Author: Editor-In-Chief
A worker inspects vehicle frames on the production line at electric vehicle manufacturer Zeekr’s factory in Ningbo, China, on May 29, 2025.Kevin Frayer | Getty Images News | Getty ImagesAnalysts told CNBC that the fallout from the Iran war is likely to accelerate the transition away from fossil fuels and change the way countries think about the role renewable energy can play in strengthening energy security.The Middle East crisis has significantly disrupted oil exports through the strategically important Strait of Hormuz. The Strait of Hormuz typically transports about a fifth of the world’s oil and liquefied natural gas (LNG), making…
U.S. Senate Minority Leader Chuck Schumer (D-N.Y.) speaks during a press conference after the weekly Senate Democratic Luncheon at the U.S. Capitol on March 24, 2026 in Washington, DC. Alex Wong | Getty ImagesRepublicans on Wednesday balked at a Democratic counterproposal to reopen the Department of Homeland Security. Lawmakers and the White House are racing to reach a deal before going into a two-week recess scheduled for Friday ahead of a busy U.S. travel week for spring break and Easter holidays.Senate Majority Leader John Thune told reporters on Wednesday that there was “no point” in Republicans releasing a new response…
Aston Martin is in the midst of a nightmare ahead of F1 events in Japan, the home of engine supplier Honda, and Adrian Newey’s position as team principal is also in the spotlight.Fernando Alonso and Lance Stroll have yet to see the checkered flag in the opening two Grands Prix, but Aston Martin is battling newcomer Cadillac to avoid being last in qualifying. Co-owner Lawrence Stroll said last Friday he had “set the record straight” after reports emerged that former Audi boss Jonathan Wheatley would replace Newey as team principal. “We do things differently here. We currently don’t have the…
Google announced Wednesday that it will release Lyria 3 Pro, a music generation model, one month after the release of Lyria 3. The Lyria 3 model offered tracks that were 30 seconds long, but the new model allows you to create tracks that are up to 3 minutes long. The company said the Lyria 3 Pro model offers greater creative control and customization in addition to allowing users to create longer tracks. This model understands track structure better than previous models, so users can also use prompts to specify different elements of a song, such as intros, verses, choruses, bridges,…
U.S. President Donald Trump speaks to reporters before boarding Air Force One at Palm Beach International Airport on March 23, 2026 in West Palm Beach, Florida.robert schmidt getty imagesLONDON — European stock markets ended in positive territory on Wednesday after the United States reiterated its efforts to de-escalate the war with Iran and said Tehran may allow “non-hostile” ships through the Strait of Hormuz. pan-european Stocks 600 It closed almost 1.3% higher, with all major regional stock exchanges closing in the green. House builders led the recovery, with shares in British property developer Crest Nicholson ending 10.2% higher on improved…
New Mexico continues to push for change Meta Attorney General Raul Torrez told CNBC on Wednesday after a jury decided to hold the company liable for failing to protect children on its platform.”We’re going to seek injunctive relief,” Torres said on CNBC’s “Squawk Box” about the next step in the lawsuit addressing the state’s public nuisance claims.”That means changes to the design features of the platforms themselves, real age verification, algorithm changes, independent monitors to monitor those changes, and basically requiring them to do business differently in New Mexico,” he said.A jury ruled Tuesday that Meta must pay the state…
According to Italian newspaper Sky, Roberto De Zerbi has no plans to join Tottenham or any other club before the end of the season.The 46-year-old does not want to return to football immediately after leaving Marseille last month and will wait to consider his options in the summer. This is not thought to be a concrete refusal to join Tottenham, who are interested in the former Brighton manager among a number of potential candidates for their next permanent manager. According to Italy’s Sky newspaper, regardless of the offers and clubs that contacted him after leaving Marseille, De Zerbi remains confident…
The explosion of new data center projects in the United States is fueling a backlash against the infrastructure that supports AI. Two influential politicians are currently proposing a ban on new data centers with peak power loads greater than 20 megawatts. Sen. Bernie Sanders of Vermont and Rep. Alexandria Ocasio-Cortez of New York are introducing companion bills in their respective chambers today that would halt the project until Congress enacts comprehensive AI regulations. Sanders’ office points to statements from various tech luminaries who have discussed concerns about AI and called for stricter rules or a moratorium on development. They include…
Bank of England, Royal Exchange and Duke of Wellington statue in the City of London, London, UK, February 19, 2025.Mike Kemp | In Photography | Getty Images Hello. Welcome to this week’s CNBC UK Exchange. Since the US and Israel attacked Iran, gilts (short for gold-rimmed securities, the term for British government bonds) have been sold more aggressively than many other assets.While this reflects certain factors about the UK economy and its prospects, the history books show that investors demanding a premium for holding UK government bonds over other government bonds is not a new phenomenon.dispatchFrom a UK perspective, one…
Meta CEO Mark Zuckerberg gives a speech introducing Meta’s new line of smart glasses wearing Meta Ray-Ban display glasses during the MetaConnect event held at the company’s headquarters in Menlo Park, California, USA on September 17, 2025. Carlos Barria | ReutersMeta CNBC confirmed Wednesday that it will lay off hundreds of employees.The layoffs are being made across multiple organizations within the company, including Facebook, global operations, recruiting, sales and virtual reality unit Reality Labs, said a person familiar with the company’s plans, who asked not to be identified because the information is confidential. Some affected employees have been given new…