Senator Elizabeth Warren (D-Mass.) on Wednesday pressured new Federal Reserve Chairman Kevin Worsh over his handling of the investigation into a top Fed official’s private dinner with Wall Street bankers. At a hearing held Wednesday by the Senate Banking Committee, Warren pressed Warsh for answers about the presence of Fed Vice Chair for Supervision Michelle…
Microsoft released a record number of security patches for Windows, Office and other tech product lines this week, citing the use of AI to help discover code vulnerabilities. The technology and cloud giant released patches for 570 security flaws on Tuesday as part of its monthly scheduled fix releases, which security researchers have long dubbed…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks rose Wednesday as investors got a second favorable inflation report in as many days. Before the opening bell, the June producer price index unexpectedly declined 0.3%, reflecting a…
The iPhone maker’s generic AI offering, Apple Intelligence, is coming to China. On Wednesday, Reuters informed China’s regulator, the Cybersecurity Administration of China, has approved Apple’s AI services in the country based on a deal to integrate Alibaba’s Quon AI models into Apple’s operating systems, including iOS, iPadOS, macOS and VisionOS. the deal, which was…
Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal worth about $53.4 billion. reuters The proposal was reportedly submitted earlier this month and is backed by approximately $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal, with each…
Run for Miami again? Duke’s Revenge? Reset for Clemson? Redemption at UNC? Intrigue abounds in the ACC. Source link
Prediction markets effectively allow the digital economy to turn the entire world into a gambling casino, something that no one could have imagined even 10 years ago. Source link
Acting U.S. Attorney General Todd Blanche looks on, on the day he is to testify before a Senate Judiciary Committee confirmation hearing on his nomination to be attorney general, on Capitol Hill in Washington, D.C., U.S., July 15, 2026. Jonathan Ernst | Reuters Todd Blanche defended the Department of Justice’s handling of files related to…
The Devils have signed forward Anthony Mantha to a two-year, $9.5 million contract, the team announced Wednesday. Source link
The US military launched another round of strikes against Iran on Wednesday morning, targeting the country’s island near the Strait of Hormuz, after President Trump threatened wider attacks. The US military fired precision munitions against coastal defense systems and cruise missile storage and launch sites on Greater Tunb Island, located near the strait… Source link
