Author: Admin
Meta CEO Mark Zuckerberg set to testify in LA social media safety trial
Arda Kucukkaya | Anadolu | Getty Images Meta CEO Mark Zuckerberg is scheduled to testify on Wednesday in Los Angeles Superior Court as part of a landmark trial about social media and safety that’s being likened to the industry’s “Big Tobacco” moment. The trial, which began in late January, centers on a young woman who […]
Read More
In wartime Ukraine, the government is deploying a super app for the citizenry’s future
Digital transformation and reskilling are challenges during the best of times, but Ukraine’s wartime achievements with technology deployment for its citizenry are a unique success story. Despite the full-scale Russian invasion, which happened nearly four years ago and continues to this day, the Ukrainian government has continued working towards President Volodymyr Zelenskyy’s goal of building […]
Read More
FDA chief Marty Makary says ‘everything should be over the counter’ unless drug is unsafe or addictive
Food and Drug Administration Commissioner Marty Makary told CNBC that he believes “everything should be over the counter” unless a drug is unsafe, addictive or requires monitoring – doubling down on a push that some in the pharmaceutical industry have questioned. In an interview Wednesday in Washington, D.C., Makary said the FDA aims to make […]
Read More
Palo Alto shares sink 8%, CEO defends cybersecurity’s position as AI hits software stocks
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks CEO Nikesh Arora addressed the recent downdraft in software stocks, telling analysts in […]
Read More
Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table
Oil prices rose more than 2% on Wednesday, after Vice President JD Vance said Iran did not address U.S. red lines in nuclear talks this week and President Donald Trump reserves the right to use military force. U.S. crude oil rose $1.56, or 2.5%, to $63.89 per barrel. Global benchmark Brent was up $1.61, or […]
Read More
The ‘boomcession’: Why Americans feel left behind by a growing economy
Fotostorm | E+ | Getty Images Welcome to the “boomcession.” The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller. Economic output and the stock […]
Read More
‘Crap’: Stephen Colbert blasts CBS for denying it blocked James Talarico interview from air
“Late Show” host Stephen Colbert on Tuesday night called CBS’ denial of his claim that it blocked the broadcast of his interview with Texas state Rep. James Talarico “crap” — and urged the network and its parent, Paramount Skydance, to stand up to the “bullies” in the Trump administration. Colbert’s broadside came hours after CBS […]
Read More
Amazon’s losing streak, Berkshire’s new position, the ‘boomcession’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. I’ve been craving birria since reading about the Mike’s Red Tacos new franchising plan. Stock futures are higher this morning. The three major indexes all ended yesterday’s session little changed. Here are five key things investors need to know to […]
Read More
Stocks making the biggest moves premarket: Nvidia, New York Times, Palantir & more
Check out the companies making headlines before the bell. Nvidia — The chipmaker ticked up 2% after Meta expanded its partnership with Nvidia to use millions of the company’s AI chips, including standalone central processing units, for its data center build-out. The New York Times Company — The stock rose 3% after Warren Buffett’s Berkshire […]
Read More
Treasury yields nudged higher as investors await Fed meeting minutes
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 6, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields edged higher on Wednesday as investors anticipated the Federal Reserve’s meeting minutes and key inflation data. The 10-year Treasury yield rose more than 1 basis point […]
Read More