Author: Editor-In-Chief
Credit card debt can arise for a variety of reasons.Some people get hooked on swiping their cards for discretionary items like clothes and household items, or leisure activities like eating out or watching movies. Some people don’t have the cash to cover emergencies like car repairs or medical issues. And many Americans rely on credit cards to get by, especially as prices for essentials like gas and groceries remain soaring.Regardless of how you got there, you should be careful if you’re faced with a large debt balance or if it’s at risk of spiraling out of control. Credit cards typically…
The Google logo appears on the smartphone screen, and the European flag appears on the computer screen.Nicholas Cocobris | Null Photo | Getty ImagesEuropean regulators imposed fines google The company claimed preferential treatment for its services and received 890 million euros ($1 billion). The fine is Google’s first under the European Union’s comprehensive digital markets law, which aims to scrutinize the business practices of big tech companies in Europe. Shares of Google’s parent company Alphabet fell about 4% in premarket trading, largely reflecting investor concerns about increased AI spending outlined in the company’s Wednesday earnings report.The European Commission, the EU’s…
House Oversight Committee Chairman James Comer said Thursday that Mr. JP Morgan Chase Investment banking head Jess Staley encouraged banks to keep Jeffrey Epstein as a client despite internal red flags about the convicted sex offender.Outside of a closed-door interview with the committee, Comer, R-Kentucky, told CNBC that “there appeared to be red flags about Mr. Epstein within JPMorgan, but Mr. Staley has been on record defending Mr. Epstein and encouraging JPMorgan to retain him as a client.” “I have a lot of questions about that.”Mr. Staley served as Mr. Epstein’s private banker during his more than 30 years at…
A series of strikes by Ukraine against the warehouses of Russia’s largest online retailer could set hundreds of millions of dollars worth of inventory ablaze, sparking an online uproar among the country’s beleaguered small business owners. Over the weekend, Ukrainian drones attacked Wildberry distribution centers in Elektrostal in the Moscow region and Kotovsk in the Tambov region. A second wave of attacks hit distribution warehouses in the Krasnodar and Stavropol regions early Wednesday, while state media in southwestern Voronezh also reported that drone attacks forced the closure of a wild berry warehouse there late Wednesday and into Thursday. The attack…
Meta’s latest ad opens with a shot of a black-and-white eye, showing what people are seeing when they read countless panicked headlines about how AI will take our jobs, isolate us, and cause a global crisis. “AI will make us less connected, leading some to wonder if it will leave us behind,” the narrator says. “We couldn’t disagree more.” Suddenly, the video changes to color and shows a cycle of various people opening their eyes and smiling. We then see a couple dancing on the rooftop, pointing at the rainbow. A group of teenagers swimming in a lake. Children playing…
The European Union’s antitrust regulator announced on Wednesday that it had approved the agreement. paramount skydance acquisition proposal of warner bros discovery.The approval includes concessions from Paramount and comes as a deal in the U.S. has been delayed due to concerns raised by state attorneys general. The European Commission, the EU’s executive arm, announced that Paramount had agreed to sell its stake in a film distribution joint venture with United International Pictures in Europe to gain approval, and said it would not have a film distribution deal with Universal in Europe for the next 10 years. “These commitments fully address…
White House officials accused Chinese AI company Moonshot of gaining access. NvidiaEven though its advanced chips are prohibited by export regulations. Moonshot announced the Kimi K3 on Friday. It closes the performance gap with frontier models such as Anthropic’s Fable 5 and OpenAI’s GPT 5.6 Sol, and even outperforms them in some benchmarks. It is the largest open source model to date, with 2.8 trillion parameters representing the size of a neural network.Michael Kratsios, director of the White House Office of Science and Technology Policy, said in a post on X on Wednesday that the Chinese company “has acquired GB300-equipped…
US President Donald Trump said a civil nuclear cooperation agreement with Saudi Arabia would be “fully compliant” with the kingdom normalizing relations with Israel as part of the Abraham Accords.President Trump’s statement on Thursday, a day after announcing the deal, adds to the confusion surrounding the deal, which is already opaque and details have not yet been made public.Recommended stories list of 3 itemsend of listIn a post on his Truth social account, President Trump wrote that the deal “will be approved, but entirely conditional on Saudi Arabia joining the highly respected and successful Abraham Accords.”Saudi Arabia did not immediately…
The Mercedes-Benz logo appears on a used car for sale at a dealership in San Diego, California on November 11, 2025.Kevin Carter | Getty Images News | Getty ImagesThe Senate Commerce Committee advanced a bipartisan bill Wednesday aimed at tightening the ban on Chinese automakers from the U.S. market, despite Chairman Ted Cruz (R-Texas) warning that it could result in an inadvertent ban. mercedes benz From domestic vehicle sales.Cruz said at the time of the Automotive Modernization Act of 2026’s commission raise that the bill’s 15% Chinese ownership standard covers Mercedes-Benz because two Chinese investors together own nearly 20% of…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. If our minds aren’t already messed up thanks to wildfire smoke and Cyclospora outbreaks, we might also need to worry about red artificial intelligence agents.Stock futures are falling this morning as Wall Street declines.Here are five important things investors need to know to start their trading day.1. IrohaTuesday, July 21, 2026, at Google headquarters in Mountain View, California, USA. David Paul Morris | Bloomberg | Getty Imagesshares of alphabet and tesla Stocks are falling before the bell as companies report their quarterly results on…