Electricity prices are surging, voters are growing angry, and the artificial intelligence industry’s data centers are increasingly a target for blame with U.S. mid-term elections on the horizon. Residential utility bills rose 6% on average nationwide in August compared with the same period in the previous year, according to the U.S. Energy Information Administration. The…
Artificial intelligence is changing the way human resources leaders envision roles, skills, and experiences of their workforce, as generative AI transforms many jobs. “AI is reshaping the future of work by redistributing tasks within jobs.” Those were the words of a U.S.-based chief human resources officer in response to a flash survey CNBC circulated last…
Scott Rechler, RXR Chairman and CEO, and Bill Rudin, Rudin Management Co-Chairman, speaking at CNBC’s Delivering Alpha event in New York on Nov. 13th, 2025. Adam Jeffery | CNBC New York Mayor-elect Zohran Mamdani’s views have sparked fears that there will be an exodus of companies and capital from the city. But two of the…
President Donald Trump on Friday said that he is asking the Department of Justice to investigate relationships between notorious sex offender Jeffrey Epstein and former President Bill Clinton, JPMorgan Chase, former Treasury Secretary Larry Summers, billionaire tech investor Reid Hoffman, and others. Trump’s statement comes as he faces renewed pressure over his own past friendship…
Job seekers wait to enter the SacJobs Career job fair in Sacramento, California, US, on Thursday, Nov. 13, 2025. David Paul Morris | Bloomberg | Getty Images As the U.S. government reopens for business, Wall Street’s attention will now turn toward when critical data on employment, inflation and other economic signposts will be released. Agencies…
Swiss flag is pictured at the Harbor in Geneva, Switzerland, March 13, 2024. Denis Balibouse | Reuters The U.S. and Switzerland have reached a trade deal, U.S. Trade Representative Jamieson Greer told CNBC on Friday. Duties will be reduced to 15%, the Swiss government said in a post on X, adding that further details will…
Hedge fund manager Philippe Laffont sounded a stark warning about the state of the U.S. IPO market, arguing that the ecosystem for taking companies public has deteriorated significantly. Coatue Management’s founder and portfolio manager said the market today bears little resemblance to the vibrant IPO pipeline of prior decades. “The IPO market is completely broken…
Representation of Bitcoin cryptocurrency in this illustration taken Sept. 10, 2025. Dado Ruvic | Reuters Bitcoin dipped below $95,000 on Friday, pushing the world’s oldest cryptocurrency further into the red and continuing its four-day decline amid a broader artificial intelligence-linked stock pullback. The digital asset was last trading at $94,896.03, down 3.5% on the day….
The New Jersey Devils celebrate after Simon Nemec #17 scores the game-winning-goal in double overtime of Game Three of the First Round of the 2025 Stanley Cup Playoffs against the Carolina Hurricanes at Prudential Center on April 25, 2025 in Newark, New Jersey. Andrew Maclean | National Hockey League | Getty Images A version of…
PATNA, INDIA – OCTOBER 31: Bihar Chief Minister Nitish Kumar along with BJP national president J.P. Nadda, HAM party founder Jitanram Manjhi, RLM president Upendra Kushwaha and others releasing NDA manifesto (Sankalp Patra) ahead of Bihar Assembly Elections 2025 Hindustan Times | Hindustan Times | Getty Images The electoral victory for Indian Prime Minister Narendra…
