As the political landscape in the UK shifts, tensions are mounting within the Labour Party, highlighting the delicate balance of power in British politics. With the resignation of former Health Secretary Wes Streeting and growing calls for Prime Minister Keir Starmer to step down, the conversation around leadership and vision for the future is intensifying….
WASHINGTON (AP) — When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. Now, as Powell steps down from the post after eight tumultuous years, the U.S. economy is transformed: Inflation soared after…
TechTechFrom lines like “the good of humanity” to the “directionally very bad,” Altman’s defense was decent work—if you can trust it Getty Images/Ringer illustration By Katie BakerMay 15, 10:30 am UTC • 11 min This week, OpenAI cofounder and CEO Sam Altman sat on the witness stand in a federal courtroom in Oakland, California, and…
The Strait of Hormuz, a vital corridor in global energy transportation, has become a focal point of geopolitical tensions, stirring concerns over potential escalations among major players. Amidst this backdrop, heightened maritime activity marks the region, imposing both risks and opportunities as countries navigate the complexities of diplomacy and security. Coverage by ZezapTV provides an…
The ebb and flow of political loyalty within the Republican Party has been profoundly affected since Donald Trump’s ascent to the presidency, marking a shift that continues to reverberate throughout the party. Congressman Thomas Massie represents a unique case in this landscape, standing as one of the last remaining dissenters willing to challenge the status…
Long Island Rail Road and NJ Transit service to Penn Station remained severely strained Friday morning due to an ongoing transit meltdown caused by an East River tunnel fire a day earlier, officials said. The MTA reported the LIRR was running “extremely limited” service into the station during the morning rush, and cancelled all eastbound…
May 15 (Reuters) – Gemini Space Station shares surged more than 20% in premarket trading on Friday after the cryptocurrency exchange reported a smaller-than-expected quarterly loss and its founders injected $100 million into the business. Shares of the New York-based company were priced at $28 in their IPO, but have since lost ground, closing at…
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks on Friday announced another round of corporate layoffs and said it plans to shutter some regional support offices as part of…
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been…
To that end, Honda says it will launch 15 models with a new generation of hybrid powertrains by 2030, with most of them destined for here in North America. Yes, that includes a full-size SUV to compete in the D-segment with vehicles like the Toyota Sequoia or Chevrolet Suburban. Honda is targeting a 10 percent…
In a vivid display of public sentiment, central London was transformed into a battleground of ideologies this week, as tens of thousands gathered for two significant protests—one commemorating Nakba Day in solidarity with Palestine, and another orchestrated by far-right elements. The juxtaposition of these events underscores the ongoing tensions surrounding issues of national identity, immigration,…
The Food and Drug Administration’s recent decision to withhold approval of a new skin cancer treatment fell like a hammer on doctors who treat melanoma and patients who saw that the drug had prolonged the lives of a third of the participants in a clinical trial. “It was devastating news,” said Trisha Wise-Draper, a dermatologist…
In this article MSFT GOOGL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE), in New York City, U.S., April 29, 2026. Brendan McDermid | Reuters Bill Ackman’s Pershing Square has built a position in Microsoft, as…
Fish farm nets on the East coast. Shaunl | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Equity Group Investments, backed by the family of…
NEW YORK (AP) — Workers on New York’s Long Island Rail Road are on strike, union officials said early Saturday, paralyzing the busiest commuter rail system in North America. Labor unions representing about half the system’s workers announced the walkout after negotiations with the Metropolitan Transportation Authority ended Friday without a new contract. The five…
In this article STLA F GM Follow your favorite stocksCREATE FREE ACCOUNT The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — As artificial intelligence expands, it threatens to exacerbate a growing trend for America’s largest automakers: the elimination of white-collar workers….
As the excitement builds for the upcoming 2026 FIFA World Cup in Mexico, a major disruption looms on the horizon. Thousands of teachers have united in a significant demonstration in Mexico City, demanding higher wages and vital reforms in their education system. This movement highlights the complex intersection of sports and social justice, reminding us…
President Donald Trump personally bought and sold millions of dollars worth of stock in technology companies and government contractors early this year, according to new government records. The Trump administration directly regulates some of these companies and many of these trades coincided with favorable regulatory decisions. Trump purchased $1 million to $5 million dollars worth…
US stocks sank on Friday, retreating from record highs as rising bond yields and inflation worries preyed on markets and investors were gauging the success of the Trump-Xi summit in China. The tech-heavy Nasdaq Composite (^IXIC) slid 1.5%, dragged lower by a 4% decline in Nvidia (NVDA), which reports earnings next week, and pressure on…
The ongoing tension in the Middle East continues to surface in unsettling incidents that highlight the complex dynamics on the ground. Recently, an incident near the village of Beit Iksa in the occupied West Bank has drawn attention, as a Palestinian farmer was subjected to an alarming act of aggression by an armed Israeli settler….
As the global political landscape continues to evolve, the relationship between Russia and China has emerged as a pivotal alliance that reflects deeper strategic coordination. Recently, the Kremlin announced that President Vladimir Putin will visit Beijing to commemorate the longstanding partnership with President Xi Jinping, emphasizing a mutually beneficial collaboration that stands resilient against external…
In a significant political statement, Spanish Prime Minister Pedro Sanchez has announced Spain’s boycott of the Eurovision Song Contest due to Israel’s involvement, emphasizing that inaction in light of ongoing conflicts is unacceptable. By addressing the plight of Palestinians in Gaza and the situation in Lebanon, Sanchez’s comments resonate deeply within a larger global dialogue…
Knowledge is power, so here’s how to find power-gobbling data centers near you. Knowledge is power, so here’s how to find power-gobbling data centers near you. May 14, 2026, 5:40 PM UTC Gaby Del Valle is a policy reporter at The Verge covering surveillance, the Department of Homeland Security, and the tech-right. When Oregon resident…
Thank you for the opportunity to speak to you today.1 There has been a lot of discussion of late about reducing the size of the balance sheet of the Federal Reserve to reduce our “footprint” in the financial system. I think it is important to frame the discussion, first by being clear about the nature…
Attorneys delivered closing arguments in the Musk v. Altman trial on Thursday in a final attempt to convince a judge and jury that their respective clients, Elon Musk and Sam Altman, are the most well-intentioned, truth-telling stewards of OpenAI’s founding nonprofit mission. A judgement could be delivered as soon as next week, ending a decade-long…
Cerebras Systems (CBRS 10.08%) just pulled off the biggest U.S. tech initial public offering (IPO) since Snowflake made its debut in 2020. The artificial intelligence (AI) chipmaker priced its shares at $185 on Wednesday evening, above its already-raised range of $150 to $160. The deal raised $5.55 billion and valued the company at about $56.4…
Traders work during the Hawkeye 360 Inc. initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 7, 2026. Michael Nagle | Bloomberg | Getty Images Stocks fell on Friday, bogged down by losses in technology stocks and a rise in U.S. Treasury yields, after a summit…
In the ongoing complexities of the Middle East conflict, recent escalations have drawn international attention once more, highlighting the delicate situation faced by the civilian population in Gaza. With the backdrop of air strikes and casualties reported, the narrative surrounding these conflicts often overlooks the broader implications on peace and regional stability. The actions of…
New York — Nearly a year after Trump Mobile started taking $100 deposits and a few days after its website updated to say delivery was “conditional,” the gold-plated Trump Phone will begin shipping this week, the company announced. The $499 Trump Phone, officially known as the Trump Mobile T1 and strongly resembling a Chinese phone that…
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In this article TM F GM TM Follow your favorite stocksCREATE FREE ACCOUNT The exterior of a BYD electric vehicle showroom, operated by Schiller Auto, in Budapest, Hungary, on May 27, 2024. Bloomberg | Bloomberg | Getty Images As President Donald Trump meets Chinese President Xi Jinping this week, lawmakers in both parties are warning…
Unfortunately, Musk v. Altman jurors didn’t get to see the trophy for themselves. Unfortunately, Musk v. Altman jurors didn’t get to see the trophy for themselves. May 14, 2026, 8:59 PM UTC Elizabeth Lopatto is a reporter who writes about tech, money, and human behavior. She joined The Verge in 2014 as science editor. Previously,…
On Thursday, Cerebras Systems (CBRS 10.08%) soared 68.2% in its debut on the Nasdaq stock exchange. The artificial intelligence (AI) chipmaker’s initial public offering was the largest IPO in 2026 so far. That title, however, may be lost if Elon Musk’s SpaceX goes public this year, as widely expected. Here’s what investors should know. Cerebras’…