Minimalist News

AI Summary

World leaders gather for the funeral of Pope Francis, reflecting on his impact and the future direction of the Catholic Church amid ongoing debates among mourners. The U.S. and Iran remain divided in nuclear negotiations, with negotiations focused on Tehran's uranium enrichment capabilities, illustrating the tension in international diplomacy. Global economic uncertainty continues as tariffs imposed by President Trump are expected to disproportionately affect lower-income Americans, raising concerns about inflation and economic stability. The U.S.-China trade relationship faces significant challenges, with conflicts over tariffs and structural tensions potentially leading to a new cold war, while some view this as an opportunity for Latin America to shift trade dynamics. Amidst these geopolitical tensions, advances in technology and regulations, particularly in the autonomous vehicle space, highlight an evolving landscape in the finance and tech industries.

CNBC

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says cnbc.com 3 hours ago
Consumers are using buy now, pay later plans to pay for essentials such as groceries, as concerns around the economy grow.
Plane tickets are getting cheaper as domestic travel demand weakens cnbc.com 2 hours ago
Airlines are trimming their domestic schedules as leisure traveler demand comes in lighter than expected.
Trump dinner for meme coin buyers prompts senators to demand ethics probe cnbc.com 15 hours ago
Senators Adam Schiff and Elizabeth Warren are calling for an ethics investigation into President Trump's promotion of his meme coin.
Yale classmates warn Trump Treasury Secretary Bessent he risks enabling descent 'into fascism' cnbc.com 13 hours ago
A new letter to Scott Bessent accuses President Donald Trump of usurping the authority of Congress and U.S. courts since regaining the White H…
Elon Musk's xAI Holdings in talks to raise $20 billion, Bloomberg News reports cnbc.com 8 hours ago
The funding would value the company at over $120 billion, according to the Bloomberg report.
Amazon sellers raise prices after Trump's China tariff: 'It's unsustainable' cnbc.com 21 hours ago
Amazon third-party sellers are raising prices and looking for new suppliers after President Trump lifted tariffs on goods from China.
Americans are more worried about running out of money in retirement than dying. Experts offer ways to reduce that risk cnbc.com 19 hours ago
When it comes to retirement, Americans are on mostly on their own to manage their savings and spending. Many fear they will run out of money b…
Gen Z workers increasingly opt out of college and into the trades: ‘There are about 2 million fewer students,' says expert cnbc.com 2 days ago
Many young people choose skilled trades like construction or plumbing. "I'm not going to go stop my business and pay for college," says Chase …
Trump meme coin insiders have to wait additional 90 days before they can sell cnbc.com 18 hours ago
President Donald Trump’s meme coin was supposed to unlock for some insider sales, but that move got delayed by 90 days.
Federal authorities arrest two judges, in escalation of Trump immigration crackdown cnbc.com 14 hours ago
Federal agents arrested Milwaukee Circuit Court Judge Hannah Dugan on obstruction charges, FBI Director Kash Patel said.
Luigi Mangione pleads not guilty in federal court to murder of UnitedHealthcare CEO cnbc.com 18 hours ago
Prosecutors say Mangione deserves the death penalty because he killed CEO Brian Thompson to provoke broad "resistance" to the health insurance…
We're putting a big weekly winner in the Bullpen but see more room for the stock to run cnbc.com 19 hours ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
SEC Chair Atkins says crypto innovation 'has been stifled' as regulators push for change cnbc.com 17 hours ago
The SEC’s Crypto Task Force hosted its first major roundtable under Chair Paul Atkins, signaling a shift toward a friendlier posture.
Alphabet adds nearly 2% as search, advertising units show resilient growth cnbc.com 18 hours ago
Alphabet shares are down more than 14% this year as markets face volatility from mounting trade war fears and worries about President Donald T…
California overhauling self-driving vehicle regulations governing Waymo, Tesla, Zoox and others cnbc.com 18 hours ago
California's new regulations would impact Waymo, Tesla, Zoox and other driverless vehicle makers
Trump insists bond market tumult didn't influence tariff pause: 'I wasn't worried' cnbc.com a day ago
"I wasn't worried," Trump said in a Time magazine interview during which he was asked about financial market tumult.
Private jet demand declines as tariffs spook would-be buyers cnbc.com a day ago
A new survey of jet brokers shows that even buyers with deep pockets are pulling back.
MercadoLibre CEO says US-China trade war is a big opportunity for Latin America cnbc.com 17 hours ago
Galperin told CNBC's Robert Frank he believes there will be a "permanent shift" in U.S.-China trade relations.
Trump asserts trade talks with China are underway after Beijing denies any ongoing negotiations cnbc.com a day ago
The statement followed China's denial of any talks with the U.S. and calls for abolishing 'unilateral' tariff measures for resolving trade iss…
Meta and Booz Allen partner on 'Space Llama' AI program with Nvidia and HPE cnbc.com 21 hours ago
The tech stack includes Meta's Llama 3.2, powered by Hewlett Packard Enterprise's Spaceborne Computer-2 and Nvidia graphics processing units.
Novo Nordisk scores major legal win that bars many compounded versions of Wegovy, Ozempic cnbc.com 20 hours ago
Patients flocked to those Ozempic, Wegovy copycats when the branded drugs were in short supply, or if they didn't have insurance coverage for …
Receiving odd texts for someone else? Rise of 'wrong number' messages is new payday for scammers cnbc.com 20 hours ago
A rise in text messages that may seem like they were sent to you in error are likely from scammers seeking to steal your money and personal in…
Trump tariffs will hurt lower income Americans more than the rich, study says cnbc.com 21 hours ago
Tariffs are expected to have more of a financial impact on poor households relative to consumers in the top 1%, according to a new study.
'What payments can be garnished for my defaulted student loans?' Answers to questions as collections resume cnbc.com 20 hours ago
The Education Department will resume collecting on student loans in early May, putting millions of borrowers' retirement benefits and wages at…
Trump signs order to boost deep-sea mining, seeking to break China's critical minerals dominance cnbc.com a day ago
The practice of deep-sea mining involves using heavy machinery to remove minerals and metals from the seabed, where they build up into potato-…
Former Rep. George Santos sentenced to 87 months in New York federal fraud case cnbc.com 18 hours ago
Santos was expelled from Congress after the Republican was charged with identity theft and submitting false campaign finance reports.
Nearing retirement? Here's how a 'bond ladder' can preserve your nest egg amid tariff volatility cnbc.com 2 days ago
Older investors may consider a bond ladder amid tariff-induced stock market volatility. Here's what to know about the strategy.
Russia tests U.S. patience as Trump rushes to clinch Ukraine peace deal in first 100 days in office cnbc.com a day ago
U.S. special envoy Steve Witkoff is expected to carry out further peace talks with Russian President Vladimir Putin on Friday.
Waymo reports 250,000 paid robotaxi rides per week in U.S. cnbc.com 2 days ago
That figure is up from 200,000 in February, before Waymo opened in Austin and expanded in the San Francisco Bay Area in March.
Jim Cramer's top 10 things to watch in the stock market Friday cnbc.com a day ago
Stock futures were lower on Friday following a three-day winning streak.