Larry Summers Cameron Costa | CNBC Former Treasury Secretary Larry Summers said Monday that he was stepping back from all public commitments amid fallout from the release of emails between him and sex offender Jeffrey Epstein. “I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for…
Sen. Bill Cassidy on Monday proposed replacing enhanced Affordable Care Act premium tax credits with pre-paid health savings accounts. The Louisiana Republican’s proposal comes as lawmakers scramble to find a remedy for skyrocketing costs of Obamacare health insurance premiums. The boosted ACA tax credits, which this year have lowered the cost of Obamacare plans for…
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at…
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 31, 2025. Kim Soo-hyeon | Reuters Arm on Monday said that central processing units based on its technology will be able to integrate with AI chips using Nvidia’s NVLink Fusion technology. The move will make…
Govini founder Eric Gillespie urged a person who he believed to be a dad offering his 10-year-old daughter to be sexually abused to use encrypted chat platforms, a Pennsylvania criminal complaint alleges. “Signal is safer for er small talk,” Gillespie wrote to the purported father, who was actually an undercover law-enforcement agent, according to a…
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. Market update: Stocks are trading lower Monday, extending the market’s recent struggle to find its footing. Concerns about stretched valuations, particularly in the technology sector, along…
A bipartisan super PAC launched by a slew of artificial intelligence leaders has picked its first target: a Democratic congressional candidate who helped lead an effort to put safety measures on the AI industry. Alex Bores, a New York State Assembly member, has pushed “ideological and politically motivated legislation” that would “handcuff” the nation’s edge…
Actor-entrepreneur Mark Wahlberg paid $37 million for a fully furnished mansion in Delray Beach, Florida, last month. The deal piqued interest and prompted coverage from TMZ to Architectural Digest, with most of the focus on the celebrity buyer. But aside from the name recognition, the home’s skyrocketing price over the past five years also makes…
FILE PHOTO: Former FBI Director James Comey testified in front of the Senate Intelligence Committee in the Senate Hart building on Capitol Hill, on Thursday, June 8, 2017. Cheriss May | Nurphoto | Getty Images A federal magistrate judge on Monday raised the possibility that the criminal indictment against former FBI director James Comey on…
Jensen Huang attends a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James’ Palace in London, Brirain, Nov. 5, 2025. Yui Mok | Via Reuters Nvidia CEO Jensen Huang revealed in October that his company has $500 billion in orders, in 2025 and 2026 combined, for its chips that are at the…
