China has taken a bite out of the U.S.’s lead in artificial intelligence. The country has nearly closed its gap to the U.S. in AI bot performance, while continuing to best global competition in number of patents, publications, and rollout…
The common milestones of the American dream once came in rapid succession. Couples would get married, buy a home, and have kids. But low inventory, skyrocketing mortgage rates, and stagnating wage growth have scrambled those milestones for some. The National…
The 65-year-old cofounder and former CEO of the world’s largest streaming service announced on Thursday that he won’t stand for reelection to the board at the company’s annual shareholder meeting in June, ending a 29-year run at the company he…
The S&P 500 punched through 7,000 to a fresh all-time high. Goldman Sachs posted its second-highest quarterly revenue on record. Morgan Stanley’s equities desk set a record of its own. JPMorgan, Bank of America, and Citigroup all notched records in…
Joe McCann got into crypto trading and, within two years, he seemed to have it made. McCann’s fund Asymmetric raised money in 2022 from the likes of Marc Andreessen and Circle and, during the crypto boom period that marked Donald…
Hong Kong’s AI IPO boom produces its latest entrant today, as design AI startup Manycore Tech begins trading after seeking up to 1.02 billion Hong Kong dollars ($130 million) in funding, becoming the first of China’s six celebrated “Little Dragons”…
FIFA President Gianni Infantino said Wednesday that Iran will participate in the World Cup “for sure” despite its war with the United States. Speaking at CNBC’s Invest in America Forum, Infantino said it is important that Iran participates in the World…
President Donald Trump’s war of words with Pope Leo XIV has earned a strong rebuke from leading Catholic Church figures at home, and has threatened to splinter a voting bloc he dominated in 2024. Catholic bishops and leaders from across…
Former Virginia Lt. Gov. Justin Fairfax, a rising star in the Democratic Party before his career was derailed by sexual assault allegations six years ago, killed his wife before killing himself, police said Thursday. Fairfax, 47, and his wife, Dr.…
More than 600 million people watched the moon landing live in 1969. When NASA’s Artemis program returned astronauts to the lunar surface, an estimated 27 million tuned in, even as the world’s population had doubled. The shared cultural experience, the…