CNBC
Epstein files: Goldman Sachs lawyer Kathryn Ruemmler asked to testify to House panel
The House committee investigating the notorious sex oender Jerey Epstein has asked Goldman Sachs' top lawyer, Kathryn Ruemmler, to testify about her interactions with Epstein, her spokeswoman said. "Ms. Ruemmler welcomes the opportunity to appear...
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Next phase of Iran war ‘will be even more punishing’: Rubio, Trump oicials brief Congress
Secretary of State Marco Rubio briefed the Gang of Eight on Monday aernoon. Congressional sta from relevant committees were briefed over the weekend, according to the White House, and an all-Congress briefing is scheduled for...
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Iran aer Khamenei: What's next and what it means for the country?
Iran's supreme leader, Ayatollah Ali Khamenei, has been killed in a joint military strike. Khamenei assumed power following the death of Ayatollah Ruhollah Khomeini in 1989. Killing Khamenei is not, in itself, 'regime change,' one analyst told CNBC....
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Anthropic's Claude hits No. 2 on Apple's top free apps list aer Pentagon rejection
Anthropic's Claude app has gained popularity in recent weeks, as the company's battle aer the use of its artificial intelligence models by the U.S. Department of Defense made headlines. Claude has reached the No. 2 spot on Apple's rankings of top free...
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White House gives Democrats new DHS funding oer as partial government shutdown drags on
The White House counteroer is a sign of movement as negotiations to reopen the Department of Homeland Security continue. Democrats have called for changes to the Trump administration's immigration enforcement policies. Senate Democrats on Monday...
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Anthropic CEO Amodei says Pentagon's threats 'do not change our position' on AI
Anthropic CEO Dario Amodei on Thursday said the company "cannot in good conscience" agree to allow the Department of Defense to use its models in all lawful use cases without limitation, adding that the agency's threats do not change its position.
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Head of Amazon’s AGI lab is leaving the company
David Luan, the head of Amazon's artificial general intelligence lab, plans to depart the company less than two years aer joining, he announced on Tuesday. The lab, based in San Francisco, was created in December 2024 to work on long-term research...
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Supreme Court ruling throws Trump administration's tari strategy into flux. What it means for global trade, U.S. economy
U.S. President Donald Trump's decision to reimplement taris aer the Supreme Court struck some down only served to aggravate global trade tensions. As uncertainties rise, foreign governments and big businesses are likely to...
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Chaos, confusion and $200 billion dreams: What I saw at India’s AI summit
Despite the chaos at the summit, enthusiasm from big tech companies for India's potential continues to grow. Executives including Alphabet CEO Sundar Pichai and OpenAI boss Sam Altman talked up India's advantages fro…
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Trump to hike global taris to 15% from 10%, 'eective immediately'
President Donald Trump on Saturday said he would increase global taris to 15% from 10%, one day aer the Supreme Court struck down his "reciprocal" taris. The new taris will be "eective immediately," Trump said in a Truth...
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Labor secretary's husband barred from HQ aer claims he sexually…
At least two female staers have made allegations that they were sexually assaulted by the husband of Labor Secretary Lori ChavezDeRemer, according to multiple reports. Chavez-DeRemer's husband, Dr. Shawn…
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Epstein would 'name drop' Trump, Les Wexner says in deposition video
Jerey Epstein would "name drop" President Donald Trump as one of the many high-profile people he claimed to know, billionaire Leslie Wexner said in a congressional deposition that was released Thursday. Asked to clarify that…
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Trump fans flames of election access as Republican support grows for…
Democrats say President Donald Trump's promise to unilaterally implement voter ID before the midterms is unconstitutional. Trump hyped unfounded voting irregularities in the 2020 election, which he lost to Joe Biden, in…
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Potomac River sewage spill: Trump says Democrats need to ask for his help
President Donald Trump is trading blows with Democratic governors in the mid-Atlantic over a massive sewage leak that dumped hundreds of millions of gallons of wastewater into the Potomac River. Trump on Tuesday demanded that the...
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Hyatt Chairman Pritzker leaves board over Epstein ties
Hyatt Hotels Chairman Thomas J. Pritzker said he would retire in a letter to the chain's board. Pritzker, who has held the role for more than two decades, said he regretted maintaining contact with sex predator Jerey Epstein....
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Trump trade adviser Navarro says administration may force data center builders like Meta to 'internalize' costs
President Donald Trump's trade and manufacturing adviser Peter Navarro said on Sunday that the White House may force data center builders to absorb utility costs. Data centers powering artificial intelligence are straining the...
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U.S. and European interests are 'intertwined,' Secretary of State Rubio says
U.S. Secretary of State Marco Rubio underscores common heritage and goals with Europe. "We care deeply about your future and ours," Rubio tells the Munich Security Conference. Ukrainian President Volodymyr Zelenskyy thanks the U.S. for its support,...
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Trump takes a beating from his own party amid Epstein files release and taris rebuke
Some of President Donald Trump's top allies in Congress have diverged from him in recent weeks. With the midterms approaching, Trump is grappling with polls showing low approval ratings overall and on key issues, especially the...
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Instacart stock pops 14% on revenue beat, optimistic guidance
Instacart topped Wall Street's fourth-quarter revenue estimates and issued strong guidance as more customers turn to the grocery delivery platform. Instacart said it had its strongest quarter of gross transaction value in three years as its enterprise...
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Instagram chief likens social media addiction to being hooked on a Netflix show in trial testimony
Instagram head Adam Mosseri said that there can be problematic usage of social media, but he disagreed that it constitutes an addiction. Mosseri testified in Los Angeles Superior Court during a social media trial over allegations that Meta, YouTube,...
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SAVE Act voter ID bill is on the minds of Trump and Congress: What to know
The SAVE America Act would require photo ID to vote in federal elections and proof of citizenship to register. The House will vote on the proposal next week, as lawmakers pressure Senate leadership to change its rules to ensure passage. President...
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Sam Altman touts ChatGPT's reaccelerating growth to employees as OpenAI closes in on $100 billion funding
OpenAI CEO Sam Altman told employees that ChatGPT is "back to exceeding 10% monthly growth," according to an internal Slack message viewed by CNBC. The company is aiming to launch a new model within ChatGPT this week, Altman...
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Federal judge orders Fulton County Georgia election case documents unsealed by Tuesday
A federal judge ordered documents related to the FBI's seizure of 2020 election ballots in Georgia be unsealed by Tuesday The order came down from Judge J.P. Boulee of the U.S. District Court in Georgia, an appointee of President Donald Trump. The raid...
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Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP
Hundreds of Google workers signed an open letter urging the company to cut its ties with ICE and CBP aer rising violence. The letter also calls on the company to institute protections for its workers. It adds to mounting...
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Tech AI spending may approach $700 billion this year, but the blow to cash raises red flags
Tech's megacaps announced major increases in capex for 2026, with the four hyperscalers now expecting combined spending of close to $700 billion. Reaching those numbers is going to mean a big drop in free cash flow, with Amazon...
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Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending
Amazon Web Services surpassed Wall Street expectations on revenue and operating income. AWS' operating margin widened slightly to 35% in the fourth quarter from 34.6% in the prior period. Amazon said Thursday that revenue from...
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Google parent beats on revenue, projects significant AI spending increase
Alphabet beat Wall Street's expectations for earnings and revenue. The company reported Capex spend in the range of $175 billion to $185 billion — nearly double its 2025 spend. The company saw revenue increase almost 18% year...
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Trump: If states can't run elections 'honestly,' then 'somebody else should take over'
President Donald Trump said "the federal government should get involved" in elections in states that are unable to "legally and honestly" administer them on their own. If they can't, then "somebody else should take over," Trump said in...
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Waymo announces $16 billion funding round
Alphabet's self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion "post-money." The new infusion of cash includes several new investors, the company said. The fundraising round will...
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United Arab Emirates' 'Spy Sheikh' bought secret stake in Trump crypto company: WSJ
Sheikh Tahnoon bin Zayed Al Nahyan of the United Arab Emirates purchased a secret 49% stake in the Trump family's World Liberty Financial, The Wall Street Journal reported late Saturday. Tahnoon, known as the "Spy Sheikh," is a UAE royal and government...
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Bitcoin dips below $78,000 as market digests silver sell-o, Trump's Fed chair pick
Cryptocurrencies sank on Saturday, with bitcoin falling below $78,000. The slide follows the recent strength in the U.S. dollar following President Donald Trump's selection of Kevin Warsh as his choice for the next Federal Reserve...
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Jerey Epstein victims blast DOJ for 'incomplete' release of files
The Department of Justice is releasing 3 million additional pages of documents related to Jerey Epstein, along with 2,000 videos and about 180,000 images, Deputy Attorney General Todd Blanche said. The large release comes aer weeks of criticism that...
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OpenAI will retire several models, including GPT-4o, from ChatGPT next month
OpenAI announced it will retire several models from its ChatGPT chatbot next month. GPT‑4o, which is beloved for its warm conversational style, is one of the models that will be removed from the chatbot. OpenAI said just 0.1% of users are choosing to...
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'ICE is not a law unto itself,' Minnesota judge says aer immigrant released following contempt threat
A top Minnesota federal court judge excoriated the U.S. Immigration and Customs Enforcement agency for violating nearly 100 court orders in the past month. "ICE has likely violated more court orders in January 2026 than some federal agencies have...
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Alex Pretti killing: Minnesota CEOs, including UnitedHealth, Target, call for 'immediate deescalation'
Leaders of major Minnesota-based companies, including 3M, Cargill and UnitedHealth urged an "immediate deescalation" of tensions in Minnesota aer U.S. citizen Alex Pretti was shot. The Trump administration has surged federal law enforcement as part of...
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Gov. Walz calls on Trump to halt ICE operations in Minnesota aer another fatal shooting
"Minnesota has had it. This is sickening. The President must end this operation. Pull the thousands of violent, untrained oicers out of Minnesota. Now," Minnesota Gov. Tim Walz wrote in a post on X. The victim was identified as ICU nurse Alex Pretti,...
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Databricks obtains $1.8 billion in additional debt ahead of IPO
Databricks now has access to over $7 billion in debt, a person familiar with the matter told CNBC. Investors valued the data analytics soware maker at $134 billion in a funding round announced in December. Databricks is among the highly valued...
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Intel stock falls 11% aer company oers so first-quarter guidance
Intel reported fourth-quarter earnings that beat Wall Street expectations but oered so guidance for the current quarter. The company provided guidance for first-quarter revenue and earnings per share that came in below analysts' expectations. Intel...
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Meta to begin rolling out Threads ads globally
Facebook and Instagram parent company Meta on Wednesday said it will begin to show advertising on its Threads microblogging service to all users globally starting next week. Threads has surpassed more than 400 million monthly active users, and data...
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'You'll find out,' Trump says on Greenland takeover strategy
President Donald Trump on Tuesday said "you'll find out" in response to a question of how far he'd go in his quest to acquire Greenland. Trump has long sought to acquire Greenland, the self-governing island territory of Denmark. Trump's persistent...
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Fed chief Powell to attend Supreme Court arguments on Trump bid to fire Lisa Cook
Federal Reserve Chairman Jerome Powell plans to attend oral arguments on Wednesday at the Supreme Court in a case challenging the power of President Donald Trump to fire Fed Governor Lisa Cook. Trump said in late August that he was firing Cook from the...
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Trump wants nations to pay $1 billion for permanent Board …
The Trump administration wants nations to pay $1 billion to remain on its Board of Peace, according to reports citing a dra charter for the proposed group. President Donald Trump would serve as the group's inaugural chairm…
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Labor Dept. accused of echoing Nazi slogan in social media post
The Department of Labor is under scrutiny aer posting a social media message that closely mirrors a Nazi slogan. Experts have flagged other examples of the Trump administration echoing White supremacist language, ideas or aesthetics through oicial...
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Chinese stocks slide Tech megacaps lose Trump says 'a lot' of as Trump threatens $770 billion in value federal workers are tariffs, accuses as Nasdaq suffers being laid off during Beijing of holding… steepest drop sinc… government…
Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become "very hostile." Nvidia, Amazon and Tesla all fell by...
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Tech megacaps lose Chinese stocks slide Trump $770 billion in value as Trump threatens administration as Nasdaq suffers tariffs, accuses begins layoffs of steepest drop sinc… Beijing of holding… federal workers…
Nvidia, Amazon and Tesla all fell by about 5% on Friday, pushing the Nasdaq down 3.6%, its worst day since April. The slide came after President Trump threatened to slap a “massive increase of Tariffs” on Chinese products… Chinese stocks trading in...
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Letitia James indicted after Trump called for charges against New York AG
New York Attorney General Letitia James was indicted by a grand jury in Virginia after evidence presented by a prosecutor hand-picked by President Donald Trump. Trump had recently called for criminal charges to be filed against James. Interim U.S....
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Florida man charged with intentionally setting Pacific Palisades fire in LA
Federal authorities announced that they have arrested and charged a Florida man with maliciously starting the Palisades Fire, one of the most destructive fires in Los Angeles history. Jonathan Rinderknecht, 29, of Melbourne, Florida, is charged with...
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