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Politics
U.S. firms say confidence in China has hit an all-time low
Night view of the Lujiazui financial district in downtown Shanghai.Yongyuan Dai | E+ | Getty ImagesAmerican companies in China are experiencing historically low business confidence and poor profits amid U.S.-China tensions and a slowing…
Saudi Arabia expects to get advanced Nvidia chips within next year
Saudi Arabia is optimistic about gaining access to U.S. chipmaker Nvidia's high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models.Speaking to CNBC on Thursday, a top official…
Investor and Trump donor Paulson says market would ‘crash’ under Harris
Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial crisis and who is today a prominent supporter of former President Donald Trump, said there could be a collapse in…
Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X
Elon Musk, chief executive officer of Tesla Inc., at the US Capitol in Washington, DC, US, on Wednesday, July 24, 2024. Samuel Corum | Bloomberg | Getty ImagesBrazil's supreme court announced Friday that it ordered banks to transfer…
Harris’ rise in polls sparks wave of wealth transfers to kids
Dimensions | E+ | Getty ImagesA 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. Sign up to receive future editions, straight to your…
Larry Ellison briefly passes Jeff Bezos as world’s second richest man
Larry Ellison, chief technology officer of Oracle (L), and Jeff Bezos, founder and executive chairman of Amazon.ReutersOracle's best week on the stock market since 2021 has bolstered Chairman Larry Ellison's net worth, briefly edging him…
Tesla Semi fire needed 50,000 gallons of water to extinguish
Tesla Semi.Courtesy: TeslaA single-vehicle collision last month involving a Tesla Semi electric truck took 50,000 gallons of water to extinguish and required aircraft to dump fire retardant overhead, according to a preliminary report on…
Trump Media shares soar 25% as ex-president says ‘I’m not selling’
Former US President and Republican presidential candidate Donald Trump speaks during a press conference at Trump National Golf Club Los Angeles in Rancho Palos Verdes, California, on September 13, 2024. Robyn Beck | Afp | Getty…
Trump tax-free overtime plan ‘fake as his tan’: Senate Finance chair
Senate Finance Committee Chair Ron Wyden threw shade at Republican presidential nominee Donald Trump on Friday over Trump's latest campaign promise: to eliminate income taxes on overtime pay."Donald Trump is losing, and these tax…
Tiger Global plans to join OpenAI’s funding round at more than $150 billion
In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI.Didem Mente | Anadolu | Getty ImagesTiger Global is planning to join OpenAI's buzzy new funding round that would…