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5 takeaways from Trump’s meeting with NATO chief Rutte

President Trump met with NATO Secretary General Mark Rutte at the White House on Wednesday, shortly after Treasury Secretary Scott Besant announced new sanctions on Russia’s biggest oil exporters. The move is the Trump administration’s most significant action yet to pressure Russian President Vladimir Putin to negotiate an end to his war in Ukraine. Trump…

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How costly wildfires are exposing Europe’s insurance gap

Firefighters conduct works to extinguish wildfires in Agia Paraskevi, West Attica, Greece on August 1, 2026. Anadolu | Anadolu | Getty Images As wildfires, heatwaves, and extreme weather are becoming a permanent feature of European summers, insurers warn that the region faces a growing “protection gap” as disaster recovery costs outpace insurance coverage. A gigantic…

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Why Jim Cramer thinks the AI trade is breaking up

After years of largely trading together, stocks related to artificial intelligence and the data center are starting to move in different directions, CNBC’s Jim Cramer said. “The Google complex cohort roared while the OpenAI complex got hammered. Meanwhile, the hyperscalers with great balance sheets held up much better than the ones with strained balance sheets,”…

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Big Tech and the AI investment boom in underwater cables

Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables. These cables carry government communications, financial transactions, email, video calls and streaming around the world. The first commercial telecommunication subsea cable was used for telegraphs and was laid across the English Channel between Dover, England and…

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