In a interview Wednesday with CNBC’s Jim Cramer, CoreWeave CEO Michael Intrator brushed off concerns that the company’s deals with other artificial intelligence giants are circular investments, saying such a narrative is “fundamentally flawed.” “The reality of the situation is, really large, really important technology companies across the space are buying infrastructure to deliver it…
The Hollywood Burbank Airport air traffic control tower stands in Burbank, California, on Oct. 6, 2025. Mario Tama | Getty Images A shortage of air traffic controllers are delaying flights, the Federal Aviation Administration warned on Wednesday, as concerns grow about the effect of the government shutdown on U.S. aviation. There were half-hour delays at…
Chimneys stand among the rubble after the passage of the Palisades Fire in Pacific Palisades, California, on Jan. 8, 2025. Agustin Paullier | AFP | Getty Images Federal authorities announced Wednesday that they have arrested and charged a Florida man with maliciously starting the deadly Palisades Fire, one of the most destructive blazes in Los…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images AMD stock climbed 11% on Wednesday, continuing a massive run since OpenAI announced plans to buy billions of dollars…
People exit the the U.S. Internal Revenue Service (IRS) building in Washington, D.C., on Feb. 20, 2025. Kent Nishimura | Reuters The IRS on Wednesday said that it was furloughing nearly half of its workforce due to the ongoing government shutdown. About 34,000 IRS workers are being furloughed, according to the agency. Another 39,870 employees,…
Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over how many cuts were coming, meeting minutes released Wednesday showed. The meeting summary indicated near unanimity among participants at the Federal Open Market Committee that the central bank’s key overnight borrowing rate should be cut…
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks next to Senator Brian Schatz (D-HI) and Senator Amy Klobuchar (D-MN) during a press conference at the U.S. Capitol on the third day of a partial government shutdown, on Capitol Hill in Washington, D.C., U.S., Oct. 3, 2025. Nathan Howard | Reuters The Senate on Wednesday again…
Nvidia CEO Jensen Huang said Wednesday that he’s surprised Advanced Micro Devices offered 10% of itself to OpenAI as part of a multibillion-dollar partnership announced earlier this week. “It’s imaginative, it’s unique and surprising, considering they were so excited about their next-generation product,” Huang said in an interview with “CNBC’s Squawk Box.” “I’m surprised that…
Former FBI Director James Comey Alex Edelman | AFP | Getty Images Former FBI Director James Comey pleaded not guilty on Wednesday morning to federal criminal charges in Virginia that President Donald Trump had sought. Judge Michael Nachmanoff set Comey’s trial to begin on Jan. 5 in U.S. District Court in Alexandria. Comey’s lawyer, Patrick…
If you are planning on decorating your home for the holidays, everything from artificial Christmas trees to lights, decorative wreaths and rings, you may want to start early. One of the nation’s largest artificial Christmas tree importers is warning of limited inventory as a result of trade war tariffs, and says this will be the…
