Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSE Circle Internet Group stock tumbled more than 5% in extended trading Tuesday after it said it would offer 10 million Class A shares to the public. Of the total stock being offered, 2 million…
E. J. Antoni, Heritage Foundation economist and former economist for the Texas Public Policy Foundation. Courtesy: Texas Public Policy Foundation Heritage Foundation economist E. J. Antoni, chosen Monday by President Donald Trump to lead the Bureau of Labor Statistics, recently floated the idea of the BLS suspending its traditional monthly jobs reports. Antoni, in an interview…
Mike Intrator, co-founder and CEO of CoreWeave, speaks at the Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images CoreWeave shares slid 9% in extended trading on Tuesday even as the provider of artificial intelligence infrastructure issued results and guidance that beat expectations. Here’s how…
Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images There’s a new company at the center of the intensifying battle between Elon Musk and Sam Altman: Apple. Musk and Altman, who helped start OpenAI a decade ago with a group of other co-founders, had a public falling out that led…
CNBC’s Jim Cramer reviewed Tuesday’s stock market action and advised investors to stay in the market despite the geopolitical environment. Otherwise, he said, they might miss out on winning sessions. “People just can’t seem to process the most important three words in the investing lexicon: ‘stay the course.’ Nobody wants to stand pat when they…
The exterior of the Smithsonian’s National Museum of American History, after the museum removed explicit reference to U.S. President Donald Trump from an exhibit about impeachment according to a spokesperson, in Washington, D.C., U.S., August 1, 2025. Annabelle Gordon | Reuters The White House told the Smithsonian Institution it will conduct a comprehensive review of…
Goldman Sachs CEO David Solomon participates in an Invest America Roundtable in the State Dining Room at the White House, in Washington, June 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Tuesday said Goldman Sachs CEO David Solomon should either replace the bank’s economist or “just focus on being a DJ,” days after…
Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter. For the full year, Cava now anticipates same-store sales growth of 4% to 6%, down from its prior range of 6%…
People shop at a supermarket in Rockville, Maryland, on July 18, 2025. Sha Hanting | China News Service | VCG | Getty Images Social Security beneficiaries may see a 2.7% cost-of-living adjustment in 2026, according to new estimates from policy experts, based on the latest government inflation data. That projected increase would be higher than…
Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., on July 23, 2025. Kent Nishimura | Reuters China has told companies to refrain from using Nvidia‘s H20 chips after the chipmaker recently received approval to resume shipping the less-advanced artificial intelligence product,…
