US News

Mark Cuban and Elon Musk. Getty Images Billionaire investor Mark Cuban cautioned Tesla CEO Elon Musk on Sunday against forming an alliance with former President Donald Trump, because, he said, the Republican presidential nominee may not ultimately repay his political debts. “Elon, there will come a time when you need something from Donald Trump,” Cuban

Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024. Angela Weiss | AFP | Getty Images As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order

David Hester inspects damages of his house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024.  Chandan Khanna | Afp | Getty Images Hurricane Helene is ravaging communities across the southeastern United States as mass flooding and brutal winds descend on Florida, Georgia, North Carolina, South Carolina and Tennessee. As of

Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024.  Manuel Orbegozo | Reuters The most impressive aspect of Meta‘s Orion augmented reality glasses has more to do with size and comfort than

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed. The company generated $300 million in revenue last month,

The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system.  Cris Faga | Nurphoto | Getty Images X has to pay one last fine before the social network owned

Republican presidential nominee and former U.S. President Donald Trump speaks to the press at Trump Tower in New York City, U.S., September 26, 2024. REUTERS/David Dee Delgado David Dee Delgado | Reuters Donald Trump on Friday called for Google to be criminally prosecuted for what the Republican presidential nominee called the company’s bias toward his

A customer shops at a Whole Foods grocery store in Edgewater, N.J. on Sept. 11th, 2024. Adam Jeffery | CNBC Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday. The personal consumption expenditures price index, a measure the Fed focuses on

United Atlantic Ventures, a significant shareholder in Trump Media, has sold nearly 11 million shares in the company, according to a regulatory filing Thursday, weeks after a federal judge cleared the way for the transaction. The move left UAV — an investment partnership of former “Apprentice” contestants Andrew Litinsky and Wes Moss — owning just

Rep. Matt Gaetz, R-Fla., leaves the U.S. Capitol after the House voted on the Spending Reduction and Border Security Act, Sept. 29, 2023. The measure failed to pass. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Matt Gaetz said Thursday that he has learned the House Ethics Committee will subpoena him as it

DALLAS — Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized $2.5 billion in share buybacks and detailed a host of changes to its business model as it seeks to fend off activist Elliott Investment Management. The airline said it expects unit revenue to rise as much as 3% in the

Mira Murati, chief technology officer of OpenAI, during an interview on “The Circuit with Emily Chang” in San Francisco on April 4, 2023. Philip Pacheco | Bloomberg | Getty Images OpenAI’s board is considering plans to restructure the firm to a for-profit business, according to a source who asked to remain anonymous because the talks

The U.S. Secret Service insignia is pictured on a wall at the Secret Service headquarters in Washington. Kevin Lamarque | Reuters The U.S. Secret Service is investigating allegations that one of its agents sexually assaulted a female staff member of the office of Vice President Kamala Harris, the agency confirmed Wednesday. The agent allegedly forced

A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California.  Mario Tama | Getty Images Southwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo seen by CNBC. The changes come

OpenAI has launched advanced voice mode for audio chats with ChatGPT. Jordan Novet, CNBC ChatGPT is ready for more natural audio chats. OpenAI said Tuesday that its popular chatbot now has an advanced voice feature for people who pay for the premium service. The tool allows for more fluid conversations. The release will continue through

Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two years in prison and ordered to forfeit $11 billion for her role in the massive fraud and conspiracy that doomed the cryptocurrency exchange once valued at $32 billion. The prison

U.S. Treasury yields were higher on Tuesday as market participants awaited fresh economic data and further comments from Federal Reserve officials. The yield on the 10-year Treasury was more than 4 basis points higher at 3.789%, while the 2-year Treasury yield rose 2 basis points to trade at 3.597%. Yields and prices move in opposite