AI Summary
- Israeli Prime Minister Netanyahu faces mounting pressure from allies to conclude the Gaza conflict amid a public shift against the war, while security has been heightened following the fatal shooting of embassy staffers in Washington, D.C.
- Taiwan is accelerating military preparations, including the establishment of new drone units, in anticipation of a possible invasion by China, which it believes could occur as soon as 2027.
- The EU has initiated an antidumping investigation regarding tire imports from China, as domestic manufacturers claim unfair pricing has harmed their businesses, while also moving towards closer antitrust cooperation with the U.K. post-Brexit.
- Signs of potential improvement in U.S.-China trade relations emerge as officials prepare for discussions aimed at easing tensions, with economic forecasts suggesting a shift in India’s ability to attract U.S. business away from China.
- In response to inflation concerns, the Bank of England is expected to consider modest rate cuts, while debates continue over U.S. fiscal policy, with the House advancing a multi-trillion-dollar tax and spending package amid rising national debt worries.
Powered by OpenAI
CNBC
-
Trump tax bill clears the House in a victory for Republicans, advances to the Senate
cnbc.com
3 hours ago
The early morning vote along party lines came after 48 hours of furious negotiations to win over warring factions in the Republican conference…
-
What the House Republican budget bill means for your money
cnbc.com
2 hours ago
House Republicans advanced a multi-trillion-dollar tax and spending package that could have sweeping impacts on household finances.
-
Harvard blocked by Trump administration from enrolling international students
cnbc.com
29 minutes ago
The Trump administration's move against Harvard University comes amid a battle with the private school over concerns about antisemitism on cam…
-
Anthropic launches Claude 4, its most powerful AI model yet
cnbc.com
an hour ago
Anthropic, the Amazon-backed OpenAI rival, on Thursday launched its most powerful group of AI models yet: Claude 4.
-
Ray Dalio says to fear the bond market as deficit becomes critical
cnbc.com
39 minutes ago
The billionaire investor is not hopeful politicians will be able to reconcile their differences and lessen the country's debt load.
-
Founders of Amazon's PillPack launch health-care marketplace startup General Medicine
cnbc.com
2 hours ago
General Medicine acts as an online health-care marketplace that can connect users with medical providers or assess what care they need based o…
-
Hinge Health opens at $39.25 per share after pricing IPO at top end of range
cnbc.com
2 hours ago
Hinge Health is betting that Wall Street is ready to back a new digital health offering after a difficult few years for that market.
-
American Airlines CFO says some travelers are avoiding Newark airport
cnbc.com
an hour ago
American Airlines' CFO says some travelers have avoided Newark in favor of other area airports, but cautioned the impact was modest.
-
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who benefits
cnbc.com
3 hours ago
House Republicans passed a bill to raise the 'SALT' deduction cap to $40,000. Here's who would benefit from the change.
-
Bill Gates: These 5 books are the ‘best memoirs I’ve read’—including 1 by an author who 'changed the course of my life'
cnbc.com
3 hours ago
Bill Gates' 2025 summer book recommendations list includes the memoirs of rock star Bono, journalist Nicholas Kristof, comedian Trevor Noah an…
-
Get ready to round up: Treasury set to halt penny production
cnbc.com
3 hours ago
The U.S. Treasury has ordered its last batch of "blanks" that it uses to form pennies, a department spokesman confirmed.
-
April home sales dropped to the slowest pace for that month since 2009
cnbc.com
4 hours ago
Home sales in April fell, as consumers faced high house prices and growing concern over the economy and employment.
-
Snowflake shares soar to highest level in over a year as revenue tops $1 billion for first time
cnbc.com
4 hours ago
Snowflake shares popped on Thursday after the data analytics company reported better-than-expected earnings and revenue.
-
Judge orders Trump administration to reinstate Education Department employees
cnbc.com
3 hours ago
A federal judge ordered the Trump administration on Thursday to reinstate more than 1,300 U.S. Department of Education employees.
-
Stocks bounce back, and Honeywell's buying spree continues
cnbc.com
an hour ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
-
Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.
cnbc.com
4 hours ago
Kraken, once targeted by the SEC, is now capitalizing on friendlier conditions under Trump-era crypto policy rollbacks.
-
Woman shot at CIA headquarters after crashing into gate
cnbc.com
5 hours ago
The non-fatal shooting on CIA property occurred hours after two Israeli Embassy staff members were shot and killed outside D.C.'s Capital Jewi…
-
OpenAI, Oracle and NVIDIA will help build Stargate UAE AI campus launching in 2026
cnbc.com
an hour ago
Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Ar…
-
House Republican budget bill boosts maximum child tax credit to $2,500 — here's who qualifies
cnbc.com
3 hours ago
The House Republican multi-trillion-dollar tax package includes a bigger child tax credit. If enacted, here's who could benefit from the chang…
-
How UnitedHealthcare became the face of America's health insurance frustrations
cnbc.com
6 hours ago
Experts say it's no surprise that UnitedHealthcare often ends up in the crosshairs of public and political scrutiny, as it's the nation's larg…
-
Universal leans into theme parks with multibillion-dollar Epic Universe, even as economic uncertainty looms
cnbc.com
3 hours ago
Universal Studios opened its new theme park Epic Universe and it hopes the five new worlds will help it take on rival Disney and bring in mill…
-
Sam Altman's $6.4 billion bet on Jony Ive has Zuckerberg-like qualities
cnbc.com
8 hours ago
OpenAI is making a big bet in purchasing Jony Ive's nascent startup, but it's a deal reminiscent of some made by Mark Zuckerberg.
-
Tax bill includes $1,000 baby bonus in 'Trump Accounts' — here's who is eligible
cnbc.com
3 hours ago
The House GOP's "big, beautiful" tax bill includes a new savings account for children that comes with a $1,000 deposit from the federal govern…
-
The Republican spending bill is sending yields soaring and creating a major market headache
cnbc.com
8 hours ago
For now, Wall Street experts are not optimistic about what happens from here.
-
Trump tariff pause bumps up China imports, but less retail choice and higher prices are coming: CNBC Supply Chain Survey
cnbc.com
6 hours ago
Importers are bringing in more goods with a recent tariffs pause, but not enough to guarantee retail store shelves won't run low, or empty in …
-
Bitcoin hits new record high above $111,000 as rally marches on
cnbc.com
an hour ago
Bitcoin continued its rally on Thursday, hitting a brand new record high above $111,000.
-
China’s Xiaomi claims new phone chip rivals Apple at a cheaper price
cnbc.com
7 hours ago
Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and cheaper phone.
-
Picklr, the world's largest pickleball franchise, to open 20 clubs in Japan
cnbc.com
6 hours ago
The Picklr has sold more than 500 franchises in the U.S., Canada and Japan that are slated to open over the next 5 years.
-
White House crypto czar David Sacks says stablecoin bill will unlock 'trillions' for U.S. Treasury
cnbc.com
20 hours ago
Trump’s top crypto advisor David Sacks says the administration’s stablecoin bill is poised to pass with bipartisan support.
-
Summer travel demand is soaring — but European airlines are short on planes
cnbc.com
5 hours ago
A persistent global jet shortage means airlines are bracing for an uphill battle over what is typically the peak travel season.