Author: Editor-In-Chief

Has Elon Musk given up on Tesla’s master plan, the electrified economy, and solar power as we know it? SpaceX’s IPO filing released yesterday certainly seems to be the case. To summarize for those not caught up in the Musk verse, Tesla has announced four master plans over the years, and while the details vary, the consistent line has been the electrification of the economy. Musk put it best in the first edition: “The Tesla Motor’s primary purpose…is to accelerate the transition from a hydrocarbon extraction and combustion economy to a solar power economy.” But recently, one of Musk’s companies,…

Miodrag Ignjatovic | Eplus | David Paul Morris | Bloomberg | Getty ImagesU.S. consumers will pay more for everything from fuel to hot dogs and hamburgers heading into Memorial Day weekend as the Iran war reignites inflation.Federal government data released this month showed shoppers’ total inflation rose 3.8% in April from the same month last year, the highest annual rate since 2023. Travel, recreation and food prices rose particularly sharply, draining Americans’ wallets as the unofficial start of summer began.”They’re not going to be satisfied with what they see,” said Stephen Juneau, senior U.S. economist at Bank of America. “You’re…

summary Russian President Vladimir Putin has ordered retaliation after a Ukrainian drone strike on Starobilsk killed at least 12 people. President Putin accused Ukraine of a “terrorist” attack on a university dormitory, but claimed Ukraine had targeted the drone headquarters. In recent weeks, Ukraine has stepped up long-range drone attacks on Russian military facilities and targeted targets deep in Russia. AI-generated summaries were reviewed by CNN editors. Russian President Vladimir Putin has ordered retaliation for a deadly attack by Ukraine on a university dormitory in an occupied town that authorities say killed at least 12 people. On Friday, President Vladimir…

On May 23, 2026, China’s Minister of Commerce Wang Wentao held a press conference after the APEC Trade Ministers’ Meeting held in Suzhou, China.CNBC | Evelyn ChenSUZHOU, China — Just over a week after the presidents of the United States and China met in Beijing, the world’s two largest economies are sending different messages about their priorities in Asia.First, there’s the tariff.China’s economy relies heavily on exports and free-flow trade, with China accounting for about 28% of goods produced worldwide, according to calculations by CNBC based on World Bank data. Beijing’s statement on last week’s summit between Chinese President Xi…

South Korean Minister of Science and ICT Bae Kyung-hoon speaks at a memorandum signing ceremony on Monday, April 27, 2026, in Seoul, South Korea. Google DeepMind is partnering with South Korea on the country’s K-Moonshot project, which uses AI to solve complex scientific problems. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesDeputy Prime Minister Bae Kyung-hoon said South Korea must ensure that the wealth created by artificial intelligence broadly benefits the population, even as stock prices accelerate due to labor tensions at Samsung Electronics and the country’s largest semiconductor maker. In a conversation with CNBC’s Lisa Kim…

summary This spring’s wildfire situation in the United States is the worst in nearly 20 years, with nearly 30,000 fires burning since January. More than 2 million acres have burned, more than double the 10-year average. The ongoing drought, low snowfall in the West, and the development of potentially historically strong El Niño conditions could worsen the situation heading into summer. AI-generated summaries were reviewed by CNN editors. Fast-moving blazes destroyed a record number of homes in southern Georgia. One person has died and more than 600,000 acres of cattle ranches have been destroyed in the largest fire in the…

February 3, 2026 at a Walmart store in Austin, Texas.Brandon Bell | Getty Imagestwo top walmart The executives will leave the company about four months after CEO John Furner took over, according to an internal memo seen by CNBC on Friday.According to the memo, Tom Ward, chief operating officer of Walmart’s Sam’s Club warehouse chain, will step down, and Cedric Clark, Walmart’s vice president of U.S. store operations, will also leave the business. Clark’s replacement will be announced in the “coming weeks,” the memo said. It’s unclear when the company plans to fill Ward’s position. The leadership change comes after…

Stellantis CEO Antonio Filosa listens to U.S. President Donald Trump’s announcement of new fuel efficiency standards in the Oval Office of the White House in Washington, DC, on December 3, 2025. brian snyder reuterAuburn Hills, Michigan — Stellantis Chief Executive Officer Antonio Filosa said he believes there is an opportunity to expand partnerships with automakers in North America to replenish factories and expand sales, and there is potential to produce Chinese-branded cars outside the United States.Filosa said Thursday that the company “certainly” sees opportunities with Chinese automaker Zhejiang Leap Motor Technology to expand vehicle production and sales into Mexico and…

U.S. motorists will pay gas prices near four-year highs when refueling for trips over the Memorial Day long weekend, and should expect more pain this summer if the Strait of Hormuz doesn’t reopen. The average price of gasoline on Friday was $4.55 a gallon, according to AAA, an increase of more than 50% since the U.S. and Israel began their war with Iran on Feb. 28. This is the most money drivers have paid on a Friday before Memorial Day since 2022, following Russia’s full-scale invasion of Ukraine.Prices have fallen slightly since Thursday, when drivers paid the highest average amount…

Saying “no” is difficult for many people. Even if your offer doesn’t seem appealing, you still want to be polite. The standard way to show respect is to help someone understand why you’re not interested. The problem is that when you give a reason for saying no, you give the other party information that they can use to appeal again.The goal here is to say “no” clearly in a way that ends the conversation gracefully while preserving the relationship. Even if we close the door, we want to continue the conversation on our terms. We believe that saying “no” is…