Three things to know about FISA Section 702: Congress passes short-term extension of controversial surveillance program
[ad_1] Sen. Ron Wyden, D-Ore., speaks as U.S. Trade Representative Jamieson Greer testifies before a Senate Finance Committee hearing on President Donald Trump’s trade policy, on Capitol Hill in Washington, April 8, 2025. Kevin Mohatt | Reuters The House and Senate on Friday approved a short-term extension of a section of federal law that allows […]
‘It’s just scale’: Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers
[ad_1] Derek Sylvester with members of his family, team and mascot Molly, who was featured on the dealership’s logo. Courtesy Sylvester Chevrolet Derek Sylvester’s father built the family’s original Chevrolet dealership with his bare hands on Main Street in rural Peckville, Pennsylvania, in 1972. The store and family have been a pillar of the village, […]
AI chipmaker Cerebras files to go public after scrapping IPO plans last year
[ad_1] Cerebras, a producer of chips that run artificial intelligence models, on Friday filed to go public on Nasdaq under the ticker symbol “CBRS.” Cerebras reported a $87.9 million in net income on $510 million in revenue during 2025, according to Friday’s filing. Revenue grew nearly 76% from 2024, when the company had a $485 […]
Earnings poised to stoke confidence in a stock market that has rebounded to all-time highs. Here’s what’s ahead
[ad_1] Just as earnings season revs into full gear, the bulls have taken hold of Wall Street amid growing hopes the U.S.-Iran war will soon end. The S & P 500 and Nasdaq Composite rallied to all-time highs not breached since January this week on news that Iran will reopen the Strait of Hormuz for […]
A ‘systemic’ jet fuel shortage is brewing in Europe — and flights could be hit hard
[ad_1] Europe’s airline industry is at risk of a “systemic” jet fuel shortage in the next few weeks if the Strait of Hormuz blockade continues, with the potential of hundreds of flight cuts, according to experts. Claudio Galimberti, chief economist at Rystad Energy, told CNBC’s Ritika Gupta on “Europe Early Edition,” on Tuesday that the […]
Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication
[ad_1] Senator Elizabeth Warren speaks at a No Kings Day event on the Boston Common on March 28, 2026. Finn Gomez | Boston Globe | Getty Images Kevin Warsh’s newly released financial disclosures shed light on the Federal Reserve chair nominee’s vast wealth, but also raise questions about parts of his holdings that aren’t fully […]
House Dem Sam Liccardo probes suspicious oil trades during Iran war
[ad_1] Rep. Sam Liccardo, D-Calif., attends a news conference with members of the Congressional Hispanic Caucus during the House Democrats’ 2025 Issues Conference at the Lansdowne Resort in Leesburg, Virginia, March 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Sam Liccardo, D-Calif., is probing whether the nation’s top financial regulators are […]
Nvidia AI chip rivals attract record funding as competition heats up
[ad_1] This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Nvidia has cemented itself at the heart of the AI boom with a monopoly on the most powerful chips to train and run models, but a growing crop of startups are set on challenging the company’s supremacy. […]
Tanker diplomacy: Trump faces tests from Havana to Hormuz
[ad_1] A man stands as a tugboat guides the Russian oil tanker Anatoly Kolodkin at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. Yamil Lage | Afp | Getty Images Energy shipments are increasingly being used as foreign policy tool as the Trump administration attempts to hold down two […]
Israel’s central bank chief pins hopes on peace as economic shock looms
[ad_1] The Israeli economy is facing a significant hit to growth projections as a result of the Middle East conflict — but its central bank chief is hopeful that a rapid resolution to the wars in Lebanon and Iran can help ease the shock. Speaking with CNBC’s Karen Tso at the IMF-World Bank spring meeting […]