A Deere & Co. tractor in front of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images Republican lawmakers are appealing to President Donald Trump for more farm relief and aid for agricultural equipment manufacturers amid his tariff blitz, even as the…
U.S. President Donald Trump participates in a roundtable discussion with business leaders at the White House in Washington, D.C., U.S., Dec. 10, 2025. Jonathan Ernst | Reuters President Donald Trump on Wednesday said the Federal Reserve‘s latest decision to cut benchmark interest rates by a quarter percentage point could have been “at least doubled.” Trump,…
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $2.26 adjusted vs. $1.64 expected Revenue: $16.06 billion vs. $16.21 billion expected With respect…
A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers. “I think…
US President Donald Trump speaks during a roundtable discussion in the Roosevelt Room of the White House in Washington, DC, on Dec. 10, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. forces on Wednesday seized an oil tanker off the coast of Venezuela, President Donald Trump said. “We’ve just seized a tanker on the…
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between…
Halfpoint Images | Moment | Getty Images Millions of student loan borrowers whose payments are paused may soon have to start paying, under a Trump administration proposed settlement announced this week. Experts say the timeline could be short, and borrowers need to start planning. The agreement centers on borrowers who signed up for the Biden…
Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday responded to a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has…
Oracle CEOs Clay Magouyrk and Mike Sicilia sit down with CNBC’s David Faber on Oct. 13, 2025. CNBC It’s been a rollercoaster year for Oracle investors, as they try to assess the strength of the software giant’s position in the artificial intelligence boom. The stock is up more than 30% for the year even after…
The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched…
