Valentinrussanov | E+ | Getty Images Women tend to save more of their paycheck for retirement than men, but still trail them in 401(k) account values, new research shows. The average 401(k) balance among men in 2025 was $194,597, compared with $146,476 for women, according to Vanguard’s new 2026 How America Saves report, which looks…
Elon Musk‘s xAI is a “failure” that will be unable to compete on the frontier of artificial intelligence, Yann LeCun, founder of AMI Labs, told CNBC, as he laid out his view on what could cause a “big bubble explosion” in the industry. LeCun’s comments renew a long-running spat with Musk and cast doubt over…
U.S. President Donald Trump attends a press conference during the G7 Leaders’ Summit on June 17, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty Images News | Getty Images President Donald Trump on Thursday lashed out at criticism over the terms of the interim U.S.-Iran peace deal, saying those who think he hasn’t been tough…
Intel‘s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S. “Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories,” Trump said in a post on Truth…
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | Reuters It will take weeks to clear the backlog of ships in the Strait of Hormuz, industry executives and shipping experts have warned, as the critical waterway is set to reopen. Oil prices initially dipped below $80 per barrel…
A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways told CNBC on Wednesday that it will close its flight attendant base at Newark Liberty International Airport in New Jersey and tech operations…
Imen Ben Youssef | Afp | Getty Images Oil prices declined Thursday after President Donald Trump reportedly signed a deal with his Iranian counterpart Masoud Pezeshkian to end the war in the Middle East, while the International Energy Agency flagged a supply glut next year. International benchmark Brent crude futures for August dropped 1.13% to $78.65 a barrel. U.S. West…
Samuel Boivin | Nurphoto | Getty Images Google’s vice president of engineering and a co-lead of its Gemini AI models Noam Shazeer announced Wednesday that he was leaving the company to join OpenAI. “I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there,” Shazeer said in…
SHENZHEN, CHINA – APRIL 12: A Chinese national flag is seen in the foreground with container ships, cranes, and stacked shipping containers at the Yantian International Container Terminal under cloudy skies, on April 12, 2025 in Shenzhen, China. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty Images Foreign governments, Wall…
Statues of people and a bull are seen next to the logo of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. Francis Mascarenhas | Reuters India’s largest bourse, the National Stock Exchange, has filed papers for an initial public offering, which is expected to be among the largest listings this year in…
