WASHINGTON, DC – APRIL 29: The U.S. Department of Education is seen reflected in the windows of a building on April 29, 2025 in Washington, DC. The Washington Post | The Washington Post | Getty Images As the Trump administration and Congress narrow options for student loan repayment and forgiveness, …
So long, summer doldrums. A stock market at all-time highs could be shaken up in a big way next week. Federal Reserve policymakers are convening for their July meeting at a time when central bank independence is in question. More of the Magnificent Seven companies are set to report and …
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. WASHINGTON, DC – JUNE 2: A NASA logo is displayed at the entrance to the Mary W. Jackson NASA Headquarters building on June 2, 2025 …
LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images When it was reported last month that Anthropic’s Claude had resorted to blackmail and other self-preservation techniques to avoid being shut down, alarm bells went off in the AI community. Anthropic …
Nokia profit misses expectations, as tariffs and weak dollar weigh on outlook Finnish telecoms giant Nokia‘s second-quarter profit came in below expectations, a day after the company warned it would take a hit of up to $364 million this year from tariffs and a weak U.S. dollar. The firm’s second-quarter …
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch One of the City’s most prominent investment bankers recently spelled out to me the challenges, as he saw them, faced by the U.K. economy. He argued that, as …
A line-up of Duck World’s flock of rubber ducks. Duck World | Duck World If it looks like a duck, swims like a duck and quacks like a duck — then it could be one of the rubber specimens lining the shelves of Duck World, a string of colorful stores …
Capital One shares rose on Tuesday evening despite the company reporting an extremely noisy second-quarter result due to the Discover integration. Still, we like where the company is headed with this game-changing acquisition. Revenue in the three months ended June 30 increased 31% year over year to $12.5 billion, missing …
Investors are raving about “neoclouds” and what their emergence means for the artificial intelligence boom. However, some warning signs are starting to flash. Neoclouds are companies specializing in AI cloud computing. Unlike traditional hyperscalers such as Amazon and Microsoft, these bespoke companies are viewed as attractive alternatives as they install and …
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Despite being beaten down by years of U.S. trade restrictions, China’s telecom giant Huawei has quietly emerged as one of the country’s fiercest competitors across the entire AI landscape. Not only does the Shenzhen-based firm …