UPS, alongside vast investments in funds tied to Warsh’s time working with…
From CNBC. Kevin Warsh, if confirmed, may be the wealthiest Federal Reserve Chairmen in U.S. history. His financial disclosures indicate holdings of over $135 million. The paperwork indicates stakes in emerging companies like Polymarket and SpaceX, governance roles at companies like Coupang and UPS, alongside vast investments in funds tied to Warsh’s time working with…
From CNBC. The International Energy Agency on Thursday warned that the Middle East crisis is hurting Europe’s airline industry, which is on the brink of running out of jet fuel. As Europe heads into its peak travel season, a continued blockade of the Strait of Hormuz could lead to hundreds of flight cuts, disrupting travel…
From CNBC. For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind now that AI has made the chipmaker into the world’s most valuable company. Nvidia popularized the graphics processing units, or GPUs, that make the best video game play…
From CNBC. The U.S. blockade on Iranian ports is President Trump’s latest attempt to pressure Iran to reach a deal to end the war. Yet Iran is unlikely to be the only country feeling the economic pain. CNBC’s Garrett Downs breaks down what the move could mean for Asia, U.S. consumers and the future of…
From CNBC. The main demand signal for artificial intelligence looks explosive on paper, but it may be significantly overstated. Token consumption, the basic unit of AI usage, is becoming a distorted metric. Companies like Shopify and Meta have created internal "tokenmaxxing" leaderboards that track how many tokens employees use, and Nvidia CEO Jensen Huang said…
From CNBC. The main demand signal for artificial intelligence looks explosive on paper, but it may be significantly overstated. Token consumption, the basic unit of AI usage, is becoming a distorted metric. Companies like Shopify and Meta have created internal "tokenmaxxing" leaderboards that track how many tokens employees use, and Nvidia CEO Jensen Huang said…
From CNBC. Grocery stores like Kroger are using AI to help find value for perishable food that would otherwise end up in the trash. The data being generated by Flashfood and companies like it are giving retailers insights into consumer behaviors like showing what products will sell, at what price and at what point they…
From CNBC. SUVs and pickups have really taken over the US car market. But with average vehicle prices so high, some automakers are still selling healthy numbers of sedans and other low-roofed passenger cars. Kia, Toyota, and Volkswagen, among others have kept sedans in the market, and EVs like the Tesla Model 3 are popular.…
From CNBC. Artificial intelligence is reshaping cybersecurity across the crypto industry. While Bitcoin itself is considered resilient, the platforms that connect users to their assets may be more vulnerable. AI can scan complex software systems quickly, uncovering hidden flaws and enabling faster attacks. This shift is forcing crypto companies to rethink how they protect their…
From CNBC. America’s largest grocer, Walmart, is giving its biggest private label brand, Great Value, a refresh after more than a decade. While it has an 87% household penetration rate, players like Aldi and Amazon are catching up. CNBC’s retail reporter Melissa Repko has more. Produced, Shot and Edited by: Ryan Baker Reporter: Melissa Repko…
From CNBC. America’s largest grocer, Walmart, is giving its biggest private label brand, Great Value, a refresh after more than a decade. While it has an 87% household penetration rate, players like Aldi and Amazon are catching up. CNBC’s retail reporter Melissa Repko has more. Produced, Shot and Edited by: Ryan Baker Reporter: Melissa Repko…
From CNBC. Global energy prices are rising as traffic through the Strait of Hormuz remains more than 90% below pre-war levels. While the U.S. remains insulated to a certain extent, domestic prices are also moving higher – especially in California. Almost 75% of California’s crude oil is imported from abroad according to the California Energy…
From CNBC. Dame Louise Richardson, president of the Carnegie Corporation of New York, discusses how Andrew Carnegie’s legacy continues to influence education, democracy, and opportunity in America today.
From CNBC. Eastman Kodak’s CEO, Jim Continenza, says he’s working to remedy the health of the company’s once debt-laden financials. The more than 100-year-old company has found success in Hollywood where film has seen a resurgence in recent years. Watch the video to learn about Kodak’s attempt at a turnaround. Produced, Shot, and Edited by:…
From CNBC. The Navy Exchange, which is owned by the U.S. government, has long provided discounted, tax free goods to military members and their families. The profits all go back to helping to improve welfare programs for those enrolled in the Navy, but, in recent years, sales have declined and is now in the process…
From CNBC. The Navy Exchange, which is owned by the U.S. government, has long provided discounted, tax free goods to military members and their families. The profits all go back to helping to improve welfare programs for those enrolled in the Navy, but, in recent years, sales have declined and is now in the process…
From CNBC. From aviation to logistics, the U.S.-Iran war is threatening Dubai’s economic sectors beyond just oil. Even with a fragile ceasefire in place, the conflict is undermining the city’s reputation as a safe haven and threatening its recent economic rise. CNBC’s Emma Graham and Dan Murphy break down how the war could impact the…
From CNBC. The minivan has ticked back up in sales in recent years, and is a surprisingly significant share of sales for those still in the segment–Honda, Toyota, Kia, and Chrysler. The Pacifica minivan is the only model line Chrysler sells–something that has led industry watchers to fear the legendary American brand is on its…
From CNBC. Meta has launched Muse Spark, its most powerful AI model yet and the first major product from Chief AI Officer Alexandr Wang’s newly formed Meta Superintelligence Lab. The release comes as the company ramps capital expenditures to as much as $135 billion this year, nearly double last year’s spend, raising the stakes for…
From CNBC. Tens of millions of Americans are taking GLP-1 drugs, which cause rapid weight loss. Now, clothing retailers are expecting a sales boost as many users are changing sizes and want to show off their progress. Here’s how companies are adapting to expected tailwinds and what they could do to meet demand. CNBC’s Melissa…
From CNBC. There’s a new bottleneck in the AI chipmaking process that happens almost entirely in Asia right now: advanced packaging. It connects smaller chips together into a larger chip like a GPU, so it can communicate with data centers and more. As Nvidia books the majority of capacity, TSMC prepares to break ground on…
From CNBC. The CNBC Housing Market Survey asks a group of top real estate agents about local market conditions and buy/seller sentiment. In the first quarter of 2025, buyers were more concerned about the economy and mortgages rates than they were about home prices, according to respondents. CNBC’s Diana Olick reports. Reporter: Diana Olick Produced…