Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations and posted year-over-year sales growth of 8.2% as the retailer attracted more digital sales and opened new locations. The warehouse club does not share a…
Lindsey Halligan, outside of the White House, Aug. 20, 2025, in Washington. Jacquelyn Martin | AP President Donald Trump is pressing to get Lindsey Halligan confirmed as U.S. attorney for the Eastern District of Virginia, weeks after criminal cases against his foes James Comey and Letitia James were dismissed because of Halligan’s involvement in their…
Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy…
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…
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy pose for a picture with European leaders following a meeting in the Oval Office at the White House on August 18, 2025 in Washington, DC. Win McNamee | Getty Images While it’s been clear to Europe for some time that U.S. President Donald Trump is not…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Chris Miller, author of the book “Chip War,” warned three years ago that the balance of modern power hinges on a semiconductor supply chain crossing…
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets traded mostly higher on Wednesday as investors awaited inflation data from China later in the day and an interest rate decision from the Federal Reserve. Traders are looking…
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images U.S. cattle ranchers will soon have a new…
Nvidia shares were not doing much on Tuesday as Wall Street failed to see the bigger picture of how the company can benefit from finally getting the green light from the U.S. government to sell its second-best chips in China. After Monday’s close, President Donald Trump said on social media that Nvidia will be allowed…
China has resumed buying U.S. soybeans, but still lags goals set by a trade agreement with President Donald Trump, an NBC News analysis found. China previously was a top buyer of U.S. soybeans, but last spring stopped purchasing American soybeans because of a trade war launched by Trump. The country resumed purchasing soybeans in October…
