Day: August 26, 2025
OpenAI says it plans ChatGPT changes after lawsuit blamed chatbot for teen’s suicide
OpenAI CEO Sam Altman speaks during the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks Conference in Washington, D.C., U.S., July 22, 2025. Ken Cedeno | Reuters OpenAI is detailing its plans to address ChatGPT’s shortcomings when handling “sensitive situations”following a lawsuit from a family who blamed the chatbot for their teenage […]
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Stocks making the biggest moves after hours: MongoDB, Okta, PVH and more
Check out the companies making headlines in after-hours trading. MongoDB — Shares of the developer data platform company popped more than 21% after MongoDB topped Wall Street’s expectations. The company reported adjusted earnings of $1 per share on revenue of $591 million, beating earnings estimates of 66 cents per share on revenue of $556 million, […]
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Okta raises forecast as CEO says economic conditions were ‘better than we thought’
Okta CEO Todd McKinnon appears on CNBC in September 2018. Anjali Sundaram | CNBC Okta shares rose 4% in extended trading on Tuesday after the identity software maker reported fiscal results that exceeded Wall Street projections. Here’s how the company did in comparison with LSEG consensus: Earnings per share: 91 cents adjusted vs. 84 cents […]
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Trump administration pulls additional $175 million from California high-speed rail project
NASA administrator Sean Duffy visits the Neil A. Armstrong Operations and Control Building at the Kennedy Space Center for Space Launch Complex 39A before the NASA and SpaceX Launch Crew-11 mission to the International Space Station on July 31, 2025 in Cape Canaveral, Florida. Miguel J. Rodriguez Carrillo | Getty Images Transportation Secretary Sean Duffy […]
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Taylor Swift sporting ‘cushion cut’ engagement ring gives Signet Jewelers stock a brief pop
US singer-songwriter Taylor Swift kisses Kansas City Chiefs’ tight end #87 Travis Kelce after the Chiefs won Super Bowl LVIII against the San Francisco 49ers at Allegiant Stadium in Las Vegas, Nevada, February 11, 2024. Patrick T. Fallon | Afp | Getty Images Your favorite post-pandemic economic engine shared some personal news on Tuesday. Singer […]
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Fed responds to Trump effort to fire Lisa Cook
Lisa Cook, governor of the US Federal Reserve, arrives for the morning session of the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Saturday, Aug. 23, 2025. David Paul Morris | Bloomberg | Getty Images The Federal Reserve on Tuesday said it would abide by any court decision on […]
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Trump says he’ll have a Fed ‘majority’ soon to push rates lower after firing Cook
U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025. Jonathan Ernst | Reuters President Donald Trump said Tuesday he will soon have a “majority” of his own nominees on the Federal Reserve board of governors who will back his desire to slash interest rates. […]
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Healthy Returns: Eli Lilly’s chief scientific officer breaks down the latest obesity pill data
The Eli Lilly headquarters in Indianapolis, Indiana, on Aug. 15, 2024. AJ Mast | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Eli Lilly‘s closely watched obesity pill is inching closer […]
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Taylor Swift is engaged to NFL star Travis Kelce
Pop superstar Taylor Swift is engaged to NFL star Travis Kelce, according to Instagram posts on their official accounts on Tuesday. The couple has dated for the past two years. “Your English teacher and your gym teacher are getting married,” the Instagram post caption said. Kelce has won three Super Bowl rings as a tight […]
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How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s
Wall Street’s largest firms are championing a new cause. They are bringing alternative assets — once reserved for the ultra-wealthy — to the portfolios of individual investors. Chief among the proponents are BlackRock and Goldman Sachs. But, as is usually the case in investing, the potential of greater returns comes at a risk. “The alternative […]
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