World
DOGE-affiliated employee has accessed IRS system with sensitive taxpayer information
The Internal Revenue Service building in Washington, D.C. on Feb. 13, 2025 Kayla Bartkowski | Getty Images News | Getty Images An Internal Revenue Service employee who is affiliated with the Department of Government Efficiency has accessed an IRS system that houses sensitive taxpayer information, according to an administration official. The employee was granted access to the […]
Read More
New downloads of DeepSeek suspended in South Korea, data protection agency says
Deepseek’s logo on Jan. 29, 2025. Andrey Rudakov | Bloomberg | Getty Images South Korea’s data protection authority on Monday said new downloads of the Chinese AI app DeepSeek had been suspended in the country after DeepSeek acknowledged failing to take into account some of the agency’s rules on protecting personal data. The service of […]
Read More
Asia-Pacific markets mostly higher as investors parse Japan GDP growth data
Doctoregg | Moment | Getty Images Asia-Pacific markets traded mostly higher Monday, as investors parsed Japan’s fourth-quarter economic growth data, while awaiting a slew of central bank decisions from the region this week. Japan’s Nikkei 225 traded around the flatline, while the Topix added 0.15%. South Korea’s Kospi added 0.18% andthe small-cap Kosdaq added 0.35%. […]
Read More
CNBC Daily Open: Elon Musk’s money is not the issue for OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, which might […]
Read More
Citing a ‘routine’ update, US removes reference to Taiwan independence on website
The United States Department of State logo on a smartphone screen. Sopa Images | Lightrocket | Getty Images The U.S. State Department said it has made a routine update to the Taiwan section of its website, after the removal of previous wording saying it did not support Taiwan’s formal independence, among other changes that cheered the government in Taipei. The fact sheet on Taiwan, updated last week, retains Washington’s opposition […]
Read More
Japan’s economy expands 0.7% in fourth quarter as exports rise sharply; full-year growth slows
Commercial and residential buildings at dusk in the Minato district of Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Japan’s economic expansion in the fourth quarter beat analysts’ expectations for quarter-on-quarter and annualized growth, boosted by a jump in exports, preliminary government data showed Monday. GDP grew 0.7% quarter on quarter, more than the 0.3% […]
Read More
Why China investors have stayed out of China despite many stimulus measures
Professional investors have stayed away from China’s stock markets despite several attempts by the country’s government to revive investment sentiment. An analysis of fund data reveals portfolio managers have steadily lowered their allocation toward China equities since mid-2020 when Beijing intervened in its property sector with the “three red lines” rule to address concerns of […]
Read More
Trump’s broadside against wind industry puts projects that could power millions of homes at risk
A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The […]
Read More
I’m a psychologist who studies couples—the ones who can answer these 5 questions have happier relationships than most
Most couples think they know each other well, but real intimacy is a lot more than just being able to name your partner’s favorite food or TV shows. As a psychologist, I’ve found that people in the happiest, most successful relationships see in their partner what others can’t or would normally overlook. If you can […]
Read More
The 5 biggest self-defeating mistakes investors make in trying to beat the market
Index investing pioneer Charley Ellis says what gave rise to the success of the index fund remains true today: “It’s virtually impossible to beat the market,” he told CNBC’s Bob Pisani on last Monday’s “ETF Edge.” But Ellis warns of another hurdle just as high as active management’s long-term underperformance that holds back many investors: […]
Read More