Nonprofit received $2 million from Olivia Rodrigo and Melinda French Gates—it wants to give cash to abuse survivors
US Top News and Analysisby Megan Sauer·29d ago
At 4 p.m. on Saturday, August 29, leaders from the 10 nonprofits involved in Olivia Rodrigo's Daisy Chain Fields music festival stood, arms linked, huddled in the corner of a hangar.
Inflation persisted in August, potentially locking in a Fed interest rate hike
US Top News and Analysisby Jeff Cox·29d ago
Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that raises the specter of a Federal Reserve interest rate hike next week.
Wealthy investors are pouring billions into this new tax strategy despite risks
US Top News and Analysisby Robert Frank·29d ago
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.
Sub-$100 smartphones becoming a rarity as AI memory prices soar
US Top News and Analysisby Celestine Iyer·29d ago
The days of the sub-$100 smartphone may be numbered as memory costs soar, with China seeing one of the more dramatic shakeups in price points.
Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand
US Top News and Analysisby Sawdah Bhaimiya·29d ago
Oracle's shares jumped in premarket trading on Friday after it reported 30% revenue growth in its fiscal first quarter, fueled by strong demand for its cloud services and rapid data center...
Trump dismisses AI extinction risks as more than a dozen OpenAI, Anthropic insiders call for a slowdown
US Top News and Analysisby Kai Nicol-Schwarz·29d ago
U.S. President Donald Trump has dismissed warnings that AI could pose an existential threat to humanity, after a wave of insiders at frontier labs Anthropic and OpenAI stepped up public warnings of...
25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access
US Top News and Analysisby Leslie Josephs·29d ago
The Sept. 11, 2001, terror attacks reshaped how we travel, from how we pack our toiletries to what we wear when we fly.
The oil shock is testing private credit borrowers already burdened by high debt costs
US Top News and Analysisby Hugh Leask·29d ago
Soaring energy costs are creating a fresh pressure point for private credit borrowers already facing higher interest costs and a steep refinancing wall, private market specialists say. U.S.
Oil prices fall sharply after double-digit weekly gains above $100
US Top News and Analysisby Chloe Taylor·29d ago
Oil prices retreated on Friday, but remained on track for a weekly gain of almost 10% after soaring above $100 a barrel for the first time in months. As of 6:27 a.m.
Fintechs conquered payments in India. Now they're eyeing credit
US Top News and Analysisby Priyanka Salve·29d ago
Fintech companies, the driving force behind the adoption of digital payments in India, are turning their attention to the underserved credit market of the world's fastest-growing major economy.
Jamie Dimon joins bankers lobbying the UK ahead of its critical budget — here’s why they’re worried
US Top News and Analysisby Chloe Taylor·29d ago
Bankers are piling pressure on the British government ahead of its Autumn Budget, in which the newly minted leadership will lay out its fiscal plans for Britain.
A Chinese humanoid startup flips 'distillation' claim on OpenAI as it releases a new robotics model
US Top News and Analysisby Evelyn Cheng·29d ago
The CEO of an Ant-backed humanoid robotics startup has published a letter to OpenAI in Chinese that raises questions about technical and design similarities between the two companies' recent...
China's global hunt for tax revenue may be just getting started
US Top News and Analysisby Anniek Bao·29d ago
Beijing's recent push to tax the offshore wealth of its citizens may be only the opening phase of a broader campaign for income from the holdings of China's rich families, according to analysts.
Trump says he has no regrets about starting the Iran war as U.S. dials up economic pressure
US Top News and Analysisby Lim Hui Jie·29d ago
U.S. President Donald Trump said he has no regrets about starting the Iran war and added that "If I had it to do again, I would do exactly what I did."
Chinese AI labs secretly used millions of Claude exchanges to train their models, Anthropic says
US Top News and Analysisby Jenny Lee·29d ago
Anthropic said it detected and disrupted unauthorized large-scale efforts by China-based AI labs including Alibaba, Moonshot and DeepSeek to train their models using Claude. The U.S.
The iPhone Duo enters China’s crowded foldable market — and faces a price test
US Top News and Analysisby Evelyn Cheng; Matthew Tan·29d ago
Apple's first folding phone is getting a tepid response Chinese consumers that are focused more on how much it costs versus existing foldables from domestic rivals. "I won't buy it this year.
Jim Cramer says this is the key force driving stocks right now
US Top News and Analysisby Alexa LoMonaco·10 Sept 2026
CNBC's Jim Cramer said Thursday investors trying to understand the latest pressure on stocks should pay close attention to the 30-year Treasury yield.
Friday's CPI inflation report is even more important than usual. Here's what to expect
US Top News and Analysisby Jeff Cox·10 Sept 2026
A report due out Friday morning will be the last piece of the inflation puzzle the Federal Reserve will get before making its decision on interest rates next week.
Trump announces $500 Obamacare refunds for nearly 1 million people — here's who qualifies
US Top News and Analysisby Greg Iacurci·10 Sept 2026
President Donald Trump announced Thursday that the federal government will issue $500 Obamacare refunds to nearly 1 million people starting in October.
Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
US Top News and Analysisby Lora Kolodny; Ari Levy·10 Sept 2026
Between taking SpaceX public in the largest IPO on record and rolling out a fleet of driverless Tesla Cybercabs in Austin, Texas, Elon Musk has also been digging tunnels.
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