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apple Shares fell more than 3% on Tuesday, a day after the company unveiled new artificial intelligence software at its annual Worldwide Developers Conference.Apple announced a new framework that lets app developers take advantage of Apple Intelligence on iPhones and Macs, as well as a new version of Siri called Siri AI based on large-scale language models. Apple also revealed that it uses a cloud model “comparable” to the so-called Frontier model, with the help of: google and Nvidia. But investors sold the news, with Apple posting its worst day since February.Analysts responded positively to Apple’s announcement, praising the improvements…

White House Border Czar Tom Homan speaks to members of the media in front of the White House on June 9, 2026 in Washington.Daniel Heuer | Bloomberg | Getty ImagesWhite House Border Patrol official Tom Homan on Tuesday criticized New York Gov. Kathy Hochul for promising a massive increase in Immigration and Customs Enforcement agents to New York City.But Homan declined to say when asked by reporters at the White House when he expected the surge of ICE agents to occur.He said, “We can expect more ICE agents to go to New York now that Gov. (Kathy) Hochul has signed…

Canadian Prime Minister Mark Carney has confirmed that the Gordie Howe International Bridge, a new six-lane thoroughfare connecting Detroit, Michigan, and Windsor, Ontario, will open by the end of this week.The announcement came despite threats to the contrary from U.S. President Donald Trump, who earlier this year promised the bridge would not open without Canadian concessions.Recommended stories list of 3 itemsend of listMr. Carney spoke briefly to reporters on Parliament Hill in Ottawa, dodging questions about his behind-the-scenes negotiations with President Trump. Instead, he focused on praising the bridge as a feat of cross-border cooperation.”It’s good news. Obviously the bridge…

Anthropic has released Claude Fable 5, the first publicly available version of its high-profile Mythos model. What can Fable actually do? Many things became clear. Ethan Mollick, a prominent AI researcher and associate professor at Wharton, has been experimenting with this model and seems to be having a lot of fun with it. In his tests, Fable consistently “outperformed basically every other publishing model I’ve used by a significant margin,” Mollick wrote on his Substack on Tuesday. He added, “This addressed many issues and produced some surprising results. It would take up to 12 hours to run on a multi-page…

Oil prices fell on Tuesday after U.S. Energy Secretary Chris Wright said there was a “very meaningful increase” in shipping traffic through the Strait of Hormuz. usa crude oil Futures fell 3.4% to close at $88.20 per barrel. brent Futures, an international benchmark, fell 2.97% to settle at $91.45.Wright did not provide specific data on how much oil spills passing through Hormuz had increased. He made the remarks during an interview with CNBC’s Brian Sullivan at the Atlantic Council Global Energy Forum. Wright said oil exports through Hormuz were increasing and “will continue to increase.” Oil prices also fell after…

Two months after Anthropic rolled out Mythos to a limited number of users, citing concerns that its artificial intelligence model could cause damage in the wrong hands, the company has announced that it is ready to release an equally powerful model to the public.Anthropic on Tuesday announced Claude Fable 5, a Mythos-class model available to enterprise customers and paid subscribers. The company said widespread release was possible thanks to new safeguards that block responses in certain high-risk areas, such as cybersecurity and biology. “For us, it’s really about what we call the ‘race to the top,’ being able to deliver…

Customers shop at Handy Market on May 14, 2026 in Burbank, California.Justin Sullivan | Getty ImagesInflation rates released Wednesday are expected to cross another uncomfortable threshold as the cost of living continues to rise for U.S. consumers.If the Wall Street consensus is correct, consumer price index inflation is expected to rise at an annual rate of 4.2%, up from an expected monthly increase of 0.5% in May. If that happens, it will be the first time since May 2023 that the CPI has exceeded 4%, and the highest since April of the same year.Of course, much of the rise in…

Rivian CEO and founder RJ Scaringe (right) speaks with longtime employee and engineer Max Koff during the company’s R2 SUV launch event on June 2, 2026 in Park City, Utah.Michael Weiland/CNBCPARK CITY, Utah — Rivian CEO RJ Scaringe is actively touring the display of the electric car maker’s new R2 SUV.The company’s founders are moving quickly from the EV’s suspension and software systems to a variety of R2 models that will soon reach U.S. consumers, including an entry-level model priced at about $45,000 that Rivian announced Tuesday will be delayed from late 2027 to next summer.But Scaringe, speaking to employees…

SpaceX founder Elon Musk addresses members of the media during a press conference announcing new developments for the reusable Crew Dragon spacecraft at SpaceX headquarters in Hawthorne, California, October 10, 2019. Philip Pacheco | AFP | Getty Imagesthere is nothing space xIPO is normal. The rocket maker aims to raise a record amount of money at a historic valuation by a wide margin, and will be led by Elon Musk, who is also the company’s CEO. teslaanother trillion dollar company. As for the structure of the stock sale, SpaceX is offering a range as is customary for IPOs, offering a…

Jeffrey Epstein’s former assistant Leslie Groff (C) arrives to testify at a closed session of the House Oversight Committee at the Capitol in Washington, DC, on June 9, 2026. Chip Somodevilla | Getty ImagesLeslie Groff, former executive assistant to notorious sex offender Jeffrey Epstein, began transcribing a closed-door interview with the House Oversight and Government Reform Committee Tuesday morning.Mr. Groff attended the committee meeting the day before. microsoft Co-founder Bill Gates is also scheduled to speak before the same committee, which has spent months interviewing various high-profile figures connected to Epstein.”I have never seen anything inappropriate,” Groff told the committee,…