Fisayo Che, the founder of fashion brand Elisamama, counted on Saks for more than half of her business. The company's bankruptcy has left her questioning a yearslong partnership. Courtesy of Fisayo Ch...
Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...
Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
OpenAI shared an example of an ad in ChatGPT. OpenAI OpenAI is officially preparing to test ads in ChatGPT. The move comes as the AI company looks to increase revenue amid $1.4 trillion in spending co...
Expanding the CFTC’s authority would require new staff, technical expertise, and data systems as the agency’s workforce continues to shrink....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
US president says moving National Economic Council director to lead the central bank would be a ‘serious concern for me’...
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
Today, I am sitting in the courtroom that may decide the fate of Android. Epic CEO Tim Sweeney is here. Google Android boss Sameer Samat is here. Together, they'll try to convince Judge James Donato t...
The rampage of the vigilantes is running through Greenland to the US....
Donald Trump's second term in the White House has tested China's tit-for-tat approach in response to the the US president's trade war. While stiff competition remains moving forward, there are signs o...
Article URL: https://www.cnbc.com/2025/10/03/the-wealth-of-the-top-1percent-reaches-a-record-52-trillion.html Comments URL: https://news.ycombinator.com/item?id=46650807 Points: 9 # Comments: 1...
Pickup trucks and SUVs continue to top the sales charts in the United States, while a few affordable sedans hang onto the remaining spots....
Germany's GDP grew 0.2% in 2025, ending a run of two consecutive years of recession, new figures show. The justice minister wants to combat the misuse of AI to create sexualized images. DW has more...
US President Donald Trump gave a long-awaited speech at the World Economic Forum in Davos on the US economy, while addressing Greenland, NATO and lambasting US allies. He said he does not want to use ...
Millions are at risk of losing health insurance without Affordable Care Act subsidies. The Washington Post/The Washington Post via Getty Images 1.4 million fewer Americans enrolled in ACA marketplace ...
The first big outage of 2026 is here, as Verizon customers across the US, including several of our phones, complain that service has been spotty or nonexistent since just after noon ET, with phones sw...
AI cybersecurity is a top concern for some execs right now. Donato Fasano/Getty Images Business leaders at the World Economic Forum highlight AI security as a top concern. Executives like Raj Sharma a...
Ubisoft has announced a sweeping company restructure that will result in the cancelation of six games including its Prince of Persia: Sands of Time remake, and a delay to a further seven titles. Two U...