Author: Editor-In-Chief
The prospects for quick Senate confirmation of Federal Reserve Chairman nominee Kevin Warsh were as bleak as the weather in Washington on Thursday, as he met with more senators to improve his chances.”Today doesn’t seem like a very good day,” Warsh quipped to a CNBC reporter in the Hart Senate Building on his way to a meeting with Sen. Mike Rounds (R.S.D.) as heavy rain poured down outside.When asked how the meeting was going, Warsh said: “Things are going well. I’m glad to see you.”Warsh’s nomination by President Donald Trump has stalled due to an effective blockade by Sen. Thom…
The US president, who received the FIFA Peace Prize, said he welcomes the Iranian soccer team but that they should not come for their own safety.listen to this article | 3 minutesinformationPublished March 12, 2026March 12, 2026Click here to share on social mediaShare 2shareplus 2 googleAdd Al Jazeera to GoogleinformationPresident Donald Trump has said it would not be appropriate for Iran’s national soccer team to participate in the FIFA World Cup, which will be co-hosted with the United States this summer.The US president’s comments on Thursday came after Iranian authorities ruled out participation in the soccer tournament amid attacks on…
When millions of Iranians poured into the streets in 1979 to end the rule of the former shah, their revolution seemed to have ended the practice of passing power from father to son. it’s not. Mojtaba Khamenei, the second son of former supreme leader Ali Khamenei, has been elevated to the position his father held for almost 40 years until he was killed in a US and Israeli airstrike. The 88-member expert panel accomplished what many Iranians had hoped would never be done: turn the Islamic Republic into a dynasty. The appointment of someone deemed “unacceptable” by US President Donald…
English clubs were riding high in Europe heading into this week’s last-16 showdowns, so what has gone wrong after a chastening few days that have seen no team claim a first-leg win?There were mutterings on the continent of the supposed dangers of the dominance of the Premier League after they saw nine sides progress to the last 16 of the Champions League, Europa League and Conference Leagues, more than anyone else in Europe. However, Tottenham Hotspur, Manchester City and Chelsea all suffered damaging three-goal defeats on the road, Premier League champions Liverpool lost at Galatasaray, while Newcastle United and Arsenal…
Israeli AI agent startup Wonderful has raised $150 million in a Series B funding round, valuing it at $2 billion, just four months after the company raised $100 million in Series A funding. The new round was led by Insight Partners, with participation from existing investors including Index Ventures, IVP, Bessemer Venture Partners, and Vine Ventures. The company has raised a total of $286 million to date. In just 13 months, Wonderful says it has seen strong demand for its customer service AI agent platform across telecommunications, finance, healthcare, and manufacturing industries. The startup is focused on non-English speaking markets,…
Rivian CEO RJ Scaringe reacts at the small R2 SUV launch event on March 7, 2024 in Laguna Beach, California.Mike Blake | ReutersRivian Automotive The company announced Thursday that its important all-electric vehicle, the R2, will go on sale this spring in a special edition model priced at about $58,000.The first R2 midsize car will be a performance model with a range of 330 miles, dual motors, special attributes and a “Launch Package” that includes “lifetime” access to Autonomy+ advanced driver assistance systems. The vehicle has 656 horsepower and 609 foot-pounds of torque, and can accelerate from 0-60 mph in…
1. Barrel rolloutOn March 10, 2026, a pumpjack is activated and another pumpjack is down at the Bell Ridge oil field near McKittrick, California. Tama Mario | Getty ImagesInternational Energy Agency member states yesterday agreed to release 400 million barrels of oil from the agency’s emergency stockpile, the largest ever release. However, this move did little to help oil prices. Oil prices rose about 5% overnight, with Brent crude at one point reaching $100 per barrel.Here’s what you need to know:The IEA did not provide a timeline for releasing reserves, but the agency’s director, Fatih Birol, said the aim was…
The Senate on Thursday passed the largest housing affordability bill in 30 years, including a ban on investors buying single-family homes, by a vote of 89-10.But the bill faces a fight in the House, which passed its own bipartisan bill in February. House Republican leaders have already signaled they will not take up the Senate-passed bill, saying the bill requires negotiation. House Minority Leader Steve Scalise (R-Louisiana) told House Republicans in a closed session earlier this week that the bill would likely stall due to disagreements in both chambers.One of the biggest problems is that investors and companies that already…
Amazon’s AI assistant Alexa+ has a new personality. The company announced Thursday that it is expanding the lineup of personality styles users can choose from, including adding an adult-only “Sassy” option. Amazon notes that users must undergo an additional security check in the Alexa app before choosing to use the Sassy personality. Personality styles will also no longer be available if Amazon Kids is enabled, according to Amazon. This new option joins options like Brief, Chill, and Sweet that launched last month. Image credit: Amazon When you turn on the Sassy option in the Alexa mobile app, you’ll be warned…
An Uber sign is placed on a vehicle at San Francisco International Airport (SFO) on Monday, February 2, 2026 in San Francisco, California, USA. David Paul Morris | Bloomberg | Getty ImagesFor more than a decade, Alvaro Boraines has been a rideshare driver, transporting passengers around Los Angeles in his SUV. He’s never seen anything like what happened with Gus this month.”It’s changing very quickly,” Boraines told CNBC. “That’s insane.”In Boraines’ eyes, prices have skyrocketed “overnight” in the wake of the U.S. and Israeli attack on Iran. Boraines has tried to avoid short rides to ensure he makes a profit…