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The Latest Breaking News from CNBC

The UK Says Social Media Is Too Addictive. It's Taking Measures For Older Teens

The United Kingdom announced a digital curfew for older teens as the government continues its efforts to crack down on social media.

International Business Times · Jul 15

Stripe Wants To Buy PayPal In A $53 Billion Deal, Sending Its Shares Soaring.

PayPal shares surged Wednesday after Stripe and private equity firm Advent International submitted a joint offer worth more than $53 billion for the company that helped bring digital payments into mainstream online commerce.

International Business Times · Jul 15

Sam Altman Says Demand For ChatGPT's New Sol Model is Surging. It May Be Causing Some Issues

The capacity concerns emerged less than a week after OpenAI broadly released Sol alongside two smaller models following a limited government-reviewed rollout.

International Business Times · Jul 15

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The U.S. Approved the Export of AI Chips to China. Now A Top Trade Official Says 'Very Few' Made It.

Commerce Department official Jeffery Kessler told lawmakers that shipments of Nvidia's H200 processors have remained minimal despite export licenses being issued earlier this year.

International Business Times · Jul 15

Inflation Rose Less Than Expected Last Month. Now a Top Trump Official Says The Fed Must Act Accordingly

National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June.

International Business Times · Jul 15

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'

In a notable pivot, Warren Buffett is now directing his stock donations from Berkshire Hathaway to his children's charitable foundations. He acknowledged that Bill Gates' controversial relationship with Jeffrey Epstein played a role in his choice. Accelerating his wealth distribution strategy, Buffett aims to complete this endeavor by 2034, with…

The Economic Times · Jul 15

Warren Buffett on Berkshire Hathaway's Game-Changing Google Investment: It Was Me.

Warren clears the air on exactly who initiated the purchase of Alphabet for Berkshire’s legendary equity portfolio.

Barchart · Jul 15

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Fox’s Laura Ingraham rages over ranking of America’s ‘worst states to live in’

‘The Ingraham Angle’ host called CNBC’s list a ‘blatant effort to denigrate more conservative states’

The Independent UK · Jul 15

Buffett's $6 billion annual gifts skip Gates foundation after Epstein ties disclosed

Warren Buffett has redirected his annual donations away from Bill Gates' foundation. He will now donate approximately six billion dollars to his family's foundations. Buffett plans to give away his remaining Berkshire Hathaway stock by 2034. This decision accelerates his previous plan for distributing his vast fortune. Gates' foundation acknowledged…

The Economic Times · Jul 15

Ohio Cut Red Tape. Now Its Business Sector Is Thriving.

America's most business-friendly states are proof that permitting reform works. Still, they have a bad habit of handing out tax breaks to favored industries.

Reason · Jul 14

The World Cup's Biggest Spending Boom Didn't Happen at Kickoff. It's Happening Now

After weeks of uncertainty over bookings, economists and travel analysts say the World Cup is now producing the kind of spending surge many local businesses had anticipated before kickoff.

International Business Times · Jul 14

Buffett Plans to Give Away More in Next 8 Years — Are Trump Accounts Next on His List?

Billionaire Warren Buffett is known for many things, whether its his decades leading Berkshire Hathaway (NYSE:BRK)(NYSE:BRK), his investing wisdom or his philanthropic efforts.

Benzinga · Jul 14

Warren Buffett omits annual donation to Bill Gates’ foundation after his Epstein ties were disclosed

Billionaire Warren Buffett omitted Bill Gates′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein

The Independent UK · Jul 14

China's AI Race Is Producing New Winners. Goldman Sachs Says A Few Models Are Pulling Ahead.

China's rapidly expanding artificial intelligence sector is beginning to produce clear leaders as companies compete to improve large language models and expand enterprise adoption.

International Business Times · Jul 14

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The Economic Times · Jul 14

Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for India

Strait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has sparked a sharp rebuttal from Iran and raised fresh concerns over oil prices, global trade and India's economy. Here's what international law says, why the UN opposes…

International Business Times · Jul 13

Wall Street Poised For Strong Q2 Earnings As SpaceX IPO, Market Volatility Drive Growth

JPMorgan, Goldman Sachs and other big banks are poised for strong Q2 earnings, fueled by the SpaceX IPO, Iran war-driven market volatility and a recovery in commercial lending.

International Business Times · Jul 13

Meta Has Been Looking to Expand Its AI Capabilities. It Has Now Announced Plans on Invest $50 Billion on a New Data Center.

Meta is dramatically expanding its largest artificial intelligence infrastructure project, increasing the planned investment in its Hyperion data center in rural Louisiana to more than $50 billion.

Benzinga · Jul 13

Forget Interest Rates: Bank Earnings Could Reveal the Next Catalyst for Financial ETFs

For the past two years, investors have largely viewed bank stocks and financial ETFs through the lens of interest rates. But as second-quarter earnings begin, that narrative is changing. Strong trading revenue, a rebound in investment banking, record IPO activity and improving commercial lending are emerging as the sector’s primary…

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International Business Times · Jul 13

AI Is Reshaping The Job Market. Most Workers Now Want A Share Of The Wealth.

A new national survey has found broad support for a public AI wealth fund as concerns over automation and tech layoffs continue to grow across the United States.

International Business Times · Jul 13

Tech Executives Say AI Demand Remains Strong as Businesses Shift. 'Tokenmaxxing' Has Given Way To 'Valuemaxxing'

Leaders in the AI industry argue that investors are becoming more strategic about where they deploy AI and how they measure its return on investment after recent volatility in semiconductor stocks.

International Business Times · Jul 13

The Stock Market Keeps Climbing. But the U.S. Economy is Moving at a Slower Pace

The U.S. stock market is thriving with record accomplishments. At the same time, the economy appears to be slowing down.

International Business Times · Jul 13

Major Tech Companies Are Betting on Agentic AI. Kraken is Rebuilding Its App Around It.

Kraken is the latest tech company to place its bets on agentic artificial intelligence. The cryptocurrency exchange company announced that it plans to restructure its entire flagship app around agentic AI.

International Business Times · Jul 13

Trump Released His 2025 Financial Disclosure. Now Democrats Want An Investigation Into His Crypto Holdings

A group of five senior Senate Democrats is renewing the push for congressional hearings into President Donald Trump's cryptocurrency business interests.

International Business Times · Jul 13

TSMC's AI Boom Keeps Breaking Records. Chip Demand Shows Little Sign Of Slowing.

TSMC's latest revenue figures add to evidence that investment in AI infrastructure continues to drive growth across the global semiconductor industry.

International Business Times UK · Jul 12

Trillion-Dollar Panic? Elon Musk Abruptly Halts Live TV Appearance as Fresh SpaceX Concerns Mount

Elon Musk abruptly postponed a live CNBC interview just before airtime, ducking questions on SpaceX's market debut, Tesla and his Grok AI model as investors hunted for clues.

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