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Gemini co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO on the Nasdaq Marketsite on September 12, 2025 in New York City, USA.Gina Moon | ReutersA version of this article first appeared in CNBC’s Inside Wealth newsletter by Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.The final quarter of the year is not off to a bright start, with ultra-wealthy investment firms cutting back on trading throughout 2025. Family offices made 51 direct investments in October, down 63% on an annual basis, according to data provided exclusively…
U.S. Representative Nancy Pelosi (D-Calif.) speaks on the third day of the Democratic National Convention (DNC) held at the United Center in Chicago, Illinois, United States on August 21, 2024.Kevin Worm | ReutersNancy Pelosi, the California Democrat who made history as the first female speaker of the House, said Thursday she will not seek re-election to Congress next year.Pelosi, 85, has served in the House of Representatives for nearly four decades, leading the passage of major legislation and serving as a leading figure in the opposition to President Donald Trump.”There is no greater honor for me than to be able…
The US Supreme Court has questioned US President Donald Trump’s authority to use emergency powers to impose sweeping tariffs on trading partners around the world.In a closely watched hearing on Wednesday in Washington, DC, conservative and liberal Supreme Court judges appeared sceptical about Trump’s tariff policy, which has already had ramifications for US carmakers, airlines and consumer goods importers.Recommended Stories list of 3 itemsend of listThe US president had earlier claimed that his trade tariffs – which have been central to his foreign policy since he returned to power earlier this year – will not affect US businesses, workers and…
Published November 6, 2025November 6, 2025Click here to share on social mediaShare 2shareNew York City’s next mayor, Zoran Mamdani, is expected to win amid Islamophobic attacks and become the city’s first Muslim mayor. He vowed to serve all communities and challenge US President Trump’s policies. His victory has been compared to that of London’s Muslim mayor, Sadiq Khan, an opponent of then British Prime Minister Boris Johnson. Are mayors the new resistance to right-wing governments?In this episode:Recommended stories list of two itemsend of listEpisode credits:The episode was produced by Haleemah Shah, Salih El Khalili, Diana Ferrero, and Tracy Hunt, and…
Thursday’s newspaper top news and transfer rumors…premier leagueReal Madrid have reportedly ruled out the race to sign Crystal Palace captain Marc Gehi as Liverpool and Bayern Munich are eyeing his signature – Daily Mail Manager Arsene Wenger claims Liverpool have ‘destroyed our midfield’ by using Florian Wirtz as number 10 – Daily MirrorNapoli are reportedly set to make a move for Koby Mainu in January – The SunIt has been reported that Tottenham want to give Micky van de Ven a new contract and a pay rise, reflecting the club’s recognition of the duo as one of the best duos…
Imagine walking day and night to escape gunfire. Take your child in your arms and guide them through the darkness to avoid drone attacks. No food, no water, no safe place.This is the reality for families in Darfur and across Sudan. Civilians are trapped, targeted and terrorized as the country’s brutal war enters its third year. Entire communities in El Fasher and other parts of Darfur were under siege. Those who try to escape will be attacked. Those who survive face starvation, violence, and disease.Behind these headlines are the women and children who suffer the most. Sexual violence is systematically…
Chicago Fed President Austan Goolsby on Thursday expressed hesitation about cutting interest rates further as the government shutdown disrupts key inflation data.Goolsby has advocated gradual rate cuts, but central bank officials said in an interview with CNBC that they were concerned about the lack of significant price reporting, especially after a recent upward trend in general inflation.”If there’s a problem on the inflation side, it’s going to take a long time to see it, but if the job market starts to deteriorate, you’ll see it almost immediately,” Goldsby said. “So I’m even more worried because we’re bringing forward rate cuts…
Monday, October 6, 2025, at the U.S. Supreme Court in Washington, DC. Graham Sloan | Bloomberg | Getty Images The U.S. Supreme Court heard a case Wednesday regarding the Trump administration’s “reciprocal” tariffs, with both liberal and conservative justices appearing skeptical of the legal basis for these tariffs.Following the hearing, traders at prediction market Polymarket now believe there is only a 26% chance that President Trump’s tariffs will remain in place, down from about 50% a day earlier.Markets rose after the hearing, with major U.S. indexes rebounding from Tuesday’s losses. Still, eliminating tariffs is not a clear win for stocks.If…
Alphabet Inc. Chief Executive Officer Sundar Pichai during the Bloomberg Tech Conference on Wednesday, June 4, 2025 in San Francisco, California, USA. David Paul Morris | Bloomberg | Getty Imagesgoogle is making its most powerful chips widely available, and is the search giant’s latest effort to win business from artificial intelligence companies by offering custom silicon.The company announced Thursday that its seventh-generation Tensor Processing Unit (TPU), called Ironwood, will be first introduced in April for testing and deployment, and will be available to the public in the coming weeks.Built in-house, the chip is designed to handle everything from training large…
Nadia Milleron, whose daughter Samya Stumo was killed in the crash of Ethiopian Airlines Flight 302, holds up a placard with photos of crash victims during a Senate Commerce, Science, and Transportation Committee hearing on aviation safety and the future of the Boeing 737 Max aircraft at the Hart Building in Washington, DC, on October 29, 2019.Tom Williams | CQ-Roll Call Inc. | Getty Images A federal judge in Texas dismissed the Texas criminal case Thursday at the request of the Justice Department. boeing Despite expressing skepticism about the wisdom of dropping charges over two 737 Max crashes.Some families of…