The public sours on AI and data centers as Anthropic, OpenAI look to IPO and tech keeps spending
Artificial intelligence is losing the popularity contest in the United States, and that's bad news for some of Big Tech's ...
Tag: economy
Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room ...
Strait of Hormuz blockade, Goldman Sachs earnings, AI cybersecurity and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. Turns out one of the biggest ...
BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds
BlackRock is applying hedge fund strategies to its exchange-traded fund business. Jeffrey Rosenberg, the firm's senior portfolio manager on the ...
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal ...
Delta CEO says airline will ‘meaningfully’ cut growth plans, sees $300 million boost from its refinery
Delta Air Lines CEO Ed Bastian said the carrier will "meaningfully reduce" its capacity growth plans in the near term ...
Sam Altman and Vinod Khosla agree: AI will break the economy. Their fix is no income tax for most Americans | Fortune
When Vinod Khosla sat down with Fortune editor-in-chief Alyson Shontell in March and floated the idea of wiping out federal ...
JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets
JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, ...
Hope for a U.S.-Iran deal, Apple’s anniversary, OpenAI’s podcast deal and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. My alma mater is in tonight's ...
Basic business class is here with new, stripped-down United Polaris fares
United Airlines new Polaris seat on one of its Boeing 787 DreamlinersLeslie Josephs/CNBCDoes it matter where you sit if you're ...
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