Month: January 2025
Ex-senior Federal Reserve advisor charged with economic espionage to benefit China
FILE PHOTO: The Federal Reserve building is seen in Washington, U.S., Jan. 26, 2022. Joshua Roberts | Reuters A former senior advisor for the Federal Reserve was arrested Friday on charges that he conspired to steal Fed trade secrets for the benefit of China. The data that the advisor John Harold Rogers allegedly shared with […]
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Musk aides lock government workers out of computer systems at U.S. agency: Reuters
Elon Musk arrives for the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on Jan. 20, 2025 in Washington, DC. Kenny Holston | Getty Images Aides to Elon Musk charged with running the U.S. government human resources agency have locked career civil servants out of computer systems that contain the personal data of millions of federal employees, according to two agency officials. Since taking office 11 days […]
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Farms of the future: How Singapore is using tech to grow food without farmland
Step into the future of farming – where Singapore secures its food supply without relying on farmland. Step into the future of farming – where Singapore secures its food supply without relying on farmland. In the heart of Singapore, indoor hydroponics farm Artisan Green has redefined agriculture through technology and innovation. Supplying supermarkets, hotels, restaurants […]
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Second federal judge blocks Trump funding freeze
A person uses a mobile phone with the U.S. Capitol building in the background, on Capitol Hill in Washington, U.S., November 13, 2024. Nathan Howard | Reuters A federal judge on Friday temporarily blocked President Donald Trump’s administration from freezing federal loans, grants and other financial assistance to 22 states, barring the Republican for now […]
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This head of investor research explains the latest stock moves on earnings
After earnings sent some well-known companies diverging in Friday’s session, Jessica Inskip, director of investor research at StockBrokers.com, has ideas on how to think about these names going forward. Inskip joined CNBC’s “Three-Stock Lunch” segment to discuss Exxon Mobil , Deckers Outdoor and Atlassian . Here’s what she had to say about each: Exxon Mobil […]
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FAA to restrict helicopter traffic around D.C. airport after fatal airplane collision
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025. Evelyn Hockstein | Reuters The Federal […]
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Here’s how tariffs on Canada, China and Mexico may impact U.S. consumers
Key Points President Donald Trump is imposing a 25% tariff on Canada and Mexico and a 10% tariff on China starting on Saturday, the White House said. Tariffs will likely result in higher prices for U.S. consumers, both directly and indirectly, economists say. Tariffs are a tax on foreign imports that are paid by the […]
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New York City office demand is finally back to normal
Demand for New York City office space has finally returned to pre-pandemic levels, driven by an influx of new workers as well as a drive by employers to see current workers return to the office. During the fourth quarter, office demand in the city jumped 25% from the year before, according to VTS, which measures […]
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DeepSeek’s hardware spend could be as high as $500 million, new report estimates
Faisal Bashir | Lightrocket | Getty Images China’s DeepSeek became the biggest topic in tech this week, with many in the industry and on Wall Street focused on a single number: $6 million. In DeepSeek’s paper about its newest artificial intelligence model, the company said that its total training costs amounted to $5.576 million, based […]
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Trump tariffs on Canada, Mexico and China begin Saturday, White House says
U.S. President Donald Trump signs executive orders in the Oval Office at the White House in Washington, U.S., Jan. 30, 2025. Elizabeth Frantz | Reuters In an apparent ending to weeks of intense speculation, the White House confirmed Friday that President Donald Trump will be leveling aggressive tariffs this weekend on major U.S. trading partners. […]
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