The Donald J. Trump and John F. Kennedy Memorial Center for the Performing Arts on May 16, 2026 in Washington, DC. Al Drago | Getty Images News | Getty Images A federal judge on Friday barred President Donald Trump from adding his name to that of the Kennedy Center, as he did in late December,…
Artificial intelligence is turning out to be far more expensive than anyone expected, and CFOs at major U.S. companies are now facing a brutal new trade-off: tokens or humans. That was the picture two enterprise AI CEOs at the center of the buildout described to CNBC this week. Their accounts of what’s happening inside the…
A mail-in ballot featuring California’s Proposition 50 is seen in this illustration taken in Encinitas, California, U.S., October 21, 2025. Mike Blake | Reuters The U.S. Postal Service proposed new rules Friday that would require states to provide voter-level data on mail-in ballots in federal elections, one day after a federal judge declined to immediately…
Former U.S. Attorney General Pam Bondi (C) arrives to testify at a closed-door interview with the House Oversight Committee on Capitol Hill on May 29, 2026 in Washington, DC. Andrew Harnik | Getty Images Former Attorney General Pam Bondi on Friday defended the Department of Justice‘s handling of the release of files about notorious sex…
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on May 27, 2026. Kent Nishimura | AFP | Getty Images President Donald Trump on Friday morning said he is meeting in the Situation Room “to make a final determination” after listing everything that Iran…
A federal judge in Virginia on Friday temporarily blocked the Department of Justice from taking any further action to create, fund, or spend money from its so-called Anti-Weaponization Fund as a lawsuit challenging it proceeds. The DOJ said earlier this month that it was creating the $1.8 billion fund as part of a settlement of…
The European Union is looking to “intensify” discussions with the U.S. administration on the most advanced AI models, including those with “cyber capabilities,” a Commission official told CNBC. Anthropic’s powerful Mythos model, announced in April, sent governments and businesses into a frenzy, prompting a wave of concerns about AI-powered cyberattacks. That same month, the Wall…
Ives’ comments come as part of a wider prediction for the Nasdaq to top 30,000 points by 2027, reiterating his call from earlier interviews with CNBC. Source link
Global oil prices have tumbled by around 20% from 2026 highs as investors have grown increasingly optimistic on prospects for a long-lasting ceasefire deal between the U.S. and Iran, which would unlock shipping through the Strait of Hormuz. Brent crude was down 1.2% on the final trading day of the month, at $92.56, as of…
Air taxi makers have hyped science fiction-like flying cars for years. But as that dream inches closer to reality, legal squabbles are clouding that momentum. Last year, Joby Aviation sued Archer, accusing the rival air taxi maker of “corporate espionage” and using stolen information to interfere with a real estate developer deal. Weeks later, Archer…
