Author: Editor-In-Chief
Thirty years into his career as a Mayo Clinic neurologist, Dr. David Dodick decided to make a change.As a neurologist, Dodik said he treated patients with memory loss and strokes. “Knowing that these diseases were brewing for decades before patients finally walked through the door, we felt like we could do more to optimize patient health and prevent them from coming to the hospital with strokes or memory loss,” Dodik says.Seven years ago, Dodik began expanding his research focus to preventive medicine. This includes studying the causes of chronic diseases and tailoring health recommendations to patients to ideally delay the…
In a well-produced podcast interview released this week, Ivanka Trump talked about her latest real estate project. She described it as an “incredibly beautiful 1,400-hectare private island in the middle of the Mediterranean Sea,” and described the project, which stretches five miles along Albania’s beautiful coast, as a resort and hotel. But a project backed by the US president’s daughter and son-in-law, Jared Kushner, includes plans to develop a nature preserve along the opposite coast of the island, and conservation groups say it is already damaging the beautiful area that Trump has praised. The luxury project sparked massive street protests…
These companies are trending in intraday trading. QUANTINUM — Stocks fell more than 8%. Quantinum listed on the Nasdaq market on Thursday, but received a lukewarm response and closed the day flat. Friday’s decline took the stock below its initial public offering price of $60 per share. Quantum computing stocks also fell in tandem, with Righetti Computing shares down 13% and DWave Quantum shares down nearly 12%. Consumer staples, health care — These sectors were a bright spot in Friday’s selloff as investors shunned tech stocks as a defensive part of the market. Consumer staples were last up 2%, while…
This photo shows a smartphone screen set up to display logos of major social media platforms such as Instagram, Facebook, LinkedIn, Reddit, Telegram, X, Bluesky, Tiktok, and Whatsapp.Martin Lelièvre | AFP | Getty ImagesGovernment action to ban social media platforms risks further tightening Big Tech’s grip on the industry and limiting access for small businesses, Blue Sky executives have warned.Rose Wang, Bluesky’s chief operating officer, told CNBC on the sidelines of SXSW in London on Wednesday that small open source platforms are not opposed to regulation, but smaller companies in the industry should be protected. “I support youth protection and…
New Federal Reserve Chairman Kevin Warsh arrives for the swearing-in ceremony in the East Room of the White House on May 22, 2026 in Washington, DC. Aaron Schwartz | AFP | Getty ImagesIn May, another big jobs report was released, all but eliminating the possibility of a rate cut in the near future, and in the process highlighting the difficulties of new Fed Chairman Kevin Warsh’s policy going forward.A potential rate cut was already on life support heading into Friday’s nonfarm payrolls report. But the unexpectedly large increase of 172,000 people, combined with last month’s large upward revision, further weakens…
summary Pope Leo XIV begins a week-long visit to Spain on Saturday, where he is expected to address immigration and political polarization. The first American pope will visit an immigration center in the Canary Islands and become the first pope to address Spain’s parliament. His travels show his priorities on issues such as war and immigration. AI-generated summaries were reviewed by CNN editors. Pope Leo During his first trip to the United States, from June 6 to 12, he will visit an immigration center in the country, address Spain’s deeply polarized parliament and visit Barcelona’s iconic Sagrada Familia cathedral. He…
Option traders are rushing to place bets on Michael Saylor, crypto’s most vocal evangelist. Call it a strategic rebellion.Flow around Sailors Strategy (MSTR) and our floating rate preferred stock. STRC Despite Bitcoin’s steady decline that started in mid-May, traders have turned bearish this week after being more balanced last month.On Strategy Friday, more than twice as many puts were traded as calls, and more than three times more puts were bought than calls, almost triple the average daily volume over the past month. At the time of writing, $250 of the $335 million premium traded was tied to puts.Some of…
U.S. employers announced more than 97,000 job cuts in May 2026, according to a report released Thursday by outplacement firm Challenger, Gray & Christmas.The announced layoffs are the highest for May since the start of the coronavirus pandemic in 2020, according to Challenger data. The number of layoffs this year has also increased for the third consecutive month, up from 83,387 in April, 60,620 in March, and 48,307 in February.The report, based on corporate layoff announcements, found that employers cited AI as the main reason for nearly 40% of layoffs announced in May, up from 7% in January, 10% in…
Meta Inc. CEO Mark Zuckerberg is pictured at the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R.S.D., on March 26, 2026.Tom Williams | CQ-Roll Call Inc. | Getty Imagesmeta Shares fell more than 5% on Friday after the Financial Times reported that the company could raise tens of billions of dollars in a stock offering to fund investments in artificial intelligence.The FT reports that the social media company is considering a potential stake sale following its acquisition by a rival company. alphabet announced plans this week to raise $85 billion through a stock…
President Donald Trump faces the risk that Iran could close the Bab el-Mandeb Strait if the conflict in the Middle East escalates, a scenario that would drastically reduce oil supplies to an already severely disrupted market. Bab el-Mandeb is one of the world’s trade hubs, connecting the Red Sea, Gulf of Aden, and Arabian Sea. It has served as a key relief valve for oil markets as Iranian attacks on tankers and cargo ships have sharply reduced exports through the Strait of Hormuz.After shutting down the Hormuz River, Saudi Arabia ramped up the flow of oil through its East-West pipeline,…