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President Donald Trump has positioned America’s artificial intelligence competition with China as a national security imperative, pushing to accelerate technology development and massively expand the data centers and power infrastructure needed to fuel it.But a new CNBC National Economic Survey reveals growing political tensions under that agenda. While Republican voters broadly support advancing AI development, many oppose building the vast infrastructure needed to power AI in their own backyards.Nearly 55% of MAGA supporters want companies to continue developing advanced AI while Congress works on regulation, while 27% of MAGA supporters support a moratorium. However, only 29% support locating a data…
Unrest in France has heightened investors’ concerns about the country’s fiscal outlook after borrowing costs hit their highest level since 2002 earlier this week.With further demonstrations planned, fund managers are assessing whether prolonged disruption could weaken growth, undermine confidence and make it harder for the government to implement its planned budget cuts.Ratings agency Moody’s on Friday maintained France’s credit rating at Aa3, still considered a “high grade” level, but kept its outlook on the country negative.”The negative outlook reflects the increasing risk that the fragmentation of France’s political landscape will continue to undermine the functioning of the country’s legislative bodies,”…
The U.S. Department of Justice has filed a lawsuit to delay the certification of Alaska’s Senate election results if Republican incumbent Dan Sullivan narrowly lost to Democrat Mary Peltola in the Nov. 3 midterm elections.reason? Another candidate named Dan Sullivan is also on the ballot.Recommended stories 1 List of itemsend of listThe department alleged in a lawsuit filed Thursday that Sullivan, a second former teacher who is registered as a Republican, is intentionally trying to confuse voters.The Alaska Supreme Court has already ruled that both candidates can remain on the ballot.So who are the two Dan Sullivans, and what does…
Israel began destroying buildings and forcing residents to evacuate residents in the occupied West Bank on Friday, hours after two Palestinian gunmen opened fire on an Israeli military checkpoint, killing two soldiers. Three more soldiers sustained minor injuries in the attack in Hebron, the Israel Defense Forces (IDF) said. The attack came just four days before Israel’s first elections since the Hamas-led attack on October 7, 2023, and was a major test for Prime Minister Benjamin Netanyahu, who has sought to portray himself as a security hardliner. The IDF said it had “complete siege” on the city of Hebron after…
Eric Isaacson | Tetra Images | Getty ImagesA portion of this article was published in CNBC’s Inside Wealth newsletter, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.Chief investment officers told CNBC that rising interest rates have caused family offices to become more selective about their real estate investments, with many focusing on properties with high discount rates and assets with strong pricing power.Rob Haugen of Michels Family Office said the firm is being cautious about investing in the asset class because of the uncertainty in interest rates. Mr. Haugen oversees…
Sign up for CNN Travel’s weekly newsletter, Unlocking the World. Get destination news, plus the latest information on aviation, food and drink, and accommodation. This week’s roundup of travel articles explores the realities of life on a perpetual cruise, travelers visiting the world’s most infamous destinations, and how the pandemic nearly wiped out cargo ship tourism. For centuries, cargo ships have welcomed paying passengers, making cargo ship tourism a niche but enduring industry. The golden age of tramp and banana boat navigation was the first half of the 20th century. But just before the coronavirus pandemic hit, there were still…
Travelers pass through the security line at Minneapolis-St. Paul International Airport Terminal 1 on March 23, 2026 in Minneapolis, Minnesota.Stephen Maturen | Getty ImagesFewer people are flying this year, but airline executives say that’s OK when airfares are so high.The number of people being screened at U.S. checkpoints is on an annual decline for the first time since 2020. Major U.S. airlines said earning higher fares was more important than filling planes or flying record numbers of travelers.“We are aggressively prioritizing yield over load factor and are very pleased with the results. This is a good fit for the premium…
The next generation of family office leaders are likely to borrow more, invest in more alternatives and focus on a variety of philanthropic endeavors, according to new research.Family offices are preparing for a fundamental generational shift, with baby boomers and older generations handing over the reins to Gen X and millennials, whose investments and priorities are also changing. This change could have a significant impact on the more than $5 trillion in assets managed by family offices.According to a Bank of America study, a quarter of family offices have experienced a generational change in the past 10 years, and more…
The next generation of family office leaders are likely to borrow more, invest in more alternatives and focus on a variety of philanthropic endeavors, according to new research.Family offices are preparing for a fundamental generational shift, with baby boomers and older generations handing over the reins to Gen X and millennials, whose investments and priorities are also changing. This change could have a significant impact on the more than $5 trillion in assets managed by family offices.According to a Bank of America study, a quarter of family offices have experienced a generational change in the past 10 years, and more…
Mascot | Digital Vision | Getty ImagesFor Kayleigh Harris, who works in customer service for a credit card company, her day at work now looks very different. Her time was occupied by making phone calls, taking notes, and lengthy card disclosures. Now, thanks to artificial intelligence, they can focus more on each customer, Harris told CNBC.For Shannon, too, AI changed things, but not in a good way. She works in customer service for a telecommunications company in Cardiff, Wales, but did not want to give her last name for fear of being identified by her employer. She told CNBC that…