Author: Editor-In-Chief
Calls to ban members of Congress and their families from trading or owning stocks continue to grow, and Democratic Representative Mike Levin of California said all elected officials, regardless of party, should agree to the measure.”No member of Congress should be allowed to take material non-public information obtained in the course of their job and use that information to trade stocks,” Levin told CNBC Washington correspondent Emily Wilkins at the CNBC CFO Council Summit in Washington, D.C., on Wednesday. “It’s outrageous,” he said.On Tuesday, Florida Republican Rep. Anna Paulina Luna filed an expulsion petition seeking to force a vote on…
South African photographer Shem Compion remembers exactly when his love affair with the Great Rift Valley began. In 2002, in his 20s and seeking adventure, Compion saved as much as he could, sold what he didn’t need and bought a Land Rover. He hit the road with a friend and headed north. They could not return home for seven months. Their journey was Compion’s first exposure to the Rift Valley, also known as the East African Rift Valley. The rift valley carves a 4,000-mile path from Botswana and Mozambique in the south, through Djibouti and the Red Sea in the…
While many venture firms seem to be focused solely on AI these days, Nexus Venture Partners is intentionally splitting its focus for its new $700 million fund. The company will support AI startups and look for India-focused startups in the consumer, fintech and digital infrastructure sectors. AI has absorbed most of the venture capital raised globally, and the 20-year-old venture capital firm also sees it as a defining technological change. But they argue that focusing on a single overheated category comes with its own risks. India’s digital economy offers a balance with an expanding market where AI adoption is on…
A trader works at his desk on the floor of the New York Stock Exchange (NYSE) after the opening bell rings on December 3, 2025 in New York. Timothy A. Clary | AFP | Getty ImagesStock futures were little changed Thursday morning as investors grew more optimistic about a rate cut in December.Futures linked to the Dow Jones Industrial Average 45 points (0.1%) added. S&P futures While floating above the flatline, Nasdaq 100 futures The decline was less than 0.1%.In after-hours trading, sales force Shares rose more than 5% after the company provided better-than-expected earnings forecasts. Five Below Shares rose…
meta The company is under EU antitrust investigation over its use of AI features on WhatsApp, as the European Union continues to step up its challenge to American tech giants.The city of Brussels said in a statement Thursday morning that the investigation will look into whether Meta’s new policy allowing AI providers to access WhatsApp could violate EU competition rules.”The claims are baseless,” a WhatsApp spokesperson told CNBC in a statement, adding that the app’s application programming interface (API) was not designed to support AI chatbots and “puts a strain on our systems.””The AI space is highly competitive, and people…
Russian President Vladimir Putin, dressed head to toe in military uniform, on Sunday received the news he had been waiting for for more than a year. Russia has captured the city of Pokrovsk in eastern Ukraine. It doesn’t matter that Kiev disputed the claim, saying on Tuesday that fighting was still ongoing in the city and that Moscow’s “bravado statements” about the capture of Pokrovsk “do not correspond to reality.” The purpose of the highly orchestrated meeting between President Putin and military leaders was to demonstrate to the world that Russia was winning in Ukraine. The Kremlin said Putin was…
Thursday’s newspaper top news and transfer rumors…premier leagueBarcelona are looking to sign Manchester United’s teenage sensation JJ Gabriel – The Sun. The Sun reports that Crystal Palace are willing to listen to offers from Jean-Philippe Mateta in the summer if they are unable to agree terms on a new contract. EFLBrentford are eyeing Coventry City ace Bobby Thomas the Sun. sprayer This content is provided by sprayercookies and other technologies may be used. To view this content, you must allow cookies. You can change the settings and enable it using the buttons below. sprayer Use cookies or allow them only…
The market has been consumed in recent weeks by concerns about tech stock valuations and the emergence of an AI bubble. But for Robert Rubin, the former U.S. Treasury secretary and former Goldman Sachs co-chairman, the market’s complacency goes much deeper than the current debate over whether a handful of growth stocks can sustain the market’s highs. In his view, debates about the current AI boom and whether it is similar to the financial crisis or the dot-com bubble are beside the point. October 1987, and the event known as “Black Monday,” is the historical comparison he wants markets to…
The head of Russia’s Security Council warned on Thursday that if the European Union used frozen assets seized to aid Ukraine, it would be tantamount to justifying war. The European Commission, the EU’s executive arm, has been considering how to use frozen Russian assets held in Europe to further support Ukraine.Dmitry Medvedev, deputy chairman of Russia’s Security Council, said the move could be tantamount to justifying war, in comments posted on Telegram and translated by Google. “If a crazy European Union tries to steal Russian assets frozen in Belgium by issuing so-called reparation loans, such an act could be classified…
The Venezuelan leader expressed hope that the phone call would be the start of a “respectful dialogue” between Washington and Caracas.Venezuelan President Nicolas Maduro has confirmed that he spoke by phone with US President Donald Trump late last month, as the US military buildup raises fears of war.President Maduro said in an interview on state-run Venezolana de TV on Wednesday that he decided to talk about his “heartfelt” call with President Trump about 10 days ago because international media had reported certain information and he wanted to avoid “microphone diplomacy.”Recommended stories list of 4 itemsend of listReferring to the late…