Author: Editor-In-Chief
Sen. Martin Heinrich (D-NM) sits on a Monarch MK-V electric tractor during an event showcasing a variety of electric trucks near the Capitol on June 7, 2023 in Washington, DC. Drew Angerer | Getty ImagesSen. Martin Heinrich (D.M.) introduced legislation Thursday that would create new tax rebates for individuals and families hurt by the costs of President Donald Trump’s repealed reciprocal tariffs.The bill, called the “Tariff Refunds for Working Families Act” and shared exclusively with CNBC, is part of a growing Democratic effort to capitalize on President Trump’s tariff policies in the run-up to the 2026 midterm elections. Polls show…
Max Verstappen says he is in talks with F1 and the FIA about how to improve the sport’s new rules.Verstappen has been a vocal critic of the 2026 regulations, which require a 50/50 split between internal combustion engines and electricity, requiring a greater energy deployment strategy, and said he does not enjoy driving the latest cars as much as previous generations. This casts doubt on the four-time world champion’s long-term future in the sport. However, speaking at the drivers’ press conference ahead of this weekend’s second race in China, Verstappen said that although he confirmed he would take part in…
Palantir As a clash between the artificial intelligence startup and the Department of Defense unfolds, the company is still using Anthropic’s Claude, CEO Alex Karp told CNBC on Thursday.”The Department of the Army has a plan to phase out Anthropic, but it is not currently phased out,” Karp told CNBC’s Seema Modi at Palantir’s AIPcon 9 in Maryland. “Our product is integrated with Anthropic and may be integrated with other large language models in the future.”As CNBC previously reported, the Pentagon formally designated Anthropic as a supply chain risk last week, but is still using the Claude model to support…
We’re halfway through the Cheltenham Festival. Thankfully, and mercifully, the great work of Johnny Who in the opening day Ultima Handicap Chase and Ile Etite Temps in Wednesday’s Champion Chase will ensure this column ends the week on a positive note. These really big meetings can be very testing for meetings that put horses into the public arena that aren’t short sale prices. Given the differences, there is a good chance that a conference of the length of the Cheltenham Festival or Royal Ascot can be managed without intimidating the judges. Believe me, I was that guy too! So for…
A new study from the SAPIEN Institute of 1 million people aged 18 and older in 84 countries finds that young people in countries such as Ghana, Nigeria and Kenya fare better than those in the United States. The researchers based their results on what they called “mental health,” a measure that reflects people’s ability to function in daily life based on their cognitive, emotional, and physical abilities. They found that on a Mind Health Quotient (MHQ) scale of -100 (distress) to 200 (thriving), Ghanaian 18- to 34-year-olds scored 69, while young Americans scored 36. The top five countries for…
Mercedes driver George Russell has accused Ferrari of being “selfish” and “a bit stupid” for blocking the FIA from changing Formula 1’s starting procedure for this weekend’s Chinese Grand Prix.Russell won Sunday’s season-opening Australian Grand Prix with team-mate Kimi Antonelli after locking out the front row in a one-two at the checkered flag, but both had to recover from losing places at the start. The reason for the delay, Russell said, was that the two drivers and several other drivers ran low on battery power after the formation lap due to a rule that put drivers who qualified in the…
Google on Thursday announced that Google Maps is introducing a conversational “Ask Maps” feature powered by Gemini and an updated “Immersive Navigation” experience that brings 3D views, road details, natural voice guidance and more to the app. The new “Ask Maps” feature allows users to use natural language to ask complex real-world questions, such as “My phone died, where can I charge it without waiting in a long line to get coffee?” or “Are there any public tennis courts with lights that I can play on tonight?” The tech giant says this feature can also be used to quickly plan…
President Donald Trump addresses supporters during a rally at the U.S. Steel Irvin Plant in West Mifflin, Pennsylvania, May 30, 2025.Jeff Swensen | Getty ImagesA quick guide to Section 301 from CNBC is a quick guide to what Section 301 is, why the White House decided to use it, and what President Donald Trump’s administration hopes to accomplish.”Section 301″Simply put, Section 301 of the Trade Act of 1974 allows us to investigate trade practices that appear to be unfair to determine “whether the acts, policies, or practices of a foreign state are unreasonable or discriminatory and burden or restrict United…
A war with Iran could disrupt fertilizer shipments through one of the world’s most important trade routes and raise global food prices. While energy markets are focused on oil supply risks, analysts say threats to the fertilizer supply chain through the Strait of Hormuz could also pose long-term economic problems through food inflation. “Beyond energy, another risk that has received less attention is the potential spillover to food prices as fertilizer shortages increase agricultural costs,” Stephanie Ross, chief economist at Wolf Research, said in a note Tuesday. Ross estimates that the disruption could cause inflation for eating-at-home prices to rise…
The Pikachu character poses at a Pokémon stand during Brand Licensing Europe at Excel on October 4, 2023 in London, England. John Keeble | Getty Images News | Getty Imagesnintendo Shares have risen 18% so far this week as hopes grew that the Pokémon game became an unexpected viral hit and could boost sales of the company’s flagship Switch 2 console.Nintendo sold 2.2 million copies of Pokémon Pokopia in the first four days after its release last week, making it the fourth best-selling title ever for the Switch 2, which launched last year.First announced last September, the game wasn’t thought…