Energy shipments are increasingly being used as a foreign policy tool as the Trump administration attempts to hold down two blockades on opposite sides of the globe. The U.S., under the direction of President Donald Trump, has initiated a naval blockade targeting Iranian vessels in and around the strategically vital Strait of Hormuz, seeking to…
Cerebras, a producer of chips that run artificial intelligence models, will file to go public on Friday, two people familiar with the matter told CNBC. The people spoke on condition of anonymity, in order to discuss internal matters. Cerebras declined to comment. For years, Cerebras sought to sell chips to companies, but it has begun…
Kevin Warsh’s newly released financial disclosures shed light on the Federal Reserve chair nominee’s vast wealth, but also raise questions about parts of his holdings that aren’t fully revealed in the paperwork. That could be a challenge for Warsh as he seeks to overcome a legacy of ethics scandals under the current chair, Jerome Powell….
Anthropic CEO and co-founder Dario Amodei speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026. Denis Balibouse | Reuters Anthropic CEO Dario Amodei is meeting with Susie Wiles, the White House chief of staff, on Friday to discuss the company’s powerful new Mythos model that was announced earlier this…
US Treasury Secretary Scott Bessent speaks during a press briefing in the Brady Briefing Room at the White House in Washington, DC, on April 15, 2026. Brendan Smialowski | Afp | Getty Images After filing your 2025 tax return, there’s plenty of time for 2026 changes that could improve your situation for next season, experts say….
Iran on Friday declared the Strait of Hormuz completely open to commercial traffic during the ceasefire between Israel and Lebanon. “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Foreign Minister Seyed Abbas Araghchi said in a…
My top 10 things to watch Friday, April 17 1. The S & P 500 is headed for a higher open this morning after Iran declared the Strait of Hormuz open to commercial traffic during the Israel-Lebanon 10-day ceasefire. Oil prices sank more than 9%. President Donald Trump said the U.S.-Iran war “should be ending…
U.S. tech companies are ramping up lobbying of government officials at home and further afield amid the Iran war, as they look to defend their interests and map out contingency plans, industry insiders told CNBC. Conflict in the Middle East has thrown the global business sector into disarray, with oil prices skyrocketing and supply chains…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Nvidia has cemented itself at the heart of the AI boom with a monopoly on the most powerful chips to train and run models, but a growing crop of startups are set on challenging the company’s supremacy. And…
The Israeli economy is facing a significant hit to growth projections as a result of the Middle East conflict — but its central bank chief is hopeful that a rapid resolution to the wars in Lebanon and Iran can help ease the shock. Speaking with CNBC’s Karen Tso at the IMF-World Bank spring meeting in…
