AI companies admit they’re worried about a bubble

Eakarat Buanoi | Istock | Getty Images LISBON, Portugal — Top tech executives told CNBC they’re concerned about a bubble forming in the artificial intelligence sector, underscoring growing unease within the industry over soaring valuation. In recent weeks, markets have been reckoning with the notion that too much capital is pouring into the AI boom,…

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Trump tariffs help push U.S. beef prices higher

President Donald Trump is blaming the meat packers and U.S. cattlemen for rising beef prices, but the tariffs on beef from Brazil, Australia, New Zealand, Uruguay, feed, farm equipment and machinery are all adding to the price surge. The United States is a big buyer of Australian, Brazilian, and New Zealand beef exports. Brazil is…

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China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that combines traditional Sichuan-style architecture with modern luxury retail, on October 18, 2025, in Chengdu, China. Cheng Xin | Getty Images News | Getty Images China’s slowdown worsened in October, dragged by soft consumer demand and…

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Nikkei 225, Kospi, Nifty 50, China retail sales

Tourists visit the Nanjing Road Scenic Area in Shanghai, China, on October 20, 2025. Nurphoto | Nurphoto | Getty Images Asia-Pacific markets slid Friday, tracking losses on Wall Street, as technology stocks continued to come under pressure and Fed rate-cut doubts swirled. Japan’s benchmark Nikkei 225 index lost 1.85%, while the Topix slid 1.03%. Tech…

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Goldman Sachs backs Kathy Ruemmler

Kathy Ruemmler, former White House Counsel, appears on “Meet the Press” in Washington, D.C., Sunday, June 29, 2014. William B. Plowman | NBC Newswire | NBCUniversal | Getty Images Goldman Sachs on Thursday strongly backed its top lawyer, Kathy Ruemmler, a day after a congressional committee released her chummy emails with notorious sex offender Jeffrey…

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Under Armour splits with Steph Curry

Stephen Curry #30 of the Golden State Warriors looks on during the game against the Sacramento Kings during the 2024 Play-In Tournament on April 16, 2024 at Golden 1 Center in Sacramento, California.  Rocky Widner | National Basketball Association | Getty Images Under Armour and Stephen Curry have mutually agreed to end their 13-year partnership…

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