Tony Anderson | Digitalvision | Getty Images The average tax refund is 10.6% higher so far this season, compared to roughly the same period in 2025, according to the latest IRS filing data. As of Feb. 27, the average refund amount for individual filers was $3,742, up from $3,382 about one year ago, the IRS reported on Friday. The…
Amazon said Friday it will continue offering Anthropic’s artificial intelligence technology to its cloud customers, excluding work involving the Department of Defense. The announcement comes after the federal agency informed Anthropic on Thursday that it would label the company a “supply chain risk.” Anthropic responded by saying it has “no choice” but to challenge the…
Palantir was an outlier in a tough week for the stock market, as the provider of software and services to the U.S. government saw its stock rally 15% following the U.S. attack on Iran. The tech-heavy Nasdaq fell 1.2% for the week, pushed lower by names like Apple, Google and Micron, and other benchmarks tumbled…
U.S. President Donald Trump speaks during a round table on collegiate sports in the White House in Washington, D.C., March 6, 2026. Nathan Howard | Reuters President Donald Trump on Friday vowed to issue an executive order to “fix” what he called a “mess” in college sports created by NIL payments to football, basketball and…
The logo for the Food and Drug Administration is seen ahead of a news conference at the Health and Human Services Headquarters in Washington, DC on April 22, 2025. Nathan Posner | Anadolu | Getty Images A key U.S. Food and Drug Administration official who oversees vaccines and biotech treatments will step down from the…
U.S. President Donald Trump attends a cabinet meeting with U.S. Secretary of Defense Pete Hegseth at the White House in Washington, D.C., U.S., Dec. 2, 2025. Brian Snyder | Reuters President Donald Trump met Friday afternoon with CEOs of major defense industry companies at the White House as the war against Iran ended its first…
Vlad Tenev, Chairman and CEO of Robinhood Markets rings the Opening Bell with Robinhood Ventures Fund I at the New York Stock Exchange on March 6, 2026. NYSE Robinhood’s Venture Fund I plunged 11% in its public market debut on the New York Stock Exchange on Friday, casting doubt on investors’ appetite for riskier investment…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks dropped on Friday , capping a volatile week in the markets that pushed oil prices above $90 for the first time since October 2023. Typically,…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. David Paul Morris | Bloomberg | Getty Images Google said it will continue offering Anthropic’s artificial intelligence technology for clients, excluding for defense work, a day after Microsoft issued a similar statement to…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks fell Friday as the war in the Middle East escalated. The S & P 500 and Nasdaq were both off roughly 1% after President Donald Trump said Friday…
