Buying contracts on prediction markets is just another word for “gambling,” says former Trump White House Chief of Staff Mick Mulvaney, who is leading a coalition that wants state authorities, not a federal commodities agency, to regulate that growing industry. “The simple answer is that it’s gambling. It just is,” Mulvaney told CNBC’s Contessa Brewer,…
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images OpenAI CEO Sam Altman told employees in an all-hands meeting on Tuesday that the company doesn’t “get to make operational…
Iraqi Shiites shout slogans as they carry a portrait of Iran’s Supreme Leader Ayatollah Ali Khamenei and wave Iran flags during a protest against US and Israeli attacks on Iran at a bridge leading to Green Zone where the US embassy is located, in Baghdad on February 28, 2026. Several hundred people protested against the…
U.S. Commerce Secretary Howard Lutnick sits to testify before the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing to examine a review of broadband deployment funding at the Department of Commerce, on Capitol Hill in Washington, D.C., U.S., February 10, 2026. Elizabeth Frantz | Reuters Commerce Secretary Howard Lutnick has voluntarily agreed…
President Donald Trump says combat will continue in Iran until U.S. “objectives” are complete. Those objectives and the justification for the war have remained fluid more than 48 hours into the conflict. Trump and his proxies have not been aligned on their narrative, leading to confusion about how Trump and his advisors are defining the…
Brendan Carr, chairman of the Federal Communications Commission, has told CNBC that Paramount’s bid to buy Warner Bros. Discovery is “cleaner” than Netflix’s, adding he expected it to be approved “pretty quickly.” “There’s a lot of concerns when Netflix was the potential buyer there,” Carr said on the sidelines of the Mobile World Congress in…
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images American consumers and businesses are taking most of the hit from President Donald…
Tuesday is the first moment of truth for the 2026 midterm elections. It’s the day the first polls will close to kick off a seven-month stretch of primaries that will help shape who will win the House and Senate on Election Day, Nov. 3. While Democrats are favored to win the House and Republicans seem…
President Donald Trump, left, and JP Morgan Chase CEO Jamie Dimon. Reuters JPMorgan Chase CEO Jamie Dimon said Monday that while President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering his accounts was without merit, he sympathized with the president’s anger over the episode. Trump is accusing JPMorgan and others of closing his…
Anthropic’s Claude artificial intelligence models had “elevated errors” on Monday, as the app held its spot as the most popular free app on Apple‘s App Store. Claude’s status website showed “degraded performance” on Claude Opus 4.6, its latest model released last month. In an update at 10:49 a.m. ET, the site stated that the Opus…
